Managers of Wealth Offshore

Data Protection: Key Findings From The ECPB's Whatsapp Ireland Decision

WhatsApp was issued a €225 million fine, the largest ever fine from the DPC, and the second-highest under GDPR rules.

Eyes up from the dashboard – is your regulated business future-proofed?

The Global and EU regulatory engine is running with a reset of Global Business Taxation, new terms of reference for the EU Code of Conduct Group, new proposals for blacklisting criteria, AMLD6 and an AIFMD Review, all in train.

Relocation Employees to Ireland - A Reference Guide for Employers

Occupations include information communication technology professionals, scientists, engineers and business administration and research professionals including, for example, tax consultants and accountants.

Watchdog fines companies for sending 354 million nuisance messages

These companies should have known better.

Bermuda: Ministry of Finance announces additional CRS compliance activities

The notice advises that the Ministry is planning additional CRS compliance activities in support of Bermuda’s obligation to monitor

Transferring Data under the new Standard Contractual Clauses

There will only be one set of SCCs going forward, which can be adapted by omitting modules that are not relevant.

Data protection for investment funds domiciled in the British Virgin Islands

Provide investors with a privacy notice

Data protection for investment funds domiciled in the British Virgin Islands

In addition to governing how a data controller processes, uses and retains personal data, the Act also sets out the rights of individuals to control their personal data and implements a series of offences and enforcement measures designed to ensure compli

Cyprus to introduce transfer pricing legislation

The new legislation will create the opportunity for companies to apply for an APA.

Apex Group partners with VCP Advisors to create Apex VCP

The joint venture further supports the Group’s expansion strategy for global fund marketing and distribution services.

Economy Department launched

This completes the Target Operating Model implementation for this part of the public service, is in line with the One Government structure set out in 2018, and falls within current budgetary constraints.

Rachel Guthrie sworn in as the latest Notary Public at Mourant

As a Notary Public, Rachel, Alison and Rob are able to authenticate and certify documents, transactions and information for use anywhere in the world.

In The Spotlight - International Data Transfers: New Transfer SCCs

Failure to put in place the New Transfer SCCs may result in complaints, reputation damage and regulatory enforcement actions including administrative fines and/or transfer prohibitions.

Ogier's Environmental Impact Policy

This policy sets out Ogier's approach to improving its environmental performance beyond its legal obligations and will be updated as we develop our approach to environmental sustainability.

Data Protection Act Enters Into Force in the BVI

It also applies to non-BVI entities that use equipment in the BVI for processing personal data otherwise than for the purposes of transit of data through the BVI.

Highest number of data protection breach reports since 2019

The ODPA is encouraging all local businesses and organisations to take action on these preventable incidents which so often arise due to human error.

GFSC Director General William Mason to open Governance Guernsey 2021

“This year’s conference is, therefore, focussing on how companies can create a sustainable future."

Further CRS powers in Guernsey

The Bulletin issued on 13 September can be found here.

FSC issues crowdfunding rules to take SME support in Mauritius to the next level

Both frameworks will foster innovation and facilitate access to finance to SMEs

Fund finance: regional perspectives and updates

The global fund finance market has shown much resilience over the last 18 months and as we head into the last few months of 2021, our team offer their thoughts and insights on what we are seeing in each of our regions.

Regulation, Risk & Compliance