07/17/2014
The B20 leads engagement with the G20 on behalf of the international business community. It brings together international and domestic business groups, multinationals, regional and domestic businesses to develop practical recommendations to help guide G20
07/16/2014
It was on 20 May 2014 that the United States Treasury Department Financial Crimes Enforcement Network alerted financial institutions around the world that illicit actors were abusing the economic citizenship programme of St. Kitts and Nevis.
07/15/2014
The effects of the directive are already felt in Cayman to the extent that AIFMs of Cayman funds (whether EU- or non-EU based) are marketing Cayman funds in the EU or, for EU-based AIFMs, managing Cayman AIFs.
07/13/2014
Shares in social network Cynk Technology, which has one employee and no working phone number, have surged 24,000pc
07/11/2014
The Caricom Community calls on all member states to "co-operate and co-ordinate their regulatory systems" with respect to regional citizenship by investment programmes.
07/11/2014
Jersey approves first regulated Bitcoin fund
A regulated Bitcoin investment fund overcomes anonymity concerns about the virtual currency, says its director.
07/10/2014
These developments have, at times, witnessed a departure from traditional regulatory models and are not without their challenges.
07/10/2014
Guernsey has taken note of the fact that some clients may worry about confidentiality
07/10/2014
Advisers with expatriate clients, or whose clients’ investments span multiple jurisdictions, may find a more level playing field as global regulators work together more, Angelo Venardos has said.
07/08/2014
This trend brings due-diligence, risk-management and transparency- management processes of funds and their managers to the forefront, with the obvious result being an increase in hedge fund compliance costs.
07/07/2014
Good corporate governance is the pre-requisite for operational success and survival in today's competitive marketplace.
07/04/2014
Publicly accessible CIMA database of directors still a long way off
The Cayman Islands Monetary Authority is still some way from creating an accessible database identifying the fund boards on which directors sit on.
06/30/2014
The British Virgin Islands is the most popular offshore jurisdiction, with favourable business regulations, a prosperous economy and stable political situation.
06/30/2014
Many boards wield a shocking amount of authority
06/26/2014
The bank may raise between 800 million euros and 1 billion euros by selling shares, said the people, who asked not to be identified because the discussions are private.
06/26/2014
The Cayman Islands Legislative Assembly unanimously passed the government’s 2014/15 spending plan Wednesday, just four working days before the territory would have run out of authority to spend money on July 1.
06/25/2014
The Bahamas government says it is “unable to ignore” the nuances that came to light when the island held a referendum on gaming in 2013 as it announced measures to modify its position on regulating the gaming industry.
06/24/2014
Out of the 500-plus suspicious transactions 340 were filed for intelligence
06/23/2014
The agreement would have allowed UTICO to set up a subsidiary in the name of CHN Trust Limited
06/19/2014
United Kingdom (UK) Member of Parliament and Under Secretary of State for Foreign and Commonwealth Affairs, Hon. Mark Simmonds, has expressed his support for the British Virgin Islands (BVI) and its financial services industry during a fact-finding trip t