12/17/2019
Malta posts first budget surplus in 32 years in 2016 as economy surges
Muscat said his government had fixed public finances without resorting to austerity measures, but Malta needed to maintain a prudent fiscal stance.
12/17/2019
Muscat said his government had fixed public finances without resorting to austerity measures, but Malta needed to maintain a prudent fiscal stance.
12/17/2019
This article of the law requires the appointment of two AML/CFT functions
12/17/2019
The Finnish presidency confirmed that the four sanctions have been approved by EU member countries and will be automatically agreed to at the opening of the Council of Ministers meeting.
12/17/2019
Under the new secondary pension legislation, Guernsey employees will have the option to opt out of the scheme, but there will be an obligation on the employer to re-enrol employees every three years.
12/17/2019
The BVI has overhauled many of its financial regulations to avoid being blacklisted by the EU and other international organisations.
12/17/2019
These laws, which became the model for the rest of the newly independent English Caribbean, pleased Canadian banks.
12/13/2019
Canadian banks have been steadily reducing their footprint in the Caribbean region in recent years.
12/13/2019
The article takes a closer look at the reflective loss principle, which is designed to prevent a claimant from recovering damages for loss suffered because the company in which the claimant is invested has suffered loss.
12/13/2019
After due diligence, empaneled investment banker BOBCAPS Ltd had identified ANSA Merchant Bank Ltd as a potential buyer, Bank of Baroda said.
12/12/2019
In September, the Eastern Caribbean Central Bank, with the ECCB Monetary Council, approved the application for the transfer of Scotiabank’s assets and liabilities to Republic Bank.
12/12/2019
Changes to the U.S.’s anti-money-laundering regime also have received support from the White House, which in October released a statement commending the passage of the House bill.
12/12/2019
Global macro-economic uncertainty, regional political disruptions, economic substance rules, beneficial ownership registers, regulatory fines and that’s not the half of it!
12/12/2019
More and more rich people are buying art and stashing it in strange places.
12/12/2019
Given that this jurisdiction has been very popular in business planning for the past 15 years, not everyone can safely leave existing business schemes.
12/12/2019
A unique legal entity, the Jersey foundation is often referred to as a hybrid structure because it blends the attractive features of both companies and trusts.
12/12/2019
The amendments introduce long-awaited changes to the definition of “holding entity” to bring Bermuda’s economic substance laws in line with other jurisdictions such that a holding entity means a “pure equity holding entity”.
12/11/2019
Private banking arm of UK lender admits to hiding more than $1bn from authorities
12/11/2019
NAIC has also reaffirmed Bermuda as a qualified jurisdiction, following the completion of its five-year re-evaluation
12/10/2019
The Cayman Island rules are currently being drafted, in conjunction with the development of the reporting system, and will be published in due course.
12/09/2019
The Cayman Islands Court of Appeal provided guidance on how a holder of management shares must exercise their voting rights in circumstances where the fund is contemplating the cessation of business and a voluntary winding up.