Managers of Wealth Offshore

Plans for major bank shake-up

These changes affect only the largest banking groups worth £25bn.

UK extends women’s rights treaty to Cayman Islands

Countries that have ratified CEDAW are legally obligated to work towards implementing its provisions

CRS - What Clients Really Need to Know by David Inglesfield, Asiaciti Trust

In summary, CRS is happening with extraordinary speed. It is most important that clients accept that it is; take good advice and structure their affairs properly; and if they wish to choose a new country of tax residence, actually move there and get a cer

Cayman Finance welcomes CIG/UK beneficial ownership meeting

This as Mr Scott pledged that Cayman Finance will continue its work with the Ministry of Financial Services, and other local stakeholders, “to further evolve and enhance Cayman’s strong regime.”

Cayman Finance welcomes positive discussions on Beneficial Ownership with the UK

Cayman Finance worked closely with the Ministry of Financial Services in preliminary discussions

Key points for lenders and borrowers: snapshot of changes to BVI law in 2015

The following are the key developments to BVI law that are most likely to interest lenders and borrowers.

Cayman Islands Monetary Authority: Supervisory Issues & Information Circular

It also stresses the minimum requirements CIMA expects to see in a well-functioning AML/CFT programme.

Jersey Deal Activity Sees Five Years Of Growth

Jersey deal value rises 26 percent in 2015, Appleby report finds

Litigation: Skype messages show Caledonian’s trading activity in penny stock frauds

Hinting at potential criminal charges for those involved, the SEC says the documents “will also prove beneficial to the ongoing law enforcement investigations of these matters and others.”

Isle of Man Common Reporting Standard Draft Guidance Notes Published

The Income Tax Division have confirmed that they are in contact with the OECD in order to confirm a number of areas where there is still uncertainty in the CRS with a view to updating the guidance notes in due course.

Busuttil gives Muscat 24 hours to ‘shoulder responsibility’ for Panama offshore companies

Opposition leader hints at motion of no confidence unless Muscat shoulders political responsibility over the next 24 hours

IFC Forum criticises US over Common Reporting Standard

Over 90 jurisdictions have agreed to implement CRS: the latest standard by which governments automatically exchange financial account information to prevent tax evasion.

Striking The Right Balance – Responding To Global Regulatory Challenges

In the wake of the global financial crisis, an unprecedented wave of regulation has swept through the financial services industry, impacting market participants at every level.

Cayman Fund Sector Rises To Regulatory Challenges

Recently named the best Hedge Fund Services Jurisdiction in the Hedgeweek Annual Global Awards 2015, the Cayman Islands continues to be recognised as the market leader.

The Cayman Islands Financial Services – Regulatory Framework

In addition, CIMA developed its first vision statement to reflect its dedication to continuous improvement

EIB- Cyprus loan contracts signed

The loans managed by four Cypriot banks will help bolster liquidity, support economic recovery and create jobs, EIB said.

Central Beneficial Ownership Registry: A Cayman Perspective

From the perspective of the IFCs, the UK proposals were counter intuitive.

The Danger Of De-Risking Jamaican Banks

The specific issue is the accelerated move by banks in developed countries to drop their correspondent banking relations with those in emerging economies.

Bank Of Bahamas Still Violating Key Capital Indicators

Bank of the Bahamas’ latest results also undermine the prediction by its former managing director, Paul McWeeney, that it would have returned to profitability by the 2015 year-end.

Voisin Law Review For Business Brief

The judiciary is at all times ensuring that the gladsome light of jurisprudence is being allowed to illuminate on a daily basis.

Regulation, Risk & Compliance