12/15/2020
When an individual owns shares (Shares) in a British Virgin Islands business company (BVI) or Cayman Islands exempt company (Cayman) there are various succession planning options one may consider.
12/15/2020
Those wishing to work or stay in the UK for longer will need to apply for a visa under the new immigration system.
12/15/2020
The UK will continue to work with the OTs and provide all reasonable assistance as they develop their registers.
12/15/2020
While no hard deadline has been provided we understand the FIA expects the MLRO Notification of Appointment Forms to be completed and returned in Q1 2021.
12/14/2020
The bill requires that every law firm in Cayman has at least one Caymanian attorney who is a partner or member depending on the type of practice.
12/14/2020
As 2020 draws near to a close, the Cayman Islands heralds a final notable achievement as the UK Government will soon extend its ratification of the United Nations Convention against Corruption (the “Convention”) to the Cayman Islands.
12/14/2020
And we feature an overview piece from the LIBFC's CEO Farah Jaafar sets out how "an innovative and forward-looking intermediation centre" has developed over the years to now offer one of the widest and solutions in Asia.
12/14/2020
The bill is going to proceed to the committee stage this week when various amendments proposed by both government and opposition will have to be addressed.
12/11/2020
Globally, the top five countries in terms of CBI enquiries were all emerging markets: India, South Africa, Bangladesh, Pakistan, and Nigeria.
12/11/2020
Every settlor’s or founder’s circumstances are different.
12/10/2020
Brexit: CSSF on the end of the transitional period
This will especially have an impact on all UK managers managing, on a cross-border basis, UCITS and AIFs established in Luxembourg, as well as passporting rights for cross-border marketing in Luxembourg.
12/10/2020
Clients don’t have to worry about hiring additional staff within a short period of time to fill a knowledge gap in a fast-changing regulatory environment.’ says Kelvin in conclusion.
12/10/2020
The Guernsey Financial Services Commission (“the GFSC”) has this week published a consultation paper containing proposals which would allow different investor categories to take advantage of an appropriately regulated fund structure.
12/10/2020
Pursuant to changes brought to the Act by the Anti-Money Laundering and Combatting the Financing of Terrorism
12/09/2020
Jersey protects its healthcare cyber security
ITC Secure launches 'Healthcare Dome' with Government of Jersey to protect the UK healthcare secto
12/09/2020
The revisions will create the most comprehensive and flexible suite of options of any private fund regime.
12/09/2020
Press officer of the Dutch Finance Ministry Remco Raus said that generally, the Netherlands is prepared to review the tax treaty and is constructive during the process
12/08/2020
Most banks agreed to join this non-prosecution programme, but some did not, or were disqualified from doing so because they were already under criminal investigation.
12/08/2020
Approval must be sought in respect of each individual relevant Scheme.
12/08/2020
This consolidated, wide range of data will constantly be at peril from fraudsters and cybercriminals.