06/21/2018
Applications for renewals will also be able to self-validate their health insurance and pension information on the application form, with first-time applicants not being required to provide these details.
06/21/2018
Another Mossack employee wrote: "We all know that we are under severe scrutiny by the authorities, and to present incomplete information to the FIA (the BVI financial intelligence agency) is bad.
06/20/2018
Clarien iTrade, an online brokerage platform, achieved a 140 per cent revenue growth in 12 months.
06/18/2018
Brexit, domicile, fees and passporting – hot topics for Jersey's funds sector
As a jurisdiction for funds and fund administration and with asset managers expected to substantially increase their allocation in alternatives over the coming years, we are extremely confident in the future of our industry in Jersey.
06/18/2018
Jersey's New Charities Law
Some aspects of the Law will also touch upon foreign charities raising funds in Jersey.
06/18/2018
Regularise encroachments in good time
A formal subdivision planning consent issued by the Planning Department is required as informal agreements or transfers intended for 21 years or more are void under the Development and Planning Act 1974.
06/18/2018
AM Best revises PartnerRe ratings
The outlook of the FSR has been revised to positive from stable, while the outlook of the long-term ICR remains positive.
06/15/2018
Bahamas regulators grapple with digital assets
"The Bahamas is well-positioned in that, it's not making hasty decisions to be first."
06/15/2018
US firm penalised as pension mis-selling goes offshore
DeVere USA, which has no link to UK advisory firm Chase de Vere, at centre of concerns over pensions advice to British expats working overseas.
06/15/2018
Maltese-registered companies are running out of time to submit the necessary information about their ultimate beneficial owners without incurring a penalty.
06/14/2018
Flaxbeard agreed that these are being used in increasingly innovative ways including to better manage some of the risks associated with M&A deals.
06/13/2018
GECKO Crypto1 will address issues of accountability and transparency within the ICO market
06/13/2018
Liberia has signed the Convention on Mutual Administrative Assistance in Tax Matters, as amended by the Protocol amending the Convention on Mutual Administrative Assistance in Tax Matters at the Organization for Economic Cooperation and Development (OECD)
06/13/2018
Among the measures which will go into effect from July 1, are: a repeal of the 10 per cent National Social Responsibility Levy (NSRL)
06/13/2018
We can provide a permissive sandbox for innovative crypto businesses to thrive without moving away from the general high standards of regulation that apply in our jurisdiction.”
06/13/2018
While the meetings are meant to focus on Brexit, the decision to impose public registers of beneficial ownership on overseas territories is set to be a major part of the agenda.
06/12/2018
The petition filed by Auctus follows a separate court request last month in the Cayman Islands from an Abraaj investor
06/12/2018
The deal is expected to generate a 3.8-times money multiple and 30% internal-rate-of-return for Silverfleet Capital once completion, which is subject to regulatory approval, takes place.
06/11/2018
The department "is evaluating the submissions from industry on this issue and no decision has been made at this point regarding the addition of these two jurisdictions", he said.
06/11/2018
The Report provides a number of recommendations in this respect including segregation for first line and second line of defense.