Regulatory

We advise businesses on the full spectrum of regulatory issues relating to Bermuda, British Virgin Islands, Cayman Islands, Guernsey and Jersey law. Our core regulatory and compliance expertise lies in advising financial services clients, including banks, corporates, investment managers, family offices, fund administrators and trust companies along with their investors.

Our lawyers have built strong relationships with industry regulators, including the Bermuda Monetary Authority (BMA), the BVI Financial Services Commission (BVIFSC), the Cayman Islands Monetary Authority (CIMA), the Guernsey Financial Services Commission (GFSC) and the Jersey Financial Services Commission (JFSC), and have a comprehensive understanding of the regulatory environments in each jurisdiction. We also work alongside the respective government bodies and trade associations to help shape the regulatory frameworks and policies.

Our regulatory and compliance services include:

• Anti-money laundering (AML)
• Cybersecurity, data protection and GDPR
• Perimeter advice
• Authorisation and registration
• Disclosure/restraint orders
• Investigations and regulatory enforcement action
• General compliance, including audits and training
• M&A due diligence support and reporting obligations
• Mutual legal assistance (MLA)
• Risk management
• Anti-corruption and sanctions obligations
• Tax information exchange requests (TIEA)
• Taxation and economic substance
• Remediation programmes
• AEOI - FATCA and CRS
• AIFMD
• Beneficial ownership requirements
• Licence applications, exemptions, amendments and surrenders
• Fintech and Regtech regulation