The Q2 Regulatory Update provides an overview of the main legal developments in the Cayman Islands and the British Virgin Islands from 1 April to 30 June 2024. We discuss the following areas:
Cayman Islands
- Updates on the Beneficial Ownership Regime
- Anti-Money Laundering (Amendment) Regulations, 2024
- Proceeds of Crime (Amendment) Act, 2023
- Insolvency Practitioners (Amendment) Regulations, 2024
- Cayman Islands Monetary Authority Updates
- Perpetuities (Amendment) Bill, 2024
- New Reporting Requirements of the FRA under the Russia Sanctions Regime
- CRS Reportable Jurisdictions
British Virgin Islands
- Consultation on amendments to the BVI Business Companies Act
- Changes to Economic Substance Rules
- 2024 Regulatory Calendar
Click here to access the Update: Caribbean Regulatory Update Q2 2024
Campbells advises both local and international banks, insurers, company managers, trust companies, investment managers, administrators and directors on regulatory and compliance matters. For further information please get in touch with your usual Campbells contact or one of the contacts below.
