06/10/2022
While independent from the Jersey Financial Services Commission, it has pledged to work closely with the JFSC to fulfil its goals and recently signed a Memorandum of Understanding detailing how the pair will work together to reduce the risk of financial l
06/10/2022
A comparison of the first quarter of 2022 with the fourth quarter of 2021 indicated that the CPI rose by 1.5 per cent
06/10/2022
Their key feature is that they diversify funding sources and reduce overall costs of funds for large insurance and reinsurance carriers.
06/10/2022
While the Briefing is aimed at NCAs, is non-binding and not subject to any 'comply or explain' provisions, it sets out several key supervisory expectations.
06/09/2022
Minister Ebanks said the insurance amendment proposes to introduce capital redemption contracts.
06/08/2022
On the transactional front, Q1 has been another busy quarter for the BVI office
06/08/2022
The GPG report must be published within six months of the snapshot date
06/07/2022
With debt at more than 3 X global annual output, the resilience of the world financial system and its ability to withstand further shocks is the subject of much debate.
06/07/2022
“Investment business” was broadly defined to mean engaging in one or more “investment activities by way of business” with “investment activities” being those which were set out in a schedule to the IBA.
06/06/2022
Foundation at 12 major international engagements between March and June 2022
06/06/2022
In order for the Registrar to demonstrate the effectiveness of its supervisory framework, it will undertake both desktop and on-site audits of Bermuda entities.
06/06/2022
Appleby is actively tracking these developments, and is advising clients on the legal and practical impacts of these measures.
06/06/2022
Although confidentiality is desirable from the company's perspective, it means that only limited documents and information about the company are publicly available.
06/06/2022
The FSC is confident that the Processing Fees Regulations will foster early bird applications for the VASP licences and registration of initial token offerings
06/03/2022
The ITS and RTS will also clarify the procedure for the communication of the relevant notification file by the relevant home NCA to the host NCAs of the Member States where these activities are envisaged.
06/02/2022
This pension plan is innovative and came about after several years of research working with key tax people in the US and overseas.
06/02/2022
The MOU will also enhance provision of technical assistance, capacity building and exchange of information between the two regulators.
06/01/2022
Due to the relatively low prevailing interest rates, the CBCS's interest income from foreign exchange investments fell again in 2021, this time by approximately NAf 8.8 million compared to 2020.
06/01/2022
Attendees heard discussions on whether traditional trust structures were still fit for purpose in the modern era and discussions on panellists' experiences with fund-like and collective investment vehicles in a private client context.
05/31/2022
The importance and the benefits of carrying out regular independent AML Audits.