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Government Regulation

03/25/2025

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.

03/25/2025

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

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

03/25/2025

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.

03/25/2025

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.

03/24/2025

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.

03/24/2025

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.

03/24/2025

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.

03/24/2025

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.

03/24/2025

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

03/21/2025

Understanding the changes to the Proceeds of Crime Act: Insights from our conversation with the FRA

The discussion explored the significant updates to the Suspicious Activity Reporting (SAR) process in the Cayman Islands.

03/21/2025

FCA U-turns on ‘name and shame’ proposals but confirms other changes for greater transparency

The abandoned proposals were designed to shift its approach to publicly naming subjects of its enforcement investigations, from an “exceptional circumstances” test to a “public interest” test.

03/21/2025

Changes to the BVI beneficial ownership rules: What you really need to know

This mirrors the provisions of the BCA relating to share register errors and is a welcome change.

03/20/2025

Cayman STAR Trusts: A Powerful Structure for Employee Benefit Trusts and Master Insurance Policies

Their perpetuity, neutrality, asset protection and purpose-driven flexibility make them uniquely suited for these applications.

03/20/2025

Facebook posts, discrimination and employment – the Guernsey and Jersey perspective

Guernsey legislation mirrors the language of the English legislation in providing protection from discrimination on the grounds of religion or belief.

03/20/2025

Switching and porting rules under the EU Data Act

Mandatory regulatory content to be included in these contracts is listed in Article 25 of the Data Act.

03/20/2025

Changes to Singapore’s foreign workers laws offer greater flexibility in recruiting and retaining talent

From 1 September 2025, the range of occupations that may be filled by foreign workers will also be expanded to include heavy vehicle drivers, manufacturing operators, and cooks.

03/20/2025

A&O Shearman report reveals Global Antitrust penalties doubled year on year in 2024

Fines on Big Tech alone amounted to almost half of fines worldwide.

03/19/2025

Guernsey: Private Trust Companies and Private Trust Foundations

The board of directors of the PTC may be constituted by family members

03/19/2025

New guidelines from the Office of the Superintendent of Financial Institutions on crypto-asset exposures

The impact of the Guidelines is to exclude most crypto-assets’ direct exposure from the regulatory capital calculation.

03/19/2025

New regulations and regulator signal new era for legal gaming in UAE

This newly regulated gaming market will likely spur innovation, particularly in areas like online gaming.

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