05/24/2020
In Q1 2021, the Commission will publish legislative proposals "to deliver a single rulebook in the field of AML/CFT, based on a thorough impact assessment.
05/24/2020
Attorney General Samuel Bulgin lent his support to the bill, stating that it strikes a balance between new, innovative ways of conducting business and the public interest.
05/24/2020
The CFTAF rated Cayman only partially compliant in terms of beneficial ownership transparency, citing challenges in verifying the information and a lack of effective sanctions for non-compliance.
05/22/2020
Private funds and limited investor funds existing prior to 7 February 2020, as well as new private funds launched between 7 February 2020 and 6 August 2020, have until 7 August 2020 to register with the Cayman Islands Monetary Authority
05/22/2020
The study compared data on aid disbursements from the World Bank with foreign deposits from the Bank for International Settlements (BIS), focusing on 22 aid-dependent countries including Kenya, Uganda and Tanzania.
05/22/2020
CICA Decision Ting Chuan’s appeal of the refusal to strike out decision was dismissed and the Petitioner’s appeal of the stay was allowed.
05/22/2020
The Courts in all of the jurisdictions above have proactively moved towards virtual hearings to facilitate the continued conduct of Court business.
05/22/2020
At a closed-door videoconference of EU finance ministers on Tuesday, Estonia, Hungary and the Czech Republic opposed the plan, according to three officials who attended the online meeting.
05/22/2020
This alleged non-residence led Hargreaves to claim he was not liable to capital gains tax on a gain of £200 million arising on the disposal of Matalan shares during its time as a public company.
05/22/2020
Banks that participated in the loan facility to Lu’s investment vehicle have signaled they plan to sell Luckin shares pledged as collateral, though its unclear whether they’ve started offloading the stock or how much money they’ll be abl
05/22/2020
Regulations are in place — but 99 percent of criminal proceeds still escape control in the EU.
05/21/2020
This article delves briefly into areas where a director may become personally liable for actions taken when the company is experiencing financial difficulties.
05/21/2020
Bethel said some 116 persons charged before the courts, 79 prosecutions and 46 money laundering convictions.
05/21/2020
Jersey and Guernsey trusts are an essential part of the toolkit
05/21/2020
A private equity fund vehicle (as with any BVI-registered company or a limited partnership) is required to maintain both a registered agent and a registered office in the BVI.
05/21/2020
The auditor tried to have the claim thrown out but the appeal failed and the case will proceed.
05/21/2020
An overview of Guernsey legislative and regulatory developments for the period 18 February 2020 to 15 May 2020.
05/20/2020
The States of Jersey appointed Carey Olsen and Slaughter and May to advise on the RCF.
05/20/2020
The Guernsey Ecclesiastical Court issues a Grant of Probate if the deceased left a Will or a Grant of Administration if they died intestate.
05/20/2020
The Commission intends to deliver on all these actions by early 2021.