12/13/2023
Crown Dependencies publish commitment to increase accessibility to company beneficial ownership
The Crown Dependencies have already undertaken substantial preparatory work to enable obliged entity access
Regulation, Risk & Compliance
12/12/2023
The British Virgin Islands and the Common Reporting Standard
The Global Forum has already completed its assessment of the AEOI legal frameworks
12/12/2023
More changes to Bahamas economic substance and beneficial ownership regimes
In October 2022, the Council of the European Union (the EU Council) added the Bahamas to its list of non-cooperative jurisdictions for tax purposes.
12/12/2023
BMA extends deadline for climate change consultation
“This deadline extension recognises the overall importance of industry feedback, in guiding the BMA’s approach to public climate risk disclosure,” the BMA said.
12/11/2023
New boss at Citizens Advice pledges improvements
That small team dedicated over 12,500 voluntary hours to the charity last year, providing independent, impartial, confidential, and free advice to anyone who requested it.
12/11/2023
Jersey and Bahrain strengthen bilateral ties
The widening of our bilateral ties can boost not only our political and economic relationship, but also highlights our joint commitment to encourage sustainable development of innovation
12/11/2023
Philippines wants its workers in Malta protected against abuse
Agreement would ensure Filipinos experience ‘less exploitation and abuse’
12/08/2023
SiriusPoint forms strategic partnership with specialty underwriter
Marc Garganigo, managing director, ProVerity Underwriters added: “I am thrilled to have SiriusPoint as our carrier partner.
12/08/2023
Easing of bond market issuance as yields rise
Rate cuts by major central banks in 2024 could instigate additional corporate bond issuance
12/08/2023
IoD guidelines for Jersey Directors 6th edition launched
Considering our rapidly changing world,
12/07/2023
UK presses Guernsey to open up on who really owns companies
“The UK and the Crown Dependencies have differing legal views on implementing publicly accessible registers in light of the CJEU ruling,” said UK Home Office Minister, Thomas Tugendhat.
12/07/2023
Mauritius regulatory update: Financial Services Commission guidelines for digital signatures
The purpose of the guidelines is to specify the minimum standards which the FSC would expect its applicants and licensees to observe
12/07/2023
First Atlantic Commerce signs MoU with MasterCard
FAC said the partnership would also promote the implementation of innovative digital acceptance solutions
12/07/2023
A guide to JPUTs (Jersey Property Unit Trusts)
A Jersey Property Unit Trust (JPUT) is a legal structure whereby legal ownership of assets (primarily non-Jersey real estate) is vested in one or more trustees
12/07/2023
Restrictions as broadband and mobile users face mid-contract price hikes
Malta Communications Authority 'seriously concerned' about price clauses
12/06/2023
Migration to the Cayman Islands and the SEC private fund adviser rules
This update provides an overview of the types of entities that can be migrated into the Cayman Islands
12/06/2023
Guernsey funds legal and regulatory update December 2023
The States of Guernsey Policy and Resources Committee has issued guidance (here) on the application and scope of the new requirements.
12/06/2023
Barriers to Business report published with 38 recommendations for Government
Throughout the research, businesses were asked to identify the positive experiences they have of doing business in Jersey.
12/05/2023
Strategy unveiled to strengthen the fight against financial crime
Global Participation: The Island will actively participate in the global fight against financial crime.
12/05/2023
Changes possible to the Isle of Man Depositors’ Compensation Scheme
The intention is to update the DCS to make it more effective, enhance the timeliness of payments, and maintain confidence and stability in the island’s financial system.