Managers of Wealth Offshore

Late filings could cost banks $10m under BMA proposals

Penalties for late filings are inconsistent under present rules

Family investment companies - The benefits and Jersey considerations

A FIC is highly customisable in nature and allows families to pool their financial assets into the company and make strategic investments

Islands show a united front on beneficial ownership

The islands will provide information to the UK authorities on request, generally within 24 hours but sometimes within the hour.

BMA explores opening door to foreign banks

The Government has long expressed support for reform of banking laws to increase competition.

CIMA opens technology outsourcing framework to overseas firms

Suppliers accepted into the framework will not automatically receive work and will instead bid for projects as they arise.

Changes to how directors must disclose interests

For trust businesses, the reduction in administrative burden will be welcome.

Amendments to Jersey’s Companies Law Come into Force

The amendments now in force are the first substantive changes for more than ten years and are broad, spanning share capital, listings, corporate governance, mergers, distributions and winding up processes.

Guernsey funds legal and regulatory update – June 2026

It also aligns with the Guernsey Financial Services Commission’s (the Commission) Finance Sector Growth Strategy 2035, which identifies tax stability as a key foundation for sustainable economic growth and international competitiveness.

A new phase of growth for Walkers Professional Services with Walkers and Vitruvian Partners

The co-investment with Vitruvian Partners gives WPS the platform to grow meaningfully in the next stage of its development

Bill grants Cayman Islands company licence moratorium powers

The bill also creates a separate mechanism for exemptions tied to moratoriums.

Changes to Control of Borrowing Order

On 13 April 2026, the Control of Borrowing (Jersey) Amendment Order 2026 (the Amendment Order) came into force, delivering a first round of targeted reforms.

Pre-approval and notification requirements for changes in ownership of Cayman entities

The documentary requirements differ between CIMA and the DCI, but certain expectations are common.

Strategic advantages of Cayman and Luxembourg parallel fund structures for fund managers

Cayman funds benefit from a light-touch but credible regulatory regime overseen by the Cayman Islands Monetary Authority (CIMA)

UK could act if Guernsey fails to improve transparency, warns anti-corruption chief

Without improvements, criminals and terrorists would “continue to launder their dirty money through the UK and the Crown Dependencies”.

PM Assures No Job Losses in Butterfield’s Acquisition of CIBC Caribbean

According to the Prime Minister, discussions about employee welfare were part of the broader conversations linked to the acquisition

Jersey Company Law Series: records, accounts, annual confirmation statement and audit requirements

Each Jersey company must keep accounting records

Jersey telecoms security framework comes into force with strengthened oversight powers

Providers will also have to adopt a new range of security measures designed to reflect best practice in security and resilience and demonstrate compliance to the JCRA.

New regulations quietly changed the offshore investment game

In simple terms, an offshore trust is a legal relationship where you (the settlor) transfer ownership of assets to a trustee (a professional entity in a jurisdiction like Jersey, Guernsey, or Mauritius).

Cross-Border Investment: Key Jurisdictions for Japanese Asset Managers and Investors

The Cayman Islands is the leading offshore jurisdiction for investment funds

IDB: Mortgage commitments for new homes down 30% from 2015 to 2025

Lenders often play a role in coaching prospective applicants to develop aggressive savings plans to secure the equity requirements.

Regulation, Risk & Compliance