Managers of Wealth Offshore

Financial firms could face fee rise

GFSC said its financial planning reflected "the need to invest in the people, technology and specialist skills required to supervise an increasingly multi-faceted financial services sector".

Regulator issues mass warning to non-compliant directors

The monetary authority warned that the directors, who should have filed the information by 15 Jan., could face further consequences.

Minister of Finance Welcomes CBCS Upcoming Implementation of Deposit Guarantee Scheme

The Deposit Guarantee Scheme is designed to protect individuals and businesses that hold eligible deposits with licensed banks and credit unions

CIMA Finalises New Enforceable Rules on AML/CFT/CPF Compliance and Financial Sanctions – Impact on the Insurance Sector

The new Rules mark a significant shift from guidance-based to legally enforceable AML/CFT/CPF and sanctions requirements.

Divorce in Jersey: How to steady your finances (and yourself)

The parties are required to provide the court (and each other) with a full and detailed breakdown of their assets, income and other financial resources

Required capital for payment service providers increased

The central bank also noted that this move aims to ensure that financially sound and responsible institutions operate within the financial sector.

Navigating the new build process in Cayman

Every development is different and every off-plan purchase agreement is different.

Alternative Investment Funds Laws 2026 - British Virgin Islands

Reporting to investors is governed by the terms of the offering document and constitutional documents

‘10% salary increase being eroded by NI payments, taxes’

The negotiations involved salary periods covering 2014-2016 and 2017-2019 and have become a major point of contention between the union and the State.

Saint Vincent Regulator Freezes Virtual Asset Applications, Existing Submissions Continue

The suspension will remain in place until further notice.

BGA strike looms over change to pay date

However, one employee, who wished to remain anonymous, claimed that not all staff were paid wages in advance of work.

Likely increase in US interest rates would impact Cayman

Variable interest rates for loans and mortgages in Cayman are tied to the US prime rate.

GSR registers two Cayman entities for securities and asset management

GSR Markets Cayman Limited and GSR Capital (Cayman) Limited have been registered with the Cayman Islands Monetary Authority

Cayman Islands CRS Amendments: Cayman Islands-Based Principal Point of Contact

Cayman Islands financial institutions must appoint a locally resident Principal Point of Contact by 31 January 2027.

Guide for PRC Clients on Obtaining BVI Grants of Probate

BVI law requires applicants for a grant of probate or letters of administration with the Will annexed to ‘mark’ the Will with the standard oath and signature before a notary public.

BMA consults on AI guidance for Bermuda's financial services sector

The proposed Guidance Note applies to all BMA-regulated entities across all sectors.

New PRC Offshore Trust Tax Rules – Key Implications for Cayman and BVI Offshore Trust Structures

The market should not overreact to the Notice.

Bill seeks to allow Cabinet to amend planning regulations, waive fees

“Regulations have to move a lot faster,” he told host OC Connor.

Financial services regulatory summary: August 2026

IOMFSA published practical material to help firms understand the appropriate use of simplified measures within the Island’s risk-based AML/CFT framework.

CIMA collected CI$189.41m in fees for government in 2025

CIMA also provided policy advice and ministerial services and monitored compliance with anti-money laundering regulations.

Regulation, Risk & Compliance