11/01/2016
PM calls for new approach to policing in Trinidad and Tobago
He told supporters while there would be “no quick fix” it was important nonetheless for the local police force to be guided by a Commissioner.
Regulation, Risk & Compliance
11/01/2016
Clarus Risk acquires Laven Partners' private equity risk practice
This allows us to concentrate our efforts on promoting our technological solutions designed to streamline compliance and operational processes.
11/01/2016
BDO Jersey joins forces with Greenlight CI and Sator Regulatory Consulting
Greenlight CI is a change management consultancy business that has, since 2008, provided Channel Island clients with a range of services related to assessing their current situation
10/31/2016
The Cook Islands become the 106th jurisdiction to join the most powerful international instrument against offshore tax evasion and avoidance
The Convention, together with the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information, which the Cook Islands signed in October 2015, will enable the Cook Islands to fulfil their commitment to begin the first
10/31/2016
Fosun acquisition opens up new markets for Luxembourg private bank
Chinese investment in Europe is in the spotlight at the moment.
10/31/2016
China to start tracking non-resident assets held in country
China plans to introduce OECD approved Common Reporting Standards September 2018
10/31/2016
Jurisdictions join global fight against tax evasion and avoidance
Panama’s reluctance to implement certain global initiatives toward fiscal transparency has finally ended after it united.
10/31/2016
The Billionaire Art Dealer Accused Of Tax Evasion Goes To Trial
This case is a rare look at the complicated financial agreements used by some wealthy art collectors to shield themselves from taxes.
10/31/2016
Significant New Enforcement Powers for CIMA
Significant New Enforcement Powers for the Cayman Islands Monetary Authority
10/28/2016
Shadow Insurance The Next Financial Sector Crisis?
Reinsurance, also known as insurance for insurers or stop loss insurance
10/28/2016
Cayman Islands Monetary Authority Cancellation of Certificates of Registration
It should be noted that where such an administrative cancellation takes place, CIMA may take this into consideration when assessing the fitness and propriety of the fund’s operators.
10/28/2016
Panama Signs Up to International Tax Avoidance Agreement
Move reflects change of approach following the Panama Papers’ leak
10/28/2016
Panama joins international efforts against tax evasion and avoidance
The forthcoming report will reflect Panama’s past record on transparency issues.
10/27/2016
Former Barbados PM says government out of options
Back in September Standard & Poor’s downgraded the country from B to B-, following the April downgrade by Moody’s from to Caa1 from B3.
10/27/2016
Brexit: Passporting through Cyprus
Cyprus can offer such firms the flexibility to maintain current operations through carefully crafted outsourcing arrangements.
10/27/2016
Corporations dodge $718 billion in taxes through offshore tax havens
These jaw-dropping numbers will keep getting bigger until we fix the corporate tax system.
10/26/2016
Panama, Bahamas leaks or whatever, truth should come on surface: IMF
Whether it’s Panama or Bahamas, these issues need to be addressed
10/21/2016
G20/OECD BEPS Project advances tax certainty agenda with the launch of global review of MAP programmes
The BEPS package endorsed by the G20 Finance Ministers in October 2015 contains the report on Action 14 (Making Dispute Resolution Mechanisms More Effective), which outlines the minimum standards and best practices for resolving treaty-related disputes un
10/21/2016
Jersey signs BEPS information exchange agreement
The signing was at the OECD in Paris, in the presence of the Secretary General of the OECD, Angel Gurría.
10/20/2016
OECD’s CRS: impact on Bermuda family offices
The aim is to increase tax transparency and eliminate tax evasion globally.