Managers of Wealth Offshore

BOJ weighs inflation surge against weak demand in rate decision

This pattern aligns with the central bank’s November forecast that “the economy is projected to contract significantly” due to the hurricane.

Trusts Jersey Law: Once, twice…eighth time amended

This amendment is prospective in its effect only, meaning that while it will apply to any trust created before or after the amendment, the effect on the order of priorities will only impact prospectively.

Amendments to the Cayman Islands Common Reporting Standard Regulations

These amendments have been introduced to align the Cayman Islands CRS regime with amendments to the CRS adopted by the OECD in August 2022 (CRS 2.0).

Cayman aims for US reinsurance recognition

Reinsurance is one of the rising stars of Cayman’s financial services.

Parliament approves telecoms licence fee rule updates

This later saw telecoms companies Flow and Digicel file lawsuits against the office seeking a refund for license and royalty fees.

IMF says Bahamas economy to close 2025 with 2.8 percent growth amid elevated debt

The Fund reported that real GDP growth was robust during the first half of 2025 and is expected to decelerate modestly next year, before easing toward the economy’s estimated potential growth rate of about 1.5 percent over the medium term.

HSBC announces further parental support for colleagues across Channel Islands and Isle of Man

Additionally, the Bank has announced updates to their existing Parental Leave Policy, extending the benefits available in Jersey, to all colleagues across the islands to ensure a consistent approach, regardless of location.

Government pays €261 million in interest alone to finance its debts

Spending on debt servicing diverts funds from investment, social welfare - Auditor General

Irish Revenue Updates Guidance on Territorial Scope of VAT Groups

The change is particularly relevant to businesses in the financial services sector, which often have limited ability to recover input VAT.

Guide to Workplace Investigations in Guernsey (International Employment Lawyer)

Investigation findings can be shared with relevant internal stakeholders albeit on a strictly need-to-know basis.

Financial sector undergoes additional governance changes

These changes will result in JMMBGL’s board moving from 15 to 10 directors

Guernsey regulator launches Digital Asset Consultation Paper

The Consultation also explores how businesses can use technology to enhance financial crime compliance.

Central Bank proposes $10,000 check cap

Amending the Bills of Exchange and Payment Systems Act to eliminate the references to checks entirely, as well as amending the Payment Systems Act

Guernsey Private Investment Funds: 2025 updates

The new Private Investment Funds Rules, 2025 (New PIF Rules) consolidate two of the previous routes to PIF registration

ICC hands over first branded Cayman Islands Building Code

This branded code represents the first Cayman-specific edition produced in collaboration with the ICC and tailored to meet modern, international standards and local conditions.

The global evolution of payments: why legal architecture matters more than ever

Their conversation focused on the global evolution of payments.

Cayman to implement new digital currency reporting rules

Any crypto-asset service providers that fall within the scope of the Crypto-Asset Reporting Framework must now send information on their customers’ transactions

Central Bank revives cheque-reduction push with proposed legislative overhaul

Their findings prompted the Central Bank to establish a Steering Committee of key stakeholders

Securing first court approval for distribution to unsecured creditors

We acted for the Joint Administrators in this matter.

Bermuda extends moratorium on new work permits until February 28

Individuals looking to increase their skill sets and employability are always encouraged to register

Regulation, Risk & Compliance