07/14/2020
CIMA Administrative Fines for Regulatory Laws, Regulation and Rules
The Monetary Authority (Administrative Fines) (Amendment) Regulations, 2020 was enacted on 26 June 2020.
Regulation, Risk & Compliance
07/14/2020
Jersey agrees business initiatives with UAE
The webinar advised Jersey companies on how to do business in the UAE, and on the commercial opportunities available as its economy begins to rebuild following the Covid crisis.
07/14/2020
Bermuda’s beneficial ownership register to go public by 2023
The jurisdiction has always had a robust approach to knowing the owners of its companies through the island's regulator
07/14/2020
Switzerland and Liechtenstein sign protocol of amendment to their double taxation agreement
The cantons and the business circles concerned have welcomed the conclusion of the protocol of amendment.
07/14/2020
Approval of Liquidators' Fees: When Supporting Evidence is Found Wanting
From an insolvency practitioner's perspective, this judgment demonstrates that liquidators should take care to submit evidence in support of applications to approve fees, especially when their application deviates from a course which was previously a
07/14/2020
Remote Island: A new era for working life?
Cayman 2.0: Seismic changes in work environment
07/13/2020
Premier: Environmental Protection Fund to remain under LA control
Gov’t agrees to consider creation of marine enforcement unit
07/13/2020
Q1 2020 Statistical Bulletin issued by the BVI FSC
The bulletin is a mechanism by which the regulator communicates the progress made within several different sectors of the BVI’s financial services industry.
07/13/2020
The Continuation of Non-Jersey Limited Partnerships in Jersey
A limited partnership formed or registered under a foreign law without legal personality, may apply for continuance in Jersey, as long as the foreign governing law does not prohibit it.
07/13/2020
Jersey joins UK in sanctions against human rights abusers
Dominic Raab announced an initial list of 49 individuals and organisations that will face travel bans and asset freezes under the new regulations.
07/13/2020
LIBOR Transition – The Time is Now
Service providers should likewise be carrying out this exercise for their clients.
07/13/2020
Mourant Global Funds Update
W explain how the scope of the Private Funds Law 2020
07/13/2020
Monaco Yacht Show has been cancelled
30th Anniversary of Monaco Yacht Show now confirmed for September 2021.
07/13/2020
Cayman authorities update Private Funds Law
The law further clarified that Cayman entities would be considered to be private funds when the individuals or companies with interests/holdings do not personally control the investments of the entity
07/13/2020
Self-Funding Model For ODPA In Guernsey
It is not surprising that core areas of implementation have taken priority, but nevertheless it is important to recognise this as a milestone development.
07/13/2020
Jersey to tap staycation seekers as island re-opens borders
Now more than ever, we believe that visitors will value our pristine beaches, uninterrupted coastal paths, unique hospitality and big spirit.
07/13/2020
Private investment funds in the BVI
The Securities and Investment Business (Amendment) Act, 2019 introduced a new supervisory regime for private investment funds in the British Virgin Islands with effect from 31 December 2019. For private investment funds existing prior to that date, the tr
07/12/2020
CSSF FAQ on protection of investors in case of NAV calculation errors and investment breaches
The purpose of the Circular is to set out the minimum rules of conduct to be followed by collective investment professionals in Luxembourg
07/10/2020
States of Guernsey approves ODPA self-funding model
This status allows the free-flow of data between the islands and the EU which is crucial to the Bailiwick’s current and future economic success.
07/10/2020
Ireland introduces central beneficial ownership register for some investment funds
The regulations for funds follow the introduction of a Central Register of Beneficial Ownership (CRBO) for companies last year, with this register overseen by the Companies Registration Office.