07/17/2019
The circumstances of each case will be different and the JFSC will apply each step in the methodology with the necessary degree of flexibility and discretion that the particular case will merit.
07/17/2019
The regulator has imposed a civil penalty of £381,010 on Sanne Fiduciary Services Limited and has issued a public statement with details of why it was necessary to impose the penalty.
07/17/2019
Guernsey’s diverse insurance industry provides a flexible, responsive regulatory regime outside of the EU
07/16/2019
Jersey specific guidance was also released by Revenue Jersey to disclose the additional questions relating to economic substance which will be included in tax returns commencing from 2019.
07/16/2019
A guest of Freedom 106.5 FM “Issues” programme, Wrensford, a former Non-Resident St Kitts and Nevis ambassador to Trinidad and Tobago
07/15/2019
There will also be two separate bills to handle administrative matters for the Auditors Oversight Authority and the Cayman Islands Monetary Authority.
07/14/2019
Jersey, which has maintained a beneficial ownership register since 1989, was noted to apply 'stringent' ownership thresholds for entities it considered high risk.
07/12/2019
It is followed by The Bahamas in second place, St. Kitts and Nevis in third, Antigua and Barbuda at fourth and Trinidad and Tobago in the fifth spot.
07/12/2019
The announcement also covers updated XML schemas for the exchange of CRS, country-by-country (CbC) reporting and tax ruling information.
07/11/2019
The Guidance Notes are intended to be a work in progress and will develop through further discussions with the OECD and the EU Code of Conduct Group.
07/11/2019
Guernsey will not be directly affected by Brexit because it is not part of the European Union and never has been; therefore, if the structure works now, it will almost certainly work after Brexit.
07/11/2019
To this end, in March 2018, the European Commission presented a proposal for a regulation on CSPs propounding the notion of an EU passport for CSPs and crowdfunding platforms offering their services across the EU.
07/11/2019
The matter of whether the tribunal would publicise cases came up after a businesswoman raised concerns that publishing case information could have a negative impact on businesses.
07/10/2019
A not-for-profit membership organisation, it has a mandate from Commonwealth heads of government to promote intra-Commonwealth trade, investment and the role of the private sector across the 53 member countries.
07/10/2019
The Policy Framework, therefore, rightly recognises that the island’s experience of providing more than 50 years of sophisticated and discrete services of unrivalled breadth and depth across fiduciary, funds and wealth management lends itself to pro
07/10/2019
The Directorate General of International Operations has already become fully operational for the imposition and recovery of taxes from undisclosed offshore assets and income held by Pakistanis abroad and to interact directly with foreign tax jurisdictions
07/09/2019
Luxembourg existing entities now have until 1 September 2019 (at the latest!) to compile their Internal File on BOs and to register the relevant information with the RBE.
07/09/2019
The island also rated well for families – 59% of people said it was easier for their children to make friends and 55% believed their children had become more adaptable to change from the experience.
07/09/2019
In 2018, Organization of Economic Development ('OECD'), announced that the UAE has become a member of the Base Erosion Profit Shifting inclusive framework ('BEPS IF').
07/09/2019
He also talks about forthcoming proposals that he believes will further boost the use investment funds in the region.