Managers of Wealth Offshore

The Commission releases Two New FAQs regarding the provision of Signatures:

The Commission has received a number of enquiries from licensees who are working, with limited IT capacity, from home.

COVID-19: Audi, McDonald’s And Other Brands Redesign Logo To Promote ‘social Distancing’

Meanwhile, several corporate brands have come up with innovative ideas to promote the message of social distancing at the time of the public health crisis.

Extensions Given for Annual Returns and Economic Substance Notifications

Due to the circumstances, the Cayman Islands Government is considering a number of ways and has taken a number of initiatives to ensure that ‘business as usual’ can continue in these unusual times.

Update on Extensions to Cayman Islands Filing Deadlines and Other Measures

The extension will apply to all companies, including limited liability companies and foundation companies.

Government of Jersey - Stay at Home Order - Essential workers in Financial Services

Please note these essential workers arrangements do not apply to all financial services sectors.

Directors Duties

Licensed entities are of course subject to the law

Cayman Islands Financial Services Industry shows its resilience during COVID-19 National Measures

Mr Scott urged member firms and their employees to comply with the measures announced by the Government.

The Royal Court recognises Canadian 'debtor in possession' bankruptcy orders over a Jersey company

It is the first time that such Canadian proceedings have been recognised in Jersey.

The Continued Use of Oddshore SPVS for Sukuk Issuances

More and more issuers from other GCC countries are entering the international debt capital markets through the issuance of Sukuk.

Amendments Made to the Malta Retirement Programme, Global Residence Ptogramme, Residence Programme and the United Nationas Pensions Programmes Rules

This Legal Notice specifies that such household staff must be in an employment relationship with the beneficiary

COVID-19: Directors Need To Avoid Getting Caught Flat-Footed

In these challenging and unsettling times directors must remain mindful of ensuring they continue to comply with their common law fiduciary and statutory duties

Jersey Chamber of Commerce fires attack at Chief Minister

Since then there has been absolutely no practical change in the situation; not a single pound has yet been released to help employees keep their jobs.

COVID-19: FCA expectations on financial resilience for FCA solo-regulated firms

The FCA has announced that it will delay the publication of the directory of certified and assessed persons, which was due to be published by the end of March, for at least a month.

Offshore Business Update: Seychelles

For good standing of a company one may rely on a Director’s Certificate or Certificate of Incumbency issued by the Company Secretary or Registered Agent, if available and at client’s own risk.

Offshore Business Update: Bermuda

In addition we will also provide updates of any other temporary regulatory measures in place that might affect any ‘business as usual’ processes.

Offshore Business Update: Mauritius

Passengers who wish to leave the Mauritian territories are advised to contact their respective travel agencies or airline companies for flight re-scheduling.

Offshore Business Update: British Virgins Island

In this update, we will provide a rolling overview of how the authorities in the British Virgin Islands are continuing to respond to the evolving global COVID 19 pandemic.

BAHAMAS: Deferral of Loan Payments for Borrowers Displaced by COVID-19 Pandemic

Some financial institutions have already announced credit support that could extend beyond three months.

Harneys Cyprus continues to be highly ranked by Chambers Europe

A source said the lawyers are “very helpful and proactive,” before going on to note that they provide “comprehensive advice.” Another source said the team is “knowledgeable, responsive and business-oriented.”

Update on the Operation of the BVI Corporate Registry

This enables us to deliver high-quality work for our clients whilst prioritising the safety and well-being of our people.

Regulation, Risk & Compliance