10/27/2021
Appleby Mauritius in a concerted effort with the various regulators which included amongst others the Attorney General’s Office, The Financial Intelligence Unit, the Financial Services Commission and the Bank of Mauritius actively participated in fu
10/27/2021
Across jurisdictions, Sanne supports over 200 trainees on their journey to achieve an ACCA qualification
10/27/2021
The definitions of qualified investor and professional investor in the new exemptions are taken from the EU Prospectus Regulation and Jersey’s investment business regulatory regime respectively and are well-known to investors and those who operate
10/27/2021
Chief prosecutor at EPPO flags concerns about lack of reporting in Malta
10/26/2021
Malta bank-to-bank transaction held up for one week until correspondent bank was satisfied that underlying clients are not from Iran or North Korea
10/26/2021
Under the Amendment Bill, the filing of a petition for the appointment of a restructuring officer would trigger an automatic global moratorium on claims against the company, giving it the opportunity to seek to implement a restructuring.
10/26/2021
A powerful tool for companies when facing creditor pressure. In keeping with its creditor friendly regime, the moratorium does not prevent secured creditors from enforcing their security.
10/25/2021
The annual fees are relatively low and a successful applicant will pay US$1,500 per annum for their Certificate (a fee which includes one dependant), with fees of US$500 for each additional dependant.
10/25/2021
She told the online publication, Barbados Today, that in order for an offence to be constituted, you had to have both.
10/25/2021
Congress also increased penalties for violating the BSA.
10/25/2021
The annual fees are relatively low and a successful applicant will pay US$1,500 per annum for their Certificate (a fee which includes one dependant), with fees of US$500 for each additional dependant.
10/25/2021
The New Fiduciary Law will be complemented by revised rules, codes and guidance coming into force on the same day
10/24/2021
Cayman already had a high technical compliance with the 40 standards, even as it was added to the FATF list of jurisdictions under increased monitoring in February 2021.
10/22/2021
The permits will be issued immediately within one month and will have a duration of up to three years.
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.