Managers of Wealth Offshore

Sompo’s $3.5bn Aspen takeover driven by regulatory push

Sompo’s proposed acquisition of Aspen comes amid a trend of Japanese insurers expanding into the US market, said S&P.

MFSA fines Malta-based Investors Europe €130,000

Fine is one of the highest imposed by regulator on a single company in recent years

Guernsey Financial Services Commission Launches Digital Finance Initiative

This Forum will use roundtables and workshops to gather insights from practitioners to inform the development of policy improvements on which the Commission will then formally consult.

Anti-takeover protections employed by listed Cayman Islands companies

The flexibility of the articles of a Cayman Islands company, and the Cayman Islands Companies Act itself, provide the framework within which to implement a wide range of anti-takeover devices

Do Cayman investment funds really need an independent director?

Cayman-regulated funds, either those registered as open-ended mutual funds or closed private funds, do not require the appointment of independent directors.

Bahamas-based fund adviser, firms agree to multimillion-dollar SEC settlement over fund misrepresentations

Vukota Capital Management, VCM for short, is a New York limited liability company and unregistered investment adviser.

PDC pushes to transform ease of doing business in The Bahamas

PDC’s business model focuses on three core areas: corporate governance, financial stewardship, and immigration services.

EU law and sports arbitration: lessons from the CJEU’s Seraing ruling

The CJEU also held that it not strictly necessary for a direct legal remedy to be available within the EU.

Benefits and pension rates increase proposed

Changes to how long-term care is funded have also been put forward, which could see residential care benefits increase from £818.00 to £837.62 per week.

CIMA Launches One-Time Amnesty Scheme for Non-Compliant Directors

Eligible directors should have already been contacted by CIMA via their registered email address

BML allocates USD 73 million for business TTs in 2025

The rise in dollar sales is largely due to the government allowing businesses to access a larger share of their requested TT amounts.

Local lenders exempted from AML/CFT/CPF obligations

The JFSC will be communicating directly with lenders registered under the Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008 that they believe may meet the exemption conditions to confirm their status.

Transfer pricing (TP) in Malta: what businesses need to know

Paul Giglio and Ruth Farrugia discuss principles of transfer pricing

Clarien & Visa Launch Cash Back Program

The programme is completely free to join, and rebates are credited directly to the customer’s card within 48–72 hours of purchase.

CIMA announces amnesty for directors who have not met administrative requirements

CIMA's amnesty is only available to registered directors of fewer than 20 covered entities who have more than two years of unpaid annual fees and penalties.

Guernsey Financial Services Commission updates its guidance notes for private trust companies

The latest guidance issued by the Commission on 3 September 2025 (the "Guidance"), which is an evolution of and not a marked departure from earlier guidance, applies equally to PTCs and to PTFs.

Lecture explores misuse of legal structures in financial crime

The assessment will feed into the 2027 Caribbean Financial Action Task Force review of Cayman’s framework for combating money laundering, terrorist financing and proliferation financing.

BMA targets ‘greenwashing’ with new fund rules

Likewise, a fund that does not invest in insurance-linked securities, a key Bermuda market, would be prohibited from including “ILS” in its name.

Send in the Troops? Proportionality, notice and the appointment of joint provisional liquidators in the Cayman Islands

The case law on the appointment of JPLs is relatively well-settled.

Saint Lucia selected as first to test World Bank tool against trade-based money laundering

The sessions aim to identify TBML typologies and vulnerabilities, improve inter-agency co-ordination and strengthen policy responses.

Regulation, Risk & Compliance