02/10/2021
Cayman financial investigators freeze US$200 million
The money is held in a combination of Cayman-based and foreign accounts.
Regulation, Risk & Compliance
02/10/2021
Economic Substance Returns in the Cayman islands
Client companies that have nominated CO Services as Responsible Person will be contacted separately to provide the required information for submission.
02/10/2021
BMA confirms three new entities registered in January
Meanwhile, Argo Insurance Services Bermuda was also licensed as an agent.
02/09/2021
Investor briefing highlights Cayman’s stability, new regulations
The statements by Premier Alden McLaughlin, Financial Services Minister Tara Rivers and CIMA Managing Director Cindy Scotland
02/09/2021
Caveat Depositor. How Safe Is Your Stablecoin?
Many are what we know as “shadow banks.”
02/09/2021
Blank Swan Flies Again - New BVI Legistration Confirms Availability Of Free-Standing Interim Relief
The decision in Convoy has been appealed to the Privy Council and is due to be heard on 16 February 2021.
02/09/2021
BMA MoU Wyoming Division Of Banking
This MoU creates a regulatory bridge, which facilitates the emergence of regulatory and supervisory best practices in the area of digital assets.
02/08/2021
Green agenda is far more than just climate
It offered brilliant insight from FC4S on the trends and developments within global finance centres on the sustainability agenda - well done to Managing Director Stephen Nolan and his team.
02/08/2021
Walkers Advises Blackstone as Lender on UK Logistics Portfolio Acquisition Finance
The Walkers team comprised group partner Jon Le Rossignol, senior counsel Julia Keppe and associate Lisa Ellefsen.
02/05/2021
CySEC extends the deadline for its Brexit-related Temporary Permissions Regime
Many firms missed the deadline and the extension to the end of February is therefore a welcome development.
02/05/2021
Ireland Update: Strategy on Remote Working Strives to Keep Up
The Remote Working Strategy confirms the Government’s intention to legislate for employees to have a right to request remote working.
02/05/2021
CIBC calls off FirstCaribbean sale after snub from regional bank regulators
The previously announced transaction to sell a significant portion of its majority stake in CIBC FirstCaribbean to GNB Financial Group Limited did not receive approval from FirstCaribbean’s regulators,” the CIBC statement said.
02/05/2021
Unlocking financing for growth in Saint Lucia and beyond
In Saint Lucia and beyond, the existing consequences of COVID-19 have carried over, hand in hand with reports of a new and threatening coronavirus variant, reiterating the importance of identifying needs for post-pandemic survival and preparing for unexpe
02/05/2021
Cayman Islands: 2019 CRS compliance form deadline extended to 15 September 2021
The deadline for the 2020 CRS compliance form also remains 15 September 2021.
02/04/2021
The ID Register becomes regulated
As an independent, neutral hub, The ID Register is trusted by 270 clients with over 25,000 investor profiles as the onboarding authority across the private markets and beyond.
02/04/2021
Viberts Écrivain Sworn in as Jersey Advocate
Eleanor was a Jersey Écrivain and was promoted to Associate at Viberts in 2020.
02/04/2021
TISE Aannounces Removal of Director Declarations for Non Retail - Debt Issuers
This simplifies the listing application process and reduces the continuing obligations for non-retail debt issuers who have securities listed on TISE.
02/04/2021
Walkers Advises CIMC-TianDa Holdings Company Limited in its Privatisation
The company is the world's most competitive market-leading airport equipment core services provider.
02/04/2021
Leading Guernsey fintech business becomes regulated
The regulation supports The ID Register’s single-sign-off service for investors, funds and service providers alike.
02/03/2021
Cayman needs office in EU to fight blacklist proposal
The EU Parliament passed a resolution demanding an expansion of the blacklist and the automatic inclusion of jurisdictions, like the Cayman Islands, that have no corporation tax or other income taxes.