05/04/2017
Guernsey unveils new pension supervisory framework
Firms providing pensions have always been subject to licensing and supervision
Regulation, Risk & Compliance
05/04/2017
IoM regulator to publish members’ conflicts of interest
No fewer than seven members, which includes the chief executive, are appointed by the Isle of Man Treasury to the FSA.
05/03/2017
TISE launches Channel Islands and Isle of Man segments
Companies are eligible for inclusion on the Channel Islands or Isle of Man segments if they are trading companies
05/03/2017
New Heads Of Agreement For Management Of Baha Mar
CFTE operates over 60 hotels worldwide and has gaming investments and operations in Australia and other developments around the world.
05/03/2017
GCC desire for innovation together with robust financial regulation on the agenda for Jersey Finance event
The event has seen the launch of a joint Jersey Finance and Hubbis white paper on "Driving forces behind HNW investors" examining trends and developments in the GCC.
05/02/2017
Morgan Sharpe rebrands to Estera
The deal completed on Friday 28 April and will see Morgan Sharpe, rebranded under the Estera name to become Estera Administration (Guernsey) Limited.
04/27/2017
Offshore wealth: Tax amnesty to lure back money opposed
Mainstream political parties that have a presence in parliament on Wednesday opposed the government’s move to offer a tax amnesty scheme in order to lure Pakistanis who have stashed money abroad to bring their wealth back. The government put to tes
04/27/2017
HMRC Still Suspects QROPS Are Breaking Pension Rules
The measure suggests HMRC believes some providers or jurisdictions have wrongly signed off they meet UK QROPS rules.
04/27/2017
Update on UK Domicile and Tax of Offshore Trusts
The Chartered Institute of Taxation has indicated that these changes likely will be introduced following the election
04/26/2017
Inaugural Guernsey Private Investment Funds launched
The PIF recognises that certain investment funds are characterised by a relationship between management and investors that is closer than that of a typical agent.
04/26/2017
Hawsford can now provide trust services in Singapore, having secured a trust licence.
Generations of clients take confidence in our technical expertise and personalised approach.
04/26/2017
Merger Dissenters Prevail in Cayman Islands Grand Court Ruling
The Court concluded that the merger price (i.e. the amount offered to shareholders as consideration for the take-private) was too low.
04/24/2017
Guernsey publishes Digital Sector Strategic Framework
This framework will support government and business as they look to capitalise on the significant opportunities that exist in this fast-growing sector in the years to come.
04/21/2017
Hong Kong: Update on automatic exchange of financial information
Update on automatic exchange of financial information (AEOI) partners
04/21/2017
GFSC Publishes its Business Plan for 2017/18
This business plan sets out our programme of work for the period 1 April 2017 to 31 March 2018.
04/18/2017
Your Taxes: Why the Banks are Cranky
In March 2014, the Bank of Israel issued an instruction to Israeli banks to comply with FATCA.
04/13/2017
Bob Bail-Out Debtors Block Property Access
The Bank of the Bahamas ‘bail out’ saw 13 ‘bad’ loans transferred from its balance sheet to Bahamas Resolve, in exchange for $100 million in government promissory notes (bonds).
04/12/2017
TISE gains recognition from German regulator, BaFin
The application to BaFin was supported by the German Investment Funds Association, BVI (Bundesverband Investment und Asset Management).
04/12/2017
New Jersey and Guernsey Private Funds Regimes
In this situation a more informal and flexible regulatory regime may be appropriate for the fund and its investors.
04/12/2017
Ghana, Czech sign Double Taxation Agreement
It will also eliminate the incidence where income from both countries are taxed twice and as well as increase Ghana’s Exchange of Information network