07/10/2014
Level playing field for offshore investors
Advisers with expatriate clients, or whose clients’ investments span multiple jurisdictions, may find a more level playing field as global regulators work together more, Angelo Venardos has said.
Regulation, Risk & Compliance
07/08/2014
The Cost Of Compliance
This trend brings due-diligence, risk-management and transparency- management processes of funds and their managers to the forefront, with the obvious result being an increase in hedge fund compliance costs.
07/07/2014
The Cayman Approach To Corporate Governance
Good corporate governance is the pre-requisite for operational success and survival in today's competitive marketplace.
07/04/2014
Publicly accessible CIMA database of directors still a long way off
The Cayman Islands Monetary Authority is still some way from creating an accessible database identifying the fund boards on which directors sit on.
06/30/2014
BVI IBC Company
The British Virgin Islands is the most popular offshore jurisdiction, with favourable business regulations, a prosperous economy and stable political situation.
06/30/2014
Keeping Cayman’s boards free from improper influence
Many boards wield a shocking amount of authority
06/26/2014
Bank of Cyprus said to mull boosting capital before stress test
The bank may raise between 800 million euros and 1 billion euros by selling shares, said the people, who asked not to be identified because the discussions are private.
06/26/2014
Cayman Islands: Government budget passed just in time
The Cayman Islands Legislative Assembly unanimously passed the government’s 2014/15 spending plan Wednesday, just four working days before the territory would have run out of authority to spend money on July 1.
06/25/2014
Bahamas govt modifies position on gaming industry
The Bahamas government says it is “unable to ignore” the nuances that came to light when the island held a referendum on gaming in 2013 as it announced measures to modify its position on regulating the gaming industry.
06/24/2014
Trinidad and Tobago’s Anti-money Laundering Legislation Ineffective’
Out of the 500-plus suspicious transactions 340 were filed for intelligence
06/23/2014
St. Kitts and Nevis: NIA attempts to bolster regulation of offshore sector
The agreement would have allowed UTICO to set up a subsidiary in the name of CHN Trust Limited
06/19/2014
UK Government Pledges Support for BVI Financial Services
United Kingdom (UK) Member of Parliament and Under Secretary of State for Foreign and Commonwealth Affairs, Hon. Mark Simmonds, has expressed his support for the British Virgin Islands (BVI) and its financial services industry during a fact-finding trip t
06/19/2014
BVI: the Domicile for YOUR Captive By Martin Cooke, Insurance Manager, Hyperion Insurance Management (BVI) Limited
The number of domiciles in the captive arena has proliferated in recent years.
06/19/2014
Cayman Islands: A Long Commitment To Transparency
Cayman as a jurisdiction has consistently demonstrated a commitment to transparency and embraced international initiatives like no other international financial centre.
06/17/2014
Watchdog to tighten monitoring of stock trading by paper companies
The South Korean financial watchdog said Tuesday it will closely monitor stock trading by paper companies set up in tax havens to ferret out local nationals disguised as foreign investors to dodge domestic law and engage in illegal activities.
06/16/2014
Effective dates for the Intergovernmental Agreements with the UK and US relating to FATCA
The Director of Income Tax has today provided clarity regarding certain effective dates in Guernsey's Intergovernmental Agreements with the United Kingdom and the United States of America relating to FATCA.
06/13/2014
Cayman Islands: Technology, Globalisation And A Level Playing Field
The speed at which companies are reallocating their capital and choosing the most efficient jurisdictions continues to increase and has become a subject of attention in the mainstream media.
06/12/2014
Experts to focus on Jersey's new discrimination legislation
Jersey's new discrimination law will be the focus of an expert panel discussion taking place this week
06/10/2014
UAE And Maldives Sign Customs Cooperation Agreemen
The agreement is also aimed at protecting the society from improper commercial practices, according to Saud Salim Al Akroubi, Head of International Relations at FCA.
06/09/2014
The Best Offshore Solutions
Tom Carey and Ben Morgan of Carey Olsen tell HFMWeek how Guernsey has maintained its solid reputation following the implementation of AIFMD