10/22/2021
The Mauritius International Financial Centre remains a competitive and attractive jurisdiction and a domicile of choice for structuring investments in Africa and Asia.
10/22/2021
Cyprus to Revoke 45 Golden Visas Issued Illegally
Because of obvious irregularities revealed by the media and the subsequent criticism by Brussels, it was terminated in 2020.
10/22/2021
Consultation to be held on change to the Probate Law
This would include items of personal property, such as cash, jewellery, clothes and furniture, where the total value is no more than £30,000
10/22/2021
Apex Group signs sustainability partnership with Cricket West Indies
The partnership covers an initial a three-year period with Apex as CWI’s Exclusive Sustainability Partner.
10/22/2021
Panama braces for ‘Pandora Papers’
ICIJ promises to reveal ‘most expansive expose of financial secrecy yet’
10/22/2021
Jurisdictions under Increased Monitoring - October 2021
The FATF does not call for the application of enhanced due diligence measures to be applied to these jurisdictions, but encourages its members and all jurisdictions to take into account the information presented below in their risk analysis.
10/22/2021
FATF Public Statement on Pandora Papers
The FATF has long warned of the dangers associated with networks of anonymous shell companies and legal arrangements.
10/20/2021
JTC Acquires Due Diligence Services firm
This acquisition forms part of JTC’s ongoing strategy of continuously developing their well-established fund solutions capability to add true value to the expertise and services offered to clients.
10/20/2021
This Public Statement has been supplemented by specific guidelines issued by the Luxembourg Stock Exchange (LuxSE) in August 2021.
10/20/2021
The Central Bank's approach in relation to cryptoassets will be kept under review
10/19/2021
In considering the exercise of its discretion under section 4 of the RAPAA, the Court had regard to Bermudian jurisprudence concerning comparable legislative provisions and expressed its approval of the following principles:
10/19/2021
In particular, consideration should be given to the creation of powers of attorney, enduring powers of attorney and heath care, or personal welfare, declarations as a part of proper estate planning.
10/19/2021
The enhancements to the UK fiscal framework will aim to capitalise on the UK's strengths
10/18/2021
The States of Guernsey is investing up to £12.5m into the £37.5m project, which was approved on Friday.
10/18/2021
It is Jacobi’s intention to list the fund on Cboe Europe, one of the largest pan-European equity exchanges, subject to Financial Conduct Authority (FCA) listing approval.
10/18/2021
The money will be used to enhance the agency’s research, expanding its local and global communications and recruiting experienced business representatives in target markets.
10/18/2021
The Walkers team worked alongside Latham & Watkins' London and New York teams and was led by Cayman Islands partners Rolf Lindsay and Andrew Barker, with assistance from associate Sam Francis.
10/17/2021
According to the indictment, a co-conspirator who turned confidential informant and cooperated with the FBI, in October 2018 transferred 700,000 shares of Argus Worldwide Corp to McAlpine
10/15/2021
In this regard, it is important for Cayman Islands entities that process personal data are aware of their obligations under the DPA and are in a position to recognise and adequately respond to a privacy breach or notifications that occur.
10/15/2021
RegTech is the management of regulatory processes within the financial industry through technology.