03/20/2019
The paper set out jurisdictional substance requirements that certain jurisdictions outside the EU must adopt. Similar legislation has been enacted in other major offshore jurisdictions.
03/20/2019
The platform uses dynamic decision tree intelligence to determine the regulatory journey of the client
03/19/2019
Agreement on the Compromise Texts of the Proposed Directive and Regulation
03/19/2019
Connected persons include those in the same family as provided in the Regulations and those in the same group of companies.
03/19/2019
Medical giant Abbott has deployed a complex network of offshore companies to legally shelter profits from tax officials.
03/19/2019
We set out below a summary of the legal entities affected by this new legislation and steps that will be required for compliance.
03/19/2019
The overhaul follows news that the Financial Action Task Force's report on the Cayman's efforts to tackle terrorist financing and money laundering would not be positive.
03/18/2019
It is a tradeoff, so that's why we are excited
03/18/2019
At least for now, the new economic substance law appears to have bought the VI time.
03/17/2019
A document in electronic form satisfies a legal requirement to retain such in hard copy form, and vice versa.
03/17/2019
A small number of revisions have been made in response to feedback on the final draft version of the Handbook which was published on 12 November 2018.
03/15/2019
Mauritius has one of the highest per capita incomes within the fast-growing African continent.
03/15/2019
Minister for Policy and Reform, Chris Thomas MHK, said that there was “no silver bullet” to fix the issue.
03/15/2019
The only thing that is constant is change.
03/15/2019
ATAD was enacted to prescribe common standards with a view to coordinating the implementation by EU Member States of the OECD’s BEPS action items, in particular by introducing principle-based rules in relation to interest limitation, controlled fore
03/15/2019
This briefing focuses particularly on the anti-money laundering and combating the financing of terrorism (AML/CFT) provisions set out in sub-chapter 5.4 of the Circular.
03/15/2019
It said that someone named on an overseas register will be labelled a “tax cheat” and “face the commercial and social risks attendant on that status”, exposing them “to the rule of the mob.”
03/15/2019
The newly announced change in PRC personal tax regime, increase in the divorce rate and migration overseas have all increased this.
03/15/2019
Money laundering is a major threat in the United Kingdom, one some watchdogs say is not being taken seriously enough.
03/14/2019
The commission said The Bahamas had “strategic deficiencies” in its anti-money laundering and counter-terrorist financing legislation.