Managers of Wealth Offshore

BML debit card merchant fee lowered to 1 percent

MDR is a commission charged by the bank to businesses that use BML's card machines for transactions.

GFSC response to Providence Court of Appeal judgment

This case relates to a fraudulent Ponzi scheme operated by Providence in the mid-2010s.

Money market report for the week ended November 7, 2025

Information on ECB monetary operations and the domestic Treasury bill market

Guide to Banking and Finance in the Cayman Islands 2025

The Cayman Islands continues to be a jurisdiction of choice for the establishment of investment funds and other corporate vehicles

Guernsey States Finalise 2026 Budget with Key Fiscal Adjustments

Among the most significant outcomes is the decision to retain the current level of mortgage interest tax relief, a departure from the original proposal to reduce it.

Draft SFDR 2.0: change is on the horizon

It is widely expected that the European Commission will issue its formal publication of the proposals for the revision of the Sustainable Finance Disclosure Regulation (SFDR) on 19 November 2025.

What does a general partner really sign up for? Duties, liabilities and lifelines under a Cayman ELP

The GP acts on behalf of the ELP, is responsible for managing its business, and assumes a wide range of duties, both under the partnership agreement and as a matter of law.

ECCB Recognises Commercial Banks for Outstanding Performance and Service

Seven of the commercial banks that operate in the ECCU submitted 34 entries for the various awards.

BEDC launches first co-operative business policy

The policy forms part of the Government’s Economic Recovery Plan

Beneficial ownership changes for captive insurers

Bermuda is preparing for its next mutual evaluation by the Caribbean Financial Action Task Force, expected in 2026.

Money laundering risk assessment for Isle of Man banking sector published

‘I would like to personally thank colleagues from the sector who participated in its development’

CRD VI: consequences on non-EU banking institutions lending money to Luxembourg entities

The Bill explicitly excludes from such exemption situations where the non-EU company solicits the client through an entity acting on its own behalf or having close links with such non-EU company.

Immigration changes could hit Cayman jobs, Hew warns

“The revenues from financial services have been growing, but the number of people working in the industry has been declining.”

BMA’s new parametric plan to target climate and cyber protection gap

At the same time, new exposures, such as cyber threats, are widening the gap between insured and economic losses.

Financial services reforms earn ratings boost from regional body

This new assessment indicates that those efforts have been successful.

Lawmakers won’t debate immigration reform bill until December

Cayman’s MPs will consider and debate the immigration reform bill next month.

Parliament passes beneficial ownership amendments

The bill received full support from the opposition, with legislators agreeing on the need to maintain Cayman’s compliance with international standards while reducing unnecessary burdens on legitimate businesses.

FATF raises pressure on asset recovery

Interpol and the United Nations Office on Drugs and Crime have estimated that less than 1 per cent of criminal proceeds are ever confiscated.

BOJ sets 2026 launch for bank fee comparison tool, 2027 for easy switching

The platform has been approved for development

Selling inherited property in Jersey

When selling your inherited property, if there is no Will in existence or registered, you will need to ensure you provide your lawyer with the deceased’s death certificate

Regulation, Risk & Compliance