11/29/2019
The transaction supports the Bank's strategic decision to focus on operations across its footprint where it can achieve greater scale and deliver the best value for customers, Scotiabank said in a statement.
11/29/2019
"This is part of a bigger trend, where institutional custody players are getting their head around the digital assets space.”
11/29/2019
The total purchase price is up to GBP 45 million, subject to adjustments for working capital and indebtedness and the achievement of future revenue thresholds.
11/29/2019
Bermuda had been ahead of other jurisdictions in accommodating ILS business, which is why he started doing business there more than a decade ago.
11/28/2019
The FATCA international tax code was designed to stop Americans stashing money abroad to evade tax.
11/28/2019
Japanese megabank says it didn't skirt taxes in 2008 effort to raise capital
11/28/2019
Financial Intelligence Analysis Unit launches hunt for money laundering
11/28/2019
Guernsey was placed on the whitelist at the earliest opportunity in the process in March 2019.
11/28/2019
Fund managers are in scope of the law where they have income in relation to their fund management activities.
11/28/2019
Switzerland, the world’s largest repository for offshore wealth
11/28/2019
James Illingworth will also step down as chief underwriting officer, but retains his seat as a non-executive director of the group in the near term.
11/27/2019
The FSC will have the power to issue regulations to supplement the legislation (Regulations).
11/27/2019
“Bermuda is less affected than some other overseas territories as we do not receive aid from the European Union."
11/27/2019
Weak links, whether large or small can have significant effect and impact.
11/27/2019
The bank warned stolen details could be used for "fraudulent purposes" and said it would contact customers affected.
11/27/2019
Industry facing “unprecedented pressure” Gunnar Groebler tells Offshore2019 delegates
11/27/2019
The government has intensified its crackdown on illegitimate operations following a plea from China to "punish" firms that illegally recruit its nationals.
11/26/2019
Why Guernsey and Jersey should be in your UK/European tool kit
The mature and stable regimes of the Channel Islands offer Asia-based managers an efficient hub to manage capital flows across the world, write Carey Olsen's Andrew Tually and Susan McKinstray.
11/26/2019
The Swiss parliament is likely to examine the proposal for the first time in the 2020 spring session.
11/26/2019
This guidance will come into force on 1 May 2020 and replaces previous guidance on outsourcing issued in 2007.