By Anna Gray at BWCI anna.gray@bwcigroup.com “a range of sanctions, including in the most serious cases, substantial fines and imprisonment for criminal offences.” This is a summary only. Legal advice should be sought to understand the position in relation to any specific circumstances. The new duties on employers to auto-enrol staff into a pension scheme… Read More »
Our Commitment: Net Zero Greenhouse Gas Emissions by 2030 BWCI’s carbon footprint reduced by 64% between 2019 and 2021 While BWCI has been adopting principles for sustainability in its business for a number of years, we formalised these in 2021 as part of our climate pledge to achieving Net Zero Greenhouse Gas Emissions by 2030.… Read More »
By Mark Colton at BWCI mark.colton@bwcigroup.com “a laudable direction of travel” Around the world for 80 days Lovers of Jules Verne’s classic will recall how victory was delivered from the jaws of defeat by the gaining of a day as he travelled the globe, crossing the International Date Line (“IDL”) from east to west. Kiribati The… Read More »
By Michelle Galpin at BWCI michelle.galpin@bwcigroup.com “embed climate and nature risks into existing risk management frameworks.” As climate change and nature loss increasingly shape the global financial landscape, the Isle of Man Financial Service Authority (IOM FSA) has issued a comprehensive guidance document aimed at regulated firms, encouraging them to review their risk management strategies to… Read More »
By Amber Buckingham at BWCI amber.buckingham@bwcigroup.com “there may be changes in circumstances” The trust industry is a well-established part of the finance sector in the Channel Islands. Administered by trustees, a trust provides legal separation and protection of its assets from the settlor’s¹ other assets, whilst still enabling the settlor to specify how the trust’s assets… Read More »