06/01/2018
In a statement on its website earlier today (1 June) STM said it was still working with Deloitte, which is carrying out the review, and the Gibraltar Financial Services Commission in order to finalise the ‘skilled person report’ which is simil
05/29/2018
On 1 May, a high-profile debate in the UK House of Commons passed a set of amendments to the Sanctions and Anti-Money Laundering Bill that brought the issue of beneficial owners of companies, and public registers, back into the spotlight.
05/29/2018
The listing rules of most exchanges are designed to broadly facilitate the general array of debt listings possible
05/29/2018
The deputy prime minister, though, argued: "We can't sit back and wait for someone else to take the first step.
05/28/2018
BVI Premier Orlando Smith expressed dismay at the fact that the U.K. is forcing the BVI to implement a public registry even though his government has spent vast resources implementing numerous regulatory reforms over the last several years
05/28/2018
The Data Protection Law 2018 will be regulated and enforced in Jersey by the Office of the Information Commissioner.
05/25/2018
The protection of our data and ensuring businesses are using our information in a responsible manner is a huge issue that affects businesses large and small.
05/25/2018
The UK intends to legislate for the Overseas Territories if they do not voluntarily introduce transparent registers by the deadline.
05/25/2018
This amendment will force British Overseas Territories to introduce public registers that disclose who owns the assets in companies registered in each jurisdiction.
05/25/2018
"Cayman's best course of action is to challenge any decision of the UK Government by order in council to amend local legislation … which will render the issue to our courts here,” he said.
05/24/2018
The uncertainty ushered in by this event is unprecedented and has seen many businesses scramble to re-evaluate their positioning within Great Britain and its ramifications.
05/23/2018
“Established for over 30 years the Life sector is a vital part of the Island’s economy and over 17% of GDP,” he said.
05/22/2018
Look beyond the compliance side of the GDPR
05/21/2018
UK proposals to impose a transparent company register upon Jersey that were blocked at the eleventh hour have only been ‘delayed’, a local constitutional expert has warned.
05/18/2018
Looming Deadlines in the Cayman Islands: Are you in compliance?
Unless exempted as out of scope, all Cayman Islands companies and LLCs must have in place their beneficial ownership register by 30 June 2018.
05/18/2018
If you believe your firm has been compromised, you must contact your JFSC supervision team immediately and report this to the States of Jersey Police.
05/18/2018
A law firm outlines how financial advice firms can protect themselves from the criminal offence of failing to prevent tax evasion.
05/18/2018
The SEC’s complaint alleges that between 2014 and 2017, Brent Borland sold more than $21 million of promissory notes to dozens of investors
05/17/2018
FBR has already issued a list of 456 reporting financial institutions under common reporting standards for automatic exchange of information under the Organisation of Economic Cooperation and Development (OECD) convention.
05/17/2018
In a straightforward scenario, this is done by ascertaining which of the title holders first recorded his conveyance as, pursuant to section 10 of the Registration of Records Act, priority is determined by the order in which instruments are recorded.