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Government Regulation

07/25/2025

Changes to Jersey employment law – coming into force on 25 July 2025

The Amendment Law will be coming into force today - 25 July 2025

07/24/2025

Further improvements to the Jersey Private Fund regime

Certain technical changes have been made to Jersey's secondary legislation

07/24/2025

UK legislation for new rules combatting tax avoidance by umbrella companies published

The new rules apply where an umbrella company is used to supply an individual to provide services to a client business.

07/24/2025

Jersey’s most successful fund product gets even better - updates to the Jersey Private Fund

Carey Olsen is delighted to have been heavily involved in updating the JPF Guide.

07/24/2025

Key changes in the newly revised JPF Guide

The new JPF Guide, and a new statutory instrument, the Collective Investment Funds (Jersey Private Funds) Order, will come into force from 6 August 2025.

07/23/2025

Contracts to Manage AI Risk (Bermuda)

The BMA’s 2025 Business Plan signalled future policies concerning the risk-managed use of AI by its registrants.

07/23/2025

Maples Group Strengthens Data Security and Privacy Credentials with Latest ISO Certifications

Maples Group receives ISO 27001:2022 and ISO 27701:2019 certifications, internationally recognised information security and privacy standards.

07/23/2025

Dentons appointed by Singapore government for international carbon credit trading

Singapore has long been a pioneer in implementing Article 6, recognising its pivotal role in accelerating global decarbonisation.

07/22/2025

Captive insurance regulatory regime to be introduced in the UK

Despite the UK being recognised as a leading insurance market globally, most captives are based outside of the country.

07/18/2025

Overview of the Cayman Islands economic substance requirements

The Cayman Islands is a member of the OECD Inclusive Framework on Base Erosion and Profit Shifting

07/18/2025

Continuing Requirements of the Companies Act of Bermuda

Before proceeding with the incorporation of a company in Bermuda, persons are advised to consult their tax, legal and other professional advisers in their respective jurisdictions.

07/18/2025

Trustee licensing: A comparative look at the advantages and a summary of the licensing regime in the BVI and the Cayman Islands

There are several reasons why these jurisdictions are favourable; this article discusses a few of the important ones.

07/18/2025

Insurance Loss Payable Clause in Leasing Agreements

The Court identifies a distribution of responsibilities between the parties involved (lessor, user, insurance company) that will have significant operational and practical implications.

07/18/2025

Digital Regulation Cooperation Forum: The Future of Open Finance and Smart Data

Open Finance presents opportunities to enhance competition, stimulate innovation and improve inclusion by helping providers to offer more tailored products and services to better serve the diverse needs of consumers, building on the success of Open Bankin

07/18/2025

Continuing Obligations for Private and Professional Funds in the BVI

Key continuing obligations for private and professional funds ensure SIBA compliance, crucial for funds recognised by the BVI FSC.

07/17/2025

Changes to accessing beneficial ownership information in the BVI

The Amending Regulations also clarify the application of the existing exemptions in relation to investment funds

07/16/2025

Singaporean government announces new grant following global trade disruption

The Singapore Economic Resilience Task Force (SERT) has indicated that the grant will offer up to S$100,000 (approx. US$78,000) per company, while requiring co-funding by eligible firms.

07/16/2025

UK and France agree cross-border industrial partnership

The partnership will be continuously monitored through the annual dialogue between the UK Department for Business and Trade and the French Directorate-General for Enterprise.

07/15/2025

Eastern Caribbean Court of Appeal delivers key ruling concerning directors' duties and creditor protection in the British Virgin Islands

The COA rejected the suggestion that only a loss to the company, which was a separate legal entity to the body of creditors, would trigger compensation.

07/15/2025

Businesses must ensure robust safety strategies following workplace fatality stats

Male workers also continue to account for 95% of all fatalities at work.

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