Managers of Wealth Offshore

BML extends window to apply for its 'Bank Fund' once again

The window extended this time offers associations the chance to submit proposals until 16:00 hrs on September 8.

Higher rates sends ‘stark signal’ to policymakers

“The only way we can really signal that — we can lobby, we can have conversations — but the most stark signal is ultimately through pricing.”

Parliament set to pass new bill to boost foreign investment opportunities

The bill was introduced by Hithadhoo Central MP Ahmed Azan Marzooq on behalf of the government.

Barbados set for trade policy overhaul

The minister highlighted several factors necessitating this review, including frequent changes in the global trade landscape, technological advancements, and environmental challenges.

Government surplus comes with message against overspending

The report advised that these costs will “have to be diligently monitored” to ensure spending is not incurred unnecessarily.

Luxembourg: A Flexible EU Securitisation Regime

Luxembourg has long been a preferred jurisdiction for securitisation transactions with one of the more flexible frameworks in the European Union (“EU”)

Cayman Islands beneficial ownership transparency legislation 2024 has come into effect

The Cayman Islands government has confirmed that enforcement relating to the new requirements will be suspended until early next year.

AI-driven financial services compliance platform launched in Jersey

The RuleWise platform features four core modules—Insight, Quest, Resilience, and Academy

Cayman Permits Disapplication of Rule Against Perpetuities

STAR trusts have never been subject to the rule against perpetuities and that will remain the case.

Two New ILPA Templates Available For Public Comment

The QRSI project was originally undertaken to enhance quarterly reporting to limited partners

Cayman Islands exempted companies - Directors' duties and liabilities

The Cayman Islands Monetary Authority has also issued various regulatory measures which are instructive for directors of Cayman Islands regulated funds.

Cayman Islands Investment Funds: Implications of Beneficial Ownership Regime Changes

The beneficial ownership regime has now been enhanced to further demonstrate the jurisdiction’s continuous efforts in this area

Privacy and Data Protection Compliance in Bermuda

Conyers is here to assist you with privacy and data protection matters to ensure your organisation’s compliance with PIPA in advance of this deadline.

BMA licenses Meanwhile as a digital life insurer

The company this week received authorisation from the Bermuda Monetary Authority after a lengthy review process which included spending 18 months in the BMA’s regulatory sandbox.

Our people must adapt to change

Wheatley pointed out that the islands have been under significant scrutiny, with persistent allegations of corruption that have tainted the BVI’s reputation.

Is your organisation PIPA ready?

The Privacy Commissioner has been responsible for developing and maintaining Bermuda’s data privacy regime.

No enforcement for Cayman Islands’ new beneficial ownership regime until 2025

The requirement to file beneficial ownership information is suspended ‘until further notification’

Private Capital – Moving into Calmer Waters?

Small-state IFCs continue to play a pivotal role in attracting a large share of private capital cross-border business due to implementing several strategic measures

An introduction to the Cayman AML/CFT/CPF regime

Failure to comply with the requirements of Sections 2B or 2C of the PFPA is an offence

Update on changes to the beneficial ownership regime in the Cayman Islands

Many Legal Persons that were previously out of scope or exempt will now need to identify their registrable beneficial owners

Regulation, Risk & Compliance