Managers of Wealth Offshore

Irish central bank warns firms to brace for major Brexit disruption

He called on financial firms operating in Ireland to prepare for the plausible worst-case scenarios as the final outcome of talks remains so unclear.

Brexit’s offshore secrets

Banks has declined to answer questions about the origin of the bailout funds, while a spokesman for STM said the company did not supply the money or have any direct connection with the rescue.

Mauritius freezes 58 bank accounts linked to Angola's sovereign wealth fund

The son of José Eduardo dos Santos, Angola’s former president, Jose Filomeno dos Santos was until recently the head of the national sovereign wealth fund.

Russia Considers Creation of 2 Tax Havens Over US Sanctions – Reports

A source told Vedomosti that the initiative had been talked about for some time, but the recent sanctions created a new momentum for the discussions.

HMRC accused of extending APN powers

The Revenue has launched a consultation into tackling vehicles designed to move funds offshore and out the reach of the UK tax authorities

Mauritius Suspends Quantum Funds After Angola Official Visit

Seven funds invested cash from Angola’s sovereign-wealth fund

Regulator's clarification on Guernsey private funds will fuel growth

The use of the term "warranty" had perhaps led to an initially over-cautious approach in the marketplace – but despite the misunderstandings, Craig said that the model was still gaining traction in the market.

Legal Entity Identifiers: The Cyprus perspective - Harneys

Cyprus has given full effect to MiFID II through the enactment of the Investment Services and Investment Activities

Jersey’s FSC consults on regulating defined benefit transfer advice

Such advice will constitute investment business for the purposes of FSJL, and will be subject to regulation by the JFSC.

T&T, Vietnam Seeking Closer Ties with Cuba

Communist Cuba and Vietnam first established diplomatic relations in 1960, born out of a shared goal to promote socialism and sustainable development.

A brief history of business laws in Mauritius since 1968

The Constitution therefore provided the framework for Parliament to enact laws to promote and protect business and the fruits of business.

President of the Institute and Faculty of Actuaries visits the GFSC

Marjorie is the first IFoA President to be based outside the UK, and has extensive experience in the consulting and reinsurance fields.

Mirror, mirror on the wall

Mr Speaker, our last Budget has proven our commitment to Bermudians by growing government.

Pilatus: the headache that won’t go away

The timing was inauspicious for a number of reasons.

Staying afloat in a sea of regulatory change: priorities for 2018 - TMF

A key lesson from CRS early adopters is that FATCA and CRS are still being confused and interpreted as part of the same legislative piece, while they are two different requirements.

More moves towards global transparency in Curacao as CRS takes effect - TMF

As long as you’re tax compliant, the forthcoming deadline for first reporting should not be a big worry for you

Guatemala moves towards transparency in banking - TMF

Those who do not register one or several bank accounts that are in the name of a person or financial groups of the country, or foreigners, will be classified as “resistant”.

Warranty removed in update of Guernsey’s Private Investment Fund

The warranty has been replaced with a declaration, which places a lesser burden on the licensed manager.

Tax Challenges Arising from Digitalisation: More than 110 countries agree to work towards a consensus-based solution

The members of the OECD/G20 Inclusive Framework on BEPS will work towards a consensus-based solution by 2020, as set out in their Interim Report on the Tax Challenges Arising from Digitalisation released today.

StanChart Fined in Singapore for Money Laundering Breaches

Two units fined a total of $4.9 million by monetary authority

Regulation, Risk & Compliance