04/24/2023
Malta will be airlifting 180 million banknotes to Argentina in the coming weeks, as the South American country finds itself unable to meet banknote demand ahead of the general election in October
04/24/2023
Eight new bills have been proposed that will increase the Cayman Islands Monetary Authority’s (CIMA) and Financial Reporting Authority’s (FRA) powers.
04/24/2023
This year's guide was prepared by group partner Christopher Reed and senior counsel Tom Fothergill.
04/24/2023
The most common application of blockchain technology in Jersey is to cryptocurrencies and any other digital assets.
04/21/2023
The decision comes against the backdrop of Cayman’s fight to be removed from the FATF’s grey list, and government officials have stated that an appeal is being explored.
04/20/2023
By launching an offshore exchange in Bermuda, San Francisco-based Coinbase would be better poised to challenge Binance, which dominates the global crypto trade, and to diversify its revenue base.
04/20/2023
Even where a book of loans is in run off, the provider will not automatically be entitled to an exemption from the requirement for a licence.
04/18/2023
Consumer Protection and Education - follow ups on supervisory inspections undertaken during 2022 on license holders to ensure all MiFID II requirements are satisfied.
04/18/2023
The Annual Financial Return will not be filed with the Regulator and details will not be publicly available.
04/18/2023
Clients are looking to balance economic benefits with certainty and security, and many are turning to Jersey to provide exactly that.
04/18/2023
A restricted SPI may conduct special purpose business with specific cedants approved by the Authority.
04/18/2023
The cash flow solvency test involves having some regard to debts which fall due for payment in the reasonably near future as well as debts which have already fallen due.
04/17/2023
The Act contains a prohibition that no person should carry on, in or from within the British Virgin Islands, the business of providing a virtual asset service without being registered by the regulator in that regard.
04/17/2023
This new list will hopefully alleviate delays and will enable more efficient management by the Courts of the broad range of planning and environmental cases
04/17/2023
Existing entities which were previously out of scope have until 30 June 2023 to comply with the new regime.
04/17/2023
This tool has been developed in connection with the Proceeds of Crime (Jersey) Law 1999
04/17/2023
This right is commonly known as a ‘subject access request’ or DSAR.
04/14/2023
This order will help provide clarity for arrangements between businesses operating at different levels of the production or distribution chain that may otherwise have needed the JCRA’s prior approval
04/14/2023
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.
04/14/2023
The Cayman Islands does permit foreign attorneys to be admitted on a temporary basis