07/02/2020
In relation to the Companies Act, changes are proposed in order to reinforce the concept of beneficial ownership, including identification and record keeping.
07/02/2020
Trusts will need to disclose beneficiares from now, in line with EU rules
07/02/2020
Employers should also be particularly mindful of actively ensuring employees do not work in excess of the maximum limit as recent case law has demonstrated that employers will be liable for breach of the OWT Act, even in circumstances where the work assig
07/02/2020
The authority said on Wednesday that auditing firm Ernst&Young would continue to act as bank administrators.
07/02/2020
Legals and valuations were instructed within 30 minutes with enquiries and undertaking received same day.
07/01/2020
The change, which came into effect yesterday, means that all future company reporting for these 3,000 or so firms will be filed under the Cayman Securities Investment Business Law.
06/29/2020
Stage one of the BMA’s re-opening plan granted access to certain essential personnel based on business need and COVID-19 risk factors.
06/28/2020
The British Virgin Islands (BVI) Government has taken proactive measures which are designed to control, suppress and prevent the spread of COVID-19 in the BVI by restricting access to the BVI, curfews and encouraging social distancing.
06/28/2020
The practical importance of this is that it allows originating process, such as writs and petitions to be validly issued in electronic form at a time when paper filing is not possible.
06/28/2020
It should be noted that the normal protocols for such meetings should be observed as far as possible, and revert back to normal as soon as the threat from the outbreak recedes.
06/28/2020
In particular we will focus on the impact to filings, ability to conduct searches, certificates of good standing, other relevant searches, court sessions, travel restrictions and the implications for Economic Substance compliance and residency.
06/28/2020
The pension provider approved more than 6,000 withdrawals out of more than 9,000 applications. In the first two days alone, BritCay received about 2,000 phone calls, said Neil Wright, BritCay’s pension and life operations manager.
06/26/2020
The ODPA has explained that the extensions have been granted due to the fact that it has taken longer than expected for the States of Guernsey and the ODPA to reach agreement on the method of funding the ODPA .
06/26/2020
In view also of the global challenges, further efforts must be made to safeguard and further expand the interests and competitiveness of the Swiss financial centre internationally.
06/26/2020
The cross-border Ogier team was led by Jersey-based partners Matthew Shaxson and Niamh Lalor
06/26/2020
In recent years, the Bank has extended its support to flour producing company Hadjigiorkis Flourmills
06/26/2020
Bermuda has been relatively successful in containing its outbreak.
06/26/2020
Licensed venues (for example, pubs) will be able to provide an alcohol-only seated service from 01 July, provided the number of cases remains low.
06/26/2020
Regression discontinuity evidence from the EU’s tax haven listing process
06/25/2020
Fidelity has around 11,000 members in its pension fund