Managers of Wealth Offshore

Mauritius Minister of Health Issues Regulations Under Section 79A of the Publish Health Act - The Employment Perspective

Mauritius has been under a national lockdown since 20 March 2020

EU lists Mauritius as high risk country for money laundering

The EU’s revised list for high risk countries considered developments that have taken place at the international level since 2018.

EU, Caribbean Nations at Loggerheads Over Money Laundering Blacklist

The EU blacklist uses the FATF monitoring list as a starting point and serves as a way to hold the included countries accountable since the FATF has no enforcement ability of its own.

The End Of Treaty Abuse And A Fresh Start Of Tax Treaty Use – The Multilateral Instrument (MLI)

Each signatory has chosen which Double Tax Treaties to be included in the Instrument and submitted its MLI positions with respect to the different options provided for in the MLI.

Bermuda edges towards phase two of its COVID-19 response strategy

Bermuda is also looking at other COVID-19 related apps that will help the country manage the pandemic

Malta delays the start of EU office to fight corruption

Without Malta's nomination, EPPO will not be able to operate

Liquidity Options for Fund Managers

Even during times of crisis, a manager is constrained by the powers that are granted to them under the terms of the fund documents, and they will generally not be able to take any actions that are not expressly permitted under those documents.

Bermuda: Economic substance declaration portal now available

The ESD will collect information that will be considered by the Registrar when determining whether an entity meets the economic substance requirements, including the following types of information:

Q & A On The EU Listing Of The Bahamas

The Bahamas will continue to liaise with the FATF to ensure the on-site inspection takes place

Bahamas 'disappointed' by EU's blacklist proposal

The Caribbean jurisdiction, which is also part of the British Commonwealth, underlined that it remains fully compliant on tax co-operation and transparency and is not included on any EU blacklist for tax purposes.

Harneys litigation podcast “Take 10” season two

Could the common law power of recognition be relied upon by PRC Administrators instead?

Governor Byles promises Jamaica will be off EU blacklist next year

Governor Byles pointed out that the BOJ's recently overhauled regulatory regime for electronic retail payment system, dubbed the fintech regulatory sandbox would assist in the Jamaica getting off the blacklist.

Jersey and Guernsey renew French trade partnership

Due to covid-19-related travel restrictions, the parties agreed to go ahead with the signing by video conference instead.

Big Brother and the Pandemic

The data could be used to inform policy around “de-escalating” lockdown measures and to ensure precious resources are allocated to “hot spots” in an evidence-based manner.

Luxembourg introduces state guarantee scheme for new bank loans for a maximum period of 6 years

The Law also provides for the remuneration of guarantee ranging from 25 basis points for a maturity date of 1 year for small and medium size companies up to 200 basis points for a maturity of six years, for large companies.

Premier: EU blacklist remains concern

Says work to get Cayman removed from list continues "a pace"

EU Executive Proposes Anti-Money Laundering Body

One influential EU lawmaker said it should be a new agency not part of the European Banking Authority.

Wrongful Trading, Fraudulent Trading and Director Duties_A Cayman Islands Perspective

The Cayman Islands government has been praised for its early and aggressive measures to limit the spread of COVID-19.

Jersey poised to launch lockdown exit strategy – but what can UK learn from islanders?

Jersey’s Chief Minister next week expected to make announcement that will see ‘soft lockdown’, which will ease restrictions on island

Cayman: A History of Cooperation and the Building of a World-class IFC

This is due to a variety of factors

Regulation, Risk & Compliance