07/18/2016
The Labuan Financial Services Authority continued to advance in supervisory cooperation with international regulatory authorities through the exchange of information with counterparties.
07/15/2016
This grandfathered period is now rapidly coming to an end.
07/15/2016
It was the second security message issued this year. In January, the US Embassy in Nassau put out a warning over crime in the Bahamian capital.
07/15/2016
In Jamaica, U.S. bank account holders are receiving notice to take their money elsewhere.
07/14/2016
We expect 2016 results to be marginally better than 2015,” he warned shareholders.
07/13/2016
Whilst it is too early to predict how the relationship between the UK and the EU will be redefined, Guernsey’s own relationship with the UK remains unchanged.
07/13/2016
The authenticity of the investment was publicly questioned and the company came under immense pressure, resulting in the demand for the money to be repatriated.
07/13/2016
Criminal charges for HSBC would have meant the US would have to review and possibly revoke the bank's charter to do business there.
07/12/2016
ESMA is due to make its recommendations later this month.
07/07/2016
EU agreements may be difficult for Bern to maintain and even harder for London to follow
07/07/2016
In 2017, a second group of countries will implement the CRS, with the exchange of information starting in 2018.
07/07/2016
Hong Kong's SFC has again updated its Alert List to warn against unregulated entities offering their services.
07/06/2016
But this focus on extra-territorial tax evasion has not been confined to Switzerland.
07/04/2016
EU officials say the new plans would focus on beefing up access to national registers of “beneficial ownership” already being put in place by governments.
07/04/2016
The Mauritius transitional period (1st April 2017 to 31st March 2019) allows for the sharing of taxing rights between India and Mauritius
07/01/2016
This AIFMD MoU facilitates information exchange and experience sharing, important processes that will enhance our capabilities as supervisors of AIFMD entities
07/01/2016
But the key issue is how to move from commitments to actual implementation.
06/30/2016
Cayman, other territories to be briefed on Brexit
There are also some practical considerations regarding the availability of EU-directed funding assistance available to the overseas territories.
06/30/2016
Senator Philip Ozouf, Assistant Chief Minister for Financial Services, Digital, Innovation and Competition, will represent the island on the Advisory Board of the CWEIC.
06/29/2016
All financial institutions in early adopter jurisdictions should now give thought to the due diligence they will need to perform in respect of pre-existing accounts.