Managers of Wealth Offshore

Further Amendments to the BVI’S Trust and Estate Legislation 2021

The Administration of Small Estates (Amendment) Act implements a long overdue increase in the qualifying value for the Administration of Small Estates Act.

Irish Regulation in Focus: Culture and Individual Accountability

The Central Bank expects firms' actions to be aligned with the expectations of its customers/investors and will take action where it believes firms (and senior management) are falling short of this expectation.

The EU Sustainable Finance Disclosure Regulation (SFDR) is live – what can we expect?

SFDR can be summarised as follows: the regulation is intended to contribute to the higher goal of transitioning the EU to a low-carbon

Consultation Paper on Amendments to the Banking Rules on Accounts, Disclosure & Large Exposures

The proposed Large Exposure Rules will update the Commission’s large exposure and upstreaming framework to bring it more fully in line with international standards and reduce concentration risk, while making a number of allowances for the nature of

Follow up: The Federal Government’s perspective on an employer’s mandate to vaccinate

Employers should continue to monitor the Guidance Materials and review the particular circumstances of their workplace.

RBC launches Caribbean advisory and consultancy business

RBC said these services are targeted at corporate banking, business banking, and private banking clients, in addition to governments and public agencies throughout the region.

Over 100 islands received BML's support in 2020

The Bank's Aharenge Bank Community Fund is an initiative aimed to empower individuals and local organizations

Liquidation solutions in Cyprus and the BVI

A voluntary liquidator cannot be another company or other body corporate

SILO and BDO form regtech joint venture

The compliance software is currently mainly used by businesses in international financial centres.

A Closer Look at Regulatory Developments- March 2021

This CLOser Look at Regulatory Developments focuses on the implications of the recent regulatory developments for the CLO market in particular, and provides a gateway to the more general updates that have been issued by the Maples Group.

Isle of Man Government Confirms Classic TT and Manx Grand Prix 2021 Cancelled

The sector has been provided with financial support throughout the pandemic, and remains under review.

Digital currency by next year

Cabinet approved procurement of the system Monday, says Clarke

Guernsey prepares for new discrimination legislation

A Discrimination Legislation Stakeholder Group has been formed and met for the first time in February 2021.

Taking control: How to get on top of non-financial risks - PwC

From the growing focus on ESG to the heightened operational risks and cyber vulnerabilities for people working from home, 2020 has also highlighted the knock-on impact of one NFR to another.

Cayman team assists fourth ARYA SPAC with $130 million IPO

Ogier has acted as counsel for Perceptive Advisors' previous three SPACs

Short-form mergers – Changyou judgment confirms appraisal rights in the Cayman Islands

A typical 'long-form merger' must ordinarily be approved by a special majority of its members

FATF listing and the Cayman Islands

The Cayman Islands has taken definitive action in recent years to update its compliance regimes to surpass changing global standards

Collas Crill Advises Team on Successful Admissionn to the London Stock Exchange

8,523,334 shares were subscribed for in connection with the placing and TEAM intends to use the proceeds to fund its acquisition-driven strategy.

SILO Compliance and BDO Cayman Sign Strategic Joint Venture Agreement

The new joint venture will accelerate feature development of the industry-leading regulatory technology, SILO Compliance System, and aims to expand its market reach through BDO's sales channels and customers.

Imminent risk of personal fines for NEDs warned by Club NED

The fines have been getting bigger for organisations, and in Guernsey, an individual has faced fines too.

Regulation, Risk & Compliance