Managers of Wealth Offshore

Minimum Wage Rates proposal revised

The proposals will see the Island’s single hourly rate increase from £11.45 to £12.25 per hour from 1 April 2025.

A comprehensive guide to the BMA's proposed new Operational Resilience and Outsourcing Code

The BMA is advising that Relevant Entities should create a communication strategy to manage and mitigate disruptions

Jersey employment law update

The Minister for Social Security accepted the recommendations and requested law drafting to amend the relevant provisions of the Employment (Jersey) Law 2003

A fine balance: new access regulations and privacy regulations for beneficial ownership information in the Cayman Islands

The Parliament of the Cayman Islands has recently approved the Beneficial Ownership Transparency (Legitimate Interest Access) Regulations, 2024

Opposition Spokesman on Finance issues warning to major banks

They also want the government to eliminate the 0.25% tax on their asset base of $2.6 trillion, representing 79% of the country's GDP.

Fund Finance Laws and Regulations 2025 – Cayman Islands

Cayman Islands exempted companies are also occasionally used as investment vehicles

Employer concerns about impact of discrimination compensation rise

The maximum award for hurt and distress would also increase from £5,000 to £30,000 under the proposals.

New Regulatory Policy on Recognition and Approval of an Actuary

The Rule and SoG introduced in November 2019 provides guidance on CIMA’s expectations for the actuarial reports.

Money market report for the week ended January 31, 2025

ECB cuts rates again

Challenges faced with Pipa compliance, says Stuart Hylton

Pipa aims to protect the rights of users in regards to their data

Bermuda Public Companies Update, Winter 2025

Global IPO activity declined by 14% in the third quarter of 2024

Enhanced employment legislation to come into effect from 1 April 2025

These changes are based on feedback gathered during public consultations conducted in 2022

CIMA warns of ‘brain drain’ if new salary scale enforced

Urges review of section of Public Authorities Act

Isle of Man Budget 2025: Scrapping triple lock for some retirees will form part of new measures

The Treasury Minister wants to introduce a new Manx pension guarantee

Guernsey civil servants reject 5% pay rise offer

The deal was backdated to 2022, so needed be renegotiated after 2024.

Majority of small and medium companies raised prices due to wages - survey

SMEs concerned about employee shortages, unfair competition, corruption

PM urges legal capacity boost for AI and Fintech

Mr Davis said the Bahamian financial services industry is expanding to include Fintech, and both regulators and firms will need more legal professionals.

New Guernsey regulatory forum launched

The GCCF will enable members to exchange best practices, conduct research and market analyses

Fund Finance Laws and Regulations 2025: Assessing Lender Risk in Fund Finance Markets (GLI chapter)

In 2024, the market saw continued growth in the use of NAV facilities.

Our aim: Strengthening Malta’s business voice in the EU

Regulations that apply to businesses should not be viewed as obstacles but as frameworks that, when used effectively, can enhance competitiveness and open new opportunities

Regulation, Risk & Compliance