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
02/09/2016
Maldives central bank has decided to authorise all financial businesses san offshore banks in Special Economic Zones
02/08/2016
The Act adds that any financial businesses or offshore services unauthorised by the central bank cannot be operated in SEZ.
02/08/2016
The islands have worked in partnership to progress this matter and have each put in place the relevant legislation to meet SEPA requirements.
02/03/2016
The owner of the project, Dona Bertarelli, is a member of a prominent Swiss family.
02/02/2016
Serbia: Belgrade Mayor Connected to Another Offshore Company
This is the fourth company in the British Virgin Islands that KRIK journalists found is connected to Mali.
02/02/2016
Central Bank Governor, Glenford Ysaguiire spoke of the country’s position on te money laundering issue.
02/01/2016
No political will to get to bottom of 1MDB crisis
More specifically, it was related to the US$4 billion RM16.6 billion suspected misappropriations by 1MDB and possible violations of Swiss law.
02/01/2016
Cayman law could increase the number of governance committees
The change in Cayman law also has implications for funds as they work through the requirements of the Volcker Rule.
01/29/2016
A new piece of work to clarify the finance industry’s contribution to the local Jersey economy will be completed too.
01/27/2016
"At Conifer we've seen growth over the last 12 months in both those segments".
01/27/2016
Colin MacKay (pictured) is Group Director, Elian Fund Services. In his view, this evolution is, in part, why attempts to codify the duties and responsibilities of those charged with oversight could be counterproductive.
01/26/2016
The IRS updated its list of foreign banks where accounts trigger a 50% rather than 27.5% penalty in the IRS’s long-running Offshore Voluntary Disclosure Program.
01/26/2016
The Commission stated that with regard to the advice on granting the AIFMD passport to managers and funds established in third countries, it agrees that the country-by-country approach adopted by ESMA is correct.
01/25/2016
Malta also boasts an excellent reputation, having developed an effective business infrastructure over the past 15 years and positioning itself as an international business hub.