11/30/2018
The event was extremely well attended which is testament to Guernsey’s reputation in the London market and the calibre of speakers including Sir John Sawers, former head of the MI6 Intelligence Service, who delivered the keynote speech.
11/30/2018
Any pre-existing dispensation for a trustee displaying their legal name on the register will automatically remain in place.
11/29/2018
This change means that all regulated funds – those registered or licensed with the Cayman Islands Monetary Authority (CIMA) – as well as unregulated investment entities, such as private equity, venture capital and real estate funds, are caught
11/29/2018
CAB “strongly encourages” Caribbean countries that have not yet done so to ensure that they are compliant with international automatic exchange of information/exchange of information on request (AEOI/EOIR) tax standards in order to avoid the n
11/28/2018
Following this in-principle decision and the successful testing period, the Lendingblock platform is open for institutional onboarding in preparation for launch.
11/27/2018
The legislative changes are part of Barbados’ commitment to ensure it is compliant with the Organisation for Economic Cooperation and Development’s (OECD) Base Erosion and Profit Shifting (BEPS) programme
11/27/2018
The Bill will now return to the House of Lords for consideration of the amendments and Royal Assent may be received in November, meaning that new rate is likely to be in place by July 2019.
11/27/2018
Payments by Barbados-registered IBCs to non-residents and to other IBCs currently benefit from a range of tax exemptions.
11/26/2018
Spanish prime minister had demanded written assurance as price of support for withdrawal agreement
11/23/2018
The bank moved its back-office operations, inclusive of account processing, reconciliations, customer support, and collection services to Port of Spain to cover customers in Trinidad and Tobago and 17 other countries in the Caribbean from that location.
11/23/2018
The tests require companies that are in scope to demonstrate that they meet the economic substance tests, including that they are "directed and managed" in Guernsey
11/23/2018
CIMA supervises and regulates banks incorporated and licensed in Cayman in accordance with the principles developed by the Basel Committee on Banking Supervision.
11/23/2018
Anthony said there’s nothing that the CDB loves more than consultants, adding that every single project must have consultants.
11/23/2018
She said that the opposition is maintaining its position that the Income Tax (Amendment) Bill, 2018 “lacks clarity, is ambiguous and flawed” and that she had received correspondence from Finance Minister Colm Imbert on the matter.
11/22/2018
The country also allows dual citizenship and holders of its passport can also keep and the original passport of the country of the immigrant’s origin.
11/22/2018
The ECB is to launch a dedicated network of watchdogs sharing information on the matter, its chief supervisor Daniele Nouy said yesterday.
11/22/2018
It has become the narrative that refuses to go away for the largest professional services firms of the UK
11/22/2018
Though the new agency will be established on Jan. 1 under the leadership of the current Collector of Customs Charles Clifford
11/22/2018
These investigations take significant time for our AML, legal and management teams but we believe are worthwhile and we will continue to use this tool where needed.
11/22/2018
The term regulatory sandbox typically describes a “safe space” in which businesses can test new products, services and business models without immediately being subjected to all regulations and licensing requirements.