04/09/2021
The requirements of the economic substance test vary depending on the relevant activities conducted and each relevant entity must make an annual report in order to enable its compliance with the requirements of the economic substance test to be assessed.
04/09/2021
The Code does not create any new substantive rights for employees or offences for an employer.
04/08/2021
This declaration must be filed with CIMA within 6 months of the financial year end of the private fund.
04/08/2021
This year’s big winner is KPMG BVI, who received three awards, including Auditor of the Year, Accounting Firm of the Year, and Insolvency Practice of the Year.
04/08/2021
The BO regime is aimed at improving the exchange of information between Cayman and international regulatory
04/08/2021
A tacit renewal is implied from the actions of the parties to the lease.
04/08/2021
In the majority of cases, the merger is initiated by the company’s founder as a mechanism to take the company private by acquiring the shares of minority shareholders.
04/08/2021
Through a keepwell deed, the PRC parent company undertakes to keep the offshore bonds issuer solvent and financially stable so that it can meet its payment obligations in respect of the bonds.
04/08/2021
The authority said that it expected licence holders to take note of the content of the publication and carry out a self-assessment exercise with respect to the recommendations being made
04/08/2021
Sanne Group plc (“Sanne”) has entered into an agreement to acquire STRAIT, a successful Dallas based fund solutions company for alternative investment firms.
04/07/2021
The authority had warned 1,330 directors in a public notice in December that it would cancel their registrations if they did not comply with the requirements.
04/07/2021
This mandate for transparency in many jurisdictions has changed the game in the financial industry around the world and Mauritius as a responsible player has been no exception.
04/07/2021
It is a member of the EU and offers its citizens visa free travel to over 180 countries.
04/07/2021
Practically it would seem prudent, given the possible temporary nature of the amendment introduced by the 2020 Act
04/07/2021
The company does not however need to be incorporated in the UK and may therefore be incorporated in Jersey.
04/07/2021
RBC sold its Eastern Caribbean banking operations to a consortium of regional banks which includes 1st National Bank of St. Lucia, Antigua Commercial Bank, Bank of Dominica, Bank of Montserrat, and The Bank of Nevis.
04/07/2021
The CTA requires FinCEN to maintain the reported beneficial ownership information in a confidential, secure, and non-public database.
04/07/2021
Other companies will be forced to abandon, or at least delay, planned growth projects.
04/07/2021
Pursuant to the terms of the loan, ZZHK also had a contractual entitlement to recover its costs of the rectification application from Geoswift.
04/06/2021
Given the influence that the US has on the world economy, any experiment by the US is likely to have a global impact.