Managers of Wealth Offshore

Serious regulatory contraventions for Jersey Post, but zero fine

The JFSC has issued a public statement outlining the findings of its investigation.

CRS comprehensive reviews in the Cayman Islands – How to get ahead

DITC announced that they will shortly commence a programme of comprehensive reviews which will involve testing compliance by Cayman Islands FIs

Central Bank forecasts ‘subdued’ economic growth

In addition, foreign investments support sustained construction activity and, along with tourism, drive employment growth.

TISEA publishes new Specialist Companies Listing Rules

The new Specialist Companies Listing Rules are streamlined and more flexible than the existing Equity Market Listing Rules, with simplified initial application, disclosure and continuing obligation requirements.

Insurance M&A: Bermuda’s change of control requirements

The BMA maintains supervision over the controllers of all registered insurers in Bermuda, including shareholder controllers.

Capital International Group completes acquisition of Martello Asset Management

The acquisition will increase the Group’s market presence and broaden its portfolio of services across Jersey and beyond.

CIMA announces leadership title changes

These changes are intended to align with international best practices and to further strengthen the Authority’s operational framework, CIMA said

Know Your Ongoing Bermuda AML/ATF Compliance Requirements

Compliance with Bermuda’s AML/ATF legal and regulatory framework requires registrants to adopt policies and procedures designed to prevent and detect money laundering

Football club founder banned by finance regulator

The ban means Mr Dewsnip will not be able to perform any function for Guernsey-based regulated companies such as investment funds, insurance firms or banks - but is not prevented from performing his current role.

Ambassador of Saint Kitts And Nevis To The United States Signs MOU With Liamuiga Oualie Arts Foundation

This MOU represents a supportive framework for higher education for young Kittitians and Nevisians

Guernsey investment funds show growth in 2024

This represents an increase of £6.9 billion (2.9%) and £2.8 billion (5.7%) respectively in the past year.

Dealing with consumer protection investigations from the Irish CCPC

Under regulation 5A of the 2022 regulations, retailers, when making a price reduction announcement, whether online or instore

Important changes to the BVI companies law

The changes are being made to ensure that the BVI meets evolving international standards and to maintain the reputation of the BVI as a leading offshore finance centre.

Cyber & IT Security Law and Regulation Guide 2025: Bermuda

The Cybersecurity Operation Centre will be established as the governmental resource to provide the technology and other resources necessary to support the National Cybersecurity Unit

Augmented Advocacy Series (Bermuda): PIPA and Anonymisation

Under PIPA personal information (PI) means any information about an identified or identifiable individual.

Bid to extend pause in withdrawal of local mortgage interest relief

This move would impact around 6,000 individuals, reducing tax revenues by £1m.

What steps should a Cayman fund take to comply with the new Cayman beneficial ownership regime?

Subscription documents should be updated to include details of registered particulars of investors

Money market report for the week ended October 25, 2024

Information on ECB monetary operations and the domestic Treasury bill market

Cayman Islands appointed one of two first-ever FATF guest members

The objective is to increase the voice of countries from regions that are underrepresented at the FATF membership level and enrich FATF policymaking and risk understanding through sharing regional perspectives.

Cayman Islands private client structures and beneficial ownership - changes of note

As a consequence of the New BO Regime a wider class of Cayman Islands entities will fall within scope of the reporting obligations.

Regulation, Risk & Compliance