10/28/2020
Company ownership secrecy prevails in Southeast Asia, UN report says
The United Nations Office on Drugs and Crime recommends strengthening reporting of beneficial ownership information across the region to stop dirty money flows.
Regulation, Risk & Compliance
10/28/2020
Vessel Registration in the Cayman Islands
This briefing note summarises the registration process and sets out some of the key reasons for registering vessels in the Cayman Islands.
10/28/2020
Cayman Islands beneficial ownership enforcement manual
The Registrar has stated that it values voluntary disclosure and any such disclosure will be taken into consideration.
10/28/2020
Six Cayman staffers cut in Butterfield ‘structural’ changes
Saunders countered by saying the layoffs were not dismissals, that the posts vacated in Cayman had been moved to another jurisdiction.
10/28/2020
Brexit - The Endgame Approaches
Financial services firms and their counsel entering an important phase as deadline nears
10/27/2020
Guide To Purchasing Property In The Bahamas
The Bahamas has an unregistered land system which is based on the conveyancing laws of England and Wales prior to 1925.
10/27/2020
Accountants to fuel smuggling ring fined €59,000 by FIAU
Baldacchino also audited Oceano Blu Trading, a company that used to be controlled by Italian national Nicola Orazio Romeo, who was also implicated in the ring. Romeo was registered at the same home address as Darren Debono.
10/27/2020
Walkers Jersey team advises on Private Fund launch
The Jersey Private Fund has been formed to take advantage of the manager’s access to private opportunities across different geographies and sectors, and will invest in private growth opportunities globally where the Fund’s capital will help to
10/27/2020
Ireland: Finance Bill 2020
A consultation on the rules is expected next year.
10/27/2020
Competition Authority publishes Business Connectivity Market Review consultation
A more competitive retail market, through the introduction of dark fibre, is likely to lead to innovation of products and rebalancing of prices.
10/27/2020
Watch - National Risk Assessment: Trust Company Business webinar
We have summarised below our responses to additional questions that were received during the webinar.
10/27/2020
Data protection registration in Guernsey from January 2021
Personal data is anything about, or related to, an identified or identifiable living person including names, addresses, medical records, CCTV footage, social media activity, internet browsing history, emails which include content about individuals and pol
10/26/2020
Jersey's BIT with the UAE and reflections on investment treaty practice in non-sovereign autonomous regions
Jersey is set to sign its first BIT with the UAE later this year.
10/26/2020
DeVere Group granted insurance licence by Guernsey regulator
This represents a further positive development for deVere, which continually seeks to grow and adapt in order to meet evolving market conditions.
10/23/2020
Island’s reinsurance leaders discuss challenges
The participants provided keen insight into industry trends and examined the important role Bermuda has to play in the response of the risk transfer markets globally.
10/23/2020
Luxembourg: Draft 2021 budget law presented to Chamber of Deputies
The new legal framework would omit some of the conditions required by the 2014 circular
10/22/2020
Cayman Islands Economic Substance Reporting and Notification
The Cayman Islands Department for International Tax Cooperation (the "DITC") has yet to make available the portal for purposes of the ES Return.
10/22/2020
Data protection: Preparation, planning and privacy is key
This is particularly important with respect to sensitive data or information about children and other vulnerable individuals”.
10/22/2020
Anti-money laundering (AML) program effectiveness
Transforming AML programs to enhance outcomes for law enforcement
10/22/2020
Challenges for Family Offices – and Five Reasons to Consider a Restructure
A FO will ideally want to remain agile and able to stay abreast of change from both within and outside of the family.