10/15/2015
Citibank Maintains Sell For Ensco plc, Diamond Offshore Drilling Inc, And Ocean Rig UDW Inc
Citibank has reiterated a Sell for offshore drillers: Ensco plc, Diamond Offshore, And Ocean Rig, considering their bleak outlook
Regulation, Risk & Compliance
10/14/2015
Brighton SPC placed in liquidation
The majority of investors in the Kijani Commodity Fund are institutional investors, with the largest being Mauritius-licensed life company Belvedere Life
10/14/2015
Guernsey: Guernsey Association Of Compliance Officers Keeps Guernsey Out In Front
The presentation addressed some of the issues that had been raised with IGOR since the passing of US FATCA reporting date on 30 June 2015.
10/12/2015
Positive early performance for DPF 1 listing on Channel Islands Securities Exchange
DPF1 will also make indirect investments via equity securities, units in real estate investment trusts and other vehicles.
10/09/2015
IMF and Central Bank of Trinidad and Tobago bolster capacity building in the Caribbean
The agreement was signed on Monday, in Lima, Peru, at the Second Caribbean Region Dialogue held during the IMF and World Bank Annual Meetings.
10/09/2015
Offshore banks face challenges with local banking
The problem of local retail banks no longer wanting to do business with money transfer firms as a result of perceived regulatory risks is also beginning to impact offshore
10/09/2015
Société Générale takes control of Mauritius Commercial Bank Moçambique
The Société Générale group on 18 March 2015 reached an agreement with the Mauritius Commercial Bank to acquire a stake in MCBM through a capital increase
10/09/2015
National risk assessment reveals major money laundering threats
The way that the laws, regulations and guidance were structured did not anticipate the high level of interagency cooperation and coordination
10/08/2015
JNBS approved for bank in Jamaica
If approved by its membership, the conversion would make JNBS the third largest commercial bank in Jamaica.
10/07/2015
The GFSC sets out approach to EIF Director Thematic Review
The GFSC has today published a Policy Statement and accompanying paper setting out its approach to the thematic review of EIF Directors.
10/06/2015
Mauritius signed an Investment Promotion and Protection Agreement signed with Dubai
This agreement is of strategic importance as significant economic exchanges are planned with the United Arab Emirates for major development projects, in particular the Maritime Hub of Port Louis.
10/02/2015
An alternate route to compliance
Now it seems that government has opted to stick to its current regulatory regime.
10/02/2015
UAE expats and offshore banking: All you need to know
But finding the right bank with the right extras as well as high service standards isn’t easy.
09/30/2015
Keeping in STEP with industry leaders
High profile speakers will put the latest developments in trusts, estates and personal planning in the spotlight at The Isle of Man branch of the Society of Trust and Estate Practitioners' annual conference.
09/25/2015
US Signs Competent Authority Agreements With UK, Australia
The new CAAs lay down a framework for the automatic exchange obligations contained in the IGAs
09/24/2015
BAHAMAS: Fnm Deputy Wants Crown Land Sovereign Wealth Fund
Mr Penn and his family used the property acquired from the Crown to construct what they intended to be a Home Depot-style retail outlet.
09/24/2015
Banking sector very dynamic
Other European jurisdictions are not keen to license new banks
09/23/2015
Need for both investment and reforms in Mauritius
Such companies in Mauritius’s Biopark offer glimpses of a prosperous and more diversified future.
09/23/2015
Guernsey's fund and banking industries show stability in Q2
Guernsey's financial services regulator approved 18 new investment funds during the second quarter of 2015
09/23/2015
Good Resources launching online bank in Gibraltar
The online bank will be oriented to markets in Europe, the Middle East and China