Managers of Wealth Offshore

Financial firms disregarding money-laundering rules – Central Bank

Regulators send ‘Dear CEO’ letter to sector warning of more intrusive inspections

The Director Registration and Licensing Regime in the Cayman Islands

The registration, licensing and other obligations under the DRLA are personal obligations of the particular director and not obligations of the Covered Entity or any other person.

A quick guide to data protection in the Cayman Islands

A data subject access request (DSAR) is a request from a data subject for access to their personal data.

New guidance from Guernsey Finance will make it easier for family offices to embrace sustainable investing

Ogier has collated a series of illustrative clauses which can be implemented into a trust deed between a family and their family office.

HSBC offers credit cards in Channel Islands and Isle of Man

This new opportunity is one of a number of positive changes HSBC is making to ensure people’s banking fits in with their island lifestyle and, in turn, makes their lives easier.

EU moves closer to protecting citizens from online defamation

It further reported that as per the legislation the companies not following the proposed EU content policies could be fined up to 6 percent of global revenues, and repeat offenders could see their platforms temporarily banned.

Managing the Luxembourg voluntary liquidation process

Luxembourg also offers compelling structures.

CSSF publishes passporting requirements applicable to UK investment funds and fund managers after the end of the transition period

Following the departure of the UK from the EU on 31 January 2020

UK releases draft order for OT beneficial ownership registries

The draft Order sets minimum requirements for what the UK Government deem to be a compliant publicly accessible register of company beneficial ownership in the Overseas Territories.

Bermuda's Improvements to the Digital Asset Business Act

The 2020 Amendments have also included consideration for the passing of the Digital Asset Issuance Act 2020

Minister for External Relations Welcomes Post-Brexit Trade Negotiations

Our engagement in the negotiations will continue

Finance sector not bouncing back quickly

Due to effects being felt elsewhere in the world, the Finance sector seems to be suffering the most.

ECB recalibrates monetary policy instruments in view of pandemic

Money market report for the week ending December 11

Are Banks Enablers or Victims of Financial Crime?

The charge against the banking industry is that time after time

Bahamas' DARE legislation opens the door for new industry

It also provides for the regulation of digital assets- based payment service businesses and for the registration of financial services related to the creation, issuance or sale of digital tokens and other digital assets.

SEC slaps former Argo boss Watson with fine for misrepresenting pay

The SEC said the money from the fine will be transferred to the general fund of the US Treasury.

Cayman Islands: Update for all Registered Private Funds and Regulated Mutual Funds

Walkers’ Global Investment Funds Group offers Bermuda, British Virgin Islands, Cayman Islands, Guernsey, Jersey and Irish law advice on investment funds and is one of the largest specialist International Financial Centre funds teams worldwide.

Succession Planning - British Virgin Islands and Cayman Islands

When an individual owns shares (Shares) in a British Virgin Islands business company (BVI) or Cayman Islands exempt company (Cayman) there are various succession planning options one may consider.

UK Immigration Post-Brexit

Those wishing to work or stay in the UK for longer will need to apply for a visa under the new immigration system.

Overseas Territories: progress made on improving transparency and addressing illicit finance flows

The UK will continue to work with the OTs and provide all reasonable assistance as they develop their registers.

Regulation, Risk & Compliance