06/12/2020
The fast-tracking would apply for either a general partner of a non-Guernsey limited partnership, or a standalone manager wishing to move domicile to Guernsey.
06/12/2020
The 3-month deferral for DAC2 initially proposed by the European Commission on 8 May 2020, is maintained.
06/12/2020
It also specifies that the leeway it applies will be closely coordinated with national authorities, the ESAs as well as the European Central Bank.
06/12/2020
Regulator says it failed to appoint appropriate directors and meet AML protocols
06/11/2020
The appointed person responsible for the valuation of fund property must value the fund's assets in accordance with the valuation policy.
06/11/2020
Banks see jump in inquiries as savers wonder whether their nest eggs are safe
06/11/2020
By structuring transactions using vehicles domiciled in the ADGM, enforceability of structures and transaction terms can be improved for private equity and venture capital investors.
06/11/2020
The government’s strategy to create a platform for sustainable growth in a “new normal” world is commendable.
06/11/2020
The Court of Appeal also ruled that the assets of a BVI company are not, without more, to be considered the assets of one of its shareholders
06/11/2020
Carey Olsen and Slaughter and May acted for the States.
06/11/2020
The Committee has stated that Guernsey's anti-money laundering legislation will not apply to the proceeds of the lawful cultivation and production of cannabis for recreational purposes in any country where such cultivation and production is lawful.
06/11/2020
Cryptoassets are a new and rapidly expanding asset class with a total market capitalisation of $300 billion.
06/10/2020
Deals that will happen definitely will decline.
06/10/2020
The clause’s reach depends on its precise wording.
06/10/2020
The Harneys team was led by Partner Raymond Ng
06/10/2020
Ogier's Jersey and Guernsey teams have worked alongside a number of market leaders in this area and have significant experience in the regulatory and structuring issues to be considered.
06/09/2020
The Commission has said that Mr Penney engaged in very deliberate improper conduct, profiting to the sum of over £100,000.
06/09/2020
The virtual client event will be launched via Integritas Wealth Partners’ social media channels in the coming days.
06/09/2020
Financial Crime inspections are resuming now as the finance industry has demonstrated its resilience and firms have generally adapted well to new methods of working.
06/09/2020
The government is well aware of the "ticking time bomb" that unfunded civil service pensions represent for both its financial sustainability and that of the country, given that the issue has been identified by multiple observers as a major weakn