09/08/2020
Malta’s lucrative financial services industry and its international ranking has suffered another blow as the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has downgraded the island’s standing to “
09/08/2020
The Bahamas maintains that it is attaining the highest standards in the fight against money laundering, terrorist financing and other identified financial crimes risks.
09/07/2020
Cyprus began offering citizenship in exchange for substantial investment as far back as 2007, but the scheme was stepped up following the Mediterranean island’s 2013 economic crisis.
09/07/2020
Executors of an estate accused each other of misconduct in relation to the administration of the estate.
09/04/2020
The system will also facilitate the secure electronic transfer of information for a range of activities, such as e-commerce, Internet banking and e-communications.
09/04/2020
These countries include Dominica, Grenada, Anguilla, Antigua and Barbuda, Cayman Islands, St. Lucia, New Zealand, Finland, Montserrat, St Kitts and Nevis and St Vincent and the Grenadines.
09/03/2020
“Single family” in this context means an individual or a group of individuals who are connected in at least one of the ways set out in Schedule 4A of SIBL
09/03/2020
The European Commission published a comprehensive report on ‘citizenship-by-investment’ (golden passports) and ‘residence-by-investment’ schemes operated by a number of EU Member States in January 2020.
09/03/2020
The Malta Financial Services Authority (MFSA) has revoked the licence of MPM Capital Investments and issued its directors with 10-year bans following a series of breaches.
09/02/2020
It is time to plan the liquidation of entities that are at the end of their life cycle to avoid unnecessary fees.
09/02/2020
Companies registered in Mauritius were already required to disclose information on their beneficial owners
09/02/2020
The Amendment also clarifies a number of transfers made by trustees that shall be considered as exempt transactions.
09/01/2020
Cyberattacks can result in both financial and reputational damage.
09/01/2020
The suspension of the pension contributions took effect, retroactively, from 1 April to 30 Sept.
09/01/2020
The event will focus on the latest developments and solutions for the most pressing issues facing CFOs & COOs looking to deliver operational excellence and ensure they understand the best solutions currently available, to stay ahead of the competition
08/28/2020
It said that prior to the pandemic, overall bank liquidity was ample and this continued to rise given that savings continued to increase during the pandemic.
08/28/2020
The governmental regulations that offshore banks follow can often create a safer financial environment.
08/28/2020
Two annexes to the letter contain the detail of the suggestions being put forward by ESMA.
08/28/2020
Babbé Senior Associate Elena Gogh discusses a positive report on anti-money laundering practices in Guernsey by the Guernsey Financial Services Commission.
08/28/2020
The States of Guernsey has approved proposals to amend the legal framework relating to beneficial ownership.