12/16/2022
The Company is the parent company of a group (the "Group") which operates a leading financial technology platform providing alternative sources of credit to traditional retail banks for the unbanked and underbanked population of Southeast Asia,
12/15/2022
The Labuan Islamic Digital Asset Centre or IDAC was unveiled in October 2022
12/15/2022
He used the Capitol Hill hearing to blast the Bahamas’ provisional liquidation process for having “no transparency”
12/15/2022
It was due to be debated at the States meeting on 26 January 2022 but was withdrawn from the agenda pending further engagement and consultation.
12/15/2022
The Rule and Statement of Guidance set out CIMA's requirements in relation to the management of cybersecurity risks.
12/15/2022
In this Country Correspondent Report for Islamic Finance News ("IFN"), Manuela Belmontes discusses the activity of the sukuk market in Q3 and the launch of Shariah compliant funds
12/15/2022
“The opportunities that struck me are for those earning less than $16.40 an hour and struggling to meet their needs for themselves and their families.”
12/14/2022
Investor applications for approvals may be submitted directly to the Central Bank
12/14/2022
Bankman-Fried was arrested at his Nassau apartment on Monday at the request of federal prosecutors in New York.
12/14/2022
The SEC in court filings claimed that Bankman-Fried “portrayed himself as a responsible leader of the crypto community.”
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.