05/07/2019
The so-called Panama Papers, released in spring 2016, stemmed from the offices of the Panamanian legal firm Mossack Fonseca and detailed a complex web of offshore dealings by wealthy individuals, politicians and celebrities around the world.
05/06/2019
Drafted around a set of internationally recognised privacy principles, the new law provides a framework of rights and duties designed to give individuals greater control over their personal data
05/05/2019
GIFA’s new Chairman Christopher Jehan said the new name better reflected the firms and individuals GIFA now represents following the merger.
05/05/2019
The Bermuda Government has opposed that ever since, on the grounds that if other countries are not required to do it, it would cause the island economic damage.
05/03/2019
The agreement will see Jersey and Bahrain working to promote the benefits of businesses operating in each other’s locations, further collaboration of women in the sector, and an opportunity for members of Digital Jersey and Bahrain FinTech Bay to us
05/03/2019
This flexibility allows promoters to avoid launching projects which would not find favour with investors with the consequent advantage of saving costs and time.
05/03/2019
The evaluation made a small number of recommendations to improve the JFSC's existing practices, some of which the regulator has already acted upon or is in the process of doing so.
05/03/2019
Beneficial owners are any individual or individuals who directly or indirectly own or control more than 25% of the shares, voting rights or interests in a company or who control a company by other means.
05/03/2019
The Jersey authorities also have released additional guidance on the information in relation to economic substance to be disclosed in the Jersey corporate tax return for 2019 and subsequent years.
05/03/2019
The Code provides important clarifications regarding the implementation of the new economic substance rules in the BVI
05/02/2019
The Bailiwick’s Data Protection Commissioner, Emma Martins, commented on the trends observed in thenature of the breaches reported.
05/02/2019
The guidance is principles based and therefore, cannot cover specific scenarios and will not replace the need to take independent professional advice.
05/02/2019
Estimates have not been publicly made about how much CFATF-mandated reforms will cost, but the number is in the millions.
05/02/2019
During the development of GIFA’s refreshed brand identity, we set out to retain the heritage of the association while modernising the look and feel.”
05/02/2019
For the purveyors of technology-assisted financial crimes, identity, account access, and payment data are the golden keys that open the door to these organizations’ proverbial bank vaults.
05/02/2019
For 20 years, Guernsey has been at the forefront of developing and meeting evolving global regulatory standards.
05/01/2019
This is then copied on to a blank card’s magnetic strip, enabling thieves to steal a person’s identity and make purchases or withdraw cash in the actual account holder’s name.
05/01/2019
The independent research, commissioned by Guernsey Finance and carried out by consultancy Gibson Strategy in February and March this year, interviewed family offices, high net worth families and corporate service providers.
04/30/2019
The recommended fee increases are said to be broadly in line with inflation and the decreases will eventually lead to some registry services being offered free of charge,
04/30/2019
The tougher regulations further enhance client protections, as it is no longer enough for the financial adviser to only be licensed.