Banking & Financial Services Lawyers

Seychelles Transparency Framework: The 2025 Reset

Last year marked a turning point for Seychelles as an international finance centre. The regulatory changes implemented in mid-2025 weren't just technical adjustments—they represent a fundamental recalibration of how the jurisdiction positions itself in the global compliance landscape. For structures already in place and those being contemplated, understanding these shifts is critical. The changes affect the mechanics of nominee arrangements, the responsibilities that flow from them, and ultimately the value proposition of Seychelles vehicles in cross-border planning.

Malcolm Moller

It’s time to bridge Pipa compliance gap

A review of 200 publicly available privacy notices of companies in Bermuda has revealed that just one in nine are fully compliant with the Personal Information Protection Act 2016.

Akira McDonald

Podcast: Digital Assets in Focus: Conference Highlights

In this episode of #TechTalks, the conversation turns to key takeaways from two industry conferences — Consensus in Miami and the Digital Finance Forum in Bermuda — and what they signal for the future of digital assets. Building on themes explored in our previous episode, there is a clear sense of acceleration, with several anticipated developments already beginning to take shape.

Jerome Wilson, George McCallum, Karim Creary

Gatekeepers in Focus: From CARA to LSSA - Cayman’s New AML Supervisor for Lawyers

Anti-money laundering, countering the financing of terrorism, and counter-proliferation financing (AML) expectations and requirements for professional advisers continue to develop globally, and the Cayman Islands has established a new dedicated AML Supervisory Authority for its legal services sector — the Legal Services Supervisory Authority (LSSA). Responsibility for AML supervision of attorneys-at-law now rests with the Cayman Islands Legal Services Council, which has delegated operational supervision to the LSSA. AML obligations for lawyers in Cayman are not new. Legal professionals were previously supervised through the Cayman Attorneys Regulatory Authority (CARA). The LSSA, however, represents a more specialised, risk-focused model tailored to legal practice. For trust and estate practitioners, this signals a shift in how AML risk in legal services will be assessed and overseen.

Martin Byers, Menelik Miller

Transparency is a legal requirement under Pipa

Major companies across the European Union have faced substantial fines between 2019 and 2024, estimated at a total of €930 million (about $1.08 billion), not only for cyberattacks or data breaches, but also for issues such as noncompliant privacy notices. A common theme in many cases has been a lack of transparency.

Akira McDonald

Back to Basics- Disputes Series

COMPELLING THE INNOCENT: NORWICH PHARMACAL RELIEF IN THE BVI Norwich Pharmacal relief can be a key, strategic tool to assist litigants with early-stage investigation where a BVI company is involved in “wrongdoing” that is the subject of ongoing or prospective litigation either in the BVI or abroad.  A Norwich Pharmacal disclosure order in the BVI is typically made against the registered agent of a “wrongdoer” BVI company, unbeknownst to the company itself, compelling the registered agent to provide information and documentation on the company’s directors, shareholders, ultimate beneficial owners and/or assets.  It is a flexible remedy but it typically enables an applicant party to obtain disclosure to identify the protagonists controlling the “wrongdoer” BVI company and details of its assets necessary in order to pursue their claim or to enforce and execute a judgment. Most frequently, relief is given in aid of foreign proceedings where it is needed to properly plead out a potential claim, to support eventual enforcement of a foreign judgment and/or to obtain or police an injunction.

Olwyn Barry, Fay O’Halloran

ENFORCEMENT OF JUDGMENTS: Law Over Borders Comparative Guide 2026 – Jersey

A Jersey guide to how judgments are enforced.

Sam Williams, Olivia Lewis

Arbitrating shareholders’ disputes and beyond – the Mauritian Supreme Court re-affirms its non-interventionist and pro-arbitration stance

On 08 May 2026, the Mauritian Supreme Court, sitting as the panel of Designated Judges appointed under the International Arbitration Act 2008 (IAA), delivered an important judgment in Intermediate Investment Holdings Ltd v Imevbore & Ors 2026 SCJ 186 (IIHL Case). The Supreme Court declined to award costs sought by the Respondents following the Applicant’s withdrawal of an application for an interim injunction.

Sharmilla Bhima, Nivedita Patten

Outsourcing considerations for Bermuda insurers

As Bermuda insurers engage with third-party service providers to support their business functions, the Bermuda Monetary Authority has clarified its regulatory expectations surrounding outsourcing arrangements and operational resilience.

Aleisha Hollis