11/17/2020
The academic achievements of the Institute’s members and students were also celebrated at the Guernsey Branch Annual Dinner and Awards
11/17/2020
Appleby Acted as Bermuda Counsel for Chaucer
Appleby’s specialist Insurance & Reinsurance team provides advice on the establishment, regulatory compliance and business operations of (re)insurance companies, as well as advising (re)insurance managers and brokers based in international juris
11/16/2020
Headquartered in Jersey, JTC listed on the Main Market of the LSE in March 2018
11/16/2020
As applications can include spouses and children, the total number of people included in current applications is 70.
11/15/2020
The CRS and FATCA Amendment Regulations 2020* amended the annual reporting deadline for CRS and FATCA to 31 July in each year.
11/15/2020
Cayman is expected to remain a premier global tax-neutral financial hub.
11/15/2020
Our previous article dated 24 April 2020 summarises industry advice released by the Department for International Tax Cooperation on 16 April 2020.
11/13/2020
The bank is headquartered in the Cayman Islands and, at the outset, offered private banking services for family offices, institutional clients and high-net-worth individuals.
11/13/2020
The Central Bank of Ireland recently issued an anti-money laundering advisory note highlighting how Irish regulated firms can improve their monitoring of customer transactions to detect potentially suspicious activity.
11/13/2020
Irish Fund Management Companies: Time to Get Serious About Substance & Oversight
It is this commitment to the sustainable growth of the industry that requires the stakeholders to continually critically review the model to ensure it exceeds international best practice and maintains Ireland’s position as a Gold Standard jurisdicti
11/13/2020
Spotlight Report – Emerging themes in our funds markets
Aside from COVID-19, Brexit lingers as a significant force impacting the global funds market, particularly the EU.
11/13/2020
Privy Council approves constitutional changes
Under the amended Constitution, the Cayman Islands will become the third British Overseas Territory to have a legislative body known as Parliament.
11/13/2020
The CIWMA intends to liaise with local and international industry associations and build alliances with bodies such as the Personal Finance Society, the Chartered Institute of Security and Investment and the Institute of Directors.
11/12/2020
The court approved of the release of debt owed by primary obligors which were not themselves subject to the scheme – provided that there is a "sufficient nexus" between the guarantee liabilities and the primary obligations.
11/12/2020
Information Notice has brought clarity to industry's questions over investment into cannabis assets by Guernsey structures
The position taken by the States of Guernsey in relation to cannabis investment follows the approval by the Assembly in June 2019 that businesses can grow and process cannabis in Guernsey for medicinal uses.
11/11/2020
The Bailiwick of Guernsey’s movement was possibly easier than some, given that the move was not much more than a shift from de facto to de jure requirements on substance.
11/10/2020
Bill To Create Bermuda National Digital Bank
The reform of banking laws will increase competition in this sector, introducing new classes of banks to Bermuda to boost the economy, and harmonising the Bermuda base rate charged by local banks while working with these banks to reduce the interest rates
11/10/2020
Whether or not this has fully sunk in, the Channel Islands regulators and international standards setters have certainly grasped it.
11/10/2020
In a September 2019 analysis, the EU found Cayman’s framework for funds was inadequate in three of the four pillars and that there was not enough information to assess the remaining one relating to supervision and enforcement.
11/10/2020
Some members were also worried that government might not listen to the industry’s concerns, regardless of the consultation.