09/13/2021
Cap on cash transactions leads fight against money laundering
This cap which arose from a government policy discussed in parliament in 2019, will be enforced by a dedicated team from the FIAU.
09/13/2021
FSC issues the Financial Services (Crowdfunding) Rules 2021
Both retail and expert investors will have the opportunity to participate, in a regulated environment, to the growth of SMEs, thus bolstering entrepreneurial spirit in the jurisdiction.
09/13/2021
David’s keynote will discuss how cyber criminals operate, the way criminals exploit businesses and their data, and what firms can do to guard against cyber crime.
09/13/2021
All private funds with a 2020 or a 2021 financial year-end up to 31 March 2021, must submit the FAR and RFE forms by this deadline. CIMA has confirmed that no further extensions will be granted.
09/13/2021
The guidelines will apply six months after the date of the publication of the guidelines on ESMA’s website in all EU official languages, ie from 2 February 2022.
09/13/2021
The key role that Bermuda plays in the supply of risk capacity to the UK makes a notable contribution to a thriving London (re)insurance market.”
09/13/2021
The revised section 54A came into force as of 19 July 2021.
09/13/2021
The plan gives no timeline of how long Malta expects to take to implement the necessary changes. Government sources told Times of Malta they think the process could stretch into 2023.
09/13/2021
The Cayman Islands segregated portfolio company provides asset and liability ring-fenced, separate, segregated portfolios.
09/13/2021
Who is impacted?
09/12/2021
The new EU Commission AML/CFT legislative package revealed
If adopted as such, it will trigger substantial amendments to the current AML/CFT framework.
09/12/2021
SEC sues Rivetz over Cayman-based US$18 million token sale
The token sale between July and September 2017 raised the equivalent of US$18 million from investors
09/10/2021
This Walkers’ briefing addresses issues that may be relevant to the recognition of foreign insolvency officeholders
09/10/2021
At JTC, we strongly believe in continuous learning and development; this is essential in our mission to be excellent in what we do and therefore excellent in how we support our clients and each other.
09/10/2021
The Authority will set the strategic direction of work on bank resolution, oversee the exercise of its legal duties and obligations, and help raise the international profile of the Authority among international counterparts.
09/10/2021
The BMA is a well-respected financial markets regulator, a reputation which extends beyond Bermuda, and has been earned in part through the BMA's ability to innovate and collaborate with market participants.
09/10/2021
Fight against tax evasion targets foreign entities using Malta as layer in elaborate structures to evade tax
09/10/2021
Where a party to BVI proceedings is found to be in contempt, the court has a discretion as to whether it will continue to hear the contemnor.
09/09/2021
The intention of the Act is to strengthen investor confidence in Cayman Islands fund vehicles and to ensure that the Islands remain competitive for investment fund formation.
09/09/2021
Read our latest briefing note on the Statement of Practice recently issued on Trusts and Foundations in response to amendments brought by the Finance (Miscellaneous Provisions) Act 2021 to the Income Tax Act 1995.