01/03/2023
The regulator seized the assets under a court order on 12 Nov. because of a risk of “imminent dissipation” of the assets, the commission’s executive director Christina Rolle said in an affidavit filed with the Bahamas Supreme Court.
01/03/2023
Where customers have not supplied any card details, reported cases of plastic card fraud will be refunded in full.
01/03/2023
Generally speaking, anyone wishing to work in the Cayman Islands must first obtain permission to work, unless they are Caymanian.
01/03/2023
ECCM did not indicate where a transaction of €100 million came from
01/03/2023
Near Field Communication is a form of radio-frequency communication (RFID) that allows for communication between two electronic devices – close proximity wireless data transfer.
01/03/2023
Sun Cash will leverage the Lotus Reward programme to bring in more customers into its Sand Dollar wallet, so they can grow their base.
12/30/2022
In its newly released guidelines, the bank is asking for the risk management framework governing digital assets activity to be fully integrated into the overall risk management processes of the supervised financial institution (SFI).
12/30/2022
The former executives of the cryptocurrency exchange have been charged with multiple counts and types of fraud.
12/30/2022
“All transferred assets were and remain under the sole control of the commission,” Rolle said.
12/29/2022
As a result of the Exchange, the Preference Shares were delisted from the New York Stock Exchange on the Exchange Date.
12/29/2022
The Bahamas has been in an enhanced follow-up process, following the adoption of the CFATF mutual evaluation report, which assessed the effectiveness of The Bahamas’ anti-money laundering and counter-terrorist financing (AML/CFT) measures and the co
12/29/2022
Today marks a new era for the investment immigration industry as we boldly declare that a clear strategy will drive our Citizenship by Investment Programme with the sole purpose of benefiting our people and investors who want to see our nation flourish.&a
12/29/2022
The ruling explains that, according to the law, the supervisor must keep an overview of the activities performed in the context of the supervisory tasks.
12/28/2022
The data also shows that December, the month in which it is believed cash is often sent as a holiday gift, is not always the month of highest inflows, as remittances have crested at other periods over the last three years.
12/27/2022
In the second half of 2022 to date, Leonteq continued to register reduced client demand on the back of an overall challenging market environment but recorded stable monthly net fee income over the same period.
12/27/2022
Block. Bullish, a cryptocurrency exchange, won’t be going public after all.
12/22/2022
The increase is subject to approval by the full States of Alderney next year.
12/22/2022
Holds rate at 7%
12/22/2022
Macroeconomic challenges, driven primarily by external shocks, will continue to present risks
12/22/2022
The report found the company had not been fully compliant for several years because it hadn't invested enough time and resources in anti-money laundering.