04/12/2018
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.
Regulation, Risk & Compliance
04/11/2018
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.
04/11/2018
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
04/10/2018
Mauritius Suspends Quantum Funds After Angola Official Visit
Seven funds invested cash from Angola’s sovereign-wealth fund
04/09/2018
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.
04/06/2018
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
04/05/2018
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.
04/01/2018
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.
03/28/2018
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.
03/28/2018
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.
03/27/2018
Mirror, mirror on the wall
Mr Speaker, our last Budget has proven our commitment to Bermudians by growing government.
03/26/2018
Pilatus: the headache that won’t go away
The timing was inauspicious for a number of reasons.
03/23/2018
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.
03/23/2018
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
03/23/2018
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”.
03/22/2018
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.
03/19/2018
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.
03/19/2018
StanChart Fined in Singapore for Money Laundering Breaches
Two units fined a total of $4.9 million by monetary authority
03/19/2018
Sigma and Cactus team up on cyber security
Cactus is the executive agent for sales of Trust Lockdown, while Sigma is the Channel Island and UK sales partner of Cactus.
03/19/2018
G20 urged to adopt common regulations for cryptocurrencies
It is understood discussions on cryptocurrencies will take place across both days between finance officials from G20 members.