11/26/2021
In order for us to deliver as a high performing regulator, and to continue to meet this new legislation the funding levels have been increased.
11/25/2021
For entities with a different financial year end, the general rule is that the ES Return or TRO Form is required to be submitted within 12 months after the end of the entity’s applicable financial year.
11/25/2021
The registration approval is the first to be granted by the Cayman Islands Monetary Authority under the new Act, and represents a very exciting development in the growing virtual asset and fintech industry in the jurisdiction.
11/25/2021
The Isle of Man Financial Services Authority (the “Authority”) makes this public statement in accordance with powers conferred on it under section 13 of the Financial Services Act 2008 (the “Act”).
11/24/2021
The TR requirements will apply from 1 January 2022.
11/24/2021
The medicinal cannabis industry has been championed by Deputy Neil Inder, President of the Committee for Economic Development, as potentially an important economic sector for island.
11/24/2021
Private equity firms often use complex webs of offshore companies in the Isle of Man, Jersey and the Cayman Islands to take advantage of lower taxation and disclosure requirements.
11/24/2021
The report also shows that there was a high rate of approval of planning applications in 2019 and 2020 (only 131 applications were refused out of 3,081 applications determined) and only 4 appeals against refusal of planning permission were decided during
11/24/2021
Initial discussions have taken place with local pension providers, from which the Committee has determined that there is significant interest in providing the scheme.
11/23/2021
The Gibraltar Financial Services Commission has announced that MCE Insurance Company Limited has entered into administration.
11/23/2021
This is often linked to the scarcity of data provided by portfolio companies – and highlights the need for them to work with asset managers on a consistent, pragmatic but ambitious approach to ESG.
11/23/2021
Section 361A is amended by reference to the Open-Ended Undertakings for Collective Investment Law and/or Alternative Investments Law.
11/23/2021
Dispute Resolution International is distributed to all members of the IBA Dispute Resolution Section, giving it a readership of approximately 4,000. It is published twice a year and was launched in May 2007.
11/22/2021
Lloyd’s of London CEO John Neal was in Bermuda this week meeting regulatory and insurance leaders.
11/22/2021
Credit Suisse settled tax fraud allegations with the U.S. Justice Department (DoJ) for $2.6 billion.
11/22/2021
The Minister also met with the Central Bank of Oman, the Ministry of Finance and the Tax Authority of Oman to "discuss how to develop the Oman-Jersey relationship in a number of areas.
11/22/2021
THE legal ownership of thousands of properties in the UK has been linked to Guernsey by new research.
11/19/2021
Subsidiaries or branches below the revenue threshold also will be required to publish their tax information if they are deemed to exist only to help the group avoid the new reporting requirements.
11/19/2021
Despite all these challenges, there are ways of phasing in regtech so organisations aren’t overwhelmed by the transition.
11/18/2021
The Population Management Office is continuing to encourage individuals and businesses to get in contact with them if they or their employees are reaching their limit under a Population Management Permit.