04/22/2020
Continuing obligations for Cayman Islands mutual funds
Every entity incorporated or registered in the Cayman Islands will be required to notify the Cayman Islands Tax Information Authority
Regulation, Risk & Compliance
04/21/2020
Cayman extends FATCA filing deadline once more
The Cayman Islands government has confirmed it is working to support the industry to meet its CRS filing obligations.
04/21/2020
Financial Services Industry Workers Can Return to Office on Monday 20th April with Restrictions
More than 90 industry practitioners joined the Zoom call
04/21/2020
Restructuring and Corporate Recovery measures: a jurisdictional comparison
In the context of what is anticipated to be a difficult economic environment for many in the coming months
04/21/2020
Trade and business licensing fees temporarily waived
The Ministry of Commerce, Planning and Infrastructure recently announced relief measures for micro- and small businesses totalling $14.5 million.
04/21/2020
Restructuring and Corporate Recovery measures in Jersey – April 2020
The JFSC have confirmed that while their physical premises are closed, a flexible business continuity strategy is being implemented and they intend to take a pragmatic approach when dealing with filings, submissions and responding to clients (with the vas
04/20/2020
Guernsey Lock down restrictions: phased resumption of business activity
This move will need to be carefully planned and communicated to ensure suitable public health guidance is available to employers so those who do choose to have employees on site can do so safely.
04/20/2020
Cayman CRS Compliance Form Released and FATCA Deadline Extended
The DITC has further advised that the FATCA reporting deadline for the 2019 reporting period has now been extended to 16 November 2020.
04/17/2020
Covid-19 - Charity AGM Restrictions in the Isle of Man
The Attorney General has agreed that any charity which is required to hold its AGM before the end of April and is prevented from doing so due to the COVID-19 outbreak
04/17/2020
Planning personal wealth under economic globalization
Wealth planning ideas such as global asset allocation, foreign wealth management and offshore trusts, once exclusive to the rich, are now widely distributed among the mass affluent.
04/17/2020
St. Kitts and Nevis Moves Up Global Passport Ranking Again
St. Kitts and Nevis has jumped up by one place since the beginning of 2020, when the ranking was last updated.
04/16/2020
Mauritius welcomes new relaxed norms for FPIs
Under the new regulation, even the unregulated funds whose investment manager is appropriately regulated and registered as a Category-I FPIs can operate from India if their investment managers take the responsibility for all commissions or omissions of su
04/16/2020
Collateralised Insurer Class Lets ILS Funds Target Broader Cedent Base
Bermuda’s latest addition to its insurance-linked securities (ILS) offering is the much discussed Collateralised Insurer classification of company, which partner Brad Adderley, recently explained will enable ILS funds to target a broader range of ce
04/16/2020
British Virgin Islands Jurisdictional Guide for Covid-19
This guide provides an overview of the financial support on offer to businesses in the BVI.
04/16/2020
Covid-19: Temporary Amendment of Residential Tenancy Legislation in Jersey
As stated in the Report which accompanied the draft Regulations when they were put before the States Assembly (sitting virtually) for approval, the Regulations are designed to sustain residential tenancies and protect tenants
04/16/2020
Electronic verification in the face of isolation
Guernsey firms will be acutely aware of the recent changes to Guernsey regulatory framework
04/16/2020
Restrictions relaxed in Sark and Alderney
The propositions were approved by Public Health after careful consideration, as a form of "pilot transition" from firm lockdown.
04/15/2020
BDO launches Guernsey actuarial practice
Insurance is such a vital sector in the island and we wanted to offer our financial services expertise into a specialist growth area.
04/15/2020
Covid-19 Cayman Islands Update: Additional Financial Services Concessions
The Cayman Islands Ministry of Financial Services and CIMA introduced additional policy concessions and filing extensions.
04/15/2020
Bermuda's Investment Funds Rules And Offering Documents
The first set of rules, which are the Investment Fund Offering Document Rules 2019, were made in relation to the issuance and contents of offering documents.