Managers of Wealth Offshore

BMA revokes licence of service provider after proprietor declared bankrupt

The second breach was that the firm ceased to be registered with the Bermuda Bar Association as a legal practice and operated as a sole proprietorship.

Swiss Re registers 1863 Re as an SPI in Bermuda for its ILS fund ven

Under the investment management company, Swiss Re has established a dedicated and standalone ILS fund to begin operations, with the Core Nat Cat Fund the first offering under 1863 Fund Ltd., a Bermuda registered fund company the reinsurer has also set up.

Bahamas Avoids 'Dire' 26% Shrink Of Its Gdp Output

The government policy responses have been effective in that regard.

Barbados won’t ban flights from UK

“So at this point in time and with the restrictions imposed in the United Kingdom, we do not think we are going to restrict flights from the UK,” Bostic said.

Highlights on the Settlement Framework issued by the Mauritius FSC

Service defines us, empowers you

It’s best to adhere to UK new law on company registers — Governor

BOSSs is different from the system the UK is proposing because it doesn’t share personal information with the general public but only with “relevant law enforcement agencies to prevent financial crime”.

Trinidad and Tobago UK held discussions on fossil fuel policy shift

Minister Khan acknowledged the clarification and reaffirmed the long history of cooperation between the United Kingdom and Trinidad and Tobago as a member of the Commonwealth.

Ireland Update – Data Privacy – International Data Transfers

The EDPB Recommendations Since the delivery of the “Schrems II” judgment, there has been no guidance available to transferring parties to assist in determining which supplementary measures should be introduced.

Hong Kong residents eye offshore bank accounts

Offshore banking provides a way in which you can protect your assets against financial instability.

St Kitts - Nevis expands diplomatic relation and visa waivers

St Kitts and Nevis has for approximately 40 years, operated its Citizenship by Investment (CBI) programme, considered a highly efficient, cost-effective and lawful path to obtain second citizenship.

Bahamas delisted from FATF grey list

The Bahamas has strengthened the effectiveness of its AML/CFT system

Malta registers current account deficit of €107 million

A surplus of €282.5 was recorded in the same period last year

Is complex compliance driving consolidation in Singapore?

As compliance oversight becomes more challenging, our clients and their advisors are looking at how they can streamline entity management and administration.

The CSSF Releases Updates on the Implementation of ESG Fast Track Procedure for Disclosure Updates

The sustainability risk assessment approach and related disclosures feed into UCITS prospectus

The U.S. Should Stop Helping Criminals Hide Money

Requiring companies to reveal their true owners would be a step in the right direction.

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.

Regulation, Risk & Compliance