06/05/2025
As the regulator for the island's financial services sector, the Bermuda Monetary Authority has established tailored regulatory frameworks that provide high assurance that the island will continue to meet policyholder needs responsibly.
06/04/2025
Members of the opposition recently implied that the deficit prediction is not necessarily genuine, as there is plenty of time for the government to work on reducing spending or increasing revenue.
06/04/2025
OfReg has argued that its decision was not a rejection of solar but about fairness and the terms of the licence.
06/04/2025
With this authorisation, the firm can now offer its full suite of card issuance and payment services throughout the EU under a single, respected regulatory framework.
06/04/2025
These developments coincided with a notable contraction in foreign currency outflows related to current account transactions.
06/03/2025
“It’s a massive tax on investment, masked as reform, and the Prime Minister said nothing about it in his Budget Communication.”
06/02/2025
The Registry General’s Department has secured funding to overhaul its software and is preparing for the legislation’s official commencement on July 1.
06/02/2025
The BMA ended the year with 1,239 registered insurers and 36 licensed digital asset businesses, up 50 per cent from 2023.
06/02/2025
Enforcement of securities through the use of these remedies does, however, leave the company with the equity of redemption.
05/30/2025
IoM compliance analyst wins International Compliance Association Outstanding Achievement Award in Anti Money Laundering.
05/30/2025
The Virtual Asset Service Providers Amendment Bill aims to clarify the treatment of tokenised investment funds
05/30/2025
The most common form of entities used for Cayman closed-ended fund structures are exempted limited partnerships
05/30/2025
The Cayman Court must be convinced that it is just and convenient to grant the injunction.
05/29/2025
They also approved, under the Public Management and Finance Act, a $300,000 decrease in the budget for Pension Uplift
05/28/2025
Any new board appointees thus should submit any registration under the Act as soon as possible via CIMA’s dedicated webpage.
05/28/2025
Greater flexibility for Guernsey PIF regime with updated rules
The enhancements continue the GFSC’s commitment to regulatory and product innovation, providing a proportionate regime for funds targeting all forms of sophisticated investors.
05/28/2025
A ‘merger’ is where the assets, rights, obligations and liabilities of two or more companies are assumed by one of those entities
05/27/2025
In each case, the definition does not include a foreign entity registered under the applicable Cayman Islands legislation.
05/27/2025
The Bill introduces a new section 49A allowing arbitral tribunals to appoint representatives or arbitration guardians for minors, unborn persons, or persons under a disability.
05/27/2025
One in eight firms in the US, including giants Walmart, Google and IBM, plan to either cancel or reduce funding for DEI this year.