09/16/2020
This innovative transaction was structured to be bankruptcy remote with a robust covenant structure representing a hybrid between a securitisation and a corporate debt issuance.
09/16/2020
“We apologize for any inconvenience caused by our closure due to Hurricane Paulette and thank all our customers for their continued business and understanding.”
09/16/2020
Jad joined as a partner in Ogier's Luxembourg-based banking and finance team in August, having moved from New York for the role.
09/15/2020
The following relevant legislation is posted and reproduced with the consent of the States of Guernsey.
09/15/2020
New Regulations have been made (10 September 2020) bringing self-managed funds within scope of Guernsey's economic substance requirements.
09/15/2020
Initially, the role of Jersey's pensions industry in helping the island achieve this target may seem unclear.
09/15/2020
The release of the Guidance follows a period of industry collaboration and demonstrates the Cayman Islands’ continued commitment to a reputable economic substance regime in line with global standards.
09/15/2020
Regulator Marco Zwick on efforts to strengthen supervision after years of criticism
09/14/2020
The Financial Intelligence Analysis Unit (FIAU) in Malta has fined the now-closed MPM Capital financial services firm a record €1.18m for operating as an unlicenced payment services provider.
09/14/2020
With effect from 17 July 2020, Jersey now possesses a statutory regime allowing non-Jersey limited partnerships to migrate into Jersey.
09/14/2020
The Bahamas’ score for its size of government increased from 8.1 out of 10 last year to 9.1 this year — the second-highest score of the list; only topped by Guatemala, which received a score of 9.51.
09/11/2020
Such binding regulation would then mean that cooperation and information exchange across the EU single market “is no longer the exception, but the rule”, the EBA said.
09/11/2020
The premier added that staycations are working “remarkably well” and people are spending lots of money in bars and restaurants.
09/10/2020
The breaches demonstrate Lumiere has failed to comply with the legal and regulatory regime operated in Jersey.
09/10/2020
The unit has already been informed about the two firms whose licences have been revoked.
09/10/2020
Solicitors Regulation Authority has spent at least two years scrutinising firm
09/10/2020
The funds are asking for the return of management fees, director fees, consulting fees, certain operational expenses, audit fees and costs from BDO USA.
09/09/2020
Following Jersey's lead would "come with compromises"
Since the changes were brought in, the island has carried out more than 63,500 passenger tests, finding just 46 positive cases.
09/09/2020
Changes in regulatory requirements reach off-shore destinations
09/08/2020
The governor said that it is crucial to address this speculation, which is dangerous if it becomes a reality.