07/29/2016
One big reason is that Beijing seems to have had success in cracking down on the flood of money leaving the country, which had been prompting sizable drawdowns in the central bank's foreign currency reserves, to prop up the value of the yuan.
07/28/2016
ESMA has now published its advice for all 12 jurisdictions against the regulatory frameworks in place and their track record for ensuring effective enforcement.
07/28/2016
The Chamber chairman said pressures would only likely arise when the Government’s foreign currency debts became due for repayment, as this could impose a drain on the foreign reserves.
07/27/2016
The new company law regime in Ireland, introduced under the Act has been in force for just over a year
07/27/2016
Concerns were raised by some MHKs that it is not yet known exactly how many winners and losers there will be.
07/27/2016
The FATCA Online Registration System needs to contain any updates to contact information for the Responsible Officer and Points of Contact to ensure you receive timely system notifications.
07/26/2016
Switzerland said it plans to give information to U.S. tax authorities about accounts at HSBC Holdings Plc's Swiss private bank, as part of a U.S. investigation into tax evasion.
07/25/2016
Guernsey to be evaluated as a trusted jurisdiction that continues to provide a stable and competitive environment for business.
07/25/2016
The Singaporean regulator won’t investigate 1MDB but intends to focus on transactions related to fund flows at financial institutions that may be linked to the sovereign fund
07/22/2016
The new legislation and associated guidance will come into effect on 1st August 2016.
07/21/2016
Esma’s advice needs to be approved by the European Parliament, Council and Parliament for the AIFMD passport to be extended and this could prove a lengthy process.
07/20/2016
The European Commission said it will consider Esma’s recommendations.
07/20/2016
ESMA’s mission is to enhance investor protection and promote stable and orderly financial markets.
07/19/2016
Polar Capital European Forager Fund is based in Cayman Islands.
07/19/2016
The scope was to look beyond the current economic horizon.
07/19/2016
This framework both adheres to recognised international standards for privacy protection and recognises Bermuda’s growing digital market and unique regulatory environment.
07/19/2016
Officials says moving wealthy individuals to the island will also have wider benefits for the economy.
07/18/2016
These changes included the passage of the International Banking and International Business Corporation Acts.
07/18/2016
On Thursday, June 23, the people of Britain voted for a British exit from the European Union in a historic referendum.
07/18/2016
The British Virgin Islands are an associate member.