10/16/2017
ICIC Resolution On Transparency & Outsourcing
ICIC Resolution On Transparency & Outsourcing
Regulation, Risk & Compliance
10/16/2017
State Bank of Mauritius Launches Lending Pilot With Blockchain Startup
We are keen to explore providing banking services to this innovative company.
10/16/2017
Vijay Mallya firms had deals with company named in Panama Papers
This was maneuvered by non-disclosure of material facts.
10/16/2017
Imf's 'Well-Managed' Financial Contraction Findings Premature
The International Monetary Fund, in a paper accompanying its full Article IV report on the Bahamas, suggested that the financial services sector’s economic impact had “remained broadly stable” despite a 65 per cent contraction in bank an
10/13/2017
Riddle Of The Disappearing QROPS List
On October 10, a new list was released by HMRC without explanation.
10/11/2017
Meltdown
Professionals in the industry are now calling on the government to address these matters with a sense of urgency as the employment of thousands of Bahamians is at stake.
10/10/2017
Buy Your Citizenship With Bitcoin
The arrangement particularly benefits wealthy people from the most «troubled» countries, such as in Eastern Europe or Asia and Latin America.
10/10/2017
StanChart under probe: Abuse of financial system won't be tolerated, says MAS
Authority makes stance clear as it probes StanChart's $1.9b Guernsey to S'pore transfer
10/10/2017
Private Bankers Seeking Break From Swiss Crisis-Era Rules
Regulator plans to relax rules for small Swiss banks
10/06/2017
Regulators probe Standard Chartered over 1.4 bln dollar transfer - source
Under the rules countries will agree to automatically share annual reports about accounts belonging to people subject to taxes in each member nation.
10/06/2017
European Union ‘blacklist’ decision due in December
If the EU uses a transparent and objective evaluation process to determine its blacklist.
10/06/2017
Iceland PM sold bank assets hours before financial crash, leaks show
Exclusive: Bjarni Benediktsson, current Iceland leader, sold millions of króna of Glitnir assets before state took control in 2008
10/06/2017
UK Residential Properties 1 April 2017 valuations
The effect of this valuation requirement is that from 1 April 2018, in some cases, a UK residential property may shift to the higher (or possibly lower) ATED band, leading to an increased (or decreased) ATED charge.
10/06/2017
Artex assists British Airways in pension longevity transaction
The selection of the insurance manager was another key decision
10/06/2017
Isle of Man fights back against fraud
The Act puts in place similar laws to those of the UK.
10/05/2017
Former finance minister Tonio Fenech gets MFSA reprimand over Falcon Funds fiasco
Tonio Fenech and two other directors are now prohibited from taking any new appointments in licensed financial services activities for two years
10/04/2017
Mauritius central bank cautious on moves
Despite concerns, the financial system is judged to be sound
10/02/2017
Gibraltar Financial Services Commission supports World Investor Week
We are also publishing an article every day this week which will focus on financial matters for consumers.
10/02/2017
Cayman Islands enhances its Statement of Guidance on the Nature, Accessibility and Retention of Records - Appleby
It is not intended to be prescriptive or exhaustive but rather it sets out CIMA’s “minimum expectations” of a relevant entity’s record keeping arrangements.
09/29/2017
Sanne to buy Luxembourg Investment Solutions and Compliance Partners
The addition of LIS and CP into our existing Luxembourg operations is a significant development for us.