06/19/2019
The commitment announced today will increase further transparency and accessibility whilst maintaining high standards of accurate, up-to-date, verified information.
06/19/2019
The Crown Dependencies (Jersey, Guernsey and the Isle of Man) have announced a joint policy commitment as to “ultimate beneficial ownership” information.
06/19/2019
In recent months, tax advisories such as EY and Smith & Williamson noted that Dominica's CBI Programme is not a risk to tax reporting either.
06/19/2019
The European Union anti-money laundering rules say that a public beneficial ownership register is essential in the efforts to combat the misuse of shell companies to hide money.
06/19/2019
The Brexit movement ignores these facets of Singapore’s experience and focuses on the opacity of its financial system instead, privileging the flaw at the expense of the features.
06/19/2019
Jersey, Guernsey and the Isle of Man said in a joint statement they would bring forward legislation for public access to a central register within 12 months of an EU anti-money-laundering review which is due in January 2022.
06/19/2019
In many cases, the board meetings happen in Mauritius, directors are in Mauritius but the control and management is actually not in Mauritius.
06/18/2019
Among the Canadian captives being formed in Bermuda could be the first to manage cannabis-related risks, with the drug having been legalised in Canada.
06/18/2019
This feedback gave me clear ideas on how Jersey Finance can improve engagement with our diverse membership base.
06/18/2019
Accordingly, for certain tax exempt investors in the UK or elsewhere this may be a very attractive option and allow a traditional tried and tested method of UK real estate holding to continue.
06/18/2019
The questions in this Guide should be considered to determine whether the substance test applies to a company and whether that test will be met.
06/17/2019
The network is now 25-strong, with Tokyo and Beijing joining last month.
06/17/2019
Guernsey has over 100 regulated trust companies providing the breadth and depth of expertise in the island to hold its own and provide international clients with a one-stop shop for wealth management.
06/17/2019
The ED wants the liquidation to be halted as it is in the midst of establishing the money trail that led to an alleged loan fraud of $1.26 billion (around Rs 8,800 crore) by the company in 2013.
06/17/2019
The Regulations have been in effect since 2009
06/14/2019
The JFSC says updates to the AML/CFT Handbooks for the legal sector, the accountancy sector and for estate agents and high value dealers will follow shortly.
06/14/2019
Regulation of Fiduciaries, Administration Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law, 2000
06/14/2019
The DF Group comprises of DF Consultancy Services Limited, which is approved by the Malta Stock Exchange to act as Corporate Advisor to Prospects companies.
06/14/2019
The rule applies to all forms of property (including shares and intangible property) irrespective of where the deceased died, where they resided during their lifetime, and whether or not they left a Will.
06/14/2019
In the closed-ended sector, the gearing level is lower, with gross asset values of £191.2bn (December 2018: £194.5bn) implying a gearing level of 9.3%.