Managers of Wealth Offshore

Labuan IBFC and SBF to jointly host masterclass on Labuan International Business and Financial Centre

The masterclass will showcase Labuan IBFC’s sectoral offerings and services

GFSC updates Natural Capital Fund framework

The Commission launched its Natural Capital Fund framework in September 2022 as part of the Guernsey Sustainable Funds Regime.

Local sustainability course gets global accreditation

The course has been accredited by the internationally recognised Carbon Literacy Project who noted that the program ‘is well tailored to the target audience, is full of inspiring examples and engaging activities – it should lead to some really

The BVI IAC Arbitration Rules 2021: “A Statement of Intent for the Future”

The comparative analysis of the Rules against the rules of other leading arbitration institutions will assist the readers in identifying the advantages of choosing the BVI IAC Arbitration Rules.

New Limited Liability Company introduction enhances Jersey proposition for US alternative fund managers

Through the Jersey LLC, US fund managers will now be able to take advantage of seamless marketing into the EU via national private placement regimes, underlining our proposition as the ideal gateway into Europe.

Guernsey Policy & Resources Committee publish alternative Tax Review package

The Committee recognises that, despite the overall package being progressive and the benefits for those on lower incomes, the inclusion of a Goods and Services Tax to raise the necessary additional revenue means some States Members will not be willing to

Collas Crill to closes UK Real Estate practice

All of Collas Crill's UK Real Estate clients have been notified of the move in writing with clear guidance to ensure a smooth transition and seamless continuity of service, including secure transfer of confidential information.

Data Protection in the British Virgin Islands

The DPA requires a data controller to comply with seven data protection principles when processing personal data and to ensure that any data processor it appoints has sufficient safeguards in place to protect the personal data.

The accounts and audit rules applicable to Jersey companies

Part 16 was amended in 2010, first

FirstCaribbean announces interest rate increase

Other local banks are expected to issue similar advisories to their customers.

IMF tells Malta to plan ahead over energy subsidies and global tax rules

IMF toasts ‘remarkable’ pandemic recovery by Malta but says island has to plan ahead over coming reforms in global tax rules as well as on energy subsidies

Bermuda Economic Substance Declaration Filings—February 2023 Alert

Such Declaration Forms must be filed annually, within six months of the last day of the entity’s financial year.

Lasting Legacy? Disclaiming a Gift of Immovable Property in Jersey

The Court granted their request and the disclaimer was successful

Labuan IBFC and SBF to jointly host masterclass on Labuan International Business and Financial Centre

The masterclass will showcase Labuan IBFC’s sectoral offerings and services

ODPA registration reminder

Registration may only be the first step, but it is an important one.

Isle of Man Financial Services Authority updates its supervisory approach

The revised supervisory methodology has been in development for some time, with the project highlighted as a priority in the Authority’s Strategic Plan and Annual Report.

New Rules are Coming: Is Your Cayman Fund Compliant?

Operators of funds must ensure the conduct of the fund and its service providers is in accordance with these regulatory measures.

Privacy and Data Breaches in the Cayman Islands

The first step in ascertaining as to whether or not the DPA is applicable to a Cayman entity is to establish if the entity is a data controller or a data processor.

Cayman Islands: The Virtual Currency Regulation Review

The Cayman Islands Special Economic Zone provides a simplified route to establishing a physical presence and employing staff in the Cayman Islands.

Concerns government isn’t engaging with businesses enough

In response, Mr Hooper explained that industry is ‘at the heart of the department’s decision making’ and it has plenty of communication.

Regulation, Risk & Compliance