10/13/2020
The importance of organisational purpose has been thrown into sharp relief by the pandemic, with the general public keeping a watchful eye on an organisation’s social and environmental impact.
10/13/2020
The JFSC’s enhanced supervision activities over the last two years in respect of banks have required additional supervisory effort and continue to bear higher costs.
10/13/2020
UK Corporate Entities - UK Government publishes Corporate Transparency and Register Reform
10/12/2020
The territory’s secrecy rules have long attracted criminals and secretive companies created there have featured in several ICIJ investigations on offshore finance.
10/12/2020
The Bermuda Monetary Authority registered eight new insurance entities in September.
10/12/2020
Jeremy Cox, the executive chair of the Bermuda Monetary Authority (BMA) is being awarded a Commander of the Order of the British Empire (CBE) as part of the 2020 Queen’s Birthday Honours.
10/12/2020
Technical blueprint would upend taxation of US tech groups but still needs political agreement
10/09/2020
Update prepared by Ed Devenport (Partner, Jersey) and Carly McIver (Senior Associate, Jersey)
10/09/2020
These countries have claimed technical difficulties due to the COVID-19 crisis.
10/09/2020
Each investor controls their own information in a profile, which, once approved, they can connect to their investments and service providers like a “passport”.
10/09/2020
“The FinCEN Files illustrate the vast scale of the problem,” Šuica said.
10/08/2020
No Swearing Please – Ireland Updates its Rules on Written Evidence
The Act is an omnibus one and addresses various matters, however this advisory focuses on the introduction of statements of truth into Irish law for the first time.
10/08/2020
It also appeals to multilateral development banks to be more flexible in their treatment of the impact of COVID-19 so that countries have easier access to financing.
10/07/2020
Offshore policy wrappers offer some real solutions to some of the potential issues with investing offshore.
10/06/2020
But behind the scenes, it used client money for personal expenses by borrowing from clients under the guise of investments and onboarding new clients to repay the existing ones.
10/06/2020
The topic: financial empowerment through education advocates this year for the resilience of ECCB´s members in order to counterattack stressful economic events such as unemployment, divorce, disability and health issues.
10/06/2020
The Court held that it is not bound to determine value based only on a hypothetical sale on the open market
10/06/2020
The breach is in connection with the handling of Venezuelan client relationships.
10/06/2020
The bank is no stranger to such allegations, having squandered its reputation in a string of lawsuits brought against it for allegedly laundering $881 million for Mexican drug cartels.
10/06/2020
This CDTA will come into force after being approved by related authorities of both sides.