09/18/2020
Jamaican Banks Easing Account Opening Restrictions
Due to the need to satisfy local and international regulations, local banks couldn’t facilitate these people who had a desire to join the formal system but lacked the full documentation.
09/18/2020
This guide therefore examines the key Cayman Islands aspects of the creation by a Company of security over its foreign assets under a foreign law.
09/18/2020
The Bahamas Central Bank to Launch Its Digital Currency, the Sand Dollar, Next Month
The Sand Dollar transfers will be made using a mobile-based wallet app on users' phones which will be much easier since more than 90% of the citizens use a mobile phone.
09/18/2020
Third Point Re will own a minority stake in the newly-formed company.
09/18/2020
Cayman Islands law allows a security document to be governed by foreign law and gives the parties the freedom to choose any law they consider appropriate to govern it.
09/17/2020
VP Bank selects AxiomSL for risk and regulatory reporting
Selecting AxiomSL will enhance the value of our investment in regulatory technology, optimize efficiency, and deliver business insights
09/16/2020
The capabilities of the member and collaborating firms of Andersen Global and the organization’s global reach better equip us to seamlessly serve our clients both in St. Kitts and around the world.
09/16/2020
Rachel Graham, Corporate Partner in Harneys London office, advised Vieco 10 Limited as to matters of BVI law.
09/16/2020
This innovative transaction was structured to be bankruptcy remote with a robust covenant structure representing a hybrid between a securitisation and a corporate debt issuance.
09/16/2020
“We apologize for any inconvenience caused by our closure due to Hurricane Paulette and thank all our customers for their continued business and understanding.”
09/16/2020
Jad joined as a partner in Ogier's Luxembourg-based banking and finance team in August, having moved from New York for the role.
09/15/2020
The following relevant legislation is posted and reproduced with the consent of the States of Guernsey.
09/15/2020
New Regulations have been made (10 September 2020) bringing self-managed funds within scope of Guernsey's economic substance requirements.
09/15/2020
Initially, the role of Jersey's pensions industry in helping the island achieve this target may seem unclear.
09/15/2020
The release of the Guidance follows a period of industry collaboration and demonstrates the Cayman Islands’ continued commitment to a reputable economic substance regime in line with global standards.
09/15/2020
Regulator Marco Zwick on efforts to strengthen supervision after years of criticism
09/14/2020
The Financial Intelligence Analysis Unit (FIAU) in Malta has fined the now-closed MPM Capital financial services firm a record €1.18m for operating as an unlicenced payment services provider.
09/14/2020
With effect from 17 July 2020, Jersey now possesses a statutory regime allowing non-Jersey limited partnerships to migrate into Jersey.
09/14/2020
The Bahamas’ score for its size of government increased from 8.1 out of 10 last year to 9.1 this year — the second-highest score of the list; only topped by Guatemala, which received a score of 9.51.
09/11/2020
Such binding regulation would then mean that cooperation and information exchange across the EU single market “is no longer the exception, but the rule”, the EBA said.