Managers of Wealth Offshore

Time for a rethink on what a quality flag really is…

Captain Hutchinson further added: “Our Owners, their Managers and crew onboard their ships demonstrate the best values seen in the shipping industry.

Electronic signatures in the Cayman Islands

The ETL provides that, subject to certain requirements, contracts will not be excluded from having full legal effect by virtue of their execution with an electronic signature.

BVI ITA list of CRS Reportable and Participating Jurisdictions gazetted

Participating jurisdictions under the CRS are those jurisdictions that have committed to implement the CRS and are able to enforce reporting by its financial institution.

Entities now able to act as PPOC and AP and CIMA licensee may act as both

The updated institutional user guide was published by the TIA on its website on 17 March 2020.

COVID-19: introduction of practical regulation and considerations in Luxembourg

This reaffirms the importance of providing regulatory reporting in a timely manner, extending the filing of annual financial statements and insisting on the importance for supervised entities to provide virtual or remote access to their employees.

SANNE announce new client win

This collaboration is representative of the continued efforts of SANNE to maintain a leading position within the Africa-centric hub.

Simple structures and practices can help staff working remotely

COVID-19 is inevitably affecting not only the physical health of many but also their mental health, with many feeling anxious and fearful about a situation that they are unable to control.

JFSC Expectations on Business Continuity

It is more than likely that you will not be able to meet your customers face-to-face to obtain their original identity documents.

Jersey Cash Box Structures: A Fast Route to Funding

It is no surprise, as a result of the wider economic unpredictability arising from COVID-19, that listed companies requiring urgent access to capital are turning their attention back to Jersey cash box structures.

Charities Registration and Regulation Act 2019

Every registered charity (even small charities) must now have a written governing instrument and the Attorney General must give prior written consent to any amendment to the written instrument (unless it is a foreign charity).

Global Forum: Switzerland scores well

The report was published on 6 April 2020. It noted significant improvements, in particular as regards bearer shares and the efficiency of information exchange in practice.

How has the Coronavirus shaped succession planning trends in Latin America?

Some of the subtler considerations around succession planning in light of the current economic situation is a founder’s desire to position a business strongly.

First 'hardship' payments due this week

So far over 2,300 businesses have registered for support and each of these business has now received an application form which many have already returned to us.

Economic Policies for the COVID-19 War

In a war, massive spending on armaments stimulates economic activity and special provisions ensure essential services. In this crisis, things are more complicated, but a common feature is an increased role for the public sector.

CAYMAN ISLANDS: Businesses still causing curfew trouble

Speaking at the daily press briefing to update the community on the situation with COVID-19, he dismissed concerns that government was planning another full lockdown and round-the-clock curfew because of the impracticalities.

Cross border insolvency – what assistance can Jersey give? A recent example

Here we examine the assistance that the Royal Court can give to foreign insolvency officials and examine the dynamic and flexible approach that it adopted in the recent case of Lydian Investments Limited [2020] JRC 049.

MFSA Circular To The Financial Services Industry In Relation To The MFSA's Authorisation Process

The first point of contact for applications remains, at all times, with the respective MFSA officials processing the application, and applicants needing a follow up on their applications, are required to liaise directly with the relevant MFSA officials.

Regulation, Risk & Compliance