06/10/2015
The Gibraltar FSC signs MoU with the Guernsey FSC
The MoU will serve as a formal agreement to strengthen co-operation between the two supervisory authorities, providing a gateway to exchange information and increase investigative assistance between the two organisations.
06/08/2015
FIFA scandal may lead to tighter Caribbean banking regulations
Correspondent banking - the arrangement that allows a local bank to have access to the services of a distant financial institution
06/08/2015
Expat pensioners losing out as Government thinks they're dead
Elderly Britons overseas who've missed a deadline to prove they’re still alive have had their pensions stopped
06/05/2015
Republic Bank Ltd managing director David Dulal-Whiteway has said the bank is doing an internal investigation into the FIFA-related wire transfers.
06/05/2015
From managing systemic risk to enhancing transparency and investor protection, firms are grappling with balancing the demands of an ever-changing regulatory landscape with limited budgets and operational resources.
06/04/2015
The paper has been developed at the request of HM Government of Gibraltar and is designed to support the further development of the market for personal pensions and ensure that personal pensions continue to be subject to appropriate regulation and investo
06/04/2015
The States of Jersey has introduced legislation that outlaws discrimination against anyone based on their gender
06/04/2015
Gibraltar QROPS operators could see their responsibilities as a trustee extend to include the due diligence of overseas financial advisers
06/03/2015
Bermuda’s government is looking to restructure its banking industry as it seeks to make the jurisdiction even more attractive to the international re/insurance industry and also help improve the island’s unemployment rates.
06/03/2015
“The days of safely hiding behind shell corporations and numbered bank accounts are over,” said Acting Assistant Attorney General Caroline D. Ciraolo of the Department of Justice’s Tax Division.
06/01/2015
The vast majority of partnerships on the registry are private
06/01/2015
Some of the attendant issues are familiar enough — police practices that include infiltration, entrapment, manufacturing evidence, killing unarmed men, ignoring evidence of child abuse and evidence of high-level corruption, revealed with worrying re
05/29/2015
Two of Britain's largest banks caught up in FIFA corruption scandal
Two of Britain's largest banks have been named in the corruption crisis engulfing world football
05/28/2015
Liquidators of failed Cayman Islands-based hedge funds sue Barclays
Barclays knew that during the first half of 2008, ICP Asset Management and Priore caused other investment vehicles they managed to make over $40 million in fraudulent transfers to Barclays to cover Triaxx Funding’s margin obligations.
05/28/2015
Basler, one of a host of local government-backed lenders in Switzerland, is still on the hook in a U.S. probe investigating how Swiss banks helped wealthy Americans dodge or cheat on taxes.
05/28/2015
The department is currently investigating accountholders, bank employees, and other facilitators and institutions based on information supplied by various sources, including the banks participating in this Program. Our message is clear – there is no
05/27/2015
London sets up catastrophe bond task force
To tap into the fast-growing $22 billion market for catastrophe bonds as low-tax hubs such as Bermuda
05/26/2015
Gibraltar Joins International Information Exchange Agreement
Agreement Strengthens International Supervisory Cooperation, Promotes Enhanced Consumer Protection
05/26/2015
OECD Permanent Estabishment proposals could impact Channel Islands
The OECD has just released its revised proposals on the Permanent Establishment (PE) rules in Article 5 of the OECD Model Tax Treaty
05/22/2015
This is the second time that Liechtenstein authorities have refused to share the details with Indian agencies.