Managers of Wealth Offshore

Davies offers regulatory advisory services to captives in Bermuda

Davies has partnerships with more than 500 insurance, highly regulated and global businesses from its operating bases in the UK, Bermuda, Ireland, the US and Canada.

US Poised To Crack Down On Anonymous Shell Companies

The United States is one step closer to putting an end to anonymous shell companies with the Corporate Transparency Act passing the House of Representatives.

Guernsey funds consultancy launches US joint venture

Christopher Jehan, Managing Director of Midshore Guernsey, said: "Our American joint venture aims to feed more US-sourced work into the island, utilising both our services and those of the local financial services sector.

Bermuda Amends Licensing Regime for Digital Assets Businesses

The DABA Amendment Act is intended to ensure that Bermuda remains a leading jurisdiction in the regulation of digital assets

Financial Crime Risks in Malta

European authorities have required the Maltese government to strengthen its regulatory frameworks and comply with European Union (EU) law.

Bermuda Tables Incorporated Segregated Accounts Companies Act 2019

ISACs will be governed by the requirements of the Companies Act 1981 (except where otherwise provided in the ISAC law) and licensed and regulated appropriately as an insurer or a fund.

BMA proposes fee changes for service providers

The BMA proposes annual fees payable by both limited and unlimited licencees according to a fee-band based on the number of entities serves.

Cayman Islands Regulatory Update: Q4 2019

The Regulatory Update provides a snapshot of some of the key legal developments in the Cayman Islands over the Summer of 2019.

Kingate Funds obtain Chapter 15 recognition

The Mourant team also worked closely with Robert Loigman, Scott Shelley and Lindsay Weber, of Quinn Emanuel Urquhart & Sullivan LLP, on obtaining Chapter 15 recognition.

Irish Finance Bill 2019 - Update for International Investors

The Irish Finance Bill 2019 was published on 17 October 2019 and contains a series of legislative tax measures.

New tax change in Luxembourg on advanced rulings granted before 1 January 2015

In recent years, when the tax administration tried to deny the application of a tax ruling, the Luxembourg courts have consistently applied the "Collart test" in order to assess if the tax authorities were bound by the agreement given.

FATF keeps Panama and Bahamas on the grey list and adds Iceland

The global body said Panama had taken steps to improve its cooperation in the fight against money laundering, but that it needs to do more to be removed from the grey list.

Collas Crill Explains....Continuing a Company to Jersey

In Jersey, the process by which a company changes its nationality or place of incorporation is called a continuance.

Guernsey continues to develop China’s captive market

Another distinguishing factor is the existing co-operation agreements between Guernsey and China.”

Reinsurers failing to help insurers manage cyber exposures, warns Hiscox Re

Page called for more capital efficient products to ensure insurers can keep up with demand for cyber coverage, calling on ILS investors to step up - and quickly.

First Central Group repeats MoneyAge win

The MoneyAge Awards celebrate excellence, professionalism and innovation in the personal finance space.

UK extends WTO membership to Channel Islands

As Crown Dependencies, under international law they are territories for which the UK is responsible

Isle of Man VAT Report Published

The Isle of Man Government invited HM Treasury to carry out a review of its VAT rules

British Virgin Islands: Economic substance rules published

The ESA imposes economic substance requirements on BVI companies and limited partnerships with legal personality that are engaged in “relevant activities,” unless they are considered nonresident for the purposes of the ESA.

Jersey Finance launches New York office

The launch event, held at The Peninsula New York on 16 October

Regulation, Risk & Compliance