05/23/2016
A recent report by the World Bank and Bank for International Settlements said that banks in the Caribbean ranked highly in terms of being at risk of losing their correspondent banking relationships.
05/20/2016
Global expansion is high in the agenda for many US companies but along with new opportunities it also brings tax and accounting challenges.
05/19/2016
Describing last week’s London summit as historic, the premier said Cayman fully supports the ambitions to combat criminality and come up with a new standard for global information exchange.
05/19/2016
The premier admitted his comments were received with hostility at the session, which included many advocates for public registers, but it was an opportunity he could not miss.
05/18/2016
As a result, many of the herd are now wondering if there may be greener grass elsewhere.
05/18/2016
Cayman’s participation in the summit was predicated on it joining an initiative for the automatic exchange of beneficial ownership data.
05/17/2016
Companies should no longer be accepted as being from the British Virgin Islands without having a significant share of their revenue and assets actually produced there
05/17/2016
The new legislation has been designed to bring more business to the Isle of Man and further establish us as a home for innovation and entrepreneurialism.’
05/16/2016
The recent onset of additional international tax and anti-money laundering agreements like the US FATCA and the OECD Common Reporting Standard, is causing foreign investors to move their offshore business out of the region to more developed countries.
05/16/2016
A team from the IMF, led by Inci Otker, visited St Kitts and Nevis during April 20 to May 3 to conduct the 2016 Article IV Consultation.
05/16/2016
The company has allegedly been misleading investors by pretending to be regulated.
05/13/2016
Once complete, those Regulations will also be tabled in the Legislative Assembly for affirmative resolution.
05/13/2016
Confidential Relationships (Preservation) Law to be replaced
05/12/2016
Beneficial ownership: the good, the bad, and the geeky
Discussions quietly began the over how Jersey might introduce a public register.
05/12/2016
'Absolutely wrong' – Cayman Islands' response to its critics
Both the Cayman Islands and the BVI have agreed to sharing details of any business owners with tax authorities and law enforcement bodies to tackle tax evasion and money laundering.
05/11/2016
Cayman Islands: Cayman Joins Beneficial Ownership Initiative
The Premier, the Hon. Alden McLaughlin, said Cayman's invitation to participating jurisdictions is one of a number of current, significant measures that it is taking to promote global tax compliance
05/11/2016
Cameron will use anti-corruption summit to call on wealthy to admit sources of cash
Cameron is expected to announce the new transparency measures at Thursday’s summit
05/11/2016
With these new commitments, 101 jurisdictions around the world have committed to implement information sharing in accordance with the Common Reporting Standard developed by the OECD and G20 countries and endorsed by the Global Forum in 2014.
05/10/2016
It also advises on development of the financial stability framework in Bermuda, and makes policy recommendations designed to support the general economic and financial well-being of the country.
05/10/2016
The team at Elian is delighted to be working with Medicxi Ventures in this important sector, and is looking forward to growing the relationship,’ said Giles Johnstone-Scott, director of funds, Elian Fund Services.