10/16/2020
Transparency say 30 individuals with pending criminal charges or convictions, and 40 people they classify as “politically exposed persons” were revealed in the leak.
10/15/2020
The FCA’s response, published today, reports that not all firms are informing customers that their current accounts will be closed. It also states that the FCA wrote to banks last week on the importance of being prepared for the end of the transitio
10/15/2020
Combine these, and offshore jurisdictions such as Guernsey become an ideal jurisdiction for property securitisation vehicles looking to make the most of the new opportunities provided by IPSE.
10/15/2020
The States of Guernsey has adopted regulations permitting foreign limited partnerships to migrate or continue into Guernsey using the statutory migration process
10/14/2020
After the EU country came under fire for reportedly selling passports to criminals
10/14/2020
The MOF said the new transaction benefited from the momentum created during a successful virtual investor roadshow that The Bahamas conducted on October 5 and 6, 2020, at which time the Government met with over 45 global investors.
10/14/2020
Switzerland is one of the few countries to actively enforce efforts to combat bribery of foreign officials, according to the latest international comparison by Transparency International. But the NGO warns that the Alpine country still lacks strong whistl
10/13/2020
Accountancy firm had criticised EY for the way it handled fraud allegations
10/13/2020
The case continues against the other Defendants in the case.
10/13/2020
In the current politically driven regulatory climate, managers/promoters in the major US fund centres are increasingly looking for alternative ways to structure investment vehicles suitable for and acceptable to their European domiciled investor base.
10/13/2020
Al Jazeera’s investigation reveals how senior Cypriot officials discussed ways to provide citizenship to a convicted criminal.
10/13/2020
The importance of organisational purpose has been thrown into sharp relief by the pandemic, with the general public keeping a watchful eye on an organisation’s social and environmental impact.
10/13/2020
The JFSC’s enhanced supervision activities over the last two years in respect of banks have required additional supervisory effort and continue to bear higher costs.
10/13/2020
UK Corporate Entities - UK Government publishes Corporate Transparency and Register Reform
10/12/2020
The territory’s secrecy rules have long attracted criminals and secretive companies created there have featured in several ICIJ investigations on offshore finance.
10/12/2020
The Bermuda Monetary Authority registered eight new insurance entities in September.
10/12/2020
Jeremy Cox, the executive chair of the Bermuda Monetary Authority (BMA) is being awarded a Commander of the Order of the British Empire (CBE) as part of the 2020 Queen’s Birthday Honours.
10/12/2020
Technical blueprint would upend taxation of US tech groups but still needs political agreement
10/09/2020
Update prepared by Ed Devenport (Partner, Jersey) and Carly McIver (Senior Associate, Jersey)
10/09/2020
These countries have claimed technical difficulties due to the COVID-19 crisis.