05/14/2019
Appleby Hong Kong acted as BVI counsel to the largest HKIPO so far in 2019
The transaction was led by Vincent Chan
Regulation, Risk & Compliance
05/14/2019
Economic substance requirements in Bermuda, the British Virgin Islands and the Cayman Islands
The legislation was introduced in response to concerns expressed by the Council of the European Union about the absence of clear general legal substance requirements for entities doing business in and through these jurisdictions.
05/13/2019
The role of legislation in environmental protection and the Jersey legal framework
Legislation can therefore only go so far to help us protect our environment – another crucial tool is an active system of enforcement.
05/13/2019
Report: Bermuda to come off EU blacklist
The news agency added that its report was based on documents obtained by Bloomberg News.
05/13/2019
Final Rules May Help Companies Unintentionally Hit by Global Tax
The 2017 tax law includes a base-erosion provision related to global intangible low-taxed income.
05/13/2019
Pilatus Bank: Justice Commissioner rebukes Sant twice in as many months
The European Commission, however, dismissed Sant’s claims.
05/13/2019
Bermuda, Barbados and Aruba to be removed from EU's tax haven blacklist
A typographical error in economic substance regulation documents submitted by Bermuda to the EU earlier this year was given as the reason the island ended up on the list.
05/13/2019
GFSC releases 2018 Annual Report
The outcomes of all economic models depend substantially on the assumptions made.
05/10/2019
Congress hits new speed bump in effort to restrict shell companies
It was unclear whether the bill was in peril or will simply be voted on later.
05/10/2019
CIBC's FirstCaribbean Bank officially withdraws $226 million US IPO
Barclays, UBS Investment Bank and CIBC were set to be the joint bookrunners on the deal.
05/10/2019
St Kitts and Nevis continues to tumble in World Bank’s Ease of Doing Business
In the English speaking countries of the Caribbean, St Kitts and Nevis is second to last both in the OECS and in CARICOM.
05/10/2019
Jersey could help other small jurisdictions develop laws
Professor Claire de Than set out her argument in her regular JEP column published in yesterday’s edition.
05/10/2019
GFSC releases 2018 Annual Report
On the financial front, 2018 was a strong year for the Commission in terms of income
05/10/2019
Malta’s Registry of Companies Becomes First to Run Blockchain System
The Registry previously de-merged from the parent Malta Financial Services Authority last year
05/10/2019
Exclusive: GMI Group Acquires Mauritius Regulatory License
The brokerage company is adding a new license to its portfolio
05/10/2019
Commission issues Thematic Review on Beneficial Ownership
An estimated 3,000 data sets were received and analysed, including from a questionnaire sent to all full and personal fiduciary licensees.
05/10/2019
Walkers Acts on Carlyle's $6.7 Billion Acquisition of Sedgwick
The Transaction was effected by way of a series of connected Cayman Islands and United States mergers
05/10/2019
Central Register of Beneficial Ownership of Corporates – Website Goes Live
No filing fee will be charged for registering and filing beneficial ownership information.
05/10/2019
Future support for nature in UK Overseas Territories
The UK Government launches a Call for Evidence on safeguarding biodiversity in the UK Overseas Territories.
05/10/2019
Can you Keep a Secret? Publishing the Identity of Ultimate Beneficial Owners
The UK Government is now turning its attention to the hotly debated issue of UBO transparency in British Overseas Territories and Crown Dependencies.