08/20/2025
Your comprehensive guide to appointing an executor
An executor can be a family member or a trusted advisor; even banks and trust companies are possible candidates.
Regulation, Risk & Compliance
08/20/2025
Navigating BVI FSC inspections – guidance and action for BVI licensees
In undertaking these inspections, the FSC will be assessing the implementation and effectiveness of the entity's established control systems through inquiry, demonstrations and sample testing of client files.
08/20/2025
Reintroduction of the trainee minimum wage rate in Jersey
These rates will apply to trainees within the first two years of an approved training programme.
08/20/2025
BOV commences share buyback programme
First credit institution in Malta to introduce this scheme
08/19/2025
Money market report for the week ended August 15
Information on ECB monetary operations and the domestic Treasury bill market
08/19/2025
Unravelling usufruct over shares: the new Article 117A of the Companies Act
How does usufruct apply when the asset is a share in a company?
08/19/2025
How do cross-border rules shape estate planning in the Crown Dependencies?
Understanding succession laws, domicile and disclosure rules is key to effective cross-border planning using Jersey and Guernsey structures.
08/18/2025
The broken promise of privatisation
Privatisations have cost societies a lot while promising to improve the economy
08/18/2025
FRC flags $137.5M fiscal data discrepancy and risks to deficit target
A strong final quarter performance will be needed, although downside risks associated with possible underperformance in some revenue categories threaten this projected outturn.
08/15/2025
Coinbase executive praises Genius Act
Ms Haas was speaking in a fireside chat with Oppenheimer analyst Owen Lau at the Oppenheimer 28th Annual Technology, internet and Communications Conference.
08/14/2025
AM Best proposes changes to its rating criteria
This stems from AM Best’s view that all of the PCC’s policyholder rights should be ranked as being on an equal footing with each other
08/14/2025
Conyers Announces 2025 Gap Year Programme
The programme generally requires a 3-4 month commitment to a full time position
08/14/2025
Jersey Private Funds and Operational issues for Designated Service Providers: A timely reminder of a need to update best practice
The JFSC’s action against GBTCL serves as a cautionary tale for Jersey’s financial services sector
08/13/2025
Basel III consultation: advanced approaches, systemic importance, the Net Stable Funding Ratio and the leverage ratio
We have also provided an updated timeline for our roadmap in light of the UK’s delayed implementation of Basel III until 1 January 2027.
08/13/2025
New office bolsters Cayman’s defence against illicit finance and advances FATF effectiveness
This move marks a strategic progression from policy development to demonstrable effectiveness, an essential benchmark under the FATF framework, the ministry said in a press release.
08/13/2025
Cayman National to delist from stock exchange after 51 years
Move approved at extraordinary general meeting held on 8 Aug.
08/13/2025
St. Kitts and Nevis Modernises Banking Laws to Enhance Financial Security and Trust
The amendment introduces a comprehensive framework, empowering the ECCB with modern tools to oversee financial institutions more effectively.
08/13/2025
Jersey Chamber welcomes re-instatement of Trainee Minimum Wage
The Jersey Chamber of Commerce survey highlighted significant concern among local employers and urged the Government to rethink this policy.
08/13/2025
Caribbean countries urged to move towards new payment systems
The CBB said the IPS will allow individuals, businesses, and government to send and receive payments within 10 seconds, with the recipient being able to access the funds immediately upon receipt.
08/12/2025
Money market report for the week ended August 8, 2025
Information on ECB monetary operations and the domestic Treasury bill market