Managers of Wealth Offshore

Key financial reforms now in force

The reforms were approved by the Senate in December

A guide for French SCPIs investing in Irish real estate

The Irish legal purchasing process, or “conveyancing”, begins at the “sale agreed” stage.

Regulator warns Bahamians on ‘relationship’ fraud scams

They seek to gain their victims’ trust through friendship, romance or an offer to help them achieve their financial goals.

“Guernsey mustn’t regulate AI too soon”

Mr Gattiker said many technology entrepreneurs, like Facebook Founder Mark Zuckerberg, believed it was “riskier not to be part of it, not investing, than investing too much”.

Islands' business leaders seek closer collaboration

There's a huge amount that we are doing but there's always room for improvement.

Government reconsiders some new fees as it fine tunes budget

Some of the fee increases, which also included a new top rate of stamp duty on property transfers and additional financial services fees, have already been implemented.

What would CIMA’s proposed AML and sanctions rules change?

The proposed rules do not replace those regulations.

Premier leads Cayman delegation to FATF plenary in Mexico

In addition to attending the main Plenary sessions, members of the Cayman delegation will participate in a series of targeted meetings

Bermuda rewrites insurer licensing rules amid regulatory shift

It adds: “The business plan must be viable, and the proposal must be within the BMA’s risk appetite.”

CIMA consults on tougher AML rules

One of the most notable areas of increased emphasis is governance.

Compliance experts to discuss AI crime and modern typologies

The online event begins at 9am Cayman time and is free for participants who register in advance.

Two More Offshore Banks Likely to Be Closed as Government Tightens Financial Sector Oversight

The Prime Minister noted that the total asset base of all offshore banks combined is approximately US$1.5 billion

Isle of Man Financial Services Authority publishes pensions bill feedback statement

‘There was broad agreement on the need to update the legislative framework and introduce a licensing regime for pension providers’

Government streamlines tokenised funds legislation

These legislative enhancements demonstrate the Cayman Islands’ commitment to remaining at the forefront of global financial services innovation

CIMA details revised fund fees, sets February deadline

Annual return fees for financial years ending on or before 31 December 2025 will continue to be assessed at pre-revised rates of $300 or $150, as applicable.

Excess reserves fall in 2025 as banks deploy more funds, Central Bank reports

Foreign currency flows also shifted during the month.

Civil Reform Bill 2026: Key changes explained

The Civil Reform Bill introduces an enormous overhaul to the discovery process.

The New Crypto-Asset Reporting Framework – Relevance for Cayman Investment Funds

Investment funds are not subject to the CARF Regulations unless they undertake activities that would render them a RCASP

The Cayman Islands LLC – more than a Delaware clone

U.S. investors, asset managers and business sponsors were already deeply comfortable with the Delaware LLC.

JN Group laments international banking challenges

That has impacted the profitability of the UK outfit as other competitors move forward without these challenges to process cash payments.

Regulation, Risk & Compliance