Managers of Wealth Offshore

NCB under investigation as pensions and salaries go unpaid

Subcontractors have also told the Compass they are owed substantial sums for work carried out on NCB-related developments.

Ireland Update: The Cyber Resilience Act

The National Cyber Security Centre interprets PDEs broadly as any product that can connect to a device or network

CBCS Changes Deposit Program to Keep More Bank Liquidity Within Curaçao-Sint Maarten Monetary Union

The program also provides banks with an alternative for keeping part of their available liquidity within the Curaçao-Sint Maarten monetary union instead of investing those funds abroad.

FATF warns hawala networks evolving into professional laundering systems

Underground banking systems are no longer loosely organised operations trading on trust and personal relationships.

Government repayment of T-bill unrelated to BML, bank says

BML said it had not provided funds or USD liquidity for the repayment and that the transaction had no effect on its financial position.

Pensions department clarifies legislation for workers and retirees

The guidance also addresses student interns and part-time workers.

Butterfield’s shareholders clear the path for CIBC Caribbean deal

They also authorised the board’s Audit Committee to determine the auditor’s remuneration.

Looming retirement crisis sparks push for pensions reform

The age at which people can start collecting their pension could also be pushed back from 65.

Bank of Nevis identifies Two Cybersecurity Developments That Pose Threats to Wider OECS Region

The Bank of Nevis Limited said that the first threat involves a recent aggressive wave of smishing attacks

Where is Jamaica’s digital asset policy?

This is money moving and value being created, but all of it is happening outside a clear Jamaican framework

Cayman borrowing costs to rise following US Fed action

The hit to borrowing costs and savings products is the most direct impact, but Cayman’s close ties to the US economy mean there are other ways it could be impacted.

Cayman Immigration Reform: What Insurance Industry Employers and Employees Need to Know

The Government has described these reforms as only one part of a broader effort to reshape immigration and labour policy.

Cayman Islands Issuers in Debt Capital Markets Transactions: Why Cayman Remains a Leading Jurisdiction for Note Programmes

For international debt capital markets transactions, Cayman remains a leading issuer jurisdiction

Regulation, Risk & Compliance

NCB under investigation as pensions and salaries go unpaid

Ireland Update: The Cyber Resilience Act

CBCS Changes Deposit Program to Keep More Bank Liquidity Within Curaçao-Sint Maarten Monetary Union

FATF warns hawala networks evolving into professional laundering systems

Government repayment of T-bill unrelated to BML, bank says

Pensions department clarifies legislation for workers and retirees

Butterfield’s shareholders clear the path for CIBC Caribbean deal

Looming retirement crisis sparks push for pensions reform

Bank of Nevis identifies Two Cybersecurity Developments That Pose Threats to Wider OECS Region

Where is Jamaica’s digital asset policy?

Cayman borrowing costs to rise following US Fed action

Cayman Immigration Reform: What Insurance Industry Employers and Employees Need to Know

Cayman Islands Issuers in Debt Capital Markets Transactions: Why Cayman Remains a Leading Jurisdiction for Note Programmes

Chamber Concerned About ‘Regulatory Overreach’

Central Bank of Ireland’s AIF rulebook overhaul significantly enhances framework for alternative assets

HMRC savings stats: Cash remains king despite growing appetite for investing

Changes to residence and employment rules simplify processes for Jersey Islanders and businesses

King’s Counsel touts Cayman’s regulatory strength

CIMA issues fraud warning over firm claiming Cayman connection

Protecting your children at all ages through estate planning