05/12/2023
Start-up smart: GDPR compliance made easy
It must be transparent – you must tell an individual why and how you are processing their data.
Regulation, Risk & Compliance
05/11/2023
Officials still trying to get Cayman off grey list
If the jurisdiction is to be removed, that is expected to happen at the following plenary, which will be in October.
05/10/2023
Features and benefits of BVI Approved Funds for startup, emerging managers
Approved Funds are limited to a maximum net asset of USD100 million, or another currency equivalent.
05/10/2023
Trinidad and Tobago, US talk energy, food, finance
These committees are composed of representatives of the US government and various Caricom governments.
05/10/2023
Carey Olsen and JTC Group assist Valour with new physically digital asset-backed offering
Chris said: "We enjoyed assisting Valour launch their ETPs programme from Jersey and were pleased to see another cross-jurisdictional promoter choosing Jersey as a jurisdiction in the digital assets space."
05/09/2023
The Rules of Engagement - Repeal and Revision of the CPR in the BVI
The revised rules have also brought clarity to the proper process by which an arbitral award is to be enforced.
05/09/2023
SEC ordered to speak up on cryptocurrency regulation
The crypto exchange referred to a 2022 petition asking for formal rule making within the digital assets sector, to which the SEC is yet to respond.
05/05/2023
“Diminished” P&R investment performance “concerning”
Deputy Ferbrache also said CA undertook a “comprehensive review” of existing managers and the overall strategy
05/05/2023
Five chapters authored for Legal 500 Private Client guides, 2023
The guides provide a pragmatic overview of the laws and regulations of private client practice and information about taxes, succession laws, wills, trusts and their structures.
05/05/2023
No taxation, years of complex crypto industry regulations, and other benefits of obtaining an offshore license
The main advantage of starting a crypto company is increased privacy.
05/05/2023
Walkers (Bermuda) Limited Acts on Yorkshire and Clydesdale Bank Pension Scheme
The longevity insurance policy is structured as an insurance arrangement between the Trustee and ZAL
05/03/2023
Jersey and Guernsey reaffirm international commitment to combatting financial crime
Minister Allinson said: “It is important for the Isle of Man to reaffirm its commitment and stand alongside other countries in combatting financial crime in all its forms.
05/03/2023
Hogan Lovells is engaged by the Securities Commission of The Bahamas to draft new DARE Bill 2023
Building on the DARE Act 2020, the DARE Bill aims to address legislative gaps, ambiguities, and procedural concerns within current legislation.
05/03/2023
Securities Commission of The Bahamas Opens Consultation Period for DARE Bill 2023
The DARE Bill 2023 expands the definition and list of digital asset business activities and includes robust consumer and investor protection, risk management, and market innovation and development provisions.
05/02/2023
Minimum wage to take effect on June 1
This new entity, the Department of Labour, will aim to improve relations between employers and workers and fight for and enhance labour policies.
05/02/2023
Central Bank acknowledges “less than satisfactory” bank account opening time, touts improvements
The target is to reduce the average experience to less than two weeks.
05/02/2023
What is the revised scope of Jersey’s AML/CFT/CPF Regime and what are the options for those now in scope?
Exemptions from compliance with the AML/CFT/CPF Regime have previously been linked to exemptions available from conduct of business and prudential regulation (JFSC Regulation) by the Jersey Financial Services Commission (JFSC).
04/28/2023
Proposal to increase pensions and benefits in Guernsey defeated
The States vote was tied 18-all, which means there will be no change to the current annual adjustments.
04/28/2023
Cayman Inspectorship – an exceptional remedy?
ADF’s central concern is the governance of the Company and the constitutional arrangements within the Company which have allowed the IM to have effective control and tenure.
04/28/2023
Global Registration Services Market Update Q1 2023
Whilst the FSMA will continue approving marketing communications towards retail investors in advance, the FAQ provides details of certain exceptions which may apply in case of very short marketing communications whereby prior approval may not be required.