01/15/2020
The Commission de Surveillance du Secteur Financier, published CSSF circular 19/732 regarding clarifications on the identification and verification of the identity of ultimate beneficial owners.
01/15/2020
A new EU Disclosure Regulation EU/2019/2088 on disclosures to be made by asset managers and investment funds relating to sustainable investments and sustainability risks has been made.
01/15/2020
France has blamed the jurisdictions' deficiencies in the exchange of tax information for the listing, stating that French tax authorities were unable to obtain the requested information.
01/14/2020
Under the bill, CIMA will have the power to enforce special measures against a private fund if the authority believes the fund has breached
01/13/2020
The FCA is now the anti-money laundering and counter terrorist financing supervisor for businesses carrying out certain cryptoasset activities under the amended Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017.
01/13/2020
The Notice highlights the prohibitions relating to asset freezes
01/13/2020
Both this summary, and the more detailed client advisory, are based on the Bill as published.
01/13/2020
Directors of registered mutual funds are required to be individually registered or licensed under the Director Registration and Licensing Law.
01/13/2020
Appleby said: Congratulations to the AkinovA team on the completion of the first cyber parametric instrument trade.
01/13/2020
There are currently no specific rules covering providers on the island
01/12/2020
Crypto-investors and users, as well as crypto-asset service providers, are exposed to high risks.
01/10/2020
The demand for greater scrutiny over high-risk international transactions is not new for banks in the EU.
01/10/2020
Bermuda has passed amendments to its economic substance laws to more closely align Bermuda’s regime to that of other 2.2 jurisdictions.
01/10/2020
This information will now be collected on the register, under the control of the Superintendence of Non-Financial Institutions.
01/09/2020
Regardless of the jurisdiction, all art transactions carry risk.
01/09/2020
The IFA Amendments are intended to further enhance Bermuda’s regulatory framework, primarily in relation to categories of investment funds that previously did not require any registration or regulation in Bermuda.
01/09/2020
The use of arbitration varies between jurisdictions, but in general is less common in countries such as the UK where there is a dedicated tribunal system for employment claims.
01/09/2020
Will gained a law degree from the University of Durham, followed by completing the Legal Practice Course in York.
01/08/2020
Equally vital is for administrators of such entities to demonstrate that they have shown regard towards the legislation by resolving that their
01/08/2020
Attempting to stop the movement of illicit funds across international borders is one of the new text’s priorities