02/04/2020

‘Cyberattacks, biggest threat to African businesses’

It cited an African cybersecurity study by Demadiur Systems Limited, which revealed that banks, insurance companies and government institutions in Nigeria spent an estimated sum of $270.22m in 2018 to prevent cyberattacks.

02/03/2020

FPIs may skip Mauritius, Caymans

The development comes after the Securities and Exchange Board of India introduced new categorisation rules for FPIs in 2019.

01/31/2020

Netherlands delays beneficial ownership register

Under the original Bill, each corporate or other entity incorporated or founded in the Netherlands must obtain and register information on the persons who ultimately own or control them.

01/31/2020

Highlights of economic substance guidelines

The aim of the guidelines is to assist in determining whether entities are within the scope of the requirements of the economic substance legislation and regulations

01/30/2020

Rights to inspect: The 'Proper Purpose' Test

Following consideration of decided case law , the court dismissed the application on the basis that Houldsworth had failed to establish that the purpose to inspect the register of members was improper.