04/13/2021
Caribbean Cayman Regulatory Update - Q2 2021
The Regulatory Update provides a snapshot of the key legal developments in the BVI and the Cayman Islands over the last quarter.
04/13/2021
The Regulatory Update provides a snapshot of the key legal developments in the BVI and the Cayman Islands over the last quarter.
04/13/2021
The plan included the establishment of the UBO registry - an already existing obligation under the EU’s 4th anti-money laundering directive.
04/12/2021
The United Kingdom remains an important trading partner as The Bahamas seeks to expand its trade exports.
04/12/2021
The MFSA also ensures that consumers are protected from scams which, Grech confirmed, with the increased use of technology have become more complex.
04/12/2021
The rise of alternative currencies, particularly digital tokens or cryptocurrencies, continues to channel money outside of the formal economy into digital and informal spaces.
04/12/2021
Guernsey has carved out a strong position as tried-and-tested when finding the right balance between robust regulation and pragmatic solutions which enable the financial services sector to get on with business.
04/12/2021
Walkers has the leading offshore dedicated regulatory team, providing BVI law expert regulatory advice from our offices in the BVI, the Cayman Islands, London and Hong Kong.
04/12/2021
It also concerns the checks and balances of the way the office is operated, to ensure that previously established rules are being followed.
04/12/2021
The rules will be redrafted after consultations
04/09/2021
615 individual Euro currency notes were intercepted by Customs at Maltapost
04/09/2021
No other private sector employs as many Caymanians as finance, and the revenue the next government will need to navigate its way through the next year will come largely from the businesses operating in the offshore space.
04/09/2021
The forum will see Gibraltar share expertise with the self-governing British dependencies Guernsey
04/09/2021
The Company is focusing on the reinsurance of longevity risk, bulk annuity and pension risk transfer.
04/09/2021
The EU’s blacklist has mostly featured small economies like Palau and Samoa though territories more known for offshore business including Panama and the Cayman Islands have featured.
04/09/2021
The session also sought to explain mergers and acquisitions and the impact on an economy, especially in a pandemic.
04/09/2021
The requirements of the economic substance test vary depending on the relevant activities conducted and each relevant entity must make an annual report in order to enable its compliance with the requirements of the economic substance test to be assessed.
04/09/2021
The Code does not create any new substantive rights for employees or offences for an employer.
04/08/2021
This declaration must be filed with CIMA within 6 months of the financial year end of the private fund.
04/08/2021
This year’s big winner is KPMG BVI, who received three awards, including Auditor of the Year, Accounting Firm of the Year, and Insolvency Practice of the Year.
04/08/2021
The BO regime is aimed at improving the exchange of information between Cayman and international regulatory