08/25/2021
CIMA did not publish the FAR Form publicly meaning only a registered private fund (or a person authorised to act on its behalf) may access the FAR Form within the REEFS system.
08/24/2021
The ODPA’s key strategic objectives set out how it seeks to predict and prevent harms to individuals from poor handling of their personal data and ensure that detection and enforcement activities are proportionate and effective.
08/24/2021
In revising its listing rules to clarify certain disclosure and structuring requirements, TISE is undoubtedly aligning itself with market trends in targeting high quality, institutional investor-led SPAC activity.
08/24/2021
Challenges to voluntary liquidators taking appointments as official liquidators are fairly common in Cayman
08/24/2021
To discuss the changes and what this means for both ILS market participants and the Bermuda marketplace, Artemis spoke with Adderley, who has been working with the BMA on this matter.
08/24/2021
A centralized registry of beneficial ownership information is unequivocally more useful in serving the broader goals of transparency, efficiency, accuracy, and access.
08/24/2021
The survey shows a significant increase in annual payments to those in the US – more than doubling in five years from $24.4bn in 2016 to $58.8bn in 2020.
08/24/2021
The Isle of Man Government recently passed the Beneficial Ownership (Amendment) Act 2021 which comes into force on 1 September 2021.
08/23/2021
The Committee does not believe the ultimate solution must be limited to one of these three options, but it does stress to States Members that any solution needs to be realistic and recognise the scale of the challenge.
08/23/2021
Major Canadian player in Panama Papers scandal, former B.C. lawyer Fred Sharp, is charged by SEC, FBI
08/23/2021
He is also short listed for the Citywealth Future Leaders award for Lawyer of the year IFC Senior/Managing Associate.
08/23/2021
Entities agree to share information on ultimate beneficial ownership
08/23/2021
In a 12-page proposals document for the Budget which will cater for 2022, the MEA said that hope for a fully recovered economy by the middle of this year had dissipated owing to a “misplaced attempt” to kick-start the English Language sector a
08/22/2021
New partnerships formed on or after 1 July 2021 will come into scope from their first accounting period.
08/20/2021
he changes include potentially holding increased regulatory capital (at individual and parent level); additional liquid assets, enhanced regulatory reporting and robust governance frameworks on financial resilience.
08/20/2021
Home Affairs appoints Committee Lead for Justice Policy
This separation of powers is crucial to ensure the criminal justice system operates without political interference.
08/20/2021
Isle of Man issues AML guidance tailored for tax advisors and accountants
The new guidance covers the unique money laundering and financing of terrorism risks faced by the sectors and provides further guidance in respect of approaches to customer due diligence.
08/20/2021
SBDC: $68 mil. spent to date funding small businesses
Sixty-eight percent of funding was guaranteed or direct loans, with 21 percent in govt grants, nine percent in micro loans and two percent from equity contributions
08/20/2021
ESG Align is designed to elevate managers' understanding of climate-related risk in portfolio management, and provide a useful compliance check against the new SFC requirements.
08/19/2021
St Kitts is currently on the UK’s amber list as part of the traffic light system, although fully vaccinated travellers no longer have to quarantine on their return to the UK from amber countries.