04/09/2020
It is time to start planning the liquidation of those entities that have reached the end of their life cycle, to ensure that unnecessary Registry fees are not incurred.
04/09/2020
Services available are cheque cashing, cheque deposits, cash deposits through No-Wait Deposit depository, card collection, and statement production.
04/09/2020
Payment of overdue Social Contributions (including Social Insurance Contributions) for the months of March and April 2020 is suspended and the repayment period is extended by two (2) months
04/09/2020
According to the last FIAU annual report, banks and remote gaming companies reported the most suspicious activity among their clients.
04/09/2020
The CPMI and IOSCO encourage jurisdictions to continue to adopt measures that will enable them to fully implement the PFMI.
04/09/2020
Daniel Stutzmann and Manuel Angehrn of Deloitte Switzerland consider how the Swiss tax reform has led Swiss cantons to move towards a ‘function-based’ tax approach.
04/09/2020
Craig Cordle, partner at Ogier in Guernsey, explains how the island’s foresighted legislation is facilitating electronic transactions for businesses.
04/09/2020
Although many investors are adopting a ‘wait and see’ approach in terms of making an investment, now is actually a good time for them to be carrying out due diligence.
04/09/2020
The report downgraded Barbados from a “largely compliant” to a “partially compliant” rating.
04/09/2020
The implementation of the Register of Beneficial Owners (RBO), was yet another critical step-change which has “greatly enhanced the transparency” alongside other various Directives.
04/08/2020
The deadline for entities required to make an economic substance notification for the past financial year has been extended to 30 June.
04/08/2020
The results are equally contrasted, with some jurisdictions struggling to implement their legislation on transparency.
04/08/2020
Trading and settlement activities on SEM and CDS will, therefore, resume on Monday, 6 April 2020
04/08/2020
All three governments were advised by government lawyers and teams from Carey Olsen on the establishment of the schemes, including agreeing the heads of terms, drafting the scheme documentation and its launch, while Appleby advised the banks.
04/08/2020
With the tightening of liquidity and credit controls in the PRC, banks and financial institutions are looking for ways to reduce its existing credit exposure by moving any existing loans off their balance sheet.
04/07/2020
Acting Justice Kawaley’s decision in X Limited concludes, generally, that the application of the Act is broader than one might expect
04/07/2020
MFSA issued four warnings in just the last two weeks of March, which under normal circumstances would be the number of warnings issued over a two-month period.
04/07/2020
Captain Hutchinson further added: “Our Owners, their Managers and crew onboard their ships demonstrate the best values seen in the shipping industry.
04/07/2020
The ETL provides that, subject to certain requirements, contracts will not be excluded from having full legal effect by virtue of their execution with an electronic signature.
04/07/2020
Participating jurisdictions under the CRS are those jurisdictions that have committed to implement the CRS and are able to enforce reporting by its financial institution.