03/20/2019
The regional affiliate of the Financial Action Task Force, the global standard-setting body in anti-money laundering, found that the risk assessment provided a “fair level” of understanding.
03/20/2019
Guernsey’s pedigree in pensions began in longevity de-risking due to it being increasingly affordable and providing access to the reinsurance market
03/20/2019
The MoU provides the platform for Labuan FSA and CBIRC to enhance the regulatory and supervisory oversight of cross border branches and subsidiaries of China and Labuan based banks and insurance entities.
03/20/2019
The paper set out jurisdictional substance requirements that certain jurisdictions outside the EU must adopt. Similar legislation has been enacted in other major offshore jurisdictions.
03/20/2019
The platform uses dynamic decision tree intelligence to determine the regulatory journey of the client
03/19/2019
Agreement on the Compromise Texts of the Proposed Directive and Regulation
03/19/2019
Connected persons include those in the same family as provided in the Regulations and those in the same group of companies.
03/19/2019
Medical giant Abbott has deployed a complex network of offshore companies to legally shelter profits from tax officials.
03/19/2019
We set out below a summary of the legal entities affected by this new legislation and steps that will be required for compliance.
03/19/2019
The overhaul follows news that the Financial Action Task Force's report on the Cayman's efforts to tackle terrorist financing and money laundering would not be positive.
03/18/2019
It is a tradeoff, so that's why we are excited
03/18/2019
At least for now, the new economic substance law appears to have bought the VI time.
03/17/2019
A document in electronic form satisfies a legal requirement to retain such in hard copy form, and vice versa.
03/17/2019
A small number of revisions have been made in response to feedback on the final draft version of the Handbook which was published on 12 November 2018.
03/15/2019
Mauritius has one of the highest per capita incomes within the fast-growing African continent.
03/15/2019
Minister for Policy and Reform, Chris Thomas MHK, said that there was “no silver bullet” to fix the issue.
03/15/2019
The only thing that is constant is change.
03/15/2019
ATAD was enacted to prescribe common standards with a view to coordinating the implementation by EU Member States of the OECD’s BEPS action items, in particular by introducing principle-based rules in relation to interest limitation, controlled fore
03/15/2019
This briefing focuses particularly on the anti-money laundering and combating the financing of terrorism (AML/CFT) provisions set out in sub-chapter 5.4 of the Circular.
03/15/2019
It said that someone named on an overseas register will be labelled a “tax cheat” and “face the commercial and social risks attendant on that status”, exposing them “to the rule of the mob.”