02/06/2020
DAC6 can apply to transactions where no tax advantage results and transactions which are driven by purely commercial as opposed to tax planning motives.
02/05/2020
In anticipation of the UK's withdrawal from the EU, the Commission de Surveillance du Secteur Financier provided an update in respect of the status of the transitional period foreseen by the Brexit laws and the mandatory notifications procedure imple
02/05/2020
The total value of premiums at the end of 2019 was over $18 billion, a rise of $2.6 billion from 2018, with assets, $68.9 billion in total assets—an increase of almost $10 billion over a two-year period.
02/04/2020
After MAS launched VCC framework, it has been running a pilot programme for selected Permissible Fund Managers who wished to register a new investment fund as VCC or re-domicile a foreign corporate entity as a VCC.
02/04/2020
Reasonable suspicion of money laundering in Enemalta deal
02/04/2020
Speed of regulatory change a challenge but new opportunities in Asian markets
02/04/2020
These bills seek to provide clarification of what constitutes a beneficial owner and corporate service provider responsibilities in gathering, recording and filing such information with the Registrar of Companies.
02/04/2020
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.
02/04/2020
Subject to criminality checks, they are either granted a Pre-Settled Status or Settled Status, depending on whether they have lived in Jersey for less or more than five years.
02/04/2020
Queen's Counsel Michael Furness was hired in October 2018 to draft this piece of legislation for the territory's financial services industry as it needed to meet EU requirements to avoid being put on a blacklist.
02/04/2020
The reinsurance covers Radian’s eligible mortgage insurance policies in January through September 2019, excluding single premium payment policies.
02/03/2020
The development comes after the Securities and Exchange Board of India introduced new categorisation rules for FPIs in 2019.
02/03/2020
Pitcher hopes to create a system that allows Bermudians to spend the digital currency they receive on government services and, in so doing, build a bridge to overseas economies.
01/31/2020
We have a global network of experts on hand to advise clients who wish to alleviate the burden of understanding each offshore jurisdiction’s regulatory frameworks and requirements.
01/31/2020
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
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
The Law applies to companies, limited liability companies, foreign companies, partnerships or limited liability partnerships incorporated or registered under the laws of the Cayman Islands
01/30/2020
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.
01/30/2020
The consideration for the transaction comprised of cash and new JPJ shares.
01/30/2020
The regulations require ‘intermediaries’ and, in some circumstances, taxpayers to report details of cross-border arrangements to HMRC