Regulatory & Compliance

Conyers can help your organisation meet the requirements of the ever-changing regulatory environment. Our experience in multiple offshore markets allows us to identify regulatory trends and provide you with strategic and commercially-based advice on how to navigate them.

Our regulatory lawyers advise financial institutions and businesses on regulatory matters under the laws of Bermuda, British Virgin Islands and Cayman Islands. We have built strong relationships with regulators, tax and enforcement agencies, including the Bermuda Monetary Authority, the BVI Financial Services Commission and the Cayman Islands Monetary Authority, in addition to being involved with legislative and financial service working groups and trade associations.

Conyers has an excellent litigation team that regularly advises on regulatory disputes including disclosure/restraint orders, investigations and regulatory enforcement action.

We regularly advise a wide range of clients and institutions in banking, insurance and reinsurance, , trustee and fiduciary services, family offices and investment funds.

Conyers’ regulatory legal services include:

• Anti-money laundering (AML)/Anti-terrorist financing (ATF)
• Economic substance
• Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS)
• Beneficial ownership
• Tax information exchange requests
• Cybersecurity and data protection
• Regulatory compliance
• Preparing for regulatory inspections
• M&A due diligence support and regulatory approvals
• Risk management
• Business continuity
• Anti-corruption and corruption
• International sanctions obligations
• Licensing
• Fintech regulation
• Litigation

Our affiliated licensed corporate and trustee service company, Conyers Client Services, is able to provide the following client services to entities under our administration:

• Drafting policies, such as data protection, AML and CRS policies
• Preparing financial statements
• File reviews for regulated entities
• Remediation projects
• CRS/FATCA filings
• AML/ATF independent audits
• Money Laundering Reporting Officer duties

Learn more about the comprehensive regulatory compliance services offered by:

• Bermuda Regulatory & Risk Advisory Group
• Cayman Islands Regulatory & Risk Advisory Group
• Conyers Governance (Cayman) Limited
• Asia Regulatory & Risk Advisory