Managers of Wealth Offshore

MGA Serious On Money Laundering, Confirms Canceling 18 Operator Licenses

The gambling regulator has also said that it has conducted 597 criminal probity screening tests for both land-based and remote gaming activities.

IRELAND UPDATE: European Commission consults on an EU framework for markets in crypto-assets

The Commission and European Council have jointly declared that they are “are committed to put in place the framework that will harness the potential opportunities that some crypto-assets may offer”.

Belize National Assembly considers “black list” tax legislation

Wіth thе lеgіѕlаtіоn раѕѕеd, thе ѕhоrtfаllѕ аrе wіреd оut аnd thе Е.U. wіll rесоgnіzе Веlіzе аѕ а соореrаtіvе јurіѕdісtіоn.

Panama Papers supply 18.6 million euros

Reported in Belgium Knack, De Tijd and Le Soirthat at minimum 732 names of Belgian residents and residents come in the information breach of 11.5 million papers.

Jersey Finance Launches Family Office Roundtable Event Series

Last month, Jersey Finance hosted the first in a series of roundtable events focussed on family offices.

Costa Rica: All foreign entities must comply with the filing before the Registry of Ultimate Beneficial Owners

Should the obligated entities fail to comply with the filing by January 31, 2020, they will be subject to penalties and fines that may cause a negative impact on any and all interests born in Costa Rica.

Cyprus: New Offshore Substance Rules. Time To Redomicile To Cyprus?

The new BVI legislation that comes into force in January 2020 reflects the EU's new guidelines which have been implemented as a result of OECD guidance and concerns from the EU Code of Conduct Group.

Gibraltar sets out sweeping new financial reforms for 2020

The LRP Regulations do not change the substance of the current legislation they derive from and they remain similar.

Ireland: A Guide To Mifid In Ireland

The Mifid II Regulations implement Mifid II directly into Irish law and do not introduce any gold-plated requirements.

Ogier's Guernsey teams demonstrate strength in complex, cross-border transactions through 2019

Guernsey teams have continued to demonstrate their strength in complex, cross-border and high-value transactions throughout 2019.

ESMA follow-up report on fees charged by CRAs and TRs

The Treasury, in exercise of the powers conferred by section

Singapore, structuring and synergy - how traditional offshore structures are working with Singaporean trusts

Walkers' Singapore office was established a decade ago, and it is clear that the growth in the city state is continuing (you only have to look up to see the cranes).

5 Countries You Need To Have An Offshore Account In

It invests heavily in the research and development of cutting-edge technology, which helps meet the ever-changing needs and preferences of investors.

World Bank approves US$20 million Credit for Grenada’s Transition to a Resilient Blue Economy

The World Bank is committed to expanding its support for the Caribbean’s transition to a sustainable blue economy.”

Control, Simplicity And Collaboration – Offshore Talking Points From The United Arab Emirates

It is now generally understood that tax authorities and regulatory bodies can be expected to have access to private information and this is a changing landscape, but there is still scope to maintain legitimate privacy as against the public at large.

Azerbaijan ruler Ilham Aliyev’s daughters transferred €15 million to Dubai co from Pilatus accounts

Magisterial inquiry report into Egrant allegations: payments made between September 2015 and March 2016, but no evidence found linking transfers to Egrant or the Muscats

JFSC's Strategic Roadmap 2020-2023 and Business Plan for 2020

At the launch of our Business Plan, we will set out our plans in 2020 to move on to the next stage of becoming an increasingly risk-focused and digitally-enabled regulator.

Cayman extends economic substance rules

The notification deadline is provisionally set for March 2020.

Financial watchdog urges Turkey to step up efforts against money laundering

Turkey completed a national risk assessment in 2018.

ESAs publish joint guidelines on AML/CFT cooperation and information exchange under MLD4

The Guidelines also include provisions to structure supervisory cooperation in situations where the conditions for setting up an AML/CFT college are not met.

Regulation, Risk & Compliance