09/15/2020
Consultation Paper on Guidance for Custodians of Open-ended Collective Investment Schemes with Indirectly Held Assets
The following relevant legislation is posted and reproduced with the consent of the States of Guernsey.
09/15/2020
The following relevant legislation is posted and reproduced with the consent of the States of Guernsey.
09/15/2020
New Regulations have been made (10 September 2020) bringing self-managed funds within scope of Guernsey's economic substance requirements.
09/15/2020
Initially, the role of Jersey's pensions industry in helping the island achieve this target may seem unclear.
09/15/2020
The release of the Guidance follows a period of industry collaboration and demonstrates the Cayman Islands’ continued commitment to a reputable economic substance regime in line with global standards.
09/15/2020
Regulator Marco Zwick on efforts to strengthen supervision after years of criticism
09/14/2020
The Financial Intelligence Analysis Unit (FIAU) in Malta has fined the now-closed MPM Capital financial services firm a record €1.18m for operating as an unlicenced payment services provider.
09/14/2020
With effect from 17 July 2020, Jersey now possesses a statutory regime allowing non-Jersey limited partnerships to migrate into Jersey.
09/14/2020
The Bahamas’ score for its size of government increased from 8.1 out of 10 last year to 9.1 this year — the second-highest score of the list; only topped by Guatemala, which received a score of 9.51.
09/11/2020
Such binding regulation would then mean that cooperation and information exchange across the EU single market “is no longer the exception, but the rule”, the EBA said.
09/11/2020
The premier added that staycations are working “remarkably well” and people are spending lots of money in bars and restaurants.
09/10/2020
The breaches demonstrate Lumiere has failed to comply with the legal and regulatory regime operated in Jersey.
09/10/2020
The unit has already been informed about the two firms whose licences have been revoked.
09/10/2020
Solicitors Regulation Authority has spent at least two years scrutinising firm
09/10/2020
The funds are asking for the return of management fees, director fees, consulting fees, certain operational expenses, audit fees and costs from BDO USA.
09/09/2020
Since the changes were brought in, the island has carried out more than 63,500 passenger tests, finding just 46 positive cases.
09/09/2020
Changes in regulatory requirements reach off-shore destinations
09/08/2020
The governor said that it is crucial to address this speculation, which is dangerous if it becomes a reality.
09/08/2020
The guidelines primarily cover the procedural rules that may be adopted and applied for regulating communications between courts, including joint hearings.
09/08/2020
The law, which is now titled VI Gaming and Betting Control Act, 2020, proved controversial during debate in the House of Assembly, with some members sharing concern about the potential negative effects on society.
09/08/2020
Malta’s lucrative financial services industry and its international ranking has suffered another blow as the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has downgraded the island’s standing to “