Managers of Wealth Offshore

Transformation of the way in which investment managers and advisors are regulated in the Cayman Islands

The changes further demonstrate the Cayman Islands Government’s commitment to having a regulated securities investment

St Kitts and Nevis Exceeds Economic Target 12 Years Earlier Than Expected

This makes the country the first ECCU state to reach its target and continue to surpass it steadily.

UK central to Cayman’s success, says premier

There are several ongoing challenges in Cayman’s relationship with the UK, namely the imposition of public beneficial ownership registries before it becomes a global standard

BVI Companies – A Flexible Vehicle For Succession Planning

The inherent flexibility of BVI business companies as corporate vehicles together with some carefully thought out provisions in the company's M&A can ensure the smooth transition of the company's management and control following the death of

Central Bank of Ireland Revamps the Regulatory Framework for Irish UCITS

The Central Bank of Ireland (the "Central Bank") has completed the update of the statutory instrument that forms the basis for the Irish regulatory framework for UCITS.

BVI open to "alternative" relationship with the UK

Special envoy for the government Benito Wheatley mentioned considerations for free association while addressing the United Nation's Special Committee on Decolonization (C-24) in New York .

Bahamian trusts and foundations revisited

Largely, IFCs have responded by legislating to require corporate entities existing under their laws to have economic substance within their respective jurisdictions, to remove any preferential tax treatment non-resident owned entities may receive and to c

Cayman Islands: Cayman Islands Economic Substance Legislation

Cayman Islands entities existing prior to 1 January 2019, which are subject to the Regime, will need to comply by 1 July 2019, and newly established entities will need to comply as soon as they commence any Relevant Activity.

Jersey issues finance and legal GVA 2018 report

The report covers banks, fund managers, trust administration, accountancy and legal firms.

JFSC publishes 2018 Annual Report

Jersey has 963 regulated collective investment funds

Register of beneficial owners deadline approaching – are you ready?

Technical aspects of the functioning of the RBE, such as the submission procedure, tariffs, supporting documents etc have been detailed by a Grand-ducal Regulation and further elaborated by a circular letter issued by the LBR.

Schemes of Arrangement in Jersey and Guernsey: new case law paving the way

Guernsey and Jersey law for Schemes closely follows the UK

The Crown Dependencies define approach to publishing data on corporate owners

The proposed approach is underpinned by the understanding that the EU’s member states and the UK will provide similar levels of transparency of a quality akin to that which the CDs will deliver.

Mauritius to green light offshore funds in 60 days

"If the authorities find that it is not in Mauritius, then the entity is not a tax resident at all, and if it's not a tax resident, then the treaty benefits it gets with other countries will not be available to it," experts said.

Panama back on EU grey list after 4 years

Panama's incoming government is signaling a redoubled commitment to the nation's anti-money laundering and terror finance (AML/TF) efforts.

G-20 continue tax agenda

The proposed solutions could cause a major change to taxing rights by allocating some of a company’s profits to jurisdictions where its consumers or users are based.

Update in Respect of Data Protection in The Cayman Islands

Even those financial services businesses whose clients and counterparties are all entities will nevertheless process personal data.

Bahamian trusts and foundations revisited

Largely, IFCs have responded by legislating to require corporate entities existing under their laws to have economic substance within their respective jurisdictions

BMA proposes additional filing requirements for insurers with alternative capital funding

The BMA insisted the changes do not represent a fundamental change to the filing requirements for insurers, but enhanced transparency and trust in the island’s regulatory regime.

Category 2 status in Gibraltar

The jurisdiction benefits from an expansive economy with globally recognised businesses operating within industries such as gaming, shipping and property.

Regulation, Risk & Compliance