The regulatory environment is increasingly demanding and complex for businesses across all sectors. Our approach is to cut through this complexity and provide businesses with a clear path saving them time, money and resources.
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
News and Deals
28 February 2023 | News
Carey Olsen shortlisted for offshore law firm of the year in Asia Legal Awards
20 February 2023 | News
20 lawyers from Carey Olsen's Bermuda, BVI and Cayman Islands offices ranked in Chambers Global 2023
08 February 2023 | News
Carey Olsen promotes new counsel in British Virgin Islands
16 January 2023 | News
Alexa Saunders appointed Head of Trusts and Private Wealth at Carey Olsen in Jersey
11 January 2023 | News
Carey Olsen's Anthony McKenzie named one of the leading lawyers in Chinese market
09 January 2023 | News
Carey Olsen's Bernadette Carey elected to The International Academy of Estate and Trust Law
Briefings and Articles
28 March 2023 | Article
Litigate or arbitrate: The continuing debate
24 March 2023 | Briefing
Recent offshore regulatory updates in the fintech and digital/virtual assets sector
09 March 2023 | Briefing
Legislative and regulatory developments in Bermuda for Q4 2022
17 February 2023 | Briefing
Ten things every VASP should know about the BVI Virtual Assets Service Providers Act, 2022
17 February 2023 | Briefing
Table of Guernsey Fund Structures
16 February 2023 | Briefing
A guide to the Lending, Credit and Finance (Bailiwick Of Guernsey) Law, 2022
Recent video briefings
All change? New data protection law in the Channel Islands
With the GDPR due to be applied from 25 May 2018, moves are afoot to update the data protection laws applicable in Jersey and Guernsey. Carey Olsen looks at the new laws and what businesses should be aware of in preparing for them.