Managers of Wealth Offshore

Luxembourg: A Flexible EU Securitisation Regime

Luxembourg has long been a preferred jurisdiction for securitisation transactions with one of the more flexible frameworks in the European Union (“EU”)

Cayman Islands beneficial ownership transparency legislation 2024 has come into effect

The Cayman Islands government has confirmed that enforcement relating to the new requirements will be suspended until early next year.

AI-driven financial services compliance platform launched in Jersey

The RuleWise platform features four core modules—Insight, Quest, Resilience, and Academy

Cayman Permits Disapplication of Rule Against Perpetuities

STAR trusts have never been subject to the rule against perpetuities and that will remain the case.

Two New ILPA Templates Available For Public Comment

The QRSI project was originally undertaken to enhance quarterly reporting to limited partners

Cayman Islands exempted companies - Directors' duties and liabilities

The Cayman Islands Monetary Authority has also issued various regulatory measures which are instructive for directors of Cayman Islands regulated funds.

Cayman Islands Investment Funds: Implications of Beneficial Ownership Regime Changes

The beneficial ownership regime has now been enhanced to further demonstrate the jurisdiction’s continuous efforts in this area

Privacy and Data Protection Compliance in Bermuda

Conyers is here to assist you with privacy and data protection matters to ensure your organisation’s compliance with PIPA in advance of this deadline.

BMA licenses Meanwhile as a digital life insurer

The company this week received authorisation from the Bermuda Monetary Authority after a lengthy review process which included spending 18 months in the BMA’s regulatory sandbox.

Our people must adapt to change

Wheatley pointed out that the islands have been under significant scrutiny, with persistent allegations of corruption that have tainted the BVI’s reputation.

Is your organisation PIPA ready?

The Privacy Commissioner has been responsible for developing and maintaining Bermuda’s data privacy regime.

No enforcement for Cayman Islands’ new beneficial ownership regime until 2025

The requirement to file beneficial ownership information is suspended ‘until further notification’

Private Capital – Moving into Calmer Waters?

Small-state IFCs continue to play a pivotal role in attracting a large share of private capital cross-border business due to implementing several strategic measures

An introduction to the Cayman AML/CFT/CPF regime

Failure to comply with the requirements of Sections 2B or 2C of the PFPA is an offence

Update on changes to the beneficial ownership regime in the Cayman Islands

Many Legal Persons that were previously out of scope or exempt will now need to identify their registrable beneficial owners

Zane DeSilva calls for boycott of Butterfield Bank

He said more than 20 people had contacted him in the past six months to informally share similar experiences.

‘Rebalance’ onerous VAT dispute payment demand

Rather than paying the disputed sum in full, Mr D’Aguilar told this newspaper a more “balanced” method would be for companies to pay a percentage of the disputed VAT

Opposition finance chief blasts ‘indefensible’ bank fee increase

He accused the commercial banks of continuing to “pile on” fee increases at the same time as they are cutting back services to consumers via branch closures and such like.

Enhanced Cayman Islands beneficial ownership transparency regime now in force

The BOT Act reflects a restatement and enhancement of Cayman's beneficial ownership regime.

Regulator orders satellite internet terminals removed from shelves

It explained that the terminals, which the Cayman Compass understands retailed for around $500 in some cases, can connect to satellite networks like Starlink.

Regulation, Risk & Compliance