10/13/2021
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.
10/13/2021
It provides a legal framework to ensure any breaches are punished and it’s a role that falls to Ombudsman Sandy Hermiston and her team, who take this function very seriously.
10/13/2021
The Court also commented that full and open discussion is expected between trustee and protector
10/13/2021
ASR’s integration into the Group will enable clients to benefit from Apex’s international footprint
10/12/2021
The Financial Investigation Agency Act, 2003 has been amended to enhance the FIA's supervisory powers in relation to financial institutions
10/12/2021
Notwithstanding this expansion, an investment fund structured as a Cayman Islands exempted limited partnership is exempt from the requirement to meet any economic substance test in Cayman
10/11/2021
In this Update, we examine the administrative fines process and the steps that can be taken in response to a breach notice.
10/11/2021
Trusts have long been the “go to” structure for the holding of family wealth for its protection and for passing it on to future generations.
10/08/2021
The new and amended laws also aim to eliminate inconsistencies between the regulatory laws which should help to create efficiencies for industry and the Commission.
10/08/2021
The declaration will be available from 30 September 2021 for all funds with a July to December 2021 financial year end and from January 2022 for all funds with a January to June 2022 financial year end.
10/08/2021
A scheme of arrangement is a compromise or arrangement made between the target and its shareholders
10/08/2021
Often an acceptable approach is for a notice to be delivered to the corporate administrator acting for and on behalf of each investor
10/08/2021
The industry interpretation of these regulations is such that a private sale would therefore not constitute a sale to the public.
10/08/2021
Although it is the usual situation, there is no requirement that the judgment should be a judgment against the respondent.
10/08/2021
These old offences of champerty and maintenance were first decriminalised in England in 1967.
10/07/2021
FATF and FSRBs conduct peer reviews on an ongoing basis to assess how effectively their respective members' AML/CFT measures work in practice
10/07/2021
Ralf Rickard Danbrandt of Ibex Capital Partners says the leak unfairly punishes innocent people and stresses that holding assets offshore is not illegal.
10/07/2021
As reported by Eyewitness News, the bank’s decision sparked major backlash on social media last week as many customers expressed their outrage and disapproval over the move.
10/07/2021
Often an acceptable approach is for a notice to be delivered to the corporate administrator acting for and on behalf of each investor and the general partner of the fund to upload the investor notice to the fund's investor portal, and to then provide
10/07/2021
Using avenues not available to most people, they park money in trusts, shell companies and holding companies established in jurisdictions that typically offer low taxes and a high level of anonymity.