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.
06/28/2016
The Policy provides a welcome expansion of the circumstances when a fund can apply for an exemption from the annual audit requirement
06/28/2016
Cayman’s Ministry of Commerce also plans to present a trademark bill to the Legislative Assembly in September
06/27/2016
Regulator in Mauritius sought help from Central Bank in its investigation into offshore hedge fund
06/23/2016
Cayman will first be assessed by the Global Forum on transparency and exchange of information for tax purposes beginning later this year.
06/23/2016
Benefits increased by 5.7 percent to $258 million from $244 million in 2014; and there was a savings in Administrative expenses of $8.1 million,” he said.
06/23/2016
The segregated portfolio company will focus on reinsuring large blocks of pension risk transfer group annuity contracts and other low convexity and long-duration annuity business.
06/21/2016
The Company will report its consolidated financial results in U.S. dollars and under U.S. generally accepted accounting principles.
06/21/2016
Governor will not consider pension petition
06/16/2016
The arrested technician was alleged to have leaked confidential data and violated lawyer secrecy rules, the newspaper Le Temps reported, citing the law firm’s lawyer.
06/16/2016
A frequent criticism against the law, however, is that it is virtually not being enforced at all.
06/16/2016
The use of the Maltese shell company served to conceal the money trail leading back to the client.
06/16/2016
Mossack Fonseca is at the center of the so-called Panama Papers leak, in which an unknown person gave a German newspaper a trove of legal records detailing the owners and clients of thousands of offshore entities.
06/15/2016
The media, charities funded by international aid and lobby groups should be rebutted with a moral argument, he proposed.
06/15/2016
The deadline for such UK FATCA notification was extended from 30 April 2016 to 10 June 2016.
06/14/2016
The controversial debt-reduction arrangement continues to be criticized by the Team Unity administration, a policy the three-party coalition denounced while in opposition.
06/13/2016
Panama Papers MEP says committee should only summon minister to testify after sufficient information is gathered on how financial services industry in Malta allows beneficial owners to hide their identities
06/12/2016
To reach out to American officials and fund its U.S. operations, the center said it needed an infusion of cash for an eight-month campaign: at least $247,000.