Managers of Wealth Offshore

Premier travels to United States and Europe to discuss new legislation

The delegation will outline the steps taken by the Cayman Islands to meet EU requirements

Data Protection Predictions 2019

The GDPR appears to have resulted in a big shift away from consent as the processing condition relied upon for the majority of commercial processing activities.

OECD reps appear to give thumbs up to Cayman

The Cayman government recently passed new legislation to meet the ever-changing international regulatory landscape to ensure that the jurisdiction avoids the European Union’s blacklist.

Jersey no longer a safe haven for dormant shell companies

Such front entities are floated by service providers in Jersey who do the paperwork to register the firm and hire locals willing to lend their names as directors.

Dolfin receives Maltese investment services licence upgrade

It allows us to operate to our full capacity, integrate into the trading community and build relationships with other members on the MSE.

Tax Evasion, Money Laundering and the CRA’s use of the ‘proceeds-of-crime’ method of collection – A Canadian Tax Lawyer Analysis

This tax planning, when done in the cleverest of ways, requires considerable time, effort and intellect.

ATO calls out 'reckless and false' legal privilege claims in tax avoidance cases

ATO officials told Parliament the agency is aware of particular tax advisers marketing aggressive tax planning arrangements

Britain’s offshore tax havens allowed to mint lookalike pound coins

Chancellor Philip Hammond reckons the two-metal, 12-sided £1 coin introduced two years ago will give British overseas territories an edge in the fight with forgers

Gov't. Says Dutch Blacklist "Unjustified"

Cayman’s government said it will continue its commitment to adhering to global standards.

Bahamas reforms financial sector

By demonstrating our commitment to global standards, we are working to maintain The Bahamas’ competitive edge as a global leader in the financial services industry and ensure that the country’s second economic pillar remains vibrant over the m

Revised Bermuda Solvency Capital Requirement rules now in force

Among the new changes, the BMA said the current duration-based approach for interest rate and liquidity risk will remain unchanged at this stage

EU and UK pile pressure on financial services industry

Under the proposed legislation, companies active in the relevant fields will pass the economic substance test

The Current Status of AEOI CRS in Hong Kong and the known developments in 2019 And 2020

The OECD has not provided final guidance regarding RBI schemes.

India to get info on account holders in Swiss banks from 2019: Govt

From 2019, India will receive on automatic basis, information in respect of financial accounts held by Indian residents in Switzerland.

Appleby considers JFSC codes of practice proposals

Open for responses until 7 January 2019

Jersey Finance draws up plans to open New York office

As the uplift in business flow from the US is expected to increase in the future, Jersey is well-placed to play a vital role for US investors as a gateway to Europe - working with this market could bring clear benefits for all.

Romania’s new tax regime jeopardises regional investment

The country’s sudden introduction of unfavourable fiscal terms risks derailing the BRUA pipeline and regional projects that plan to rely on it as an export route

The International Stock Exchange: Continuing Obligations - Debt Securities

It is a condition of listing that an issuer executes a listing undertaking to comply with the Listing Rules and, in particular, with all relevant continuing obligations.

Economic substance requirements in the British Virgin Islands

As a result of this engagement, the Economic Substance (Companies and Limited Partnerships) Act, 2018 (the Act), has been enacted, coming into force on 1 January 2019.

The Cabinet has Extended the “BLACK LIST” offshore zones

“The decision will allow to more effectively prevent and counteract the legalization (laundering) of incomes obtained in a criminal way and financing of terrorism and proliferation of weapons of mass destruction”, – noted in the Ministry

Regulation, Risk & Compliance