06/22/2015
Strauss-Kahn Shifts Focus From Sex Trial to Hedge-Fund Probe
He and his lawyers must shift their focus to Luxembourg and the failure of a hedge fund that bore Strauss-Kahn’s name.
06/22/2015
Those currency trades involving alleged dirty money were done through several local banks which have come under scrutiny of US prosecutors investigating a US$150 million world football bribery scheme.
06/19/2015
Suspicious activity reports are used by many government and financial institutions to try to identify money laundering, terrorist funding, drug trafficking and other financial crimes.
06/19/2015
Opportunities to invest in Africa and the role that International Finance Centres can play in facilitating growth in the continent will form the focus of an event to be held by Jersey Finance in London next week.
06/17/2015
The IBC will be HSBC's largest branch in Malta by number of clients and will offer customised services in banking, lending, investment, and international account opening to both residents and non-resident personal clients.
06/17/2015
Caribbean countries have been told that they must shift their policymaking efforts to creating and retaining wealth in the region.
06/15/2015
The country is starting to lift the crisis-era capital controls that have been in place since 2008
06/11/2015
Incubator Funds and Approved (Friends and Family) Funds
06/11/2015
On June 8, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with The Bahamas
06/10/2015
Serious Fraud Office actively reviewing material on US action against Fifa
The government has confirmed that the Serious Fraud Office is actively reviewing material related to US action against the Fifa officials accused of corruption
06/10/2015
The Gibraltar FSC signs MoU with the Guernsey FSC
The MoU will serve as a formal agreement to strengthen co-operation between the two supervisory authorities, providing a gateway to exchange information and increase investigative assistance between the two organisations.
06/08/2015
FIFA scandal may lead to tighter Caribbean banking regulations
Correspondent banking - the arrangement that allows a local bank to have access to the services of a distant financial institution
06/08/2015
Expat pensioners losing out as Government thinks they're dead
Elderly Britons overseas who've missed a deadline to prove they’re still alive have had their pensions stopped
06/05/2015
Republic Bank Ltd managing director David Dulal-Whiteway has said the bank is doing an internal investigation into the FIFA-related wire transfers.
06/05/2015
From managing systemic risk to enhancing transparency and investor protection, firms are grappling with balancing the demands of an ever-changing regulatory landscape with limited budgets and operational resources.
06/04/2015
The paper has been developed at the request of HM Government of Gibraltar and is designed to support the further development of the market for personal pensions and ensure that personal pensions continue to be subject to appropriate regulation and investo
06/04/2015
The States of Jersey has introduced legislation that outlaws discrimination against anyone based on their gender
06/04/2015
Gibraltar QROPS operators could see their responsibilities as a trustee extend to include the due diligence of overseas financial advisers
06/03/2015
Bermuda’s government is looking to restructure its banking industry as it seeks to make the jurisdiction even more attractive to the international re/insurance industry and also help improve the island’s unemployment rates.
06/03/2015
“The days of safely hiding behind shell corporations and numbered bank accounts are over,” said Acting Assistant Attorney General Caroline D. Ciraolo of the Department of Justice’s Tax Division.