Managers of Wealth Offshore

Guernsey civil servants reject 5% pay rise offer

The deal was backdated to 2022, so needed be renegotiated after 2024.

Majority of small and medium companies raised prices due to wages - survey

SMEs concerned about employee shortages, unfair competition, corruption

PM urges legal capacity boost for AI and Fintech

Mr Davis said the Bahamian financial services industry is expanding to include Fintech, and both regulators and firms will need more legal professionals.

New Guernsey regulatory forum launched

The GCCF will enable members to exchange best practices, conduct research and market analyses

Fund Finance Laws and Regulations 2025: Assessing Lender Risk in Fund Finance Markets (GLI chapter)

In 2024, the market saw continued growth in the use of NAV facilities.

Our aim: Strengthening Malta’s business voice in the EU

Regulations that apply to businesses should not be viewed as obstacles but as frameworks that, when used effectively, can enhance competitiveness and open new opportunities

Corporate banking 'has improved,' stakeholders say

In 2024, more than 4,800 IBAN accounts were opened for firms

BMA: banking profits jump by $8m in third quarter of 2024

The total income for the quarter was $276.6 million, which reflects a marginal growth of 0.7 per cent, or $1.8 million, compared with the previous quarter.

Personal liability for 'playing fast and loose' with the rules for wrongful trading in Jersey

The Court agreed with the Viscount’s department that individuals “should not be able to play fast and loose with the rules

BMA to propose more transparency over life reinsurers’ investments

They also follow the launch of two consultation papers by the BMA in early December.

Securities Investment Business in the Cayman Islands

If the SIB Act applies to the activities of an entity or person then the entity or person must apply to the Cayman Islands Monetary Authority for a licence or registration under the SIB Act unless one of a limited number of exemptions applies.

Jersey real estate roundup

2024 year in review

Carey Olsen advises Soter Insure on achieving full license approval from Bermuda Monetary Authority

Obtaining this license is a significant milestone for Soter

EU sees gradual reduction in government debt, approves Malta fiscal plan

Government welcomes 'vote of confidence in Malta's fiscal administration'

GCRA publishes ruling on restrictive non-compete clauses and issues fine to MSG

Non-compete clauses, which can prevent individuals from starting new businesses or working for competitors, may stifle innovation and limit options for the community.

New rules for Privy Council appeals

The New Rules apply to all appeals filed with the JCPC on or after 2 December 2024, including applications for permission to appeal.

Deadline to register for data handling work

This helps the free flow of data between the islands and the EU, helping its economy, it said.

Electronic service of judicial documents: a game changer in legal processes

More efficient e-communication and notification procedures would expedite the service process

BMA confirms registration of 13 insurers in December

Aon Reinsurance Bermuda Ltd was registered as a broker and Euclid Mortgage Bermuda Ltd was registered as an agent.

Cayman issues 40 new international insurance licenses in 2024

Additionally, three new insurance managers were licensed during 2024.

Regulation, Risk & Compliance