04/15/2021
The application involved both Guernsey legal and regulatory aspects, as well as dealing with US Counsel in order to ensure the migration into Delaware.
04/15/2021
These obligations are expected to come into further focus as the European Commission designates additional high-risk third countries in response to the FATF expanding its list of monitored jurisdictions.
04/15/2021
The BMA also approved Kettle as an innovative intermediary and BGC Re (Bermuda) as an insurance broker.
04/15/2021
Platinum Compliance's regulatory and compliance services will now be also offered by Ocorian as part of an integrated client service offering.
04/15/2021
Board does not see any ‘commercial logic to justify a combination of the two businesses’
04/15/2021
Foreign exchange outflows expected to increase
04/15/2021
The analysis has also revealed the need for legislative and regulatory reforms in the areas of intervention, enforcement, and resolution.
04/14/2021
How much, how often and what to do if you breach the limits?
04/14/2021
The Panama Papers scandal helped create a “snowball effect” of international awareness on how anonymous corporate vehicles can enable tax evasion, corruption, and crime, advocates say.
04/14/2021
The Financial Services Commission (FSC) in Mauritius issued an Anti-Money Laundering and Combatting the Financing of Terrorism Handbook 2020 (AML/CFT Handbook) in January 2020
04/14/2021
It is a member of the EU and offers its citizens visa free travel to over 180 countries.
04/14/2021
The penalty amount took into consideration BJS’s remediation actions to address deficiencies that were identified by MAS.
04/14/2021
The new fund categories have proved popular with many new managers and, thanks to their growing asset bases, many of these managers are now reaching the threshold limits for conversion.
04/13/2021
The team will also work with climate change risk solution service providers (to the financial services sectors) wishing to participate in the Authority’s innovation hub.
04/13/2021
The Regulatory Update provides a snapshot of the key legal developments in the Cayman Islands over the last quarter.
04/13/2021
The Regulatory Update provides a snapshot of the key legal developments in the BVI and the Cayman Islands over the last quarter.
04/13/2021
The plan included the establishment of the UBO registry - an already existing obligation under the EU’s 4th anti-money laundering directive.
04/12/2021
The United Kingdom remains an important trading partner as The Bahamas seeks to expand its trade exports.
04/12/2021
The MFSA also ensures that consumers are protected from scams which, Grech confirmed, with the increased use of technology have become more complex.
04/12/2021
The rise of alternative currencies, particularly digital tokens or cryptocurrencies, continues to channel money outside of the formal economy into digital and informal spaces.