Managers of Wealth Offshore

Prepare for the Cayman Islands Monetary Authority’s (CIMA) anti-money laundering (AML) audit requirements

What fund managers and advisers need to do

CIMA spells out new anti-money laundering audit requirements

The new rule does not mean every regulated entity must conduct an audit simply because the rule took effect, the authority said.

Explainer: What is a sovereign wealth fund?

But this does not mean Cayman is about to establish a fund or immediately transfer government money into one.

SVB Recovers Improper Healthcare Payments After Investigations Reveal Billing Irregularities

One practice identified by investigators involved healthcare providers officially registered with SVB submitting invoices for treatment that had actually been provided by people who were not registered with the agency.

Ex-AG: Centralise regulation through Compliance Authority

He warned that the existing fragmented system is placing unnecessary pressure on both regulators and the private sector.

Government explores Cayman sovereign wealth fund

“A period of economic and fiscal strength is an opportunity to save for the future.”

ECCB’s Chief Director of Policy on the expected impact of the new Office of Financial Conduct

The OFC will operate as an internal department within the ECCB

Antigua and Barbuda Wants a United OECS to Combat External Threats

Greene said that the OECS must expand trade in goods and services among themselves

Regulatory arbitrage a ‘gaping hole’, warns Apollo CEO

Mr Rowan said he believed the National Association of Insurance Commissioners, the US standard-setting body, was aware of the issue.

A balancing act for central banks

The Bank of England’s Monetary Policy Committee voted six to three to leave interest rates unchanged at 3.75%.

BMA proposes framework for failing insurers

The proposal is an early step.

Guernsey strengthens support for finance sector innovation and growth

The Concierge role commenced on 1 August 2026 and provides a single point of contact for businesses, investors and advisers considering Guernsey at an early stage.

NCB under investigation as pensions and salaries go unpaid

Subcontractors have also told the Compass they are owed substantial sums for work carried out on NCB-related developments.

Ireland Update: The Cyber Resilience Act

The National Cyber Security Centre interprets PDEs broadly as any product that can connect to a device or network

CBCS Changes Deposit Program to Keep More Bank Liquidity Within Curaçao-Sint Maarten Monetary Union

The program also provides banks with an alternative for keeping part of their available liquidity within the Curaçao-Sint Maarten monetary union instead of investing those funds abroad.

FATF warns hawala networks evolving into professional laundering systems

Underground banking systems are no longer loosely organised operations trading on trust and personal relationships.

Government repayment of T-bill unrelated to BML, bank says

BML said it had not provided funds or USD liquidity for the repayment and that the transaction had no effect on its financial position.

Pensions department clarifies legislation for workers and retirees

The guidance also addresses student interns and part-time workers.

Butterfield’s shareholders clear the path for CIBC Caribbean deal

They also authorised the board’s Audit Committee to determine the auditor’s remuneration.

Looming retirement crisis sparks push for pensions reform

The age at which people can start collecting their pension could also be pushed back from 65.

Regulation, Risk & Compliance