07/16/2021
Data protection regime introduced in the BVI
Limited partnerships without legal personality should also prepare for the DPA as they may fall within scope by virtue of being 'established' in the BVI.
07/16/2021
This will commonly be some form of serious bad faith or impropriety on the part of the director, causatively linked to the applicant unnecessarily incurring costs in the litigation.
07/16/2021
GFSC Director General William Mason said: “We were happy to see the Guernsey Green Funds regime working to protect investors from greenwashing and to be able to take on board feedback by liberalising a couple of aspects of the reporting regime to re
07/16/2021
Businesses will need to keep abreast of developments or enlist the support of a third party who can keep them informed, or even handle compliance obligations on their behalf.
07/16/2021
For the avoidance of any confusion, it does not discuss the recent adoption of intra-EEA controller to processor standard contractual clauses under Article 28(7) of the GDPR.
07/16/2021
US flags Maltese pension plans as ‘potentially abusive’
Government body warns they may be facilitating tax avoidance
07/16/2021
In that sense, these changes support Jersey Finance’s 2030 Vision and overall strategy for sustainable finance, ensuring that Jersey plays its part in the global transition to a more sustainable finance system.
07/16/2021
The development will support companies seeking to scale and grow their venture into Asia-Pacific by offering through their international business expansion experts, serving as a central point of contact across services.
07/15/2021
Recent Updates of the Cayman Islands Economic Substance Regime bring certain partnerships into scope
This expansion of the regime’s scope necessitated amendments to certain key terms in the Schedule to the ES Act (e.g. broadening of the definitions of “entity” and “relevant entity”) and the addition of new terms.
07/15/2021
Economic substance for the British Virgin Islands
The Act applies to existing entities and new entities incorporated or formed from 1 January 2019.
07/15/2021
Walkers Professional Services is available to assist entities to file economic substance declarations where required under the ES Act.
07/15/2021
The changes will be introduced on a staggered basis, beginning with larger employers.
07/15/2021
The bonds were settled using Replexus’ unique ILS Blockchain.
07/15/2021
This means that where an individual held shares in a company incorporated in the BVI, the grant of representation will be required in order to deal with those company shares.
07/15/2021
Other notable developments include the CSSF’s updated guidance on granting loans to the public and updates to its UCITS and AIFM FAQs, the publication of a Circular on remote working as well as further EU sustainable finance developments.
07/15/2021
The Revenue Service will now have the power to enter any business premises to inspect the premises and any documents therein.
07/14/2021
Leading financial crime expert warns that Malta faces a 'difficult road ahead'
07/14/2021
IGI Europe is authorised by the MFSA to write a full suite of IGI products and will exercise passport rights across the European Union (EU) and European Economic Area (EEA).
07/13/2021
The new amendment specifies that investment fund business doesn’t count toward “relevant activities.”
07/12/2021
The Updated Guidelines list a number of steps that the Board should take in order to meet the necessary standard of governance and oversight.