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Ireland
Luxembourg

EBA Third-Party Risk

Following DORA, the EBA is consulting on draft guidelines on third-party risk management for non-ICT outsourced services, which will apply to a wide range of EU financial institutions, including to intragroup arrangements and third‑country providers. Expect tighter governance, a single register, due diligence, third-country safeguards, clear contracts, audit rights, and robust exit plans. Once finalised, there is a two-year transition period. Read more →

Lorna Smith, Philip Keegan, Stephen Carty

03 Oct 2025

Cayman Islands

CIMA Imposes US$270k in Fines for Breaches of AML Regulations

On Monday 29 September 2025, the Cayman Islands Monetary Authority (“CIMA”) imposed administrative fines totalling CI$230,038.72 (over US$270k) on a securities investment business licensee (the “Licensee”) for breaches of the Cayman Islands’ AML regulations (the “AMLRs”). Read more →

Adam Huckle

03 Oct 2025

British Virgin Islands

BVI Beneficial Ownership Regime – key exemptions – dissolved entities

The BVI has significantly enhanced its beneficial ownership regime (“BO Regime”) in 2025, including expanding and clarifying certain exemptions that are available following changes that came into effect on 1 July 2025. This series of blog posts details key exemptions under the BO Regime, with this post looking at dissolved entities. Read more →

Matthew Gilbert

02 Oct 2025

Cayman Islands

Get To Know Our Team – Chris Capewell

Questions & Responses from Chris Capewell Read more →

Christopher Capewell

01 Oct 2025

British Virgin Islands

BVI Beneficial Ownership Regime – key exemptions – equivalent international standards

The BVI has significantly enhanced its beneficial ownership regime (“BO Regime”) in 2025, including expanding and clarifying certain exemptions that are available following changes that came into effect on 1 July 2025. This series of blog posts details key exemptions under the BO Regime, with this post looking at equivalent international standards. Read more →

Matthew Gilbert

30 Sep 2025

British Virgin Islands

BVI Beneficial Ownership Regime – key exemptions – subsidiaries of BVI entities

The BVI has significantly enhanced its beneficial ownership regime (“BO Regime”) in 2025, including expanding and clarifying certain exemptions that are available following changes that came into effect on 1 July 2025. This series of blog posts details key exemptions under the BO Regime, with this post looking at subsidiaries of BVI entities. Read more →

Matthew Gilbert

25 Sep 2025

Ireland
Luxembourg

EU AI Act

The EU AI Act governs the use of AI / AI outputs in the EU. Adopting a risk-based approach, it prohibits certain uses and imposes stricter rules on high-risk applications like employment related decisions. Asset managers will need to implement strong governance, oversight, data controls, staff training, and transparency measures, and will need to map, classify, and monitor AI systems and ensure senior accountability. Read more →

Lorna Smith, Philip Keegan, Stephen Carty

24 Sep 2025

Ireland
Luxembourg

ESMA Reverse Solicitation Guidance MiCA

ESMA’s final guidelines significantly restrict reliance on the reverse solicitation exemption under MiCA. Virtually all forms of marketing, advertising, or promotion by non-EU crypto firms that reach EU clients are considered solicitation. Firms must avoid EU-focused outreach, control third-party and affiliate marketing, and keep detailed records proving that any EU client contact was initiated solely by the client. Read more →

Lorna Smith, Stephen Carty

24 Sep 2025

Ireland
Luxembourg

AIFMD 2.0

AIFMD 2.0 implementation should focus on these core workstreams: reviewing firms’ delegation frameworks, enhancing liquidity management processes, updating fund documents and investor disclosures and communications, and (where relevant) embedding the new loan origination regime. Firms will also need to train staff, brief delegates, ensure robust corporate governance and board approvals, and align procedures and systems with the revised regime. Read more →

Lorna Smith, Philip Keegan, Stephen Carty

24 Sep 2025

QUICK LINKS

Cayman Islands

Cayman Islands Monetary Authority (CIMA)

Department for International Tax Cooperation

British Virgin Islands

BVI Financial Services Commission (FSC)

Virgin Islands International Tax Authority

Ireland

Central Bank of Ireland (CBI)

Office of the Revenue Commissioners

Jersey

Jersey Financial Services Commission (JFSC)

Luxembourg

Commission de Surveillance du Secteur Financier (CSSF)

Luxembourg ACD (Administration des contributions directes)

EU

European Central Bank (ECB)

European Securities and Markets Authority (ESMA)

The Regulatory 15/15 Podcast

Regulatory Calendars

AML/CFT/CPF & Sanctions Training

AEOI and Economic Substance

Assistance with Regulatory Inspections

Regulatory & Compliance Solutions

Disclaimer

This blog is provided for general information only. While we endeavour to ensure that it is current as at its date of publication, it does not purport to be exhaustive, and it may not reflect all legal and regulatory developments at any time. It does not constitute or contain legal advice and does not create any contractual and/or attorney-client relationship. Any reliance on the blog is solely at your own risk and to the extent permitted under applicable law or regulation the Maples Group disclaims any liability for any loss that may arise from your use or reliance on it. If you require legal advice, please reach out to your usual Maples Group contact.