04/21/2021
A key recommendation is for the island to develop a more robust skills base across the public and private sectors to 'identify, investigate and supervise compliance with terrorist financing requirements.'
04/21/2021
The changes provide for two new categories of PIF, neither of which require a licensed manager.
04/20/2021
Fight against money laundering 'not a sprint but a marathon'
04/20/2021
Executive Director, Sherman Taylor serves on the board of a number of ILS vehicles registered in Bermuda.
04/20/2021
“It will require significant staff training, vendor education and awareness, and the establishment of new functions such as a tribunal to handle disputes.”
04/19/2021
The investigation into ABN started a year after fellow Dutch bank ING paid a record fine of 775 million euros to settle a similar case.
04/19/2021
This whitepaper sets out to uncover the impact of Brexit upon the UK’s AML laws and what these changes mean for regulated businesses in the UK.
04/19/2021
Businesses have been provided with specific guidance to make your RTW space as safe as possible.
04/19/2021
The Cayman Entities affected include all legal persons that are registered with the Cayman General Registry i.e. companies of all kinds and limited partnerships.
04/16/2021
The IFT is the UK’s leading membership organisation for turnaround experts.
04/16/2021
Walkers was led by Bermuda partners Peter Dunlop and Natalie Neto, supported by Senior Associate Rachel Nightingale.
04/16/2021
Regulator holds virtual meeting with more than 500 CSPs
04/16/2021
The delay is due to the ruling in relation to the Adams v Carey case as announced by the Company on 1 April 2021.
04/15/2021
Mr Steward addressed how seriously the FCA takes this crucial area of regulatory focus and reiterated the requirement for firms to have in place systems and controls that are purposeful and efficient in managing financial crime risk.
04/15/2021
The application involved both Guernsey legal and regulatory aspects, as well as dealing with US Counsel in order to ensure the migration into Delaware.
04/15/2021
These obligations are expected to come into further focus as the European Commission designates additional high-risk third countries in response to the FATF expanding its list of monitored jurisdictions.
04/15/2021
The BMA also approved Kettle as an innovative intermediary and BGC Re (Bermuda) as an insurance broker.
04/15/2021
Platinum Compliance's regulatory and compliance services will now be also offered by Ocorian as part of an integrated client service offering.
04/15/2021
Board does not see any ‘commercial logic to justify a combination of the two businesses’
04/15/2021
Foreign exchange outflows expected to increase