08/06/2020
The regulatory investigation arose from a 2014 cyber fraud incident perpetrated on BOIPB resulting in a finding that BOIPB had not applied adequate cyber security arrangements.
08/06/2020
The Registrar will grant the deregistration as of the date the documents are filed, provided that all documents are in order
08/06/2020
The episode British Overseas Territories adopt public ownership registers – is this the end of privacy as we know it?
08/05/2020
The judge in Bellinzona, however, ruled that it was up to the judge in Spain to decide whether the documents show a relevant criminal connection.
08/05/2020
The key change to the Guidance Notes was the inclusion of detailed sector specific guidance for each of the relevant activities.
08/05/2020
The issue came about as Wan Aizuddin was questioning Shahrol on Abu Dhabi Malaysia Investment Company (Admic) Ltd, a company which was originally registered as Malaysian Abu Dhabi Investment Company (Madic) on March 5,2013.
08/04/2020
LAW is advising businesses that while it is their responsibility to make changes as soon as they become aware that an employee has a disability, they should not wait for individuals to ask for changes to be made.
08/04/2020
The Convention on International Interests in Mobile Equipment and the Protocol on Matters Specific to Aircraft Finance (the Cape Town Convention) has been extended to the Cayman Islands.
08/04/2020
For inter-group transfers, you could also consider Binding Corporate Rules, remembering that these must be approved in advance of any transfers by the JOIC.
08/04/2020
This is in line with the position taken by the Financial Action Task Force (“FATF”) – the intergovernmental body whose Recommendations are the accepted international standard on AML / CFT – and followed by many other regulators aro
08/03/2020
Tucked into the sprawling defense authorization bill are measures to create a corporate ownership registry, which would plug one of America’s glaring gaps.
08/02/2020
Defeat of bill shifts decision to Privy Council, British government
07/31/2020
Leonteq and Banque Internationale à Luxembourg SA (BIL) have initiated a partnership for the issuance and distribution of structured investment products.
07/31/2020
CBILS will continue to be an important lifeline for firms, especially as some have fallen through the gaps of relief schemes that are now winding down.
07/31/2020
This support will take the form of a reimbursement scheme, as it did in the first phase
07/31/2020
Indemnities can be inappropriately drafted so as to be either too broad or too narrow in scope.
07/31/2020
The JFSC also had further discussions with individual firms, trade associations and technology providers. The main findings from the working group are:
07/31/2020
The former head of research at the Caribbean Development Bank added that this could be done through a digital platform that would allow for the ease of trading of the securities “where anyone can go onto their phone and sell their security, receive
07/31/2020
The BVI Court generally processes grant applications within 12-16 weeks of the submission of the application, but more complex cases will take longer.
07/31/2020
HM Revenue & Customs (HMRC) has ramped up investigations against the wealthy, as it seeks to show its commitment to battling sophisticated tax evasion.