06/08/2017
The introduction of the Law, which will come into force on 1 August 2017, is part of Cayman’s ongoing commitment to increased transparency and its contribution to the global fight against corruption, money-laundering and terrorism.
06/07/2017
Under the Law, investment funds which are regulated under the MFL are classed as conducting relevant financial business and so are required to comply with AML legislation.
06/07/2017
This update is based on the latest available draft legislation on BOSS and other information made available by the BVI Government to the industry.
06/07/2017
The introduction of the government's People with Significant Control (PSC) register on 6 April 2016 has resulted in greater transparency of ownership of UK companies
06/07/2017
The Amendment Law introduced a number of retrospective provisions with the objective of correcting technical issues in the original legislation.
06/06/2017
Scotiabank is on efficiency drive and has previously said that it is creating centres of excellence in the Caribbean as focal points to serve clients.
06/06/2017
Celebrity film scheme to appeal £700m tax case decision
"Innocent investors went in on advice and if anyone has been immoral and unfair it's HMRC," reports UK newspaper the Daily Mail.
06/05/2017
It all has to do with the Odebrecht case.
06/02/2017
The firm’s team of more than 40 professionals handles complex, cross-border matters for many of Europe’s highest-profile and most prestigious funds and transactions.
06/02/2017
The Mourant Ozannes team was led by Felicia de Laat and senior associates Rachel Fowler and Matt McManus with assistance from colleagues in the funds, finance and corporate and other teams.
06/01/2017
Some brief thoughts on the implications of these developments for your business.
05/30/2017
The Canada Revenue Agency says it has “upped its game” and launched dozens of criminal investigations into offshore tax schemes
05/30/2017
Costas Takkas, a former general secretary of the Cayman Islands Football Federation, became the latest official to plead guilty in connection with his receipt and transmission of millions of dollars in bribes paid to Webb.
05/30/2017
The significant efforts that the island and its businesses have gone to to ensure FATCA compliance.
05/30/2017
The Appleby contingent was among 13,000 business aviation professionals from more than 100 countries who attended.
05/30/2017
The amount of security sought was less than the total funding provided to the Claimants by each of the funders.
05/26/2017
The properties were held through a complex ownership structure and the acquisition was structured as a purchase of units in two Jersey Property Unit Trusts.
05/25/2017
Approximately one quarter of all offshore hedge funds established worldwide over the years have been domiciled in the BVI.
05/25/2017
Under its mandate the regulator will focus on the implementation of four key policy areas: senior management oversight policies, control measures, record keeping measures, and staff training programmes.
05/24/2017
The Laws are not yet in force but are expected to be passed in or around June 2017.