Managers of Wealth Offshore

Jamaica to phase out cotton banknotes by July

Central bank says denominations between 50 and 5,000 Jamaican dollars will be affected

Irish SPVs and listed SMEs to be excluded from sustainability reporting regime under proposals to streamline CSRD

The Amending Directive remains subject to scrutiny and amendment by the Parliament and the Council

Grand Court clarifies requirements for leave to proceed with a counterclaim against a company in official liquidation

Under section 97 of the Companies Act (2023 Revision), no civil proceedings may be commenced or proceeded with against a company in official liquidation except with the leave of the Grand Court.

Cayman Grand Court orders liquidations of failed crypto companies to be subject to Court supervision on grounds of improved efficacy, expedition and economy

The Group began facing regulatory challenges around mid-2020, with the Ontario Securities Commission investigating its promotion and sale of the AXIA Coin.

Proposals to introduce age discrimination in Guernsey – key points for employers

Guernsey law already includes protection from discrimination on the grounds of sex, marriage, gender reassignment, maternity and adoption leave, race, disability, carer status, sexual orientation, and religion or belief.

The Guernsey anti-money laundering regime through the lens of human rights caselaw

Failure to bring a successful private law action could result in the assets being informally frozen for years or even decades.

Age will matter - in time. Guernsey's next step in anti-discrimination law - DELAYED!

The Ordinance came into effect on 1 October 2023 and was always intended to be developed over a three phased process.

Cryptocurrency exchange hit with €1 million fine by FIAU

Regulator commends OKCoin for 'proactive approach' in remedying issues

Police warn against unlicensed money exchange dealers

The police also warned of a growing number of scams involving hacked Viber accounts, where fraudsters pose as the account holder to extort money from friends and family.

Saint Kitts and Nevis Strengthens Ties with Africa Through Landmark MOU with Warri Kingdom

“The signing of this MOU is a testament to our unwavering commitment to fostering development, cultural exchange, and business opportunities between our nations,” said Minister Duggins.

Striking differences in maze of banking fees

Smaller fees from Bank of Nova Scotia ($493) and First Global Bank ($190) contrast sharply with institutions like Citibank and CIBC Caribbean, which spare customers entirely from such charges.

Striking differences in maze of banking fees

Smaller fees from Bank of Nova Scotia ($493) and First Global Bank ($190) contrast sharply with institutions like Citibank and CIBC Caribbean, which spare customers entirely from such charges.

Ten things every VASP should know about the BVI Virtual Assets Service Providers Act, 2022

The VASP Act defines a “VASP” as a virtual asset service provider who provides, as a business, a virtual assets service and is registered to conduct one or more of the following activities

Regulatory Clarity: Bermuda’s Approach to Long-term Block Reinsurance

With Bermuda’s role as a global hub for insurance and reinsurance, these rules enhance market stability and regulatory oversight

Phase Two of virtual asset services framework in effect

The Virtual Asset Service Providers (VASP) regime has been commenced in phases, to bring into effect global regulatory standards and prudential measures

At a glance guide to Guernsey Natural Capital Funds

The Natural Capital Fund and Green Fund both predate the EU's SFDR and Taxonomy Directives, marking out Guernsey as an early adopter and leader in sustainable finance.

Entering and Exiting Bermuda for Visa-Controlled Nationals

The practical implications of these updates are that travelers whose country is listed must present an MRV for the UK, US or Canada to enter Bermuda.

Guide to Funds in Guernsey

Economic substance requirements that apply to companies now extend to partnerships.

Ogier Global secures Irish fund administration licence

With the newly acquired licence, Ogier Global is equipped to provide an expanded suite of fund administration solutions to its global clientele.

Countdown to compliance for Form PF amendments

But Form PF for the 2024 fiscal year is still due on April 30, 2025, so now is the time to prepare.

Regulation, Risk & Compliance