Managers of Wealth Offshore

BVI Company Distributions - From Dividends to Reorganisations

Distributions, including payment or transfer of dividends is often viewed as a relatively minor area of importance in BVI corporate law.

£1 million from dormant bank accounts to go to charities

The JCF has placed the money into the Jersey Community Fund, which pools donations from a number of donors and makes grants to charities and community groups.

FCA publishes details of common application shortcomings for prospective asset managers

The FCA identified a number of common errors that applicants should avoid when applying for authorisation for asset management activities.

Jersey-registered virtual asset service providers list published

Publication of the list will enable VASPs in other jurisdictions to easily identify Jersey VASPs

Digital-asset business partners with Bermudian-licensed firm

Wenia operates under a Class F licence granted by the BMA

GFSC Policy Statement – Approach to Fund Tokenisation

The Commission’s overall position is to encourage technology which enhances services to investors and increases efficiency and effectiveness of operations in the Bailiwick.

Labuan IBFC Inc. and RAM jointly host event on Labuan captive solutions for self-insurance

This collaboration arises from RAM’s LECA rating service for credit and performance evaluation of Labuan IBFC licensees

New legislation designed to make Jersey homes greener put on back burner

Both initiatives had been due to be implemented in 2026 and formed part of Jersey’s Carbon Neutral Roadmap.

Pension payments hit by ‘slight delay’

A department spokeswoman did not give the cause for the hold-up, but confirmed that there was “a slight delay in processing some monthly pensions”.

A guide to structured finance and securitisation in Jersey

Clients value our experience in relation to structures involving a range of asset classes, including residential mortgages, consumer loans and credit cards.

List of Jersey-registered virtual asset service providers published

VASPs are listed under a separate tab so they are not confused with fully regulated entities.

The importance of Alternative Dispute Resolution – Churchill v Merthyr Tydfil County Borough Council

It is already well established that an unreasonable refusal to engage in ADR may have costly consequences.

New scheme introduced in Jersey to improve the quality of rented accommodation

As discussed in our landlord licencing briefing, the Scheme aims to improve the quality of rented accommodation in Jersey.

Republic Bank customers continue to speak out about the “Great Withdrawal”

The Eastern Caribbean Central Bank (ECCB) has taken steps to address these concerns impartially.

Succession planning in corporate governance

The primary aim of succession planning is to promote the sustainability and long-term success of a company

A look at Carey Olsen and their prominent position in the offshore trusts and private client space

He also discusses how Carey Olsen stays competitive and where the firm sees itself in the wealth management landscape in five years' time.

Fair treatment of expert evidence: Tui UK Ltd (respondent) V Griffiths (appellant)

Before the trial judge the issue of causation was dealt with by the only expert who gave an uncontroverted expert report and opined that Mr Griffiths illness had been caused by the food and drink consumed at the hotel.

Panama opens Embassy in Barbados

This concludes the process of establishing diplomatic missions in both countries.

Frustration in Irish contracts: more on the Law Reform (Contracts) Bill 2024

This approach aims to balance the financial implications of a frustrated contract, ensuring neither party is unduly advantaged or disadvantaged by the unforeseen event leading to frustration.

BMA issues phishing e-mail warning

"The fraudulent e-mails misappropriate the Bermuda Monetary Authority's name by attempting to get the recipient to click and open a PDF that requests more information as soon as possible," the BMA said.

Regulation, Risk & Compliance