Our regular snapshot from the Crystal team of some of the highlights and points of note for finance and corporate comms pros from around the jurisdictions last month…
Channel Islands: Jersey finally announced its preferred operator for its ferry service and signed a deal with DFDS for 20 years, opting to go down a different route to Guernsey. But the saga hasn’t ended there, with Brittany Ferries electing to pursue legal action against Jersey’s government.
Luxembourg: politicians outlined the importance of embracing the AI opportunity at a Chamber of Commerce lunch, with a new report outlining 103 recommendations to propel Luxembourg forward in this space.
Cayman: a number of financial services bills were passed by the Caymanian minority government, largely related to fees and access to beneficial ownership information.
Public registers: public registers of beneficial ownership more widely were also firmly back on the agenda, as Dame Margaret Hodge was appointed as the UK’s new Anti-Corruption Champion
Cayman: Compass Media – which owns the flagship Cayman Compass newspaper – launched a talent search for local Caymanians the opportunity to embark on careers in television, both on and off screen, as part of its strategy to enhance its television output.
BVI: BVI Finance held its 2024 Financial Services Awards, which sought to recognise the leading firms and individuals driving progress in the BVI’s finance space.
Social Media: Tik Tok’s ban in the US still hung in the balance, with Trump looking to step in to try and find a ‘political resolution’ to the situation – US lawmakers had suggested the platform posed a national security threat, unless it was sold to another owner before 19 January 2025.