06/12/2019
The mutual evaluation report of the Caribbean Financial Action Task Force heavily criticised the Financial Reporting Authority, stating it did not have the tools to assist investigative authorities in the identification of cases.
06/11/2019
The decision came following an application for directions in connection with the withdrawal of an application for leave.
06/11/2019
CEO of The Bahamas Financial Services Board as she introduces some of the highlights
06/11/2019
Butler University first established a presence in Bermuda in 2017 when it became what was believed to be the first student-run captive insurance company.
06/10/2019
The OECD, which has led the effort on behalf of the G20, said Friday that the widespread adoption of its exchange-of-information (EOI) initiative had led to an estimated 500,000 individuals disclosing offshore assets to their domestic tax authorities for
06/10/2019
They resolved to “assist with the creation of standard written operating procedures for the investigation of acts of corruption.”
06/10/2019
Overseas investment flowed to Cadre while Trump’s son-in-law works as US envoy, raising conflict of interest questions
06/10/2019
Guyana’s Integrity Commission attended
06/10/2019
Mauritius has the infrastructure and incentives to be an alternative jurisdiction of choice
06/07/2019
In 2012, the Ethical Forestry directors transferred their own pensions into a tax planning scheme.
06/07/2019
Under the plan, the European Commission is assessing cases between 2012 and 2018 with the aim of producing a report this summer that identifies the factors that contributed to the banks’ failure in preventing financial crime.
06/07/2019
The International Stock Exchange Authority only has a remit for certain securities listed on TISE where the LF Woodford Equity Income Fund is an investor.
06/07/2019
Voluntary disclosure of offshore accounts, financial assets and income in the run-up to full implementation of the AEOI initiative resulted in more than EUR 95 billion in additional revenue (tax, interest and penalties) for OECD and G20 countries over the
06/07/2019
The government is also working on drafting an appropriate legislative framework for virtual assets.
06/06/2019
The blockchain behind it will be open-source, allowing other countries to fork it and potentially establish their own local digital legal tender
06/06/2019
So tax dodgers without a travel document yet can apply for one and leave before the travel ban paperwork has been completed.
06/06/2019
Affected individuals and businesses with a turnover of under £1m will be protected by the FSCS. They will be eligible for protection for 90% of the cost of valid claims.
06/06/2019
International financial centres such as The Bahamas play an important role in the global economy.
06/05/2019
Now that the transitional period has come to an end, controllers may only rely on consent which complies with the GDPR
06/05/2019
Bank board members will have to pay increasingly close attention to functions which are being automated and no longer carried out by individuals, including anti-money laundering checks, a senior Bank of England official said on Tuesday.