Keeping an eye out for key industry trends and developments is critical for corporate and finance communications professionals in a rapidly changing environment.

Here’s the Crystal team’s regular snapshot of some of the highlights and points of note from around the jurisdictions this past month…

• IoM: the island is gearing up to introduce tougher rules around e-gaming and financial crime.
• IoM: also in the IoM, Finance IoM published its Annual Report, outlining its achievements for the past year and priorities for the year ahead.
• Cayman: After a six year break, local Cayman TV was relaunched. Compass TV is Cayman’s new home for news, in-depth stories, weather and sports coverage.
• Guernsey: Miami International Holdings, owner of the Bermuda and other national securities exchanges, reached an agreement to buy The International Stock Exchange for £70.4m.
• Luxembourg: Luxembourg for Finance announced that 2024 was a strong year for growth, with 61 new organisations and entities obtaining authorisation/licensing. Meanwhile, assets under management rose 11.5% from 2023 to stand at more than €7.3 trillion.
• Cayman: a new study from the Insurance Managers Association and Cayman Finance has found that the insurance business has boosted the Caymanian economy by $233 million a year.
• EDI in PR: the CIPR published its first EDI progress report, outlining the steps the industry is taking to create an environment where everyone can thrive. The CIPR is the first and only professional body to achieve the National Equality Standard (NES).
• LLMs, data and copyright: reporting from The Atlantic brought to bear the important topic of publishing copyright, in a case where was alleged to be using pirate copies of books to train its AI.
• Messaging security: in another case involving The Atlantic, the sharing of potentially classified information in Signal messages by US officials highlighted the importance of secure messaging.