06/18/2020
The Harneys team was led by Counsel Thomas Dugdale with assistance from Associate Adam Legge. Harneys’ Corporate team regularly advises on M&A transactions between listed companies under British Virgin Islands law.
06/18/2020
An arrangement circumvents the CRS where it avoids the reporting of CRS information to all jurisdictions of tax residence of the taxpayers in a way that undermines the policy intent of the CRS.
06/17/2020
The GFSC said a new application form for MGAs made it simpler for them to apply for a Guernsey licence.
06/17/2020
Managing Partner, Kendra Foster and Vice President – Fiduciary Services, Todd Hazlewood outline the key regulatory requirements and next steps for operators of Cayman Islands investment funds ahead of the deadline to register funds with the Cayman I
06/17/2020
The group also offers a range of corporate bonds.
06/17/2020
Mr Chick hit back at the GFSC and last year took his grievances with the regulatory body to the Royal Court, claiming it breached his human rights during an investigation it carried out into his conduct when working in financial services.
06/16/2020
Travellers must fill out the electronic health declaration card prior to boarding.
06/16/2020
Standard Chartered's own statement simply read: "Please be aware that the company no longer offers trust and fiduciary services in Guernsey."
06/16/2020
BVI law provides a high degree of protection for lenders
06/16/2020
The Royal Court has again held that the Guernsey Financial Services Commission's enforcement process is compliant with licensees' right to a fair trial under The Human Rights (Bailiwick of Guernsey) Law 2006.
06/16/2020
The deal was led by Hong Kong partner Kristen Kwok, who was supported by Sonya Saxena.
06/15/2020
To promote convergence in relation to the supervision of costs in UCITS and AIFs, ESMA has developed criteria to support NCAs
06/15/2020
The lifeboat scheme has also adapted the way it calculates perceived losses stemming from the investments, valuing many at nil to allow for claims.
06/15/2020
This is more important than ever."
06/12/2020
This briefing provides a high level summary of the VASP Law and the amended legislation above.
06/12/2020
The new regime has resulted in the publication of a revised Form FTL and where a migration of the manager is involved the new Form FTLM.
06/12/2020
The fast-tracking would apply for either a general partner of a non-Guernsey limited partnership, or a standalone manager wishing to move domicile to Guernsey.
06/12/2020
The 3-month deferral for DAC2 initially proposed by the European Commission on 8 May 2020, is maintained.
06/12/2020
It also specifies that the leeway it applies will be closely coordinated with national authorities, the ESAs as well as the European Central Bank.
06/12/2020
Regulator says it failed to appoint appropriate directors and meet AML protocols