04/26/2021
The changes will introduce new asset classes with various sub-classes, such as loans and alternative investments including hedge funds and private equity, with the aim of providing more granular information to further differentiate the risks presented and
04/26/2021
It was further pledged that it would ensure law enforcement agencies have full and effective access to beneficial ownership information for companies and other legal entities registered within Malta.
04/26/2021
The Regulations set out the information a registered private fund must provide to CIMA, including in respect of each of the fund’s related fund entities, alternative investment vehicles and sub funds.
04/26/2021
To develop a five to ten year Economic Strategy for the island.
04/26/2021
The Committee may agree recommendations, propose a different grade for a post (taking into account the position of relevant committees) or refuse new or replacement appointments.
04/26/2021
The fund manager will takShe was then sworn in as an Advocate of the Royal Court in August 1968. e from almost all investment classes and products to pursue his strategy.
04/23/2021
The Fund was established in 1999 to provide a crucial financial safety net of up to $50,000.00 for Bahamian dollar depositors in the event that a licensed bank fails.
04/23/2021
This latest share issuance is the first under this new Placing Programme.
04/23/2021
£140000 fine against Standard Chartered Guernsey subsidiary
The Commission considered it reasonable, proportionate and necessary to make these decisions having concluded that the Licensee failed to fulfil the minimum criteria for licensing (“MCL”), under Schedule 1 of the Fiduciaries Law, which set out
04/23/2021
The introduction of the two new routes for registration (neither of which require a Guernsey licensed manager) will be of particular interest to private capital
04/23/2021
Investigation reveals millionaires were given passports despite not meeting the conditions
04/22/2021
Memorandum of Understanding inked at virtual event organised by Blockchain Association Singapore
04/22/2021
Mr Beak added that Sure was unhappy with how the investigation had been handled, saying it had been conducted in a "manifestly unfair" way.
04/22/2021
Those business with energy or land-intensive operations, or those with investments in these sectors, will find that a climate change risk assessment will show how exposed they are to both the physical and economic risks of climate change.
04/22/2021
It is also proposed that advertising restrictions applied to Personal Fiduciary Licensees will be repealed and such activity brought under the applicable provisions of the Fiduciary Rules.
04/22/2021
A third path will enable a PIF to be created as a bespoke private wealth structure requiring a family relationship between investors.
04/21/2021
The company also neglected to “implement adequate internal control procedures to protect the scheme members from any financial losses” and “failed to ensure that the individual member accounts are adequately liquid at all times”.
04/21/2021
All currently registered PIFs continue to be registered under the current “Path 1” regime which remains available to those wishing to raise money from broader categories of investor.
04/21/2021
The extension relates only to the FAR forms for Private Funds. For the avoidance of doubt, FAR forms relating to open-ended mutual funds registered under the Mutual Funds Act (Revised) must still be filed within six months of the relevant financial year e
04/21/2021
A key recommendation is for the island to develop a more robust skills base across the public and private sectors to 'identify, investigate and supervise compliance with terrorist financing requirements.'