Managers of Wealth Offshore

US$1.367b lost in Jho Low-linked switcheroo: How fake company escaped 1MDB ex-CEO’s eyes

The money allegedly made its way to Datuk Seri Najib Razak eventually.

Ravenscroft continues to ‘grow and thrive’

RAVENSCROFT has continued to thrive in the first half of 2019, according to its group managing director.

EY joins Guernsey Employment Trust Charter

EY lead a number of initiatives globally to increase disability confidence within businesses and their network.

Philippines Closes First Gambling Operator for Tax Evasion

Company found without VAT registration and in breach of country’s tax code

UK Draft Bill Addresses Criminal Money Laundering Through Overseas Entities

This was based on the fact that companies may not know whether or not they constitute legal entities for the purposes of the ROE Bill.

Guyana Central Bank blocks sale of Scotiabank

He said the decision to block the Scotia-Republic deal followed analyses done by the Central Bank and the Caribbean Competiton Commission.

GDPR: A Success Story?

Fuelled by the additional resources that were required to comply with the changes the new regime brought, many organisations viewed GDPR as burdensome.

Irish tax policies could hit developing countries - Christian Aid

The tax on technical service fees are also being reduced from 20% to 10% under the DTA.

BVI – Economic Substance – Update: Final rules and explanatory notes expected to be published on 30 September 2019

The Rules will provide important guidance on how the Economic Substance (Companies and Limited Partnerships) Act, 2018 (the “Act”) is interpreted by the ITA.

Labour’s plans for non-doms could prove costly for the UK

But the thing is that the UK is not exactly the only country that offers favourable tax deals for newish immigrants.

The Network for Greening the Financial System

The NGFS’ diverse membership, which includes the German, Dutch and French Central banks, allows for close coordination between the various ongoing international initiatives on issues of common interest.

Europe, the U.S. … or the Cayman Islands? Tackling the World’s Fund Barriers By Selma Lee Arch

Both of these bills were among those passed by the Cayman Islands Legislative Assembly on July 26, 2019.

Bringing banks and regulators closer in the fight against financial crime

Compliance with anti-money-laundering and counter-terrorism-financing (AML/CTF) arrangements varies greatly between countries.

Storm-damaged Bahamas properties hot as investors chase bargains

While the timing of the phone calls may appear awkward, the inquiries from would-be buyers is not new for a region whose island nations and territories are often roughed up by hurricanes.

Climate change impacts on small islands on UN agenda

Among the overarching goals of the week will be securing a pathway to limit global average temperature rise to 1.5°C above pre-industrial levels.

KYC Laws in the Cayman Islands under the Spotlight

In a long and wide ranging analysis of the legislative regime, Justice Kawaley found the Court had no statutory power to order Fortunate Drift to provide Canterbury with KYC information it had requested following a change in the beneficial ownership of Fo

Regulation, Risk & Compliance