Balancing innovation and stability: Bermuda Monetary Authority’s stance on affiliate investments
A new approval process for affiliate investments forms a key part of the Bermuda Monetary Authority’s enhanced regulatory regime for long-term insurers and reinsurers.
Updates to the Jersey Private Fund Guide
With effect from 2 July 2004 the Jersey Financial Services Commission (JFSC) has implemented a number of amendments to the Jersey Private Fund (JPF) regime, which seek to improve and enhance the JPF regime and keep pace with developments in the market for private funds.
Bermuda: Good Chance Cat Bond Issuance Hits $20bn in 2024
Significant catastrophe bond issuance at the halfway point of 2024 means it’s already the third highest year in the market’s history, and there’s a good chance it will hit the $20 billion mark by yearend, according to Brad Adderley, Bermuda Managing Partner at global law firm, Appleby.
Bermuda: Crypto Assets in Trusts and Foundations
Published in association with STEP, Crypto Assets in Trusts and Foundations features an in-depth examination of 20 important trust and foundation jurisdictions, shedding light on their respective regulations concerning the holding of crypto assets in wealth management structures.
The Isle of Man Financial Services Authority (IOMFSA) has recently held three consultations relating to the regulation of Virtual Asset Services Providers (VASPs) in the jurisdiction. Here, we take a closer look a the background to VASPs regulation in the Isle of Man and what the future may hold.
High-level overview of Bermuda Monetary Authority’s three-tiered capital system
Insurers and reinsurers are faced with uncertainties relating to the timing and scale of future losses and the risk that the premiums charged and reserves held will be insufficient to cover such losses.
ODPA - Location, Location, Location!
Guernsey’s data protection regulator, the Office of the Data Protection Authority (ODPA) is shortly to move to new premises in St. Peter Port, Guernsey.
This month sees the official launch of Appleby Regulatory Consulting, or ARC for short. Find out more about Appleby's compliance solutions
Bankruptcy & Restructuring – Planning for Failure
The sudden collapse of Lehman Brothers in September 2008 sent shockwaves around the globe. As the largest insolvency in history, Lehman’s collapse was a pivotal moment in the 2007-2008 financial crisis and a startling illustration of the fragility of an outwardly robust institution and system. A failure to recognise and act upon early signs of distress turned what might have been a controlled descent into a freefall.
