02/12/2020
Under the program, a minimum 2 million euro ($2.18 million) investment can get a passport and instant visa-free travel throughout the European Union, of which Cyprus is a member.
02/12/2020
Where a company is carrying on a regulated activity, the consent of the regulators in both jurisdictions is typically required, and whilst this adds time to the overall migration process it is by no means a barrier to the migration occurring.
02/11/2020
It helps make sure preventative measures are robust, and businesses' risk assessments are complete.
02/11/2020
Walkers will continue our work with the Cayman Islands government, the Cayman Islands Monetary Authority and other key local professionals, and will provide updated summaries and client advisories as matters progress.
02/11/2020
The Act requires business companies that are resident in Barbados for tax purposes and which conduct certain types of activity to have adequate substance in the jurisdiction.
02/11/2020
The proposed amendments to the Mutual Funds Law (2020 Revision) have now been passed into law.
02/11/2020
In this instance, the intention of the registers has been partially described on the European Commission's website as: "Enhancing transparency by setting up publicly available registers for companies, trusts and other legal arrangements."
02/11/2020
The new requirements in Barbados are contained in the Business Companies (Economic Substance) Act, 2018.
02/11/2020
These revelations will be of great interest to the ILS community in Bermuda as they clearly illustrate some of the barriers to growth that still exist in this market—and what needs to happen for these to be overcome.
02/10/2020
Changes to the AMLRs and the AML/CFT Guidance Notes to implement observations made by the CFATF in its Mutual Evaluation Report of the Cayman Islands.
02/10/2020
It is our client's second win in the Privy Council in this litigation and our briefing on it is vital reading for those interested in the offshore funds industry
02/10/2020
A profit is taxable as a short-term gain if a position has been held for a year or less, as long-term if held for more than a year.
02/07/2020
“The amendments also expand the provisions for sharing information with other regulators and adjusts the transitional period for the investment funds act 2019 to facilitate adjustments being proposed in the amendment bill itself.”
02/07/2020
Only business line not to make a profit in 2019
02/07/2020
The Registrar of Companies in Mauritius has issued a practice direction relating to the disclosure of beneficial ownership by companies and any other entities such as partnerships and foundations.
02/07/2020
As well as focusing on financial crime, over the next four years the JFSC will prioritise developing its approach to supervising businesses and strengthening its own organisational resilience.
02/07/2020
McLaughlin reminded lawmakers that visas and entry of people into the country are considered a matter of national security.
02/07/2020
The buyout is subject to regulatory approval, which is expected to take place in the coming months.
02/06/2020
The survey has to be initiated and submitted within the eDesk by a member of the management of the supervised entity (preferably the AML/CFT compliance officer), while the completion might be entrusted to another employee of the entity, without prejudice
02/06/2020
The Law gives the registrar the power to strike off a Jersey company from the register.