06/13/2016
Panama Papers MEP says committee should only summon minister to testify after sufficient information is gathered on how financial services industry in Malta allows beneficial owners to hide their identities
06/12/2016
To reach out to American officials and fund its U.S. operations, the center said it needed an infusion of cash for an eight-month campaign: at least $247,000.
06/12/2016
Racing Australia chief Peter McGauran likened the current restrictions on rugby league and football codes to 'babes in the woods' when pitted against unregulated, foreign betting.
06/10/2016
Guernsey's first consultation paper, on the principle of whether a central registry should be established at all, was issued in May 2015.
06/07/2016
Sanctions monitoring systems and associated watch-lists will be updated with new data from the Panama Papers leak.
06/07/2016
Browne urged the commercial banks to take on more risks since they “do no work” and drop “extortionate fees” and they should change their “nonsensical, self-defeating” strategies or face failure.
06/07/2016
Banking is another segment of the financial services industry in which confidentiality plays an extremely important role.
06/06/2016
In light of the threat of terrorist financing and global anti-money laundering activities, the existence of bearer shares grew as a concern to regulatory bodies and governments alike.
06/06/2016
The government authorities have already held two meetings with the Swiss government in this regard.
06/01/2016
Offshore financial centres can be utilised for a wide range of Shariah-compliant finance transactions and services.
05/31/2016
The UCITS V provisions seek to address certain perceived weaknesses in the UCITS regime, particularly following the Madoff fraud and the default of Lehman Brothers.
05/31/2016
No new taxes, no borrowing, premier says
05/27/2016
Amendments to some 51 out of a total of 95 clauses in the National Pensions Bill, were approved on Wednesday 4 May in the Legislative Assembly.
05/23/2016
A recent report by the World Bank and Bank for International Settlements said that banks in the Caribbean ranked highly in terms of being at risk of losing their correspondent banking relationships.
05/20/2016
Global expansion is high in the agenda for many US companies but along with new opportunities it also brings tax and accounting challenges.
05/19/2016
Describing last week’s London summit as historic, the premier said Cayman fully supports the ambitions to combat criminality and come up with a new standard for global information exchange.
05/19/2016
The premier admitted his comments were received with hostility at the session, which included many advocates for public registers, but it was an opportunity he could not miss.
05/18/2016
As a result, many of the herd are now wondering if there may be greener grass elsewhere.
05/18/2016
Cayman’s participation in the summit was predicated on it joining an initiative for the automatic exchange of beneficial ownership data.
05/17/2016
Companies should no longer be accepted as being from the British Virgin Islands without having a significant share of their revenue and assets actually produced there