Managers of Wealth Offshore

Cayman international insurance sector adds 28 licences in 2026

These comprised of one Class B(i) licence and seven Class B(iii) licences.

HIC tightens oversight as insured population hits 84,689 at end of 2025

During 2025, the HIC received 49 complaints, 931 applications for high-risk insured persons and 67 inquiries.

Retirement age, minimum wage increases now loom

Mrs Glover-Rolle signalled that raising the minimum retirement age from 60 to 62 years-old, and increasing that for the private sector from 65 to 67, is the preferred option at present.

From filing to disclosure: What the BVI’s revised financial return regime means for companies and limited partnerships

The stated reason is the BVI's commitments to the Global Forum on Tax Transparency and Exchange of Information for Tax Purposes.

Ireland Implements New Rules Regarding Third-Party Access to Beneficial Ownership Registers

The Regulations amend the regimes for companies and trusts only.

Panama removed from EU’s tax haven ‘blacklist’ a decade after the Panama Papers

Ten years after ICIJ’s investigation exposed the country as a corporate haven, regulations and checks have been put in place to deal with the reputational damage.

Proposed 31.4% French tax on regulated stablecoins could drive crypto traders offshore

Chainalysis' regional sales director in France Francois Volpoet warned the proposed 31.4% tax on regulated stablecoins could push traders toward unmonitored offshore channels.

JMMB Group sets 2027 for credit cards

The credit card product is set to be launched in Jamaica before being rolled out to DR and T&T in subsequent phases.

Pintard: PAC evidence suggests NIF board was unaware of financial transactions

The PAC chairman disclosed that the committee has obtained documentation identifying five individuals appointed to the NIF board, with appointment records dating back to August 2025.

Law passed to reduce number of LCCLs

Premier and Commerce Minister André Ebanks told parliament on 2 October that the aim of the new legislation is to give Cabinet “a clear and time-limited power to pause the grant of local companies control licences

Economics and Statistics Office launches occupational wage survey

Individual returns will remain confidential and will not be shared with parties outside the ESO, in accordance with Section 8 of the Statistics Act (2016 Revision).

Ombudsman stands by ruling on chief justice’s hiring record

The argument stems from a freedom of information request filed in January this year by former government legal draughtsman Bilika Simamba, who has had long-running disputes with the judiciary.

CIMA AML Desk-Based Reviews Begin in October 2026

The announcement provides useful insight into how CIMA intends to supervise compliance

Finance Committee approves extra $44M in spending

Operating surplus of $26.6 million expected for 2026

Supervision Rules for Internationally Active Insurance Groups being proposed by BMA

The purpose of the Proposed Rules is to strengthen oversight of Bermuda-based IAIGs

Antigua and Barbuda Receives First Allocation Under Bank Financing Arrangement

He said the $67 million was used to settle money owed to the locally-based Finance and Development Company Limited

Cayman now in assessment stage of key financial evaluation

The premier noted that Cayman’s authorities would undergo additional training while the jurisdiction is in constant contact with the task force’s secretariat.

Proposed EU rules could raise public costs by up to €56m a year

Economy ministry highlights impact of proposals in letter to European Commission

Cayman reinsurers challenge proposed US capital requirement

It also calls for a separate change to recoverability requirements for reinsurers with lower financial strength ratings.

CIMA creates second chief supervision officer role in restructure

Glidden has more than a decade of regulatory experience and has held several senior positions at CIMA.

Regulation, Risk & Compliance