06/02/2023
Channel Islands based ESH Solutions to partner with Kagool
Kagool is a Microsoft Partner that also has partnership arrangements with SAP and Salesforce platforms
Regulation, Risk & Compliance
06/02/2023
The Cayman Islands Government proposes amendments to the Proceeds of Crime Amendment
A notable change that is being proposed in the bill is the potential removal of the defences to committing the key money laundering offences
06/01/2023
International Data Transfers
The DPC imposed a fine of €1.2 billion on Meta Ireland
06/01/2023
Cayman Islands Issues General Licence For Payment Of Legal Fees
The increase in designations led to a concurrently sizeable increase in licence applications for the payment of legal fees
05/31/2023
Central Bank announces technical developments, upgrades for mobile wallet holders
There are currently nine approved digital wallet providers and seven active digital wallet providers.
05/31/2023
Fraudsters target Republic Bank customers, cards compromised
Many customers have discovered unauthorized charges on their bank statements, ranging from small purchases to large transactions.
05/30/2023
No digital currency mandate in Jamaica - officials
Morgan, Clarke forced to dispel claims being made by Opposition leader
05/30/2023
Finance minister refutes claims on new banknotes by opposition leader
Says new notes on schedule for mid-June circulation
05/30/2023
Are You PIPA Ready?
PIPA outlines the requirements for individuals and organisations that use personal information, as well as the rights that individuals have regarding the use of their personal information.
05/30/2023
Jersey’s financial services regulator proposes funds fee increase of 14.7%
The JFSC says: “This increase is in line with our Business Plan and budget which included an expectation of RPI plus 2%.
05/30/2023
Company Restorations in the BVI and the Business Companies (Amendment) Act 2022's Transitional Provisions
The Amendment Act changed the landscape of restoring companies to the Register of Companies (the Register) in the BVI
05/29/2023
Saudi Fund signs 2 loan agreements of $16mln in Saint Vincent and the Grenadines
The agreements also come in line with SFD’s aim in supporting the healthcare and social infrastructure sectors
05/26/2023
An Offshore Perspective: Reservation of Powers in BVI Trusts
Trust instruments can also appoint a protector, who may have other powers including authorising trustees to exercise their powers.
05/26/2023
Termination of Employment during Probation
The employer did not have an in-house human resources function.
05/26/2023
Chambers Corporate M&A Global Practice Guide 2023 – Trends and Developments, Cayman Islands
The guide summarises the key trends and developments in the Cayman Islands over the last year.
05/26/2023
Enforcement of arbitral awards in the British Virgin Islands
The distinction between recognition and enforcement is worth highlighting.
05/26/2023
Company for the 'ultra-rich' had rights breached by €373,000 FIAU fine
Court says law did not assure Insignia Cards Ltd right to a fair hearing
05/25/2023
Former StanChart CEO failed in bid to escape fine and ban in Guernsey
In fighting against the sanction, Mr Kelham questioned why he had faced action when others that were involved had not.
05/25/2023
Office of Data Protection Authority marks 5 years since introduction of landmark legislation
It has been a huge privilege for me to be Commissioner for the Bailiwick during this important chapter in our history
05/25/2023
Significant Risk Transfer Transactions
Ireland has a favourable legal and tax framework