03/05/2019
These MPs were frothing with outrage after the Government pulled a bill that they had hoped to use as a vehicle to impose new transparency rules on Britain’s crown dependencies.
03/05/2019
The States of Guernsey and the island’s financial services industry welcomed the late withdrawal of the Bill
03/04/2019
Gordon Sondland, US ambassador to the EU, branded the exercise a "ridiculous waste" after a rare unanimous revolt by the bloc's 28 countries upended the effort to name and shame almost two dozen jurisdictions alleged to be sources of money-
03/04/2019
Certain companies and entities registered in the Cayman Islands and other offshore jurisdictions must now have core income generating activities in this jurisdiction.
03/04/2019
A revamped design is due to be unveiled on March 5, in defiance of controversy
03/04/2019
Policy has become vulnerable to interference and manipulation
03/04/2019
The guidance booklet does include explanations for what it considers adequate in some specific sectors.
03/04/2019
Running similarly to traditional securities exchanges around the world, Fusang Exchange will run a network of licensed and regulated exchange members who will be allowed to trade directly on the platform.
03/04/2019
The additional data is expected to offer a benchmark as to market share of supervised financial institutions and provide a better understanding of the size and complexity of the industry.
03/03/2019
Islands object to beneficial ownership proposals
The proposed amendments attempt to impose public registers of beneficial ownership for all Crown Dependencies and Overseas Territories.
03/03/2019
Tory MPs demand that Jersey, Guernsey and Isle of Man reveal names of corporate owners
03/03/2019
Such an agreement would establish legal parameters for the relationship between the two entities and increase prospects for cooperation.
03/01/2019
Entities are not only obliged to provide information to the RBE, but also to hold such information, including supporting documents, at their registered office.
02/28/2019
This is despite the fact that the Cayman Islands government, as is its custom, adopted and has implemented most of the safeguards and hoop-jumping required to placate the task force – for now, at least.
02/28/2019
China has recently introduced a series of cybersecurity and data protection regimes which can and will affect the operation of the banking and finance sector.
02/27/2019
Тhe EU directive sets a new legal framework for European financial regulators to monitor crypto-related businesses and service providers in order to protect against money laundering and terrorism financing.
02/27/2019
Permanent Capital intends to grow BCB into a full-service commercial bank.
02/26/2019
Mr. McLaughlin did not go into specifics, but statements have been made in recent public hearings that demonstrate Cayman’s struggles to meet FATF standards.
02/26/2019
Guernsey is positioned at the forefront of the development of green and sustainable finance as a member of the UN’s International Network of Financial Centres for Sustainability
02/26/2019
Although there are some delays, in 2019 the vast majority of committed countries will be exchanging information under the Organisation for Economic Co-operation and Development’s (OECD) common reporting standard (CRS).