Regulatory & Risk Advisory : Advisory

19 January 2022

Update on EU AML List – Limited Impact for Cayman Islands

Last March we published an advisory on the Cayman Islands inclusion on the Financial Action Task For...

10 January 2022

Cayman Islands: Update On The Securities Investment Business Act

The Securities Investment Business Act (as amended, the “SIBA”), which is supervised by the Caym...

06 January 2022

Bermuda Economic Substance Update

Following consultation with industry, the Economic Substance Regulations 2018 have been amended by t...

08 December 2021

Ireland Update: CBI Dear CEO Letter on MiFID Suitability Requirements

On 1 December 2021 the Central Bank of Ireland ("CBI") issued a Dear CEO Letter detailing the findin...

04 October 2021

Ireland Update: Central Register of Beneficial Ownership of Trusts – October Filing Deadline Fast Approaching

On 26 July 2021, the Central Register of Beneficial Ownership of Trusts (“Central Register”) was...

22 September 2021

Ireland Update: Central Bank of Ireland Proposes Amendments to Certain Pre-Approval Controlled Functions

On 22 September 2021, the Central Bank of Ireland published a Notice of Intention regarding proposed...

16 August 2021

JFSC Consults on Widening Civil Financial Penalty Scope and Streamlined Decision-Making Process

Changes proposed by the Jersey Financial Services Commission (“JFSC”) will enable the regulator ...

14 July 2021

Bermuda Economic Substance Amendment Act 2021

The Bermuda Economic Substance Amendment Act 2021 received Royal Assent on 30 June 2021. This Act am...

12 July 2021

Guernsey Consolidates Economic Substance and Extends it to Partnerships

Guernsey has brought partnerships into scope of economic substance requirements for accounting perio...

09 July 2021

Ireland Update: Central Bank of Ireland updates AML/CFT Guidelines for Financial Sector

On 23 June 2021, the Central Bank of Ireland published revised Anti-Money Laundering and Countering ...