05/26/2020
As a consequence, a Cayman-listed issuer in Hong Kong must ensure its memorandum and articles of association contains the relevant requirements for holding annual general meetings in accordance with the Hong Kong Listing Rules.
05/26/2020
Ormond Williams wins claim against Cayman National
05/26/2020
This figure is $25.3 million higher than anticipated by the 2020 budget.
05/22/2020
The Attorney General further noted that the new Unit will also soon commence on-site visits
05/22/2020
Reuters has reported that the plan has faced resistance already from three member states embroiled in money laundering scandals: Estonia, Hungary and the Czech Republic.
05/21/2020
The government has allocated around €40 million to pay up to 2.5 per cent interest due on the working capital loans covered under the MDB COVID-19 Guarantee Scheme, for the first two years.
05/21/2020
In addition, fraudsters have sought to exploit mass communications around Covid-19 by attempting to divert payments through purchase scams for medical equipment and fake mobile apps purporting to be related to Covid-19.
05/20/2020
Guernsey is an independent legal jurisdiction for estate administration purposes.
05/20/2020
The CSSF has now extended this monitoring to a greater number of IFMs and has integrated the accompanying notification process into its eDesk portal.
05/20/2020
If it is not satisfied that the best commercial interests of the company (as reflected by the wishes of stakeholders) are met by the proposed sale, then sanction will be refused.
05/20/2020
SLiC selected Bermuda as it’s global headquarters due to its sophisticated legal structure and skilled workforce.
05/20/2020
The law also includes operational changes in a number of areas, such as annual audit requirements, annual return for the fund, record retention, valuations, cash monitoring and safekeeping of assets.
05/19/2020
Mauritius has been under a national lockdown since 20 March 2020
05/19/2020
The EU’s revised list for high risk countries considered developments that have taken place at the international level since 2018.
05/19/2020
The EU blacklist uses the FATF monitoring list as a starting point and serves as a way to hold the included countries accountable since the FATF has no enforcement ability of its own.
05/18/2020
Each signatory has chosen which Double Tax Treaties to be included in the Instrument and submitted its MLI positions with respect to the different options provided for in the MLI.
05/18/2020
Bermuda is also looking at other COVID-19 related apps that will help the country manage the pandemic
05/18/2020
Without Malta's nomination, EPPO will not be able to operate
05/15/2020
Even during times of crisis, a manager is constrained by the powers that are granted to them under the terms of the fund documents, and they will generally not be able to take any actions that are not expressly permitted under those documents.
05/15/2020
The ESD will collect information that will be considered by the Registrar when determining whether an entity meets the economic substance requirements, including the following types of information: