Managers of Wealth Offshore

Electronic verification in the face of isolation

Guernsey firms will be acutely aware of the recent changes to Guernsey regulatory framework

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.

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.

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.

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.

Mauritius: Competition Commission clarifies application of competition law rules during the Coronavirus (COVID-19) crisis

According to the CCM, the Act also does not prevent suppliers from setting maximum prices for their products with a view to limit unjustified price increases at retail level.

BMA confirms eight new re/insurance registrations in March

The BMA said there were seven insurance applications reviewed in March, one of which was deferred from February 2020.

India’s Central Government specifies Mauritius as an eligible country for “Category 1 foreign portfolio investor”

This initiative further strengthens the investment flow into India from Mauritius as a preferred route for investors with its robust and credible International Finance Centre.

Mauritius based funds eligible for registration as Category I FPI

Mauritius based funds eligible for registration as Category I Foreign Portfolio Investor (FPI) with Securities and Exchange Board of India (SEBI)

Appleby Advises GLP's Strategic Investment with China Merchants Group

The team conducted extensive due diligence and issued reports and legal opinions on various Cayman Islands and BVI entities within the CMG group.

The Future of International Fund Domiciliation

Current patterns of fund domiciliation were established some time ago.

Bermuda's Investment Funds Rules and Offering Documents

In addition to changes to the IFA, changes have been made to the rules which were previously promulgated thereunder.

Malta seeks US help as money laundering reforms deadline looms

But the US has its own 'wish list' for Malta

Failure to fight money-laundering ‘could threaten financial stability’ - IMF

COVID-19 challenges ‘significant’

Insolvency of Guernsey Companies

This article has been written to take into account the legislative changes which will be enacted by the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020

British Virgins Islands- Voluntary Liquidations For First Half Year Companies

It is time to start planning the liquidation of those entities that have reached the end of their life cycle, to ensure that unnecessary Registry fees are not incurred.

Banks announce limited opening hours

Services available are cheque cashing, cheque deposits, cash deposits through No-Wait Deposit depository, card collection, and statement production.

COVID-19: Assistance for Cyprus Companies

Payment of overdue Social Contributions (including Social Insurance Contributions) for the months of March and April 2020 is suspended and the repayment period is extended by two (2) months

Malta’s FIAU sees spike in reports about suspicious activity

According to the last FIAU annual report, banks and remote gaming companies reported the most suspicious activity among their clients.

Jurisdictions move towards full implementation of standards for financial market infrastructures

The CPMI and IOSCO encourage jurisdictions to continue to adopt measures that will enable them to fully implement the PFMI.

Regulation, Risk & Compliance