02/17/2017
A view from Jersey and Guernsey
As a result, the MLP should simplify local regulatory requirements for structures which choose to be AIFMD complaint.
Regulation, Risk & Compliance
02/17/2017
Who cares about offshore licensing?
They want FCA regulation above all.
02/17/2017
Why China’s Richest Worry About Moving Money Abroad
Affluent asset-holders are finding strict foreign exchange rules are bad for their wealth.
02/17/2017
1MDB: Emboldened Trusts Wrangle Over Jho Low Assets
Low is fighting in Los Angeles court to keep those assets, exposing an unseemly side of the private banking and trustee industry that is usually kept out of sight.
02/17/2017
Japan, Bahamas agree to automatic exchange of financial information for tax purposes
The Ministry said the new agreement provides for information exchange based on the latest international tax standards.
02/17/2017
Banks: Homeowner Bill To Change ‘Risk Profile’ Of Mortgages
Suggesting that the latter could involve requiring borrowers to come up with higher downpayment or equity contributions
02/16/2017
No Bob Investor Buy-Out Unless All Made Whole
It cannot be a purchase for any fair market value, which is going to be abysmally low.
02/15/2017
EU Panama Papers Inquiry Chief Condemns U.K. No-Show
It was “most disappointing and regrettable that no one at the political level at HM Treasury was able or willing to meet” during the trip to London last week from the European Parliament’s Panama Papers inquiry committee
02/15/2017
Alter Domus acquires Carta fund services in the US
CARTA specialises in providing Private Equity focused.
02/14/2017
Guernsey Advances Asian Push
The jurisdiction is keen to promote itself as a financial centre to Asian based clients.
02/14/2017
Insurance Association hits back at Central Bank of Ireland concerns
Others in the industry have accused the Irish Central Bank of scaremongering.
02/14/2017
Jho Low Bids to Stop Asset Grab
Now, the trusts are asking a Los Angeles judge to ignore a deadline to file claims over assets that have been seized by the U.S, «Bloomberg» reported.
02/13/2017
BVI continues to introduce positive regulatory developments
A good example of this in recent years has been the introduction of the BVI Approved Fund and BVI Incubator Fund, which have steadily gained traction over the last 18 months as awareness in the market about their availability grows.
02/13/2017
Waning Hope For Monetary Union Sint Maarten – Curaçao
Some newspapers even speculated that I was sure to be booted from the Cabinet and the political party to which I belonged.
02/13/2017
Luxembourg: Fund Finance In Luxembourg : The Essentials
The result is an attractive, secure legal framework that works strongly to the benefit of secured finance parties in transactions involving Luxembourg obligor corporate and fund structures granting security and, consequently, fund promoters seeking invest
02/13/2017
Cayman Finance New York Briefing Reaffirms Cayman As Industry Leader
The jurisdiction's appropriate legislative and regulatory balance.
02/10/2017
German, Swedish Banks Back Tougher Beneficial Owner Rules
Tougher beneficial ownership rules that make it easier to identify the true owners of companies would be helpful.
02/10/2017
Gibraltar insurance regulator insists its standards as high as those in Ireland, after concerns raised
Central Bank staff are understood to have raised issues around the financial viability of some insurance providers
02/10/2017
Italy: Concept of beneficial ownership clarified
The tax authorities determined that the beneficial owner of the income was the ultimate US parent of the group and denied the lower rate of withholding tax.
02/10/2017
This is our best chance to scrap the toxic American tax law that makes pariahs out of US citizens
Global tax evasion is, of course, a major international problem that must be tackled head on