05/04/2021
For this reason, it is the ideal go-to source for up-to-date information, especially if you are looking to open a payment account, making it easy for you to compare fees through the table which is generated based on your selection.
05/03/2021
Some of the bank’s customers had previously been arrested for forgery
04/30/2021
Federal finance committee shut down Isle of Man hearings in 2016 after KPMG objected
04/30/2021
Malta appears to have passed its Moneyval test although a final verdict still awaits within the Financial Action Task Force, an international oversight body
04/30/2021
Pope Francis set a 40-euro ($48) gift cap for all Vatican employees in one of his biggest efforts yet to crack down on corruption in the Holy See
04/30/2021
Therefore, the option to register a PIF in exactly the same way as one does today will remain.
04/30/2021
“In addition, firms will need to identify which of the various international standards and regulations may apply to them and their clients and upskill their staff appropriately.”
04/30/2021
The notice also reminds constituent entities that the filing deadline for country-by-country (CbC) reports is no later than 12 months after the last day of the reporting fiscal year of the multinational enterprise (MNE) group.
04/30/2021
The Central Bank itself may prepare a resolution plan for a bank using information and analysis submitted by the bank.
04/29/2021
The Ordinance widens the class of partnerships or body corporates that are qualified for appointment as auditor of a Guernsey company.
04/28/2021
Isle of Man shell companies protecting identity of wealthy Canadians
04/28/2021
A plan could be imposed on one or more dissenting classes of senior creditor where approved by a class of junior creditor so long as it can establish that in the relevant alternative they would have a genuine economic interest in the company.
04/28/2021
In this series of user-friendly guides, our regulatory team walk you through the key topics of how to avoid a referral, what to do if you are referred, how best to identify and manage conflicts of interest and how your firm should approach AML to ensure c
04/28/2021
The KPMG team will be co-led by Dr Nicola Mazzarotto, global head of economics for KPMG and Simon Nicholas, partner at KPMG in the crown dependencies.
04/28/2021
James Tracey, Managing Director of JTC’s Guernsey office, explores how the efficient and popular Private Investment Fund (PIF) regime is improved by the issuance of the 2021 Rules and Guidance…
04/27/2021
The Financial Action Task Force (FATF), based on its fourth round of mutual evaluation, highlighted and discussed the challenges in the effective implementation of UBO identification and access to information; see the FATF paper ‘Best Practices on B
04/27/2021
THERE is no desire to look for ‘trophy cases’ when it comes to enforcement, the Guernsey Financial Services Commission has said.
04/27/2021
CIArb Bahamas says country now has highest amount of fellows per capita in the region
04/27/2021
On 1 March 2021, the European Banking Authority ("EBA") published its final report with revised guidelines on customer due diligence
04/26/2021
The changes will introduce new asset classes with various sub-classes, such as loans and alternative investments including hedge funds and private equity, with the aim of providing more granular information to further differentiate the risks presented and