04/27/2023
Lootah Biofuels signs agreement to establish first biofuel plant outside UAE
To establish its first biofuel production plant from waste cooking oil outside the UAE
Regulation, Risk & Compliance
04/27/2023
Public Consultation on Proposed Enhancements to Supervisory Powers within the Bermuda Investment Funds Act
These proposals include requiring Professional Class A, Class B and Closed Funds to prepare financial reports that contain audited financial statements.
04/26/2023
An introduction to the new Trading Standards (Fair Trading) (Guernsey) Ordinance, 2023
The TS Ordinance introduces a statutory framework to protect consumers and ensure fair trading.
04/26/2023
Cybersecurity Corporate Governance: Three Essential Steps to Form a Cyber Incident Swat Team
Cybersecurity is now an essential aspect of corporate governance, business risk management, and mandated legal (regulatory) compliance
04/26/2023
The power of openness and trust – engaging with the regulator
In this age of technology and social media, a tension exists between aligning our digital and real-world self. Our digital self is a filtered, polished version of our real-world self.
04/25/2023
Revisions to Bermuda's AML-ATF Guidance Notes for Financial Institution
All other persons purporting to act on behalf of the customer or by whom binding obligation may be imposed on the customer
04/25/2023
Securitisation and Cayman Orphan SPVs – Part One
This article will briefly discuss what a securitisation transaction is
04/24/2023
Harneys advises Jayud Global Logistics Limited on its US IPO
The Corporate team at Harneys advises on complex cross-border transactions involving the British Virgin Islands, Cayman Islands, Luxembourg, and Cyprus corporate vehicles.
04/24/2023
No enforcement of environmental laws
The chairman stressed that farming would also be affected because the land became more polluted and the soils less arable, which means the yield would be a lot lower.
04/24/2023
Malta airlifting 180 million peso banknotes to Argentina ahead of election
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
New Changes To Cima's And The Fra's Powers
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
Chambers Global Practice Guide 2023: Fintech – Jersey
This year's guide was prepared by group partner Christopher Reed and senior counsel Tom Fothergill.
04/24/2023
Jersey Blockchain Chapter (Mondaq)
The most common application of blockchain technology in Jersey is to cryptocurrencies and any other digital assets.
04/21/2023
Cayman Islands: CIMA’s money laundering rules overruled by court
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
Coinbase gets Bermuda license, plans to launch offshore exchange in coming weeks
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
The Guernsey Regulators FAQS on Part II Licenses Under the LCF Law
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
The MFSA’s Supervisory Priorities 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
New BVI Requirement to produce an Annual Financial Return each year
The Annual Financial Return will not be filed with the Regulator and details will not be publicly available.
04/18/2023
Six reasons why companies incorporate in Jersey
Clients are looking to balance economic benefits with certainty and security, and many are turning to Jersey to provide exactly that.
04/18/2023
New captive registered on Bermuda
A restricted SPI may conduct special purpose business with specific cedants approved by the Authority.