08/19/2020
The Regulations make it clear that migration does not create a new legal entity. Rather, the foreign law limited partnership 'continues' in Guernsey as a Guernsey law limited partnership.
08/19/2020
Despite the many challenges faced, CIMA looks forward to working with all industry stakeholders, the Cayman Islands Government and other competent authorities to ensure that the jurisdiction remains a top domicile for funds services.
08/19/2020
At this point in time it’s impossible to estimate how many businesses will be affected and what that will mean in terms of destroyed business value and assets.
08/19/2020
Oak, a specialist in private client, corporate and fund administration has 20 years’ experience and grown rapidly across six jurisdictions with 200 employees worldwide.
08/19/2020
If accurate, such projections imply that more than $1 out of every $5 earned by the Government in revenue will be used to meet foreign currency debt payments, thereby sucking increasing sums away from critical public services such as healthcare, social se
08/19/2020
Bonds issued by financial companies jumped 25 percent to $14.28 billion, and the money raised was mainly used to support the real economy.
08/19/2020
Policy enhancements can be negotiated to address critical risks for the commercial real estate industry.
08/18/2020
The first periodical reporting by the Cypriot Tax Authorities to other interested countries will take place on 30 April 2021.
08/18/2020
P&C insurers urgently need to adopt new digital capabilities to improve services and increase efficiency, are making investments in cloud technologies and digital channels.
08/18/2020
It is also in keeping with the new trend of working from home since the onset of the pandemic and would not displace jobs in the host country.
08/17/2020
This month, Apex’s Matthew Charleson and Graham MacDonald wrote for Thomson Reuters Regulatory Intelligence on the ISAC Act and its potential uses.
08/17/2020
Any “purported extension” of current list of SFTs will not impact the honest taxpayers as they are not required to file details of high value transactions in ITRs, an official said.
08/17/2020
That caused spreads on new issuances to follow the trend of the secondary market, Swiss Re explained.
08/17/2020
The BMA has also proposed changes to reinforce its internal procedures, ensuring there is more transparency when enforcement measures have been commenced.
08/17/2020
The Bahamas government says it will continue to implement protocols aimed at reducing the spread of the coronavirus (COVID-19) especially among the frontline health care workers. “Protocols will continue to be implemented to minimize patient and st
08/16/2020
Fund finance options are available to SMAs as they would be to more traditional “funds”, and in the last few years there has been an increased appetite from banks and credit funds in the market to provide SMA financing.
08/14/2020
Exceeding borrowing costs” correspond to the amount by which the deductible “borrowing costs” of a taxpayer exceed the amount of taxable “interest revenues and other economically equivalent taxable revenues”.
08/14/2020
This new guidance was developed in response to feedback from statutory private sector consultations
08/14/2020
We provided continuous support during the event and the feedback from CIFO and the attendees has been very positive.
08/14/2020
SPACs, also known as “blank cheque companies,” are re-emerging as a powerful alternative to traditional IPOs in the current volatile market.