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Entering and Exiting Bermuda for Visa-Controlled Nationals

The practical implications of these updates are that travelers whose country is listed must present an MRV for the UK, US or Canada to enter Bermuda.

Guide to Funds in Guernsey

Economic substance requirements that apply to companies now extend to partnerships.

Ogier Global secures Irish fund administration licence

With the newly acquired licence, Ogier Global is equipped to provide an expanded suite of fund administration solutions to its global clientele.

The latest uprating of statutory rates and limits in the UK

Statutory sick pay (‘SSP’) increases from £116.75 to £118.75 with effect from 6 April 2025.

Ethnicity and disability pay gap reporting in the UK

The consultation paper observes that gender pay gap reporting 'has led to greater transparency for employers and employees.

‘Green-bleaching’ risk flagged for EU asset managers

Fund managers electing to market their products as neither Article 8 nor Article 9 funds face only a limited duty to explain to investors

UK defence sector opportunities arise from spring statement

The reforms will include the introduction of a “segmented approach” to defence procurement by the MOD, the Treasury confirmed.

Latham & Watkins Advises Avenue Capital Group in US$2.2 Billion Energy Transition-Focused Asset Sale to Partners Group

Multidisciplinary team represents the global investment firm in transaction involving its Avenue Golden Continuation Fund.

Rights and Liabilities of Limited Partners of Exempted Limited Partnerships in the Cayman Islands

An ELP does not have separate legal personality (unlike a Cayman company) and acts through its general partner.

FCA five-year strategy underscores commitment to building trust in financial industry

The FCA strategy is built on four priorities which support its statutory objectives relating to consumer protection, integrity, competition and growth.

UK government consults on mandatory ethnicity and disability pay gap reporting

This legislative proposal, which was announced in July 2024 during the King’s Speech, is separate from the Employment Rights Bill.

Monitoring preparedness and governance under EU cyber security legislation

Dominique Lensink looks at processes to adopt to help comply with the complex EU framework around cyber security.

Bridging the $51 trillion gap: asset-intensive reinsurance in Bermuda

Many of these private capital AIR structures are domiciled, and have operations, in Bermuda.

Commonhold model ‘poses challenges’ for ‘later living’ providers

Commonhold is a form of freehold property ownership, which enables individual apartments, or ‘units’, within a building or larger development to be owned on a freehold basis.

Interoperability and search considerations draw Digital Markets Act focus

It comes as two important developments were announced focusing on interoperability with Apple’s devices and Alphabet’s compliance with the DMA.

Pensions Regulator publishes overview of the UK’s occupational DC trust-based landscape

This consolidation affects mainly schemes with fewer than 5,000 members and aligns with the Regulator’s initiative to enhance value for money for savers.

SEC Defers Names Rule Compliance Date; Permits Rolling Compliance for Existing Funds

The Release follows the departures of Chair Gary Gensler and Commissioner Jaime Lizárraga from the SEC.

ECJ Ruling on Automated Decision-Making and Data Subject Access

This decision has substantial practical implications, as companies, including those within the insurance sector, increasingly integrate artificial intelligence (AI) into their decision-making processes.

UK Stewardship Code Consultation: Proposals and Projections from the PPF and PLSA

The PPF and PLSA agree with many of the points raised – both proposing identical amended definitions for stewardship – yet there were also specific differences in their feedback.

New Saudi Arabia beneficiary owner rules will enhance corporate transparency

The new regulations, aimed at the identification and disclosure of UBOs of companies operating within the Kingdom

Government Regulation