03/10/2021
The new joint venture will accelerate feature development of the industry-leading regulatory technology, SILO Compliance System, and aims to expand its market reach through BDO's sales channels and customers.
03/09/2021
The fines have been getting bigger for organisations, and in Guernsey, an individual has faced fines too.
03/09/2021
The IPO is the largest ever listing for a Russian retailer and the largest Russian IPO since 2014.
03/09/2021
Publication of a joint statement of the European Supervisory Authorities with respect to the application of SFDR
03/09/2021
The French Government has imposed a number of sanctions on blacklisted countries, including applying withholding taxes at a higher rate on financial transactions involving blacklisted countries.
03/09/2021
The head of Jersey’s financial watchdog has said that a disgraced fund manager’s attempts to start a new venture in Jersey have led to the impression that the island can be used as a “back door."
03/09/2021
In the reporting period between 2019-2020, the FIUTT adjusted its supervisory activities due to the challenges of COVID-19.
03/09/2021
The amendments include the removal of the Cayman Islands from the list of equivalent jurisdictions
03/08/2021
Jersey financial regulator attacks Neil Woodford’s relaunch plan
Channel island vows to uphold strong protections for fund investors
03/08/2021
The move does not directly impact doing business with or through the Cayman Islands. But being placed on the FATF’s so-called grey list is a blow to Cayman’s reputation as a financial centre.
03/05/2021
Anti-money laundering: Cayman is held to a higher standard
The move does not directly impact doing business with or through the Cayman Islands. But being placed on the FATF’s so-called grey list is a blow to Cayman’s reputation as a financial centre.
03/05/2021
Trust company fined $835,000 for opening ‘gateway to possible money laundering’ in Angola
An investment scheme involving tycoon Jean-Claude Bastos de Morais exposed in ICIJ’s Paradise Papers investigation bore “obvious” risks of possible corruption, a Jersey court finds.
03/05/2021
Missing the mark? Why the future of beneficial ownership rules hangs in the balance
The onus is not on the individual but on the government to make the case.
03/05/2021
Isabel dos Santos’ Maltese consulting firm served with $230,000 tax bill
The Angolan billionaire’s company had “no intention” to carry out economic activity in Malta, the island nation’s authorities said.
03/05/2021
The inclusion of the Cayman Islands on the Monitoring List has no direct consequences for investors or clients using Cayman Islands structures.
03/04/2021
Skipton International welcomes Stamp Duty Holiday extension
The holiday allows overseas resident purchasers to generate as much as a £15,000 saving on a property purchased at £500,000.
03/04/2021
Cyprus to lift veil of secrecy with register of company owners
Experts predict some companies will shift jurisdiction rather than reveal their beneficial owners.
03/04/2021
Ocorian’s global operations and services are highly complementary to Platinum’s offering
03/02/2021
This will be a big test, to see if it sparks a rise in cases of Covid-19 and to see how effectively we can find them and control them.
03/02/2021
EBA Revises Guidelines on Money Laundering
The Guidelines are central to the EBA’s work to lead, coordinate and monitor the fight against money laundering and terrorist financing.