07/29/2019
The Mauritius Government also accused the ICIJ of trying to harm the island’s reputation and says it has instigated a criminal investigation into an IT system that has been intruded and breached. – Linda van Tilburg
07/29/2019
Derrick Burgess, the Progressive Labour Party MP who oversees seniors’ issues, said administrators of veterans’ benefits had wrongly cut from the allowance in the past.
07/26/2019
“This confirmation by the OECD that The Bahamas’ domestic laws are not harmful affirms The Bahamas as a partner in the global fight against harmful tax practices and reinforces to the international community that
07/26/2019
The unqualified opinions essentially mean that the Auditor General has determined the financial positions of each authority have been fairly presented.
07/26/2019
McLaughlin said that the new legislation was not the only thing that the government was doing to comply with the various supra-national bodies
07/26/2019
Citing the most recent International Monetary Fund review under the Barbados Economic Recovery and Transformation programme, Dukharan said Government had met all its BERT targets.
07/26/2019
The Risk and Compliance team – which works across the Asian, Caribbean and European timezones – has also been restructured, with key members progressing to new, group-wide roles.
07/26/2019
The BSX and Appleby have a long association, and have worked together in reaching new markets, such as Latin America and Asia. Also, in the past, they worked together on the development of the insurance-linked securities space.
07/25/2019
The MoU was signed by CySEC chairwoman Demetra Kalogerou and ICPAC chairman Demetris Vakis
07/25/2019
The abolishment of bearer shares is all encompassing, and from the 1st January 2020, no Swiss company will be able to issue bearer shares – even if they are able to do so currently.
07/25/2019
One of the four reports is intended to serve as a “post-mortem” analysis of suspected money laundering
07/25/2019
The requirement to show Economic Substance is primarily aimed at preventing what is called “base erosion and profit shifting”.
07/25/2019
The Guidance is aimed at TCSP practitioners, countries and their competent authorities
07/25/2019
Tara Rivers was expected to present several amendments to the LA to ensure that Cayman meets the latest raft of international standards, while the OECD-led 131-country coalition has given Cayman the nod of approval.
07/24/2019
Despite the lengthy list of legislation, the sessions is expected to last only three days.
07/24/2019
This article sets out a brief overview of the new substance regime with a particular focus on its application to private wealth structures.
07/24/2019
The update clarified that the commencement dates for entities’ first “financial period” remain unchanged
07/24/2019
Despite the 2017 change in England and Wales, no change was made to the discount rate in so far as it applied to Isle of Man cases.
07/24/2019
Circle was granted a ‘Class F’ license under the Bermudan Digital Assets Business Act of 2018 with the Circle describing itself as “the first major crypto finance company” to receive the permit.
07/24/2019
“The MFSA wishes to alert the public, in Malta and abroad, that Emirate Coin Tech is NOT a Maltese registered Company NOR licenced or otherwise authorised by the MFSA to provide any investment, crypto currency or other financial services which are r