Managers of Wealth Offshore

Bermuda gets ahead of COVID-19 costs

The government had to purchase medical supplies and equipment. It had to set up quarantine facilities.

Economic recovery plan ‘a matter of urgency’

Another strong area to build on is Bermuda’s position as an “innovative and well-regulated international financial centre”.

Chamber of Commerce View: Challenges and opportunities

As a result, many companies have introduced more flexible working patterns which, in many cases, will lead to property and other cost savings.

Guidance released on common scam attempts

These emails can often look authentic, and may claim that recipients are being offered a rebate for last year’s bills, notification of a new invoice, or that their email application has reached maximum memory and will begin deleting emails.

Market failure

Economist argues globalization has gouged the middle class, propped up elites and given rise to a dangerous brand of populism

Cyprus Denies New Allegations In “golden Passport” Scheme

Cyprus on Sunday denied fresh allegations that it was granting citizenship to foreigners accused of crimes in exchange for millions in investments, insisting that all those who received a passport met all criteria in place at the time.

Bermuda’s budget deficit to “significantly increase”: Curtis Dickinson

Dickinson noted that payroll tax had been $18.2 million higher than was estimated in the 2020/21 Budget.

Mourant Global Funds Update - August 2020

We regularly provide training sessions and updates on market developments

Luxembourg’s Register of Trusts and Fiduces

Fiduciaries and Trustees established in Luxembourg and providing services to express trusts or fiducies established or domiciled in Luxembourg are responsible for completing the information in the RFT

Doing Business in The Bahamas

The chapter also summarises the laws regulating employment relationships and provides short overviews on competition law; data protection; and product liability and safety.

Getting the Deal Through | Equity Derivatives 2020

Cayman Islands law does not restrict the types of entities that may enter into OTC equity derivative transactions.

SME Equity Fund partners with Fundkiss to boost crowdlending in Mauritius

It may be noted that the MAFH is a leading FinTech association that serves to promote the cause of FinTech in Mauritius in a pan-African context and counts Fundkiss as one of its key members.

CFC Rules in Europe

These rules aim to disincentivize businesses from moving their income to low-tax jurisdictions, as it can still be subject to domestic tax, and thus protect the domestic tax base.

ABIR forms data privacy taskforce

ADAPT will support the mission and goals of the Privacy Commissioner and ensure efficient communication between him and key stakeholder groups.

Column: Creating A National Investment Fund

They also craft and implement strategies for realizing value for their Government’s ownership stake in companies in an orderly, and active way over time.

ODPA publishes annual report

The Chair of the Data Protection Authority, Richard Thomas CBE, said data protection "is actually people protection", and lies at the heart of everything.

Covid's Open/Close Cycle Just 'Too Taxing'

Mr Saunders spoke out after the Government permitted banks, insurance companies and the latter's agents and brokers to open from 8am to 5pm as necessary with effect from yesterday to help Bahamians ready for a possible storm.

Updates to the Cayman Islands Beneficial Ownership Regime

Prior to the Amendments, it was the statutory duty of a Company, if required to maintain a beneficial ownership register, to issue a restrictions notice to its own shareholders or members as a means of compelling them to provide information to enable the

Anguilla regulator launches Innovation Office

Establishment of an Innovation Office follows on from the AFSC’S work with stakeholders in the development of the legislation and the regulatory framework for utility token offerings and utility token exchanges.

Registrar told to stop collecting unlawful data

The Registrar was using a blunt instrument to collect data on all company shareholders rather than the lancet the law requires,” said Hermiston in a release about the order.

Regulation, Risk & Compliance