01/08/2015
Maples law firm published a piece that stated, “Following the 1 January 2015 deadline, an entity that is an RFI (whether in the Cayman Islands or in the BVI) that has failed to register with the IRS is likely to have any future receipt of US sourced
01/06/2015
Not only is heavily indebted 1Malaysia Development Bhd getting a new chief executive officer, but it has also failed for a second time to pay a RM2 billion loan to local lenders due on December 31 last year.
01/05/2015
Cayman Finance CEO Mr. Jude Scott today welcomed the recent statement from the Cayman Islands Government regarding the beneficial ownership changes being insisted upon by the UK.
12/31/2014
The Vatican Bank is the latest to join the ranks of a hundred other countries worldwide that have agreed to the terms of the FATCA
12/31/2014
The consultation was conducted by the Ministry of Financial Services and Commerce.
12/28/2014
However the increased capital ratios that are coming into effect under the so-called Basel III regulations are still mostly based on a bank's internal model of calculating the risk of its activities.
12/25/2014
The Russian government will consider amendments to state procurement laws that would ban state contracts from being awarded to companies registered offshore.
12/24/2014
For Centuries the Inner Workings of the Vatican Bank have been Cloaked in Secrecy
12/23/2014
The new system is called REEFS, which stands for Regulatory Enhanced Electronic Forms Submission
12/23/2014
PKR MP Wong Chen’s observation of currency gains made by 1 Malaysia Development Bhd through its offshore accounts in the Cayman Islands validates its concern over foreign exchange fluctuations
12/23/2014
The Class A shares of the Emerging Markets Fixed Income fund were down -0.19 percent in November after finding difficulty during much of the fall.
12/22/2014
Fiscal framework to remain in place indefinitely
12/22/2014
Looking at the Crown Dependencies, Jersey saw a 6% increase over the previous half-year, while Guernsey saw something of a dip in the number of new company incorporations.
12/18/2014
Overall, the net asset value of all funds under management and administration in Guernsey fell by £0.4 billion
12/18/2014
Single investor funds and managed accounts have also become increasingly popular again following the experiences of the 2008 crisis
12/18/2014
Just days away from the 22 December deadline for many financial institutions to register with the US tax authorities to obtain their Global Intermediary Identification Number by 1 January 2015
12/17/2014
Aligning Bermuda’s insurance framework to take into account Solvency II standards and initiatives;
12/16/2014
As a result of this transaction, Duff & Phelps will create a dedicated Financial Regulatory and Compliance Practice, based on Kinetic Partners’ recognized leadership in providing regulatory consulting and compliance counsel to the financial serv
12/16/2014
Fortress Switzerland is showing more cracks.
12/15/2014
Part-time Cayman Islands residents and short-term workers will soon be having a much easier time getting through Cayman Islands immigration processes when they arrive in the country.