12/14/2022
Among other things, the bill provides for the fair transfer of natural resource wealth across generations, and facilitates the using of natural resource wealth to finance national development priorities.
12/14/2022
The combination of charitable and non-charitable purposes in a trust of this sort is allowed under Bermuda law.
12/14/2022
The Commission holds those assets as trustee only (under Bahamian Law), and they will be ultimately distributed, to creditors and clients of FTX, wherever they may be located, in accordance with the court’s direction.
12/13/2022
Those earning less than $60,000 per year will receive $250 and those earning between $60,000 and less than $96,000 will receive $100.
12/13/2022
Enforcement officers will be able to investigate business records to ensure compliance and employers found to be in default will face financial penalties.
12/13/2022
Cooper noted that the legislation will ensure that investments and private share holdings of the government are managed professionally for the long-term benefit of the citizens of The Bahamas.
12/12/2022
Bermuda is far above other countries, and other countries are continuously copying what Bermuda is doing.
12/12/2022
Reform of Guernsey's insolvency regime has long been discussed and a process of reforming the Companies Law to expand and improve the insolvency legislation has been underway leading to the 2017 formal approval of proposals for reform.
12/12/2022
Exempt companies in liquidation from the requirement to have their accounts audited.
12/09/2022
The BVI residency requirement for a voluntary liquidator applies for appointments made after 1 January 2023 and in cases where joint voluntary liquidators are appointed, only one must be resident in the BVI.
12/09/2022
Cooper slammed the Minnis administration’s response to Hurricane Dorian while making his contribution to the debate on the Disaster Risk Management Authority Bill in the House of Assembly.
12/09/2022
The Authority reminds licensed Insurance Managers of their ongoing legal obligation to report any unauthorised material change in the business plan of an insurance company under their management and any other instances of non-compliance with legal and reg
12/08/2022
The priority position with respect to the security will relate only to the specific segregated portfolio and will have no bearing on that of any other segregated portfolio.
12/08/2022
The depth of the knowledge, expertise and experience of service providers here is world renowned.
12/08/2022
Chief Justice Narinder Hargun had estimated that Credit Suisse Life Ltd, a Bermuda-based subsidiary of Credit Suisse, defrauded the Georgian billionaire Bidzina Ivanishvili, his family and two related companies of about $600 million.
12/07/2022
Guernsey's companies law includes many English companies law principles
12/07/2022
One concern is the virtual assets' space, including the virtual and virtual asset service providers.
12/07/2022
The previous Bahamian administration, led by prime minister and finance minister Huber Minnis, launched DARE with great pomp and confidence.
12/06/2022
The grant will support innovative gender approaches, which have a catalytic role in changing social norms and discriminatory practices.
12/06/2022
The FIAU highlighted incidents when high-value transactions went unnoticed by the bank's system