03/02/2016
Hinting at potential criminal charges for those involved, the SEC says the documents “will also prove beneficial to the ongoing law enforcement investigations of these matters and others.”
03/02/2016
The Income Tax Division have confirmed that they are in contact with the OECD in order to confirm a number of areas where there is still uncertainty in the CRS with a view to updating the guidance notes in due course.
02/29/2016
Opposition leader hints at motion of no confidence unless Muscat shoulders political responsibility over the next 24 hours
02/26/2016
Over 90 jurisdictions have agreed to implement CRS: the latest standard by which governments automatically exchange financial account information to prevent tax evasion.
02/24/2016
In the wake of the global financial crisis, an unprecedented wave of regulation has swept through the financial services industry, impacting market participants at every level.
02/23/2016
Recently named the best Hedge Fund Services Jurisdiction in the Hedgeweek Annual Global Awards 2015, the Cayman Islands continues to be recognised as the market leader.
02/22/2016
In addition, CIMA developed its first vision statement to reflect its dedication to continuous improvement
02/19/2016
The loans managed by four Cypriot banks will help bolster liquidity, support economic recovery and create jobs, EIB said.
02/19/2016
From the perspective of the IFCs, the UK proposals were counter intuitive.
02/18/2016
The specific issue is the accelerated move by banks in developed countries to drop their correspondent banking relations with those in emerging economies.
02/17/2016
Bank of the Bahamas’ latest results also undermine the prediction by its former managing director, Paul McWeeney, that it would have returned to profitability by the 2015 year-end.
02/17/2016
The judiciary is at all times ensuring that the gladsome light of jurisprudence is being allowed to illuminate on a daily basis.
02/16/2016
This timeframe was confirmed by Garth Ebanks, Deputy Head of CIMA’s Investments and Securities Division, at the Cayman Alternative Investment Summit (CAIS) earlier this month
02/16/2016
Probes into suspicious transactions at the Malaysian fund have threatened to expose loopholes in global finance
02/16/2016
Although the Companies Act Winding-Up Amendment Act 2011 was passed into law, the Liquidation Rules Committee has yet to designate which nations are to be listed as ‘relevant foreign countries’ and qualify for assistance from the Bahamian cour
02/12/2016
Risk-based supervision encourages supervisors to concentrate on the issues which really count
02/11/2016
Hannan described an ongoing shift of financial power from the Atlantic to the Pacific in contrast to a steady decline in the EU’s contribution to global economic growth.
02/11/2016
The conformed procedures mark the end of a project to ensure a common platform internationally.
02/11/2016
It might soon be possible for alternative investment fund managers (AIFMs) in the United States of America, Hong Kong, Singapore, Japan, Canada, the Isle of Man, the Cayman Islands, Bermuda or Australia (the Countries), to “market” non-EU alte
02/09/2016
Describing Mr. Major’s output of work as exemplary