03/14/2019
Jamaica -Goverment's Tax Policy is ''Worsening Inequality''
“All taxpayers deserve a break! Government must spread the benefit to all Jamaicans, not just a few.
Regulation, Risk & Compliance
03/14/2019
Cayman Islands Economic Substance Requirements For Certain Entities - Overview
Those who establish Cayman Islands structures do not generally do so to engage in BEPS activity; they do so because the Cayman Islands is an efficient, stable and trusted neutral hub with key expertise in handling complex transactions.
03/14/2019
Taxman gets £1bn from Lehman administrators PWC
Lehman Brothers went bust in 2008 in the world’s largest corporate bankruptcy.
03/14/2019
Ex-Minister Backs Corporate Tax Call
Speaking after the European Union (EU) yesterday confirmed The Bahamas had avoided its “blacklist” of jurisdictions deemed “uncooperative” in the fight against global tax evasion, Mr Smith said such a tax would pave the way for thi
03/14/2019
St. Kitts-PM welcomes ECCB moves to blockchain Currency
“The digital EC dollar will be distributed and used by Licensed Financial Institutions and Non-Bank Financial Institutions in the ECCU.
03/14/2019
‘Compliant’ Bermuda says it will be removed from EU blacklist by May
Mr. Burt said U.K. Treasury officials had supported that view, arguing that Bermuda had legislated to address any remaining issues identified by the EU.
03/14/2019
US citizens will need to register to visit Monaco starting in 2021
The United States has a similar system called the Electronic System for Travel Authorization, or ESTA.
03/14/2019
Private Equity Drives Growth as Jersey Funds Business Reaches New All-Time High
Within the funds industry, the statistics show particularly strong performances in the alternative asset classes, which now represent 86% of Jersey’s total funds business recorded a year-on-year increase of 23%.
03/14/2019
Bermuda: Minor matter led to EU blacklisting
Bermuda and 12 others committed last year to addressing EU concerns about the economic substance of companies and entities doing business from their respective jurisdictions.
03/13/2019
Macau | City stays off EU tax haven list
Macau has managed to stay off a tax haven list established by the European Union by complying with OECD standards
03/13/2019
Island removed from tax 'grey list'
The Isle of Man, Channel Islands, Hong Kong and Switzerland were put on a list of jurisdictions not necessarily considered problematic, but which would have to meet 'specific commitments' on tax transparency.
03/13/2019
EU adds ten more countries to the blacklist of tax havens including several British Overseas Territories
Those on the blacklist are allowing widespread tax evasion by corporations and individuals and did not meet EU deadlines for reform.
03/13/2019
Depositaries and the No-Deal Brexit Scenario
Here, David Price, Depositary Services Manager at Estera Depositary (UK) Limited, explains what depositaries need to know in order to prepare.
03/13/2019
Bermuda: Groups Committed To Working With Government
The EU has been requesting that nations and jurisdictions around the world adhere to tax and business practices they set as they seek to influence what they deem to be “tax good governance worldwide,” and earlier today
03/13/2019
Bermuda bodies including ABIR, BDA and BIMA seek removal from EU tax blacklist
The Bermuda Premier David Burt responded by admitting being blacklisted was a “setback” but he added that he is also confident Bermuda will soon be removed from the blacklist.
03/13/2019
Guernsey satisfies EU business substance requirements
“This is a real endorsement of Guernsey as a co-operative jurisdiction and further indication of our ongoing commitment to meeting international standards.
03/13/2019
New MoU between JFSC and FCA will give managers added certainty and confidence, says JFA
Jersey Finance CEO, Joe Moynihan, says: “This MoU is a precautionary measure and should give managers using Jersey for their fund structuring added confidence."
03/13/2019
EU Recognises Jersey as a Cooperative Jurisdiction
“The expectation is that, given the high professional standards and commitment to good corporate governance that already exists in Jersey, most companies will readily be able to demonstrate that they meet the new substance requirements.”
03/13/2019
Guernsey confirms continuity of UK market access for funds post-Brexit
GFSC Director-General William Mason signed the agreement with Andrew Bailey, CEO of the Financial Conduct Authority.
03/13/2019
Q&A - New AIC Code and implications for LSE-listed offshore companies
The AIC Code is a framework of best practice in respect of the governance of investment companies.