10/12/2022
BOJ to get technical support to identify climate risks in financial sector
Among other things, it focuses on climate, biodiversity, peace, education, urban planning, health, and governance.
Regulation, Risk & Compliance
10/11/2022
Bank sector Q2 net income up 36.6% to $86.3m
Net interest income grew by 14.1 per cent, or $17 million, to $137.7 million compared with the previous quarter.
10/11/2022
Carey Olsen partners with World Triathlon Bermuda and legal team compete to raise funds for Family Centre Bermuda
Carey Olsen Bermuda is a supporter of many community-based sports and activities.
10/11/2022
Bermuda to deploy more cyber capacity to meet demand
Despite cyber attacks continuing to cost businesses millions of dollars, fewer than 40% of executives surveyed say they have fully mitigated cybersecurity risk exposure in a number of critical areas.
10/10/2022
Maldives GDP to boost, debt expects hike; World Bank
While inflation is projected at 3.5 percent in 2022, World Bank claims this will moderate in 2023 as "global energy prices normalize."
10/10/2022
EU takes Bermuda off its grey list
Also off the grey list is Tunisia, while Costa Rica remains.
10/10/2022
Bahamas ‘may never be ready’ for exchange control elimination
It’s not as straightforward as throwing a switch. What we try to emphasise is that behind the system is a framework to maintain the stability of the currency.
10/10/2022
Cayman Regulatory Update - Q4 2022
Cayman Islands for frozen funds under the Russia sanctions regime and an update on the revised regulatory procedures for the deregistration of Cayman funds.
10/07/2022
Packed finance audience hears the latest on Moneyval
THERE was standing room only at St James as more than 500 finance industry professionals learned more implications of the island’s forthcoming Moneyval inspection from the industry regulator.
10/07/2022
Snapshot: Considerations for Chilean pension funds investing in offshore funds
In some circumstances, there can be time-pressure to obtain the confirmations in order to meet the investment closing deadline.
10/07/2022
“For over a century, the US has set the tone for international drug policy”
Guernsey Drug Strategy Campaign say the decision reflects “another significant change in policy around the use of cannabis”.
10/06/2022
Gov’t aims to increase access to LCCL businesses
“Our objective is to ensure that news of these investment opportunities reaches as wide an audience as possible, and we are committed to exploring various means to achieve this,” said Trade and Business Licensing Board Chairman Garth Arch.
10/06/2022
Delta Capital Partners acquire Massy's Credit Card, changes coming
Massy cards to become DeltaPaay with MasterCard after acquisition
10/06/2022
EU adds Anguilla, Bahamas, Turks and Caicos to tax blacklist
Bermuda was removed from the list
10/05/2022
Celebration for passing of anti-discrimination law in Guernsey
Ms Le Clerc said despite the legislation being passed, the fight had "only just begun".
10/05/2022
Ariel Re wins approval for Lloyd’s managing agent
Darren Lednor will be the managing director of ARMA.
10/05/2022
Foreign currency outflows near $83 million in August due to “notable” increase in oil imports
Meanwhile, the Central Bank’s net sales to commercial banks moderated to $13.6 million from $57.0 million in the preceding year.
10/05/2022
The Grand Court makes first restoration order in respect of fraudulently dissolved Cayman company
The Syndicate, along with their friends, family members, and associates, allegedly carried out a wide-ranging and blatant fraud against Worldwide, REFF, and other entities.
10/04/2022
Jersey launches proposed Government Plan and Common Strategic Policy
This includes investment in areas such as healthcare and mental health services, children and education, skills training, and emergency services.
10/03/2022
Sticking to debt reduction the right policy
This break with the past was based on the simple fact that Jamaica's previous policy of always borrowing and spending its way out of economic shocks has not worked.