Managers of Wealth Offshore

Ogier Trade Marks Prosecution fact sheets

Our IP experts are pragmatic and commercial in their approach to providing IP solutions for all types and sizes of business

Guernsey playing its part in protecting pension members from harm

In this blog for WE ARE GUERNSEY, Margaret discusses the definition of a scam, how to spot the tell-tale signs and how Guernsey is also playing its part in protecting pension holders from scammers.

UK Update - Jo Kitcat, July 2022

Caroline Bradley from the Guernsey Financial Services Commission gave a regulatory update

States approve new minimum wage proposals

Deputy Roffey advised the Assembly that the proposals, which were ultimately approved, were “significantly above inflation”.

Carey Olsen and Highvern lead on launch of Capital Pilot's systematically driven venture capital fund for UK startups

Carey Olsen acted as lead counsel to Capital Pilot on the fund launch

Banks and regulator seek to ‘mute’ cheque-end dissent

The Central Bank, together with commercial banks and the wider financial services industry, view the elimination of cheques as another key step in the evolution of digital payments channels and efforts to drive ever-increasing numbers of Bahamians to use

Cutting red tape to new investors

Suggesting that only projects worth $100m or more go before the NEC, which is really the Cabinet or a Cabinet committee/sub-committee, the report said the political directorate’s role was viewed by investors and their advisers as “non-value ad

CRS – Requests for information and breach notices issued by email

The DITC typically sends any requests for information in relation to a financial institution (FI) to the email address provided

Grenada: Government to pay pension to public workers by November

The data coming out from the Ministry of Finance is that the retroactive payment is going to be in the region of EC$60 million.

Cayman freezes US$8.7 billion in Russian assets

This represents over US$1 billion more than initially reported in April by the cross-government task force established to coordinate the application of sanctions against Russia.

Streamline: Trade policy draft calls for review of incentives and duty exemption schemes

It was also noted that the various encouragement acts set different conditions to benefit from exemptions as well as provide a different scope for exemptions.

Additional information sources to support Industry in combatting financial crime

These documents are for information only and do not introduce any new Code of Practice requirements.

78% of Jersey firms believe RegTech tools are increasingly necessary for achieving compliance

RegTech firm RT Associates who conducted the report found that 78% of Jersey firms believe RegTech tools are increasingly necessary for achieving compliance.

Bermuda Government’s two-bond buyback

The Government will determine in its sole discretion the aggregate principal amount of Existing Notes of each series validly tendered in accordance with the terms and conditions that it will accept for purchase.

Real Estate Transactions: Legislative Amendments

These amendments are reflected in the Real Property Tax (Amendment) Act, 2022, the Stamp (Amendment) Act, 2022, and the Value Added Tax (Amendment) Act, 2022, (which all took effect on 1 July 2022) and are set out below.

Performing an AML audit for your organisation – Franklin Cachia

There are various phases throughout an AM audit.

BWCI Pension Trustees reprimanded for data protection responsiveness

Following the investigation, the Authority determined that the Controller breached the Law by failing to respond appropriately to the Complainant’s Request.

STEP conference’s carbon footprint offset by donation to marine conservation project

The event had a full day’s line-up of in-person speakers who covered a variety of topics which included gender identity in family trusts, philanthropy and social purpose and NFTs alongside essential industry updates.

Removing the barriers to Shariah-compliant investments

Quilter Cheviot is now able to provide this solution in partnership with Yasaar, a Shariah supervisory firm

Banks’ fee income doubles in decade

“After interest earnings, fees on the products and services prove to be the second most important source of revenue for banks.

Regulation, Risk & Compliance