Managers of Wealth Offshore

Rebrand of Jordans Group to Vistra Now Complete

With the inclusion of legal services through Vistra Corporate Law

Butterfield Streamlines Group Operations

The Bank also effected an early retirement scheme in Bermuda, under which retiring employees responsibilities will be reallocated within existing operations locally and internationally to foster improvements in operating efficiency.

St. Maarten: Changes to laws being made to combat listing as money-laundering jurisdiction

The US is a founding member of FATF, the international financial crimes watchdog that also works in conjunction with OECD on tax avoidance and tax fraud related matters.

Mauritius puts India-focussed funds, others under its regulatory lens

The increased scrutiny is pushing back timelines and jacking up costs of setting up India-focussed funds in Mauritius

Cayman accountants’ body signs agreement with ACCA

Mohammed said ACCA aims to work with CIIPA to build capacity within the accounting and auditing professions both in the private and public sector.

Bahamas Needs ‘Ability To Pay’ Taxation System

Speaking after the International Monetary Fund renewed its call for a “a comprehensive review” of the Bahamian tax system following the latest Article IV consultation with the government

Channel Islands Economic Substance Laws A Positive For Islands

Under the new laws, tax-resident companies will need to satisfy an economic substance test of three parts.

How Can Individuals Move To Switzerland And What Will Their Basis Of Taxation Be?

Switzerland is divided into 26 cantons, each with its own basis of taxation.

British Virgin Islands – New Substance Rules for BVI Companies and Limited Partnerships

This BVI legislation was enacted in response to requirements established by the EU Code of Conduct Group in June 2018.

IDB outlines The Bahamas’ deficiencies in various sectors

The government has expressed concern over the number of road traffic fatalities in recent years.

Brexit and Guernsey - What You Need to Know - Collas Crill

Very early on in the process, the States of Guernsey and the Law Officers identified the likely impact that Brexit would have on the island and the legislative and other measures that would need to be taken as a consequence of Brexit.

Asos founder Quentin Griffiths accuses BDO of bungling move offshore

The extent of Griffiths’s personal wealth is not known.

Woodford rocked as Guernsey suspends his unquoted stocks

The Guernsey authority's shock move is a significant setback for Woodford

How Panama Papers changed South Korea

The fact people who benefited from dictatorships abuse the global system to hide their wealth in secrecy jurisdictions made me aware of the prevalent injustice in our society, hidden from our views unless exposed by journalists.

Bahamas Must 'Pioneer' To Halt Financial Attrition

Arguing that The Bahamas needed to “do a better job of telling our story”, Mr Komolafe said it still “has a lot going for it” through its tax neutral platform, base of skilled financial services professionals, US proximity and life

Amendments to Trusts Law passed

The amendments extend the definition of a trust corporation with regard to STAR trusts to all trusts for the purpose of discharging a retiring trustee.

Government tweaks Monetary Authority Law definitions

The approved bill rectifies this by including a reference to Section 145 of the Proceeds of Crime Law in the definition of money laundering regulations in the Monetary Authority Law.

End ‘Anxiety’ Over Policy Over-Reliance

We have to get to a point in our country where we stop relying on or developing policy, and put those policies into law and codify them.

Asset manager fined R350 000 for promoting unapproved funds

According to the maket conduct regulator, 36ONE had co-operated in the enforcement process.

Cayman amends regulator's definition of money laundering

The existing definition only referenced Section 201 of the Proceeds of Crime Law but not Section 145

Regulation, Risk & Compliance