08/01/2022
Retailers offering credit in their own right will require a licence, but in most circumstances, high street retailers offering credit from a third party lender will not be required to have a licence.
08/01/2022
The Country Director, who frequently travels to the Maldives, praised the economic measures being taken by the government.
08/01/2022
Through this partnership, LEUE & NILL will gain access to Acrisure Re’s extensive broking expertise, access to global markets, as well as actuarial and analytical capabilities.
07/29/2022
The final piece of regulation, RTS Level II, is expected to be approved on July 05 2022 and will come into effect on 1 January 2023.
07/29/2022
The Register will require overseas entities that have a beneficial interest in UK land to declare their beneficial owners or managing officers publicly via Companies House.
07/28/2022
Bermuda is compliant with the highest recognized international regulatory standards, which is a testament to Bermuda’s prudent risk-based solvency framework.
07/28/2022
The IMF has reduced its growth expectation for 2022 to 3.2 percent which is about half a percentage point lower than what it had previously predicted.
07/28/2022
Interest on flexible rate loans and mortgages will, as a result, rise in step with the Fed’s interest rate actions.
07/28/2022
Against the backdrop of the 60th anniversary of Jersey’s international financial services industry last year, the event also acted as a forum to discuss how globalisation is evolving and impacting cross-border financial flows.
07/27/2022
This newspaper was told that Rothschild & Co, in its capacity as the Government’s independent debt adviser, will have multiple tasks and responsibilities.
07/27/2022
The scope and application of established principles and approaches are also being put to the test
07/27/2022
Once the FATF removes the Cayman Islands from its list of jurisdictions under increased monitoring, the EU will initiate its steps to delist the Cayman Islands from its AML/CFT list.
07/26/2022
The services will be delivered by a team of professionals with extensive experience of delivering services to a wide range of structures, throughout the vehicle’s life cycle from incorporation to liquidation.
07/26/2022
This briefing summarises various ways in which the JFSC gathers the information it needs, and outlines the extent of the protections afforded to that information.
07/26/2022
The significance that the JFSC places on compliance with the duty of candour is clear from various disciplinary outcomes over time, and it is therefore important that firms have a good understanding of what this duty requires of them.
07/25/2022
The panel spent most of the time discussing the pros and cons of runway extensions and the progress Aurigny has made in trying to break even.
07/25/2022
Prices have ballooned at grocery stores and gas stations, directly impacting US consumer confidence, which has dropped to its lowest level in more than a year as inflation continues to dampen economic sentiments.
07/22/2022
Regulated entities must ensure that their sanctions compliance programmes remain fit-for-purpose and contain mechanisms that allow them to quickly respond to the complex, far-reaching and swift changes to Targeted Financial Sanctions.
07/22/2022
They were joined by keynote speaker Daphne Romney QC of Cloisters, who highlighted that reporting gender pay gap information was a complex area that needed to be backed up by subsequent action if it was to be effective.
07/22/2022
The government already controls 25 percent of the ECAB, and Browne said “they continue to frustrate the government for years now.