Managers of Wealth Offshore

URCA releases consultation document for 5G

URCA believes that the consultation document represents a significant step towards the introduction of advanced broadband connectivity in The Bahamas

Continuing obligations for BVI private investment funds

This note provides a quick reference to your PIF’s ongoing BVI obligations.

URCA proposes expanding content regulation to digital and social media in revised code

The Code does not comprehensively cover all aspects of digital or online content regulation

Financial services activity, fee increases bolster government’s financial performance

Most financial services and licensing fees, which make up more than one third of government’s annual revenue, are due in the first quarter.

Trademark law changes in the works to reduce fees

Ebanks said it is the government’s intention to have draft amendment legislation produced before the end of this year.

BMA registers four insurers

The BMA noted that the registration/licensing of approved insurance entities is issued after the IALC application process and may be confirmed in future periods.

Entrepreneurs and creatives to benefit from proposed changes to trade marks legislation

This proposal reflects the commitment made by the Deputy Premier and Minister of Financial Services and Commerce, André Ebanks MP

BOV launches new corporate social responsibility foundation

Bank marks another milestone in its 50-year history

Longshore Labs pairs Caymanian students with software development experts in apprenticeship programme

Young Caymanians selected for the programme are each paired with an experienced developer, or report to a developer or test engineer in Chennai.

Amendment proposed to grant Police power to seize accounts without court order in scam cases

According to the amendment, the order must be issued by an officer of Sub-Inspector rank or higher.

Central bank warns of imminent depletion of usable reserves

The government is actively working to implement strong cost-cutting measures in response to the current economic crisis.

BML extends window to apply for its 'Bank Fund' once again

The window extended this time offers associations the chance to submit proposals until 16:00 hrs on September 8.

Higher rates sends ‘stark signal’ to policymakers

“The only way we can really signal that — we can lobby, we can have conversations — but the most stark signal is ultimately through pricing.”

Parliament set to pass new bill to boost foreign investment opportunities

The bill was introduced by Hithadhoo Central MP Ahmed Azan Marzooq on behalf of the government.

Barbados set for trade policy overhaul

The minister highlighted several factors necessitating this review, including frequent changes in the global trade landscape, technological advancements, and environmental challenges.

Government surplus comes with message against overspending

The report advised that these costs will “have to be diligently monitored” to ensure spending is not incurred unnecessarily.

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.

Regulation, Risk & Compliance