Managers of Wealth Offshore

Liquidity Boosted by Loyalty: Creative Collateral

Revenue from the sale of miles has remained stable even at times when demand for flights has dipped.

Mandatory Disclosure Rules update in the Crown Dependencies

Following the UK repeal of DAC6.

The Right to Work Remotely and the Right to Disconnect in Ireland - Is the Home Office here to stay?

The Strategy envisages enhanced tax incentives for home workers and investment in remote working hubs as well as an acceleration of the national broadband strategy.

CIMA warns unregistered directors

CIMA said it would consider the lack of communication when assessing whether a director is fit and proper to act in connection with a regulated fund or other licensees, as well as in future applications.

2020 – a year of challenge and increased sophistication for captives

The level of interest in Guernsey throughout 2020 has been massive.

BMA registers 67 insurance entities in 2020

The Bermuda Monetary Authority registered ten new re/insurance entities in December, taking the total number of registrations for 2020 to 67.

BAHAMAS: Governor In Bank Fee 'Transparency' Pledge

The Bahamas has to achieve more significant development of non-bank channels to direct capital to the private sector, exploiting channels that the securities industry might promote.

The Regulatory webcast - Maples Group

Listen to our latest regulatory webcast.

KPMG announces Channel Islands and Isle of Man merger

The new practice is wholly owned by its local partners who will continue to make decisions quickly that are right for our jurisdictions.

HSBC introduces monthly €5 fee for banking services

Low earners, pensioners could be impacted, Consumers' Association warns

Update on Pension Regulation in Jersey

The Government of Jersey announced in December 2020 that the phased introduction of regulation of private pensions provided by local financial services businesses is to proceed following two consultations on the matter in 2018 and 2019

Harneys advises Equatorial Palm Oil

CML was incorporated in 2015 to acquire licenses prospective for mineral sands in Sri Lanka (the Project).

Non Voting members join Economic Development Committee

They will be fully involved in all work that goes on with the Committee, but will not get a vote on political issues or decisions.

Tribunal dismisses Hanjin family's appeal on inheritance taxes

The children challenged the decision, claiming they learned about the overseas assets only in 2016, 14 years after his death in 2002.

Electronic Signatures & the Private Client

The core documents include trust deeds, wills and testamentary instruments and enduring powers of attorney.

Cayman Islands Economic Substance reporting dates extended

The next stage for those carrying on relevant activities will be filing an ES Return through the DITC Portal.

EU Regulator Warning on Post-Brexit Financial Services EU Access Exemptions

ESMA's statement aligns with our previous advice to clients on the narrow scope of this exemption, particularly where it relates to services being provided to retail clients.

Taking an assignment of a purchase agreement in a new development? Act now to beat 30 June 2021 stamp duty changes!

Up until recently, the Cayman Islands Lands and Survey Department had indicated that stamp duty paid on a purchase agreement cannot be applied to a future assignment of that purchase agreement.

‘No more withdrawals’: premier sticks to pension position

Government had amended the National Pensions Law to allow local workers to make withdrawals from their pension accounts.

‘No more withdrawals’: premier sticks to pension position

Government had amended the National Pensions Law to allow local workers to make withdrawals from their pension accounts.

Regulation, Risk & Compliance