11/07/2018
Although excluded persons were always subject to anti-money laundering and combating terrorism financing regulations, the new obligations are tightening up the somewhat laissez-faire excluded persons regime.
11/06/2018
An offshore matter is where the potential loss of tax is charged on
11/06/2018
This includes the transfer of individual influence in existing wealth-holding structures.
11/06/2018
The total number of licenses issued for the period is down year-on-year, where there were seven new Class B formations in Q3 2017, including two third-party insurers.
11/06/2018
Money spent on ‘human dynamics training,’ Professor Fibre, and more
11/05/2018
Labuan will see restructuring in tax treatment and new conditions come to force on transactions involving entities from the offshore and mid-shore centre as well as abolishment of current conditions.
11/04/2018
Where a TOS refers to the “applicable law”, it is a good idea to find out what that applicable law may be.
11/02/2018
Whilst the Electronic Transactions Law was drafted with a degree of “future proofing” in mind, and is arguably sufficient to encompass many of the uses of technology that exist today, the certainty that the new legislation will bring is to be
10/31/2018
Under the UK’s Money Laundering, Terrorist Financing and Transfer of Funds law British regulated businesses are obliged to “take into account geographical risk factors” when assessing risk and the extent of anti-money laundering measures
10/31/2018
The new legislation will permit the formation of a contract by the interaction of electronic agents
10/31/2018
The beneficial ownership regime does not directly apply to “foreign” companies or partnerships, but the bill would now extend it to LLPs.
10/31/2018
The most important change to the EIF regime, introduces new criteria, used to determine those persons who are considered eligible by the GFSC, for the management and control of an EIF.
10/31/2018
The Bahamas’ CFATF Mutual Evaluation Report was approved at the May 2017 CFATF Plenary in Trinidad and Tobago.
10/30/2018
The Base Erosion and Profit Shifting debate has seen jurisdictions take different approaches to how they view business substance.
10/29/2018
The banks and trust companies, which incorporate and manage companies under their regime, also have a duty to know the beneficial ownership.
10/29/2018
Together the panel will share their experience and knowledge of how innovation and technological disruption has impacted every industry and every economy around the world – including Guernsey.
10/26/2018
75 percent of the sites on the regulator's non-approved domain list have shut down
10/26/2018
The training program will help to strengthen the institutional capacity of the Government and to identify best practices and knowledge to improve the quality of government services and, therefore, increase citizen satisfaction
10/26/2018
The bank complied with the ruling and paid the construction company as was instructed by the Court of First Instance.
10/26/2018
Dion’s understanding about the current CRS status and future developments as well as a high-level impact analysis of the financial industry in Hong Kong can be summarised as follows