04/24/2019
Analysis: India-Hong Kong tax treaty is filled with anti-avoidance features
The India-Hong Kong treaty was subsequently ratified by the two countries in November 2018 and has become applicable in India from April 1, 2019
Regulation, Risk & Compliance
04/24/2019
CIMA issues 16 new insurance company licences, total number drops
The Cayman Islands remains one of the world’s leading group captive jurisdictions with 120 group captives totalling more than $3 billion in premiums from over 5,000 shareholder-insureds.
04/23/2019
KPMG’s Global Geopolitics Covered Top Risks
Political issues really are an extension of the wider themes and troubling issues impacting businesses here and around the world.
04/23/2019
Australia establishes agreement with Taiwan on tax and finance transparency
Taiwan implemented 'Common Reporting Standards' in 2019, now recognized by Japan and Australia
04/23/2019
Malta, Blockchain And The Prevention Of Money Laundering
Malta is not alone in facing the issues of how to deal with AML
04/23/2019
Jersey Finance Developments in the Middle East
There is also a notable increase in the connectivity between the UAE and East Africa, specifically Kenya.
04/23/2019
Owning up to clients' offshore assets
There are many years’ worth of data to plough through
04/23/2019
Abir welcomes regulators from around world
Abir member companies presented a panel discussion for forum attendees on market trends and observations of Bermuda’s international reinsurance market.
04/23/2019
Malta: MFSA Issues Updates To The Conduct Of Business Rulebook
The requirements are applicable to investment firms, credit institutions upon the provision of investment services and UCITS management companies when providing services in terms of Article 6(3) of the UCITS Directive.
04/23/2019
Guernsey: Why Offshore For Fintech? - 08 April 2019
These are all factors that are critical to the successful development structures for fintech businesses.
04/22/2019
The benefits of opening an offshore company in the UAE for your business
Offshore companies in the UAE are able to ensure maximum confidentiality and security of financial assets.
04/18/2019
New economic substance laws 'further enhance Guernsey's standing on the world stage'
Under the new laws, tax-resident companies will need to satisfy an economic substance test of three parts.
04/18/2019
More legislation planned to keep Cayman compliant
The bill will deal with securities that were previously of unregulated, such as a Cayman subsidiary of a parent company located in another jurisdiction, which was excluded from the law on the basis that the parent company was regulated in its home jurisdi
04/18/2019
Jersey risks being blacklisted by the EU again
States Members will be asked to vote on four different changes to the law
04/18/2019
Public consultation launched on securities law amendments
The Securities Investment Business (Amendment) Bill, 2019, seeks to introduce a regulatory and supervisory framework for excluded persons.
04/18/2019
Rebrand of Jordans Group to Vistra Now Complete
With the inclusion of legal services through Vistra Corporate Law
04/18/2019
Butterfield Streamlines Group Operations
The Bank also effected an early retirement scheme in Bermuda, under which retiring employees responsibilities will be reallocated within existing operations locally and internationally to foster improvements in operating efficiency.
04/18/2019
St. Maarten: Changes to laws being made to combat listing as money-laundering jurisdiction
The US is a founding member of FATF, the international financial crimes watchdog that also works in conjunction with OECD on tax avoidance and tax fraud related matters.
04/17/2019
Mauritius puts India-focussed funds, others under its regulatory lens
The increased scrutiny is pushing back timelines and jacking up costs of setting up India-focussed funds in Mauritius
04/17/2019
Cayman accountants’ body signs agreement with ACCA
Mohammed said ACCA aims to work with CIIPA to build capacity within the accounting and auditing professions both in the private and public sector.