Managers of Wealth Offshore

Private debt fund growth continues

The authorities are also facilitating in ways that promote and ease access to this type of financing

Jersey cited as best practice example on Beneficial Ownership

The use of Jersey examples demonstrates the significant success we have achieved in developing our approach towards beneficial ownership transparency

Cayman Economic Substance shifts towards implementation of new rules

The ES Law is by no means isolated, and many countries around the globe are seeking to incorporate and support international standards on global base erosion and profit shifting (BEPS) and corresponding EU substance requirements.

Appleby advises China Automation Group

The privatisation was approved at the meeting of independent shareholders on September 23, 2019 with the Scheme becoming effective on October 24, 2019.

OECD lays down roadmap for India to make bilateral taxation efficient

Indian tax administration would need to strengthen the teams overseeing MAP/APA cases by providing additional resources.

Debt restructuring ‘must be coupled with economic growth’

Senator Crystal Drakes made the call as the Upper Chamber debated the bill to approve the debt restructuring deal with the foreign holders of Government debt.

Minister blasts blacklisting agencies

The Organization for Economic Cooperation and Development has led the blacklisting of Barbados and other Caribbean jurisdictions over their tax regimes.

Dirty Money on the Big Screen: Why Media Portrayals of Money Laundering Matter

Greater media attention on money laundering can even drive changes in behaviours of everyone from the public to those tasked with tackling it.

Jersey cited in guide on best practice for Beneficial Ownership registers

The report acknowledges that countries find it challenging to achieve satisfactory levels of transparency on the beneficial ownership of companies.

The BVI International Tax Authority Has Issued The BVI's Economic Substance ‘Rules And Explanatory Notes' Supplementing The Economic Substance Act, 2018

The Act introduces compliance obligations and economic substance requirements for any legal entity that carries on a business that constitutes a "relevant activity".

Guernsey: Guernsey Investment Structures

So why do so many promoters, investment managers and investors choose Guernsey?

September Quarter 2019 Investment Statistics

Over the past year, total net asset values increased by £6.1 billion

Scarred by Malta, Latvia and Cyprus, bigger EU states push for money laundering supervisor

The need for an EU supervisor emerged after repeated failures by national watchdogs at spotting and countering money laundering, the statement said.

Director of Compliance Association says more Action Needed in Tackling Money Laundering

The organisation comprises compliance associations in Antigua, the Bahamas, Barbados, Bermuda, the British Virgin Islands, the Cayman Islands, Curacao, Trinidad, and Turks and Caicos.

Illegal offshore gambling websites targeting Australians to be blocked by Federal Government

That means they don't have consumer safeguards in place, it also means they're not paying any tax and they're not contributing towards, for example, the cost of regulating the racing industry in Australia."

EU states push for money laundering supervisor after scandals

The six countries said the new supervisor could be a new body or an existing watchdog, the European Banking Authority, which would need to be beefed up.

STEP Journal Supplement, Bermuda Conference

The theme of opportunities for international financial centres amidst geopolitical uncertainty are also explored at this year’s STEP Bermuda conference .

Luxembourg Update: CSSF Mandatory Notifications Deadline Extended

Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier, in the context of Brexit, has extended its original deadline.

Jersey Schemes of Arrangement: Is it Now Time to Decapitate the Headcount Test?

A scheme of arrangement in Jersey under the Companies (Jersey) Law 1991 (Jersey Company Law) enables a company to enter into a binding compromise

Utmost Wealth CEO talks consolidation

And gives his view on the Isle of Man Conduct of Business Code

Regulation, Risk & Compliance