01/11/2022
SEC charges another Cayman ICO issuer
Last year, two of those investors sued Crowd Machine and its Cayman-based affiliate Crowd Machine SEZC, alleging “a massive investment fraud” in relation to the cryptocurrency start-up’s Cayman token offering.
01/11/2022
Entities which can apply for registration include the trustees of Jersey trusts, Jersey foundations, Jersey companies, fidéicommis and 1862 Associations.
01/11/2022
Obtaining a Grant of Probate in the BVI
The effect of the shares not being transferred means that any assets of the Company, whether theyare real estate or an investment account, will not be accessible to the heirs for their use.
01/11/2022
US and Malta agree joint crackdown on pension plan abuse
This came to light after both authorities found that US taxpayers with no connection to Malta were misconstruing the pension provisions of the Treaty to avoid income tax on the earnings of, and distributions from, personal retirement schemes established i
01/07/2022
A registered entity will be in scope of the Substance Act and subject to the ES Requirements if it conducts a relevant activity.
01/07/2022
The rules will also increase transparency around the use of shell entities for tax authorities with greater information exchange protocols.
01/06/2022
In line with the CFATF Procedures for the Fourth Round of Mutual AML/CFT Evaluations, the country has reported back to the CFATF on the actions it has taken since its mutual evaluation and its 2nd Enhanced Follow-up Report.
01/06/2022
In line with the CFATF Procedures for the Fourth Round of Mutual AML/CFT Evaluations, the country has reported back to the CFATF on the actions it has taken since its mutual evaluation and its 3rd Enhanced Follow-up Report.
01/04/2022
No surprise that the new regulations also limit the ability of foreign investors to acquire stakes in firms deemed important for national security.
01/04/2022
The screening criteria are founded upon tax transparency, fair taxation and implementation of OECD anti-BEPS minimum standards including economic substance requirements for zero-tax jurisdictions.
01/04/2022
Authorities in the two South Asian countries are actively investigating offshore account holders exposed in the leak.
01/04/2022
In addition, Jersey will continue to engage with the EU institutions and Member States on a range of important issues in line with our good neighbour policy.
01/03/2022
Central Bank issues directive to give banks more contingency leeway
01/03/2022
It is expected to offer a rare window into the secret haul of hidden wealth by the Moi-era power men.
01/03/2022
There are no fixed rules or a minimum population required for city status. It is officially granted by the Queen on the advice of the government ministers.
12/29/2021
These partnerships have moved St Kitts and Nevis ahead of Mexico and Israel, leveling with Barbados for the number one passport in the Caribbean region and 24th globally.
12/29/2021
This project follows discussions last year with the country’s Ministry of Finance and Clearing Banks about reducing the use of checks and cash in the Bahamas over the next five years.
12/29/2021
Chris Cardona-linked Insignia Cards ordered to restrict its operations
12/27/2021
The Core Standards are intended to be applied in a unified manner across all listed companies, and so derogation from any of the Core Standards will not ordinarily be available.
12/27/2021
The proposals will mean that several Island businesses that are not currently subject to registration or notification requirements will need to register with us, or notify us about their activities in the future.