10/11/2016
Washington Meetings: Economy, strategic priorities highlighted
Their focus is on reducing poverty, as well as promoting global economic and financial stability.
Regulation, Risk & Compliance
10/10/2016
Credit Suisse Just Placed Five Employees On Leave Over a Tax Probe
Credit Suisse did not comment on further details of the investigation.
10/10/2016
Two more former BSI senior bankers charged in Singapore court in 1MDB probe
The probes centre on how more than US$3.5 billion (S$4.81 billion) in funds intended to finance development projects across Malaysia were misappropriated.
10/07/2016
Israel's Largest Bank Sets Aside $70 Million to Settle U.S. Tax Evasion Probe read
U.S. authorities are investigating whether the bank helped American clients evade U.S. taxes at its Swiss unit
10/07/2016
Hong Kong masterclass to consider corporate risk management opportunities across Asia
The masterclass follows the signing of Memoranda of Understanding with both the China Captive Alliance and the Kashgar Government by Guernsey representatives in June this year.
10/06/2016
Jersey introduces virtual currency regulation
Reforms leave Jersey well placed as virtual currencies enter the mainstream
10/06/2016
Global Britain - a country that works for everyone
London should make its case as Europe’s leading banking centre, contributing to stability, jobs and growth.
10/05/2016
MEPs call for Commissioners’ code of conduct to be tightened up
The Commission wants all EU citizens to be assured that its Commissioners act exclusively in the interests of Europe
10/04/2016
IoM issues second consultation on insurance amendment bill
They would be unable to pay a dividend or make a payment to anyone other than a policyholder where the insurance firm is in breach of the SCR or to do so would breach the requirement.
10/04/2016
Cayman Islands: Cayman Decision Of Herald Fund SPC - Harneys
Investors' claims for unpaid redemption proceeds in winding up of Cayman Islands investment funds
10/03/2016
Business Between B'Dos, UK Need Not Be Affected
The International Brands Distributor mentioned that when the tourists do in fact visit, it would be wise to place the products in front of them
10/03/2016
Another scandal reported at HSBC; forex law violations under probe
Central Bank of Sri Lanka, was not informed of this alleged violation
09/30/2016
World Bank and Caribbean Export Launch Link-Caribbean
RAIN uses an online angel investing platform to connect promising companies with business angels and other early stage investors.
09/30/2016
Indonesia's Tax Amnesty Program Breaks World Record
Taxpayers signed up to the program have already declared Rp 2,963 trillion, $229 billion of unreported assets since June
09/30/2016
No Basis For Oecd To Assume Bahamas Crs Non-Compliance
The Bahamas even acknowledges the focus of their business in the last few years is Latin America.
09/30/2016
Revenue to receive details on thousands of offshore account
It is the first time the Revenue has had a window into what is going on offshore
09/30/2016
GFSC Proposals to Revise the Bailiwick's Financial Regulatory Infrastructure for Lending, Credit and Finance
It goes without saying that this will only create uncertainty and frustration in an industry that is already working in difficult economic conditions.
09/29/2016
Taiwan's Mega Financial says its bank branches overseas coming under greater scrutiny
Mega Bank will "actively communicate" with regulators, said Chang, who is also the chairman of Mega Bank.
09/28/2016
Chairman Werner Langen: Panama Papers inquiry committee will also look into Bahama Leaks
The investigative journalists, cooperating through the Washington based International Consortium for Investigative Journalism.
09/28/2016
Bahamas PM Reports Progress On Baha Mar Project
Have been approved by the Supreme Court of The Bahamas in a sealed order as is customary in commercial matters of this kind.