10/31/2018
BAHAMAS Public Statement on FATF ICRG announcement
The Bahamas’ CFATF Mutual Evaluation Report was approved at the May 2017 CFATF Plenary in Trinidad and Tobago.
Regulation, Risk & Compliance
10/30/2018
Substance debate can enhance captives market
The Base Erosion and Profit Shifting debate has seen jurisdictions take different approaches to how they view business substance.
10/29/2018
Ex-Ag Challenges Beneficial Owner Registry Proposal
The banks and trust companies, which incorporate and manage companies under their regime, also have a duty to know the beneficial ownership.
10/29/2018
Innovation on the Agenda as Guernsey IoD Seminar Explores Shape of Things to Come
Together the panel will share their experience and knowledge of how innovation and technological disruption has impacted every industry and every economy around the world – including Guernsey.
10/26/2018
CySEC Warning List Helps to Put Fraudsters Out of Action
75 percent of the sites on the regulator's non-approved domain list have shut down
10/26/2018
The Bahamas is moving towards e-Government
The training program will help to strengthen the institutional capacity of the Government and to identify best practices and knowledge to improve the quality of government services and, therefore, increase citizen satisfaction
10/26/2018
Banking Regulations Being Bypassed In Curaçao?
The bank complied with the ruling and paid the construction company as was instructed by the Court of First Instance.
10/26/2018
The Current Status of AEOI CRS in Hong Kong and the known developments in 2019 And 2020
Dion’s understanding about the current CRS status and future developments as well as a high-level impact analysis of the financial industry in Hong Kong can be summarised as follows
10/26/2018
Court action is 'prima facie repudiation' of arbitration agreement, says Singapore court
The case concerned a dispute between two companies founded by brothers Oung Da Ming and Oung Yu-Ming.
10/25/2018
ODPC issues advice after data breach increase
The ODPC says the increase is likely to be because organisations are becoming more aware of their legal obligation to report breaches.
10/24/2018
OECD and CIAT join forces in promoting stronger tax systems
The event brought together more than 40 tax administration Commissioners, Director Generals and senior officials from CIAT and CREDAF member countries.
10/24/2018
Jersey substance proposals – the fund managers' perspective
The Guidance Notes are expected to confirm that some, but not all, CIGAs must be carried on in Jersey. Consideration will need to be given to ensuring sufficient CIGAs are carried on in Jersey to avoid a letter-box entity characterisation.
10/24/2018
Jersey lodges Sanctions and Asset-Freezing Law
This would ensure that the island can continue to meet its international obligations to counter terrorist financing and to implement UN sanctions.
10/22/2018
Weakness Found In MOF Audit
The audit prepared by U.S.-based business advisory firm, FTI Consulting, also revealed that at the time the lease was executed, Atillio had no business history or evident qualifications as a real estate broker or leasing agent.
10/21/2018
Swiss banking secrecy rule dealt setback in month to forget
Swiss tax authorities announced they’d shared details on 2mn accounts with other countries for the first time as part of rules on information exchanges introduced last year.
10/19/2018
Carey Olsen and Vistra advise on first Guernsey Green Fund
Carey Olsen partner Ben Morgan led the team advising on the Guernsey Green Fund designation and was assisted by senior associate James Cooke.
10/19/2018
Q&A - Reform brings Luxembourg Securities Law to the blockchain age
Luxembourg has opted to embrace and adapt to these technological developments.
10/18/2018
Maples Fiduciary extends Middle East offering to Abu Dhabi Global Market
The extension of our offering to ADGM further enhances our geographic footprint and ability to service clients doing business locally and in multiple jurisdictions.
10/18/2018
Appleby Mauritius advises Azure Power Global Limited for its public offering of up to USD 200 million
Azure Power’s equity shares are listed on the New York Stock Exchange under the symbol "AZRE”.
10/18/2018
Appleby Advises Shandong Gold Mining Co. on HKD 5.2 Billion Listing
As of March this year, the group controlled and operated 12 mines in China