09/09/2016
The HKMA statement underlined the importance of anti-money laundering and counter-terrorism controls, but said that a risk-based approach should be adopted by banks to stop small firms from being effectively excluded from banking services.
09/08/2016
Maldives: How do you launder $1.5 billion?
09/08/2016
The Securities and Exchange Commission said in a Wednesday filing that nothing had happened and argued for Kapur’s continued detention.
09/08/2016
As of Thursday, 1 September, Caymanians looking to participate in potential business endeavours with foreign investors must state their interest, in writing, to both the investors and the Trade and Business Licensing Board.
09/08/2016
“This week of action is the result of months of collaboration with domestic Agencies to share intelligence and information,” Ms O'Dwyer said.
09/07/2016
CAYMAN ISLANDS: Bill aims to update intellectual property rights
Proposals include protection for design rights, halting frivolous patent lawsuits
09/07/2016
As previously announced, the new legislation aims to reform the taxation of non-domiciles and will have practical implications for those who purchase, hold or sell UK residential property through offshore structures.
09/06/2016
The British bank faces a lawsuit after underwriting a convertible bond deal that left investors with worthless stock.
09/06/2016
In a closely fought contest it all came down to the last ball with Appleby able to scrabble a single to earn a draw and retain the urn.
09/06/2016
Robert Tchenguiz followed suit and filed against the same defendants in 2015.
09/06/2016
Ministers say analysis of papers by crimes taskforce also resulted in 15 unannounced visits and three search warrants
09/05/2016
Financial storm centres on Belvedere Management Ltd, which controlled billions of assets
09/05/2016
The call for a review will come as an amendment to the Government’s finance bill on Monday and follows a series of Herald investigations that revealed how the Scottish-based firms were being used to launder profits from gun-running deals.
09/05/2016
Cahuzac, who acknowledged evading taxes for two decades, faces up to seven years in prison and a 1 million-euro fine if convicted.
09/05/2016
Corruption whistleblower should be protected not punished
This behaviour should be praised not punished.
09/02/2016
The current legal action has its roots in Singer’s long fight to reclaim funds lost when Argentina defaulted on government bonds held by NML.
09/01/2016
During the meeting, the task force decided to ask Mega Bank's board of directors for data regarding the bank's 74 questionable accounts and 174 suspicious trades between its New York and Panama and Colon branches
09/01/2016
A mortgagee (lender) has several remedies available to it when there is a default under the mortgage and it seeks to enforce its security. The most frequently used remedies are as follows:
09/01/2016
In an effort to promote greater transparency within the financial industry, the Confidential Information Disclosure Law, 2016 (the “Law”), was passed in the Cayman Islands Gazette on 22 July 2016.
09/01/2016
Member States are of course allowed to implement stricter rules as they deem appropriate.