Managers of Wealth Offshore

Financial Services Authority sets out its strategic plans

The strategy, which has been shaped by feedback from Island firms to the 2023 industry survey

RA’s extended deadline for IRP comment nears

The regulatory body said it will also hold as many meetings as it deems necessary with the proponent of each alternative proposal

Pipa and anonymisation

Ligaya Sanchez-Wilson, Akira McDonald, Legally Speaking

Millbak Limited and Citrus Capital Global Limited

Therefore, any claims made by Millbak or Citrus Capital that any of the Jersey Registered Companies are regulated by the JFSC are false.

Bermuda regulatory update Q3 2024

This regulatory update outlines the latest sanctions imposed, amendments to investment business legislation

Litigation Against Decentralised Autonomous Organisations (DAOs): Navigating the Legal Frontier

Litigating against decentralised autonomous organisations presents novel challenges that test the boundaries of existing legal frameworks.

Meet 'Reggie' in beta - our AI-powered regulatory chatbot

The chatbot currently uses the regulatory codes of practice and the anti-money laundering, countering terrorist financing and countering proliferation financing handbook as its source material.

At a glance guide to Ogier Global Cayman Islands beneficial ownership reporting

Our team is comprised of industry specific experts to ensure we speak our clients' language and offer unique industry insights.

Jersey parliament adopts legislation to implement Pillar 2 from 2025

Jersey’s MCIT applies the OECD Model Rules and takes account of certain instances of double taxation.

A guide to non-charitable Purpose Trusts in Jersey

The purposes for which trusts are established must also be consistent with public policy and not contrary to the law of Jersey.

Mourant Luxembourg expansion to offer broader range of corporate and fund administration services

Services include, but are not limited to, domiciliation, corporate structuring, fund administration, fund accounting and tax compliance support.

Dollar-starved Maldives notifies new foreign currency rules

The Foreign Currency Regulation (Regulation No: 2024/R-91) mandates that all transactions within Maldives must be conducted in Maldivian Rufiyaa (MVR), except for those explicitly allowed in foreign currency.

STAR Trusts in the Cayman Islands

The STAR Acts only apply where the trust instrument expressly states that they are to apply.

Jersey Finance funds for 2025 cut by £400K

Deputy Ian Gorst, who has responsibility for financial services, was addressing a Scrutiny panel looking into the proposed government Budget for 2025 to 2028.

Luxembourg Business Register - new requirements for private individuals

If the individual already has an LNIN: This number must be provided during the filing process.

BMA warns about fraudulent website

The authority has issued a public warning about the fraudulent website, Stillman Crypto Brazil, which has erroneously claimed that it has headquarters in Bermuda.

Bermuda can help to fill retirement protection gap, says Mais

The life insurance industry newsletter reported Mais noted at a conference panel about cross-border reinsurance that every NAIC president chooses a theme.

BMA registers seven new insurers

Eight new insurance applications were reviewed in September by the Insurance Assessment and Licensing Committee, all of which were approved.

Bermuda Monetary Authority initiates consultation on proposed changes to Bermuda’s digital asset business regime

The proposed amendments aim to enhance the BMA’s administrative, rule-making and enforcement powers, refine definitions used in the Act and amend annual reporting requirements.

Budget proposals for a stronger, more sustainable economy

Malta Chamber of SMEs stresses growing sense of unease in business community

Regulation, Risk & Compliance