02/13/2019
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.
02/12/2019
Unusually for a proof of debt appeal, the appeal proceedings were ongoing for around 18 months
02/12/2019
One of the ways in which these provisions operate is that, if foreign matrimonial proceedings seek to encroach on the administration of a Cayman trust, the trustee of that trust is protected in many respects.
02/12/2019
We are now in a world dominated by knee-jerk reactions and disproportionate responses.
02/11/2019
Allegations of fraud fly thick as hundreds of applicants from GCC seek second passports
02/11/2019
Talking to journalists, the FBR chairman said that Aleema Khan had assured to submit the remaining amount of tax in installments.
02/11/2019
Not unexpectedly, three issues that attracted the greatest concern were offshore accounts, acceptance in good faith by revenue and additional information from third parties.
02/11/2019
Asian Strategy and Leadership Institute’s Centre for Public Policy Studies chairman Tan Sri Dr Ramon Navaratnam said Malaysia should go “all out” to make those who had conspired in 1MDB accountable.
02/10/2019
Alfi chair says Brexit is mostly ‘lose-lose’ not least because UK has been an EU ally
02/08/2019
Multiple consultations are being launched over the next six weeks; one will ask if access to cannabis for medicinal purposes should be widened.
02/08/2019
The proposed amendments to the primary legislation relating to the financial markets being proposed by the Bill are summarised below.
02/08/2019
Regulators will individually be responsible for deciding whether proposals meet their criteria and ensure appropriate safeguards in their jurisdiction.
02/07/2019
There are fines for failing to comply with a notice, and criminal offences for destroying or tampering with documents.
02/07/2019
The Guidance Notes provide, amongst other things, that financial services providers should, on a regular basis
02/07/2019
The GFSC has announced that in anticipation of the changes to the law it has already begun adopting the new rules to allow for technical issues which could lead to complications once the law is in force.
02/07/2019
The following Acts are significant pieces of legislation that introduce changes to the legal landscape in The Bahamas
02/06/2019
Central Bank of Ireland's Brexit update on location requirement for directors and designated persons of fund management companies
02/06/2019
‘State capture’ is a form of political corruption in which private business interests hold undue sway on political decision-making for their own benefit.
02/06/2019
Cayman Airways board chairman Philip Rankin, by contrast, is not paid for his services, though he and other board members receive free flights for themselves and their families on the national airline.
02/05/2019
The investigation had revealed there were 276 Indian account holders with at least $1 million in their balance of whom 85 are residing in the country.