09/18/2018
The FCO claimed on Sunday that Cayman’s withdrawal from an agreement with the U.K., governing the exchange of beneficial ownership information, had made cooperation on serious organized crime more difficult.
09/18/2018
RFHL yesterday announced that "an implementation agreement" was executed last Friday between RBTTBL and Cayman National.
09/18/2018
Cayman and the other jurisdictions aim to have legislation in place by the end of 2018 that will address the EU’s concerns.
09/17/2018
UK frustrated by Cayman Islands silence on money laundering
The NCA leads the UK fight against money laundering and criminal money, which it estimates could be worth up to £1bn a day.
09/14/2018
Rules for foreign tax credits won’t come for another 60 days
09/14/2018
The CSX board did not meet but appears to have selected Archer after exchanges of emails, based on CVs and the summary document.
09/13/2018
Bermuda Welcomes Digital Asset Business Act 2018
These fees are dependent on estimated client receipts with annual fees calculated on the same basis thereafter.
09/12/2018
Malta blockchain Acts to come into force on 1 November
The Acts have already been unanimously approved by Parliament
09/11/2018
Expats win appeal over penalties on delisted Qrops
HMRC claimed pension transfers were unauthorised
09/11/2018
Task force gives Isle of Man a year to improve AML compliance
The IoM regulator improves oversight in eight out of 40 problem areas
09/07/2018
HMRC warns it will use social media to track down tax evaders
Criminal investigation is usually reserved for cases where HMRC needs to send a strong deterrent message or where the conduct involved is very serious.
09/07/2018
The Cayman Islands has not yet overcome the negative stigma of being a tax haven, facilitating money laundering and tax avoidance of wealthy Americans and Europeans.
09/06/2018
Those who fail to provide information to HMRC by September 30 will face a “loan charge” in April next year.
09/06/2018
Government pressure for greater financial transparency must also strike a delicate balance with the need for privacy
09/05/2018
The island fears that publicising the names of these beneficial owners could discourage them from doing business with the BVI
09/04/2018
The BVI has entirely revoked its old probate rules
09/04/2018
“When the need arises to deploy this pre-raised capital, however, it will be important that high fixed capital requirements do not impair a Bahamian banking and economic recovery.”
09/03/2018
The report says the financial outlook will also be shaped by China’s ability to manage risks relating to high indebtedness and leverage in its banking, shadow banking and wealth management industries.
09/03/2018
No details on the legislative changes that are being prepared have been made public, even as the December 2018 deadline to implement the changes looms.
09/03/2018
The Regulations will allow for a Jersey company to demerge into two or more Jersey companies, which may or may not include the demerging company