11/03/2020
FSC releases consultation papers on Robotics and AI as well as Crowdfunding
The consultation paper then goes on to elaborate the substance requirements as well as the risk and governance framework applicable to such an entity.
11/03/2020
The Cayman Islands has been tasked with implementing the Recommended Actions arising from an assessment of the jurisdiction by the CFATF (Caribbean Financial Action Task Force), the regional body of the FATF.
11/02/2020
Lombard Bank fined €340,000 by FIAU over money laundering shortcomings
FIAU finds low level of risk assessment and enhanced due diligence for PEP and voluminous transactions at Lombard Bank
11/02/2020
The Bahamas launches one-year extended stay program
The Bahamas said that not only will visitors be encouraged to enjoy the white sand beaches, incredible blue-hued waters and delicious cuisine
11/02/2020
Pensions problems in OTs raised in House of Lords
State pensions are uprated only if the recipient lives in a country with a reciprocal agreement under UK government policies.
10/30/2020
CIMG, which also owns the Guernsey Press, is a joint venture between Bailiwick Investments Limited and MXC Guernsey Limited.
10/30/2020
GFIN comprises more than 60 international organisations and seeks to support financial innovation in the interest of consumers.
10/29/2020
An overview of the recently introduced CRS Compliance Form and the new DITC portal now with CbCR reporting functionality.
10/29/2020
$10,000 fines approved for quarantine breaches
The law changes, piloted by Health Minister Dwayne Seymour, were approved late Friday on second reading in the Legislative Assembly.
10/29/2020
New version of lawyers bill published
David Collins, president of the Cayman Islands Legal Practitioners Association, welcomed the publication of the new law, but said the organisation had yet to consult with its membership on the legislation.
10/29/2020
Americans are looking for a safe and secure route to alternative citizenship offering a Plan B in the face of unpredictability.
10/29/2020
The impact of European-led initiatives is not limited to the European market.
10/29/2020
Update prepared by Helen Wyatt (Partner, Guernsey) and Jonathan Stevens (Associate, Guernsey)
10/28/2020
The United Nations Office on Drugs and Crime recommends strengthening reporting of beneficial ownership information across the region to stop dirty money flows.
10/28/2020
This briefing note summarises the registration process and sets out some of the key reasons for registering vessels in the Cayman Islands.
10/28/2020
The Registrar has stated that it values voluntary disclosure and any such disclosure will be taken into consideration.
10/28/2020
Saunders countered by saying the layoffs were not dismissals, that the posts vacated in Cayman had been moved to another jurisdiction.
10/28/2020
Financial services firms and their counsel entering an important phase as deadline nears
10/27/2020
Guide To Purchasing Property In The Bahamas
The Bahamas has an unregistered land system which is based on the conveyancing laws of England and Wales prior to 1925.
10/27/2020
Accountants to fuel smuggling ring fined €59,000 by FIAU
Baldacchino also audited Oceano Blu Trading, a company that used to be controlled by Italian national Nicola Orazio Romeo, who was also implicated in the ring. Romeo was registered at the same home address as Darren Debono.