03/30/2022
To assist with ongoing rebuilding efforts in a SERZ, the 2022 SERZ Order continues to provide for the importation of specific construction related materials into each SERZ to be VAT-free and Duty-free.
03/29/2022
The message is clear – investors and institutions value the certainty, stability and expertise Jersey offers in an uncertain landscape.
03/29/2022
Highlighting their risky and speculative nature, the Central Bank warned cryptoassets may not be suitable for retail customers.
03/29/2022
When it came to splitting up their assets, Ms Njeri felt she was not getting her fair share.
03/29/2022
Bermuda was not included in the UKOTs to which the 2019 Russia-UK Regulations were extended.
03/28/2022
The reality is that the lower the level, or better the upgrade, the better the situation for the tourism industry and it will certainly have a positive impact on group bookings as well as general tourism.
03/28/2022
The complaint stated that the two individuals, Ofer Abarbanel and Victor Chilelli, misappropriated investor funds by diverting these monies into shell companies in uncollateralized loan transactions in violation of the Fund's prospectus and in breach
03/28/2022
"In terms of the bailiwick's continued response to Covid-19 and what that's meant for our economic performance"
03/28/2022
There is no BVI legal requirement for the instrument of transfer to contain details of the consideration.
03/28/2022
For similar reasons, it can be advisable to have a Guernsey Will limited to Guernsey assets to avoid paying probate fees in respect of the worldwide estate and release Guernsey funds more quickly, to assist the family and administration in other locations
03/28/2022
Post-termination restrictions are incredibly common in employment contracts for financial services businesses in Guernsey and Jersey.
03/28/2022
Other sanctions lists (eg OFAC, EU, and UN) should also be considered and monitored by all FSPs, VASPs and persons conducting business in the Cayman Islands as they may be relevant but aren’t legally binding in the Cayman Islands.
03/25/2022
Zimbabwe remains in Appendix I as it is listed by other relevant external sources.
03/25/2022
The OECD announcement indicates that the CARF would cover “crypto-assets that can be held and transferred in a decentralised manner
03/25/2022
N Trust was fined following a review earlier this year
03/24/2022
The FIAU strongly encourages subject persons to consult this publication which is accessible on the FIAU website.
03/24/2022
Mauritius Trusts are governed by the Trust Act 2001 which lays out the regulations relating to the creation and administration of Trusts on the island.
03/24/2022
SPs were therefore requested to report a TRN for every pending transaction in addition to the STR/SAR.
03/24/2022
A breakdown of three recent major developments.
03/24/2022
Sanctions are also applied against North Korea over its nuclear weapons programme and against Iran for its nuclear enrichment activities.