Managers of Wealth Offshore

URCA's budget to increase 12 percent

The regulator explains in its draft plan that in less than two years, the number of power producers it will have to oversee jumped from six to 23 as a result of the government’s PPPs.

St Kitts and Nevis announces double salary for public workers and pensioners

Ministers of government, advisers, and certain other officials will not be eligible for the double salary.

Myles: Minimum wage rise ‘moral imperative’

The increase follows more than 10 years of debate.

Realtors unworried as Parliament approves 10% luxury property stamp duty

Provenance Properties analysed data from the Cayman Islands Real Estate Brokers Association (CIREBA) and found no clear impact on sales, following the 14 Nov. announcement.

Fitness & Probity: Feedback Statement to CP160 and updated F&P Guidance

The F&P Guidance consolidates all F&P-related materials

Data protection authorities launch joint investigation into Prospect cyber incident

By pooling resources and expertise, a focused, efficient and expedient inquiry will be delivered.

HSBC updates parental leave policy for employees in Isle of Man

‘Being a family-friendly employer is extremely important to us’

Guernsey's government sets out five ‘super priorities' over the next three years

We hope this will help bring the States’ priorities to life in a way that makes sense to the community

Cayman delegation participates in 61st CFATF Plenary in Barbados

Practical guidance was given on several priority issues

BOJ weighs inflation surge against weak demand in rate decision

This pattern aligns with the central bank’s November forecast that “the economy is projected to contract significantly” due to the hurricane.

Trusts Jersey Law: Once, twice…eighth time amended

This amendment is prospective in its effect only, meaning that while it will apply to any trust created before or after the amendment, the effect on the order of priorities will only impact prospectively.

Amendments to the Cayman Islands Common Reporting Standard Regulations

These amendments have been introduced to align the Cayman Islands CRS regime with amendments to the CRS adopted by the OECD in August 2022 (CRS 2.0).

Cayman aims for US reinsurance recognition

Reinsurance is one of the rising stars of Cayman’s financial services.

Parliament approves telecoms licence fee rule updates

This later saw telecoms companies Flow and Digicel file lawsuits against the office seeking a refund for license and royalty fees.

IMF says Bahamas economy to close 2025 with 2.8 percent growth amid elevated debt

The Fund reported that real GDP growth was robust during the first half of 2025 and is expected to decelerate modestly next year, before easing toward the economy’s estimated potential growth rate of about 1.5 percent over the medium term.

HSBC announces further parental support for colleagues across Channel Islands and Isle of Man

Additionally, the Bank has announced updates to their existing Parental Leave Policy, extending the benefits available in Jersey, to all colleagues across the islands to ensure a consistent approach, regardless of location.

Government pays €261 million in interest alone to finance its debts

Spending on debt servicing diverts funds from investment, social welfare - Auditor General

Irish Revenue Updates Guidance on Territorial Scope of VAT Groups

The change is particularly relevant to businesses in the financial services sector, which often have limited ability to recover input VAT.

Guide to Workplace Investigations in Guernsey (International Employment Lawyer)

Investigation findings can be shared with relevant internal stakeholders albeit on a strictly need-to-know basis.

Financial sector undergoes additional governance changes

These changes will result in JMMBGL’s board moving from 15 to 10 directors

Regulation, Risk & Compliance