06/14/2019
The rule applies to all forms of property (including shares and intangible property) irrespective of where the deceased died, where they resided during their lifetime, and whether or not they left a Will.
06/14/2019
In the closed-ended sector, the gearing level is lower, with gross asset values of £191.2bn (December 2018: £194.5bn) implying a gearing level of 9.3%.
06/13/2019
At the end of April, the islands issued a joint guidance document which provided further clarification on the application of each CD’s economic substance legislation.
06/13/2019
Rogue IFAs usually target expats that have just arrived and have no investment experience, offering high-risk investments that they claim is safe.
06/13/2019
The OECD reported last week that more than 90 jurisdictions participating in a global transparency initiative under the OECD’s Common Reporting Standard since 2018 have now exchanged information on 47 million offshore accounts, with a total value of
06/12/2019
Attorney General Samuel Bulgin said the the characterisation of Cayman's ‘excluded persons' regime, which is now being eliminated, was another case of misperception.
06/12/2019
The Memorandum of Understanding was signed by the Commissioner of Japan’s National Tax Agency Takeshi Fujii and OECD Secretary-General Angel Gurría.
06/12/2019
Up to this point, it had appeared that the FIAU was doing their job, and the police were failing to do their part in terms of acting upon the intelligence submitted by the FIAU.
06/12/2019
His is the largest such issuance after the ruling combine came back to power with a bigger majority.
06/12/2019
Restructuring specialist Leonard Curtis Business Solutions Group has opened its first offshore office in the Channel Island of Guernsey to provide specialist insolvency services and asset protection
06/12/2019
Guernsey, Jersey and the Isle of Man were the first to release draft “Economic Substance Requirement” legislation and worked closely together to ensure a uniform approach to implementation, which was effective from 1 January 2019.
06/12/2019
Regarding The Bahamas’ hosting duties for the 50th annual conference, Mr Johnson noted it’s been tradition for The Bahamas to host the conference every ten years.
06/12/2019
FBI praises island in fight against financial crimeFBI praises island in fight against financial crime
06/12/2019
It’s the professional services group’s 18th location and first offshore office.
06/12/2019
The mutual evaluation report of the Caribbean Financial Action Task Force heavily criticised the Financial Reporting Authority, stating it did not have the tools to assist investigative authorities in the identification of cases.
06/11/2019
The decision came following an application for directions in connection with the withdrawal of an application for leave.
06/11/2019
CEO of The Bahamas Financial Services Board as she introduces some of the highlights
06/11/2019
Butler University first established a presence in Bermuda in 2017 when it became what was believed to be the first student-run captive insurance company.
06/10/2019
The OECD, which has led the effort on behalf of the G20, said Friday that the widespread adoption of its exchange-of-information (EOI) initiative had led to an estimated 500,000 individuals disclosing offshore assets to their domestic tax authorities for
06/10/2019
They resolved to “assist with the creation of standard written operating procedures for the investigation of acts of corruption.”