07/31/2015
The European Securities and Markets Authority delivered their advice to the Commission, Parliament and Council of the EU on the extension of Alternative Investment Fund Managers Directive passports to non-EU jurisdictions.
07/31/2015
AIMA said it supported the granting of the passport to Switzerland, Jersey and Guernsey. But AIMA said the passport should be granted to all the main asset management and fund jurisdictions.
07/31/2015
An international accounting firm is being brought in to assist the Cayman Islands Monetary Authority with a forensic review of any local bank transactions connected to the U.S.-based indictments of FIFA officials
07/29/2015
The Bahamian legislation which governs the principles to be applied in matrimonial proceedings are set out under the Matrimonial Causes Act which mirrors the English Matrimonial legislation in the United Kingdom.
07/29/2015
The Cayman Islands-based Sosnowski Offshore Fund, Ltd. filed D Form for $2.69 million offering.
07/27/2015
Plans to create a public registry of the real owners of UK companies should be extended to make it clear who is behind the companies that own high-value London properties, Global Witness has said.
07/27/2015
They have all been closed along long branches throughout the Bahamas and Turks and Caicos Islands.
07/24/2015
Russian tycoon accuses Swiss art agent of pocketing US$1b secret profits
07/23/2015
The new law would allow foreigners who invest more than US$1 billion to own land in perpetuity, provided 70 per cent of it is reclaimed from the Indian Ocean.
07/22/2015
The paper looks to position Guernsey so that it is well placed to take advantage of opportunities in the current digital age.
07/21/2015
The hunt for assets belonging to failed funds management empire Van Eyk has moved to tax haven the Cayman Islands.
07/21/2015
Collaborative approach prepares legislation in readiness for AIFMD recommendations
07/21/2015
Western Union counters in the Cayman Islands closed without warning Friday after Fidelity Bank’s board of directors decided one day earlier to end the service
07/17/2015
Where is has a Jersey general partner acting as its Jersey AIFM.
07/16/2015
QROPS provider Sovereign has teamed up with Alexander Beard to give overseas advisers access to the FCA-regulated advice now required for transfers out of defined benefit schemes.
07/15/2015
It was still a relatively small component of the market
07/15/2015
The passport would allow Cayman funds to be marketed to professional investors across the EU
07/14/2015
Second interim distribution announcement
07/13/2015
Permitting extension of the passport to the Cayman Islands would be of significant benefit to EU investors
07/12/2015
Kading noted in the EIOPA equivalence consultation [completed in early 2015] that supportive letters from key EU stakeholders were filed in support of the Bermuda application for full equivalence.