11/17/2023
New crypto-assets regulation discussed at MFSA conference
500 participants from over 25 European supervisory authorities
Regulation, Risk & Compliance
11/16/2023
TCFD reporting for private capital firms
Private capital has an important role to play in the transition to a greener future and helping plug this evident investment gap.
11/15/2023
Government delivering over $1.5 billion in new projects for Grand Bahamians says PM
Prime Minister Davis remembered Wilchcombe as “a true statesman with a heart for the people.
11/15/2023
LMA Guide to Sustainability-Linked Leveraged Loans
This follows revisions to the Sustainability-Linked Loan Principles ("SLLPs") in February 2023.
11/14/2023
Money market report for the week ended November 10, 2023
Information on ECB monetary operations and domestic Treasury bill market
11/14/2023
Data Protection for Cayman Islands investment funds
Where a data controller engages a third party (such as an administrator or investment manager) to process personal data on its behalf, the data controller must ensure the third party complies with the eight data protection principles.
11/14/2023
Collas Crill Advocates admitted to Guernsey Bar
Before joining Collas Crill Amy spent two years specialising in financial crime prevention at a private bank.
11/14/2023
Bahamas Government proposes Legislative Measures for Environment and Natural Resources
There will be a defined royalty framework to ensure that Bahamians benefit from this valuable resource.
11/14/2023
Authorities respond to IMF concern over Bermuda life reinsurers
The report said: “This arrangement allows private equity firms to issue insurance products, reinsure them and manage the premiums while limiting the ability of regulators to monitor them.”
11/14/2023
International recognition for Bailiwick Data Protection Commissioner
It recognises her distinguished career and the huge contribution she has made to data protection in the Channel Islands and beyond.
11/14/2023
Re/insurers urged to be more ambitious in meeting demand for coverage
“We also heard a lot about the rapid evolution of the risk environment – and how sustainability, economic, geopolitical and social risks are all becoming more correlated.
11/13/2023
Reserving powers under Guernsey Trusts Law
The person to whom powers have been reserved are often referred to as a protector
11/10/2023
ArawakX hits out at regulator’s top exec over “ill advised” conversations with BOB
BOB had frozen access to the crowdfunding platform’s accounts on October 31, 2022
11/10/2023
Paperless Listing Regime and Mandatory Electronic Dissemination of Corporate Communications: Impact on Bermuda, Cayman Islands and British Virgin Islands listed issuers
In respect of communications by means of a website, a holder is only deemed to have given consent that the issuer may send communications by means of a website in limited circumstances.
11/08/2023
Income over £80k won't be taxed at 22%
This concern was shared by Deputy Dave Mahoney from Policy and Resources who said that neighbouring jurisdictions would be "rubbing their hands together with glee" as they listened in to the debate.
11/07/2023
Consultants: new BMA standards should be embraced
The BMA papers focus on enhancing the regulatory regime for the long term business of life insurers and reinsurers.
11/07/2023
Walkers acts as Cayman Islands counsel to Tabby on its US$200 million series D equity financing
The company has 10 million users and works with over 30,000 brands, including 10 of the largest retail groups in the MENA region.
11/07/2023
Competition Authority fines JT for network failure
The Authority’s Final Decision and the Penalty Order has been published on its website.
11/02/2023
Regulatory Insights: How Recent Changes Impact Cayman Islands Funds
A total of 150 attendees participated, both online and in-person
11/02/2023
Update to the Probate (Jersey) Law 1998 - Probate (Amendment) (Jersey) Law (The PJL)
The Amendment provides for new arrangements relating to the management of movable estate