09/10/2021
The BMA is a well-respected financial markets regulator, a reputation which extends beyond Bermuda, and has been earned in part through the BMA's ability to innovate and collaborate with market participants.
09/10/2021
Fight against tax evasion targets foreign entities using Malta as layer in elaborate structures to evade tax
09/10/2021
Where a party to BVI proceedings is found to be in contempt, the court has a discretion as to whether it will continue to hear the contemnor.
09/09/2021
The intention of the Act is to strengthen investor confidence in Cayman Islands fund vehicles and to ensure that the Islands remain competitive for investment fund formation.
09/09/2021
Read our latest briefing note on the Statement of Practice recently issued on Trusts and Foundations in response to amendments brought by the Finance (Miscellaneous Provisions) Act 2021 to the Income Tax Act 1995.
09/09/2021
By 2023, public beneficial ownership standards are expected to become the global standard, the ministry said.
09/09/2021
The Authority has not issued any licences to any of the ThinkMarkets companies including Think Capital Limited.
09/08/2021
The Association of Cyprus Banks (ACB) in a statement issued afterwards said the banks “have listened carefully” to the concerns and thoughts of the economic stakeholders
09/08/2021
The proposals aim to facilitate effective and consistent cross-border application and implementation of EU AML / CFT rules and introduce a new more stringent enforcement framework in the EU.
09/08/2021
A tale of two territories
09/07/2021
The government has not been convincing that it has a plan to get out of greylisting and if it does, it has not effectively communicated those plans.
09/07/2021
The fee waivers were first recommended in 2019, and the Deputy Premier explained that a subsequent analysis showed that the implementation of the policy would have a negligible impact on Government revenues while also providing a real benefit to Cayman&am
09/07/2021
No other creditors expressed opposition to the appointment of the VLs and on the eve of the hearing, another significant creditor confirmed in evidence that it did not oppose their appointment.
09/07/2021
These may also apply to Limited Liability Companies, Partnerships, Exempted Limited Partnerships and, in certain circumstances, to foreign companies, but this summary focuses on CayCos.
09/07/2021
The Luxembourg Beneficial Ownership regulatory framework has been completed first with the issuance on February 15, 2019
09/05/2021
The move comes six months after a group of international journalists, coordinated by OCCRP, published their OpenLux investigations, revealing how the country’s opaque financial system allows criminals and the corrupt to avoid taxes and launder their
09/03/2021
The Irish Government has noted that during the interim period of 1 September to 22 October 2021, a careful and gradual approach should be taken to re-opening.
09/02/2021
The DPA applies to data controllers, namely persons who either alone or jointly process personal data, or have control over, or authorise the processing of personal data.
09/02/2021
With the deadline approaching fast, CIMA has published a Notice to advise that the related fund entity (RFE) form for private funds is now available for completion on CIMA's online portal (known as REEFS).
09/02/2021
Briefly, FIA's functions are to investigate any suspected financial offences, the proceeds from financial offences and any matter referred to in financial legislation generally.