Managers of Wealth Offshore

States ‘putting money where its mouth is’ to push finance

The money will be used to enhance the agency’s research, expanding its local and global communications and recruiting experienced business representatives in target markets.

Walkers Cayman Acts on IHS Holding Limited's NYSE IPO

The Walkers team worked alongside Latham & Watkins' London and New York teams and was led by Cayman Islands partners Rolf Lindsay and Andrew Barker, with assistance from associate Sam Francis.

Seven Mile Securities fined $250,000 by CIMA

According to the indictment, a co-conspirator who turned confidential informant and cooperated with the FBI, in October 2018 transferred 700,000 shares of Argus Worldwide Corp to McAlpine

Privacy and Data Breaches In the Cayman Islands

In this regard, it is important for Cayman Islands entities that process personal data are aware of their obligations under the DPA and are in a position to recognise and adequately respond to a privacy breach or notifications that occur.

JTC Shortlisted for Best use of Regtech Award

RegTech is the management of regulatory processes within the financial industry through technology.

Central bank targets large merchants for digital wallets

The push to deepen the mobile money market forms part of the drive to introduce a central bank digital currency, a Jamaican CBDC, into the economy, and reduce cash usage.

‘Technology outpacing legislation’ in Bermuda

She gave an example of one client trying to create a financial technology company.

Why the Cayman Islands is a preferred jurisdiction for family offices

The primary sources of the government’s revenues are derived from stamp duty taxes on property transactions, imports, work permits and tourism.

Guernsey short-term worker permits extended

Extending employment permits from five to seven years "should help" and waiving the cost of permits for new arrivals should be "welcome news" for employers wanting to bring new staff to the island.

Cayman limited partner protections

The fund documentation invariably contains extensive details of the general partner's rights, powers and protections.

SRA publishes report on anti-money laundering

Our anti-money laundering work

New Bermuda ILS marketplace registers

The regulatory sandbox provides “an innovation track” for companies to test new technologies

New exemptions align Jersey’s prospectus rules with familiar UK/EU exemptions

The changes are an important step in modernising Jersey’s prospectus regime while still maintaining its integrity and its fundamental role in protecting investors.

Global perspectives: current trends and outlook for the leveraged loan market

With market leading banking and finance lawyers working from nine offices throughout these regions

Fiduciary Duty in the 21st Century: ESG, B Corps and a legal revolution

The sustainable- and impact-minded revolution, which incorporates concepts like ESG but also things like B Corporations, has gathered huge momentum in recent years.

Will Guernsey’s regulated ESG funds end greenwashing?

This is often linked to the scarcity of data provided by portfolio companies – and highlights the need for them to work with asset managers on a consistent, pragmatic but ambitious approach to ESG.

Ombudsman fights data breaches

It provides a legal framework to ensure any breaches are punished and it’s a role that falls to Ombudsman Sandy Hermiston and her team, who take this function very seriously.

Jersey Court declines to follow Bermuda Court on the role of protectors

The Court also commented that full and open discussion is expected between trustee and protector

Apex Group closes acquisition of ARM Swiss Representatives

ASR’s integration into the Group will enable clients to benefit from Apex’s international footprint

Caribbean Regulatory Update - Q4 2021

The Financial Investigation Agency Act, 2003 has been amended to enhance the FIA's supervisory powers in relation to financial institutions

Regulation, Risk & Compliance