05/01/2020
The FATF is the global body that promotes measures for combating money laundering, terrorist financing, proliferation financing
05/01/2020
BVI FIs are encouraged to complete their registrations and filings via the BVI Financial Account Reporting System (BVIFARS) as soon as practicable
04/30/2020
The Chief Minister has signed a commitment to support Digital Jersey joining the programme on behalf of the island
04/30/2020
People may not gather in groups of more than ten people, and retail businesses and restaurants will only be permitted to open between the hours of 7am and 9pm, with only curbside service, or home delivery.
04/29/2020
The company admitted the breaches and, in the judgment, the court said that if the regulations were not followed it would impact on the Island’s reputation as a finance centre.
04/29/2020
Applications for new businesses have been received by the financial services regulator – despite the pandemic.
04/29/2020
The new Article 13 is a noteworthy addition to the DTA.
04/28/2020
This register is not publicly accessible but, under limited circumstances, may be inspected by any law enforcement authority in the UK and EU members states.
04/28/2020
This is an excellent initiative and one which the local IoD can be justifiably proud.
04/28/2020
It follows EU countres including Poland, France and Denmark proposing similar rules for its bailout funds.
04/28/2020
Investigations and enforcement actions are likely to be "drawn out" in the lockdown period, and banks will face "a much slower process" in dealing with their regulators.
04/28/2020
The OECD then turned its attention to combatting Base Erosion and Profit Shifting (BEPS)
04/28/2020
It provides for the mandatory disclosure by intermediaries, or individual or corporate taxpayers, to the tax authorities of certain cross-border arrangements and structures that could be used to avoid or evade tax and the mandatory automatic exchange of
04/28/2020
Changes to Immigration, Traffic and Customs and Border Control law also assented
04/28/2020
The Capacity Law will come into force on a date yet to be appointed by Ordinance of the States of Guernsey.
04/27/2020
The Commission concluded that the Maltese measure was "necessary, appropriate and proportionate to remedy a serious disturbance in the economy of a Member State."
04/26/2020
As popularized by finance professor and Wall Street trader Nassim Nicholas Taleb in relation to financial markets, the term “black swan” refers to a rare or low-probability event that deviates from what is normally expected but poses critical
04/24/2020
Businesses have been open and transparent with the JFSC about their contingency plans and any operational issues they have been facing.
04/24/2020
Citizenship sale schemes posed money-laundering and corruption risks
04/24/2020
The director remains under an ongoing duty to supervise the performance of the delegated power