07/05/2023
Aegon redomiciles to Bermuda
The company will propose changes to its governance including the implementation of a one-tier board.
Regulation, Risk & Compliance
07/04/2023
Paradise Mobile signs MOU with AALTO HAPS
AALTO’s Zephyr is described as the most persistent ‘high altitude platform station’ on the planet.
07/03/2023
Trustee Troubleshooting: Dealing with trust deeds that are no longer fit for purpose
While families grow and evolve, legislation is regularly revised and expanded upon and technology continues to develop at an incredibly fast pace, trusts often remain unchanged.
07/03/2023
Comparison of Laws in the British Virgin Islands and the Cayman Islands Relating to Offshore Companies
For the sake of convenience, certain abbreviations are used, such as referring to “governmental approvals”, without specifying the particular body or its function.
06/30/2023
BMA’s cyber underwriting report reveals a changing landscape
The BMA report covers key affirmative cyber-risk underwriting data aggregated from 2021 financial year-end statutory filings of groups and commercial and captive insurers.
06/30/2023
Proceeds of Crime Law: Jersey's AML / CFT / CPF regime
This article explains what has changed and why, how to determine whether an entity is now within the scope of the regime and what an in-scope entity needs to do to comply with its obligations under the regime.
06/30/2023
From sustainability to simplification: latest funds regulations in Ireland and the EU
Fund administration and asset managers need a thorough understanding of these regulations and their implications if they are to navigate the complex regulatory environment and achieve their business goals while also complying with legal requirements.
06/29/2023
Lombard Bank to issue new shares
Shareholders present at the meeting approved all resolutions
06/29/2023
Personal Information Protection Act Set to Come into Full Force in 2025
The significant sections of PIPA relating to obligations on organisations that use personal information, conditions for use, data transfers and rights for individuals, are not yet in force.
06/29/2023
Julius Baer launches bursary scheme
Our young people are vital for Guernsey’s industry, and we recognise the need to help them learn about the finance industry and what a rewarding career it can offer.
06/28/2023
Collas Crill advises on multi-jurisdictional acquisition
Van Mossel will acquire Jackson's trading entities but will lease the properties currently owned by the dealer.
06/28/2023
Bermuda restructuring to rescue Digicel Group
Digicel was forced into a Bermuda scheme of arrangement three years ago, faced with its crippling $7 billion debt.
06/28/2023
IQ-EQ acquires ComplianceAsia and Lymon Pte Ltd
These transactions are incredibly exciting for us as it not only significantly expands our existing regulatory compliance business here in Asia Pacific
06/27/2023
Lending by Insurers
The Law is wide ranging and seeks to regulate many financing activities which are commonplace in Guernsey and were previously unregulated.
06/26/2023
EU anti-fraud investigators in Malta to probe European asylum agency
Current, ex-employees allege fraud, nepotism, mishandling of harassment claims
06/26/2023
UK legislates on nationality changes before Guernsey has a say
Only now will the States be asked to express its views on it.
06/26/2023
Securitisation and Cayman Orphan SPVs – Part Three
This third article will focus on the administration of a Cayman Islands Orphan SPV as it relates to a securitisation transaction as well as the Cayman Islands entities which can be used in a securitisation structure.
06/26/2023
The Cayman Islands: One Step Closer to Removal from the FATF Grey List
At the conclusion of the June Plenary, the FATF has announced that the Cayman Islands has made significant progress towards fulfilling its action plan, and has authorised an on-site visit.
06/23/2023
Solitaire Consulting partners with Clausematch to deliver regulatory compliance solutions
This partnership is part of Solitaire’s expansion plan which includes working with Fintech and Regtech companies operating in the TCSP space.
06/23/2023
Climate change policies need broad acceptance to be effective
While the draft Policy is vital, there may be some challenges in getting specific segments of the population on board to guarantee wide adoption of the final version.