06/28/2024
Building bridges, not barriers: setting up Cayman trusts to minimise conflicts
Cayman Islands trusts are known to be backed by extensive legislation
Regulation, Risk & Compliance
06/28/2024
The proceeds of crime law and unregulated trustees
The additional obligations are set out in schedule 10 of the Proceeds of Crime Law
06/26/2024
Money market report for the week ended June 21, 2024
Information on ECB monetary operations and the domestic Treasury bill market
06/26/2024
Zintego receipt generator: Tips for creating effective payment terms
Powerful tool designed to streamline the creation and management of receipts
06/26/2024
Navigating the workers compensation claims process
Financial awards may cover medical care, lost wages, and disability
06/25/2024
R&Q files for liquidation
R&Q was then forced to strike a stand-still deal with creditors in late April.
06/25/2024
Guernsey’s Data Protection Authority publishes 2023 Annual Report
The Annual Report highlights the excellent achievements realized in 2023, as we progress towards a vision of Guernsey as a model for the global data protection community
06/24/2024
Labour Management System to officially launch July 1
The digitized system already recorded testimonials from employers in its pilot phase, praising its efficiency and convenience.
06/24/2024
BVI Annual Returns: Preparation for Upcoming Deadline – 30 September 2024
For companies with other financial year-ends, the filing must be made no later than 9 months after the relevant year-end.
06/24/2024
BMA cracks down on life insurers’ investments
Insurers will now have to seek its prior approval for new investments of this type and will have to demonstrate that they are an appropriate match for their liabilities.
06/21/2024
Ontario tribunal rules against Arbitrade Bermuda
Arbitrade infamously promised six years ago to create hundreds of Bermuda jobs in setting up its global headquarters here.
06/20/2024
Government’s Asia office opens on 26 June
In addition to the official opening the deputy premier will attend the Financial Action Task Force Plenary in Singapore
06/20/2024
First deputy governor Donovan Ebanks to get official farewell
Ebanks first joined the Public Works Department in 1975.
06/20/2024
Ogier Global obtains CSSF licence to expand European fund administration offering
With the newly acquired CSSF licence, Ogier Global is equipped to provide an expanded suite of fund administration solutions to its global clientele.
06/19/2024
BMA registers three insurers
The island’s financial services regulator has also registered four intermediaries.
06/19/2024
R&Q to file for provisional liquidation
R&Q announced it had agreed to sell Accredited for $465 million to Onex in November.
06/18/2024
DoT cuts deals worth $12.3M with US agencies
The two contracts are worth over CI$12.3 million to showcase this destination and attract more visitors from North America and other parts of the world.
06/18/2024
Regulator tells local banks to do better!
The Commission expects to see a marked improvement in the market conduct of banks
06/18/2024
Regulator tells local banks to do better!
People have expressed that banks have very archaic with inefficient systems for simple day-to-day transactions like cheques and payment processing.
06/17/2024
BMA to bolster legislation that governs corporate service providers
BMA to bolster legislation that governs corporate service providers