04/01/2024
Central Bank's Regulatory and Supervisory Outlook Report 2004
The report was accompanied by a letter to the Minister for Finance
Regulation, Risk & Compliance
04/01/2024
Short term holiday lets in Jersey
The 2024 Order amends the General Development Order so that a dwelling (or part of it) can be used as accommodation for visitors without the need for planning permission
03/28/2024
Legal update: Changes to the Employment (Jersey) Law 2003: new parental bereavement rights
The bereavement leave is available to mothers and fathers
03/28/2024
Jersey Private Funds maintain appeal while bank deposits climb against backdrop of difficult market conditions
Corporate activity also remained positive with a total of 35,379 companies on Jersey’s register at the end of the year
03/27/2024
Bahamas central bank reduces exchange controls on some transactions
The current transactions are mostly trade-related.
03/26/2024
America should look to the Caribbean for crypto regulation
Operating in America’s regulation-by-enforcement environment is akin to building a house without a blueprint
03/25/2024
The outlook for rate cuts
Expectations for the first rate cut are currently being postponed by three months
03/25/2024
United States and Barbados partner to improve court system efficiency
Chief Justice Cheltenham expressed gratitude at the project launch.
03/25/2024
Cayman Islands Schemes of Arrangement now available for Exempted Limited Partnerships using the Restructuring Officer Regime
With the increasing use of the restructuring officer regime in the Cayman Islands
03/22/2024
Changes to payroll tax legislation approved in Senate
The amendment allows those hired between that period and March 31, 2026 to be included under the waiver
03/22/2024
Walkers advises on Jersey’s first tokenisation platform
Our team advised Backed Finance AG on all Jersey legal and regulatory aspects in forming the Jersey issuer of tokenised assets
03/21/2024
Liquidators to pay back Bittrex Global creditors
The company’s petition for its winding up was presented to the Supreme Court on March 8 and is set for hearing on March 28.
03/20/2024
PM: ‘Assault’ on offshore financial centers caused 50 percent decline in the financial services sector’s contribution to GDP
They are the ones taking unto themselves the right to be the authoritarian and the police of the world in financial services matters.
03/20/2024
Central Bank issues alert over consumer loan scam
The Central Bank reminds the public that it does not offer loans or banking services to the general public.
03/19/2024
Companies Act amendments - Cayman Islands
The Amendment Act is not yet in force and will come into force by the making of a subsequent Cabinet order.
03/19/2024
BVI announces new work permit exemptions
Any BVI business wishing to utilise one of these exemptions for a service provider or staff-member must notify the Chief Immigration Officer 48 hours in advance
03/19/2024
Privacy Rights Extend Outside Bermuda
There are many ways in which personal information is collected for use from individuals who are outside of Bermuda.
03/19/2024
Private Funds and the Cayman Islands Fund Annual Return Deadline
Our experienced team has a deep understanding of the FAR requirements
03/19/2024
Parental Bereavement Leave: Jersey to Implement Further Family Leave Rights
The leave will be a “day one” employment right and may be taken without notice
03/19/2024
HSBC issues scam warning after spike across Channel Islands and Isle of Man
HSBC’s advice to people is to ‘Take Five’ and to stop and think