04/06/2016
Jersey leads on the capture and sharing of beneficial ownership information
He welcomed moves for greater transparency and called on other locations that had not done so to introduce a regulatory regime that enabled them to know and share information on the beneficial owners of companies with appropriate authorities.
04/04/2016
Bahamas Central Bank on further liberalization of foreign exchange controls
The Central Bank will continue its review of the Exchange Control regime
04/04/2016
Calls mount for tighter rules on NZ's foreign trusts after Malta scandal links
Green finance spokeswoman Julie Anne Genter has called for tighter rules around foreign trusts.
04/01/2016
The legislation would scrap fines and some surcharges for such disclosures.
04/01/2016
The business clients that currently bank with the Gibraltar International Bank will have already benefited from the services the new premises will provide from the main office at 310 Main Street.
04/01/2016
The State Bank of Mauritius is the second largest bank in that island nation after the Mauritius Commercial Bank.
04/01/2016
The Financial Stability Board, which met in Tokyo on Thursday, has agreed on a framework for categorizing different components of fintech and assessing their potential risks.
03/31/2016
The agreements resulted in settlements totaling roughly $1.3 billion.
03/31/2016
Falling short of supporting calls for business staff plans to be made public, Rivers said she wanted to see much more transparency.
03/30/2016
Equivalence for Solvency II has officially taken effect in Bermuda, retroactive to 1 January, the Association of Bermuda Insurers and Reinsurers announced yesterday.
03/30/2016
The Bermuda Monetary Authority is set to name and shame firms that are subject to enforcement actions in the wake of regulatory scrutiny.
03/29/2016
Russia is blaming the United Kingdom for failing to end local legislation that allows companies with bearer shares to exist in the BVI and that allows non-UK nationals to form such entities.
03/29/2016
According to the minister, a firm has been established to draw up the policies for banking and other services to be provided at the finance centre.
03/28/2016
It is within this milieu that Jamaica and the Caribbean region find itself challenged by what is euphemistically referred to as the 'de-risking of foreign correspondent banking relationships'.
03/28/2016
The CBC took over the operations of FBME in 2014 after the latter was named a “financial institution of primary money-laundering concern” FinCEN.
03/24/2016
The British Private Equity & Venture Capital Association's Channel Islands Working Group was also a signatory to the MoU and will enjoy the benefits that come with closer ties.
03/24/2016
Harris proceeded to list several new features and improvements introduced by his government.
03/22/2016
Whilst the main aim of the proposal is to tackle crime, corruption and money laundering it is quite likely that one of the aims is to collect beneficial ownership information so that the new rules in relation to UK Inheritance Tax for residential properti
03/21/2016
This became effective on December 31, 2015, following a process that began with Brazil’s application to membership in 2007 and its acceptance by the CDB Board of Governors in 2008.
03/18/2016
Bank of Mauritius Governor Ramesh Basant Roi told reporters on Friday the bank was expected to start operations in the next few months but did not give a date.