01/27/2014
The publication is designed to give Chief Financial Officers a high-level awareness of recent changes that will affect companies’ future financial reporting
01/22/2014
The Moody’s report from December 2013 (available at www.gov.ky) notes that the rating is based on the following Cayman attributes:
01/20/2014
Bahamas 'Can't Survive Many' Banker Detention-Type Hits
The Bahamas “cannot survive many incidents” similar to this week’s detention of a senior UBS banker
01/17/2014
The new rules apply to all funds regulated under the terms of Mutual Funds Law.
01/16/2014
Cayman service providers adjust to the demands of global regulation
In 2012, our voluntary application got approved by CIMA to have a regulated director services model, called DMS Fund Governance.
01/13/2014
The passport system established under the Alternative Investment Fund Managers Directive allows funds to operate throughout the EU once they have received regulatory approval in one member country.
01/10/2014
The FSB is the successor to the Financial Stability Forum and includes all G-20 major economies, FSF members, and the European Commission.
01/09/2014
Areas of high growth for North American banks include compliance systems and resources, counter-fraud, credit, and cyber protection/information security.
01/04/2014
Furthermore, just 12 per cent of respondents believe that regulators fully understand how the financial crisis happened in the first place.
01/02/2014
In a statement sent to Guardian Business, IMF mission chief for The Bahamas Mbuyamu Matungulu noted that the fund is keeping a close eye on the matter, and added that it continues to maintain that the CLICO (Bahamas) matter must be swiftly dealt with.
12/31/2013
Cayman regulator agrees to database providing director transparency
The database is part of a comprehensive review of Cayman governance that will be welcomed by the hedge fund investment community.
12/17/2013
The authority forwards all such reports to the appropriate enforcement agency when that is required. Not every report it receives is necessarily a bona fide instance of corrupt practices.
12/16/2013
The Central Bank of Curaçao and Sint Maarten announces that the Court of First Instance of Curaçao, by order of December 16, 2013
12/12/2013
The start date of the Isle of Man’s answer to the UK’s Retail Distribution Review has been moved back to the first of February, 2014
12/12/2013
The Labuan Financial Services Authority, on 11 December 2013, issued the following two guidelines, which will come into effect on 1 January 2014
12/11/2013
The Island’s Comptroller & Auditor General Karen McConnell, has today published a Code of Audit Practice.
12/11/2013
Standard Bank’s offshore compliance team received the award for Outstanding Service to Compliance and Regulation in the ‘Best Compliance Team
12/05/2013
The Review of Financial Advice project commenced in August 2011 with the publication of Position Paper No. 1 on the Review of Financial Advice.
12/03/2013
Accordingly, Guernsey fund managers and depositaries should undertake detailed analysis of their business requirements before opting in to comply with the Rules.
12/01/2013
State Street was named Channel Islands Fund Administrator of the Year for the second consecutive year at the prestigious Custody Risk European Awards 2013 recently.