07/09/2020
Further to their search powers, police officers can seize any incriminating articles which they believe has been obtained by means of an offence or used in the commission of an offence. Such articles must be produced in court at trial.
07/08/2020
The amendment is significant because it broadens materially the definition of “private fund” under the PFL.
07/08/2020
On 7 July, the Private Funds Law, 2020 was amended changing the definition of a 'private fund' to both clarify the position for certain entity types and to extend its scope to additional entities.
07/08/2020
Findings show that the losses in GDP are approximately two to three times higher.
07/08/2020
The 2020 Regulations also amend the definition of “beneficial owner” in relation to Unit Trusts including to clarify that there will be a “greater than 25 per cent” threshold when determining whether a unitholder is deemed to be a
07/08/2020
Countries that are destinations for these flows, including financial centres in Europe, Asia, America, the Caribbean and Pacific, now participate, said KRA’s Commissioner General Githii Mburu.
07/08/2020
The team works frequently with local government, regulators and industry bodies to develop responses to the challenges of globalisation and regulation, with a focus on producing effective solutions for clients.
07/08/2020
The scope of the Private Funds Law, 2020, which introduced fundamental changes to the regulation of Cayman Islands closed-ended funds earlier this year, has been expanded by the Private Funds (Amendment) Law, 2020.
07/08/2020
The cost of the coronavirus crisis means governments want to reduce tax avoidance by business
07/08/2020
The GFSC has issued a public statement in relation to a local licensee, and two individuals, for failing to fulfil the minimum criteria for licensing under the Protection of Investors
07/08/2020
The reforms are designed to help the Bailiwick maintain an environment where the sector can continue to grow as we recover from Covid-19 restrictions.
07/07/2020
The framework created to enable legal entities to report prescribed economic substance information is now operational.
07/07/2020
The Law will therefore be amended to remove the current Schedule 2A 'non-registrable person' exemption for SFOs
07/07/2020
MFSA CEO JOSEPH CUSCHIERI says the financial regulator is ready to take on a new role that will bolster its investigative and supervisory powers against the problems of financial crime that risk Malta’s greylisting by Moneyval
07/07/2020
Zambia will now try to estimate how much revenue was lost under its tax treaty with Mauritius, which one official described as “not balanced or fair.”
07/07/2020
The regulatory proposals aim to further protect the rights and interests of pension scheme members and beneficiaries while supporting business growth in the pensions sector and ensuring that the framework is proportionate.
07/06/2020
“From 10 July 2020, unless they have visited or stopped in any other country or territory in the preceding 14 days, passengers arriving from the following countries and territories will not be required to self-isolate on arrival.”
07/06/2020
Caribbean nation is hoping the move will click as it tries to get back growth
07/06/2020
The deal, which has been agreed in order to enable the airline to maintain important air links with regional UK airports and a number of European destinations, will also see Blue Islands move its operating base to Jersey.
07/06/2020
The Chinese government, for instance, unveiled its latest stimulus package worth at least 4.5% of GDP at the National People’s Congress on 22 May.