12/17/2018
The regulator, the Guernsey Financial Services Commission (GFSC), has clarified a number of issues around the authorisation process for ILS cells following talks with the Guernsey International Insurance Association.
12/14/2018
It notes that the BVI is an established trade route for many Asian businesses which have seen more significant growth than other regions and have a relatively strong demand for offshore, remaining loyal to IFCs that provide consistently high service.
12/14/2018
Over 200 delegates attended the seminar, which was presented by EY’s Partner and Head of Tax in the Channel Islands, Wendy Martin.
12/14/2018
Ambassador Kurmaz also noted that it was Russia’s desire to build constructive cooperation with Barbados in all areas, preferably in bilateral and multilateral fora.
12/14/2018
The reforms, which take effect Jan. 1, are meant to reduce the tax burden on lower-and middle-income people by making the rich pay more.
12/14/2018
In terms of educational opportunities, the VI was invited to the Education World Forum in London in January.
12/14/2018
There are undoubtedly numbers of benefits people can get when they form an overseas company.
12/14/2018
New legislation covers a range of areas, from data protection (an increasingly complex area) to anti-money laundering and beneficial ownership.
12/14/2018
These discussions, to ascertain which entities are deemed acceptable and what corresponding measures need to be put in place will have highlighted the complexities of such a task.
12/12/2018
Critics say the proposed law, which stalled following the US mid-term elections, would place an unnecessary burden on dealers
12/12/2018
Besides SBM Bank, Singapore-based DBS Bank is also converting its local branches into a wholly owned subsidiary
12/12/2018
However, Cayman Finance, the association representing financial services in Cayman, believes clients will have no problems adapting to the new rules and will take the changes “in their stride.
12/12/2018
The OVDP was initiated in 2009 and was designed to bring taxpayers with undisclosed foreign income, accounts and assets into US tax compliance.
12/12/2018
The company subsequently ran afoul of Gibraltar financial authorities and has now settled.
12/12/2018
At the Malta Individual Investor Programme Agency, we believe success stems from a combination of proactiveness, timeliness and determination.
12/12/2018
Benchimol assumed the CEO role in May 2012 and has served as a director since January 2012.
12/12/2018
Companies that are in scope will have to demonstrate for substance purposes that, in relation to ‘relevant activities’, they are directed and managed in Guernsey
12/12/2018
Its contents were first presented at a symposium organised by the journal to discuss the future of discovery in the United States.
12/11/2018
As a legal specialist with over 25 years’ experience in cross-border regulation, one of the key things that struck me about the regulation was how difficult it might be to apply it to cross-border investments.
12/11/2018
“There are a lot of agencies and different areas that have to be put in place,” he added.