Regulatory & Risk Advisory : Advisory

05 December 2022

EBA Publishes Guidelines on Remote Customer Onboarding

Executive SummaryOn the 22 November 2022, the European Banking Authority (“EBA”) published its f...

18 October 2022

BVI Beneficial Ownership - Economic Substance Reporting Regime

The Beneficial Ownership Secure Search System (Amendment) (No.2) Act, 2021 (“Amendment Act”) was...

18 October 2022

BVI ITA and Ministry of Finance requires entities to establish and maintain adequate systems and controls including a compliance manual

The following BVI legislative supplements to the Mutual Legal Assistance (Tax Matters) Act (“MLA A...

17 October 2022

Jersey Withdraws Covid-19 Economic Substance and Corporate Tax Residency Concession

IntroductionThe States of Jersey’s Comptroller of Revenue is withdrawing the temporary concession ...

04 October 2022

Bermuda Economic Substance Update - October 2022

The European Council has removed Bermuda from Annex II of its list of non-cooperative jurisdictions ...

21 September 2022

Guernsey’s New Consumer Lending Rules

Introduction This briefing is the second in a series of briefings by Walkers’ on the Lending, Cre...

21 September 2022

SEAR and the Individual Accountability Landscape: The Central Bank (Individual Accountability Framework) Bill 2022

The Central Bank (Individual Accountability Framework) Bill 2022 (the “IAF Bill“) was published ...

14 September 2022

BVI Business Companies (Amendment) Act 2022 - Summary of Key Changes

BVI Business Companies (Amendment) Act revisions effective 1 January 2023 The BVI Business Companies...

26 August 2022

CIMA Notice – AML Survey

In a notice on 19 August 2022 (the "Notice"), the Cayman Islands Monetary Authority (“CIMA”) adv...

12 August 2022

Consumer Protection (Regulation of Retail Credit and Credit Servicing Firms) Act 2022

The recent enactment of the Consumer Protection (Regulation of Retail Credit and Credit Servicing Fi...