05/21/2014
The Securities and Exchange Commission accused the five, including former Cayman Islands residents Fred Davis Clark Jr. and his wife Cristal R. Coleman, of running a US$300 million investment scam out of Florida.
05/21/2014
New board now in place
05/19/2014
More than 40 percent of BVI business originates from China and the rest of the Asia Pacific region.
05/19/2014
The CISI will be replying positively to the invitation to work closely with the BSRC and applauds the initiative to have common standards between professional bodies, similar to the Engineering Council.
05/14/2014
Gibraltar Resident Amongst 50,000 Madoff Claims
The claims received have not yet been reviewed to eliminate ineligible, duplicate or overstated claims, which MVF expects to be substantial
05/13/2014
Loan funds in Malta Licensing and regulation
The Malta Financial Services Authority has recently clarified its position with respect to the licensing and regulation of loan funds in Malta.
05/12/2014
Cayman Islands: New effort to regulate charities
International regulations have been applied to charities because of their potential to serve as a front for money laundering and terrorist financing.
05/09/2014
Bahamas: Central Bank: 'No Power' On Atm Fees
The group is asking the Central Bank, as regulator of commercial banks
05/05/2014
BlackRock leads protest against OECD tax plan
BlackRock, Fidelity, Robeco and Pioneer have joined forces with asset management groups and fund associations around the world to persuade the OECD to alter tax proposals they believe could harm investors.
05/02/2014
Jersey to sign memorandum of understanding with the Emirates Securities and Commodities Authority
Jersey Finance officials and finance industry representatives will also visit Saudi Arabia
04/30/2014
A three-year-old judgment followed by repeated coaxing by the Supreme Court made the Centre disclose all 26 Indian account holders in LGT Bank in Liechtenstein along with details of money in their accounts, which was supplied in 2008 by Germany to India.
04/29/2014
The CSFI’s biennial Banking Banana Skins survey, produced in association with PwC, revealed the overwhelming message from respondents: the weight of new regulation is becoming excessive and could dampen economic recovery and growth.
04/21/2014
FRMO Corp. and the Bermuda Stock Exchange announced that FRMO has purchased a 37.57 percent stake in the BSX.
04/17/2014
Cayman Islands and Luxembourg funds: Options and considerations for managers
Opalesque Industry Update - The structure and domiciliation of a fund vehicle are integral to the set up of a fund from multiple perspectives.
04/16/2014
FinScan opens Cayman Islands data centre
The new Cayman location was added to serve clients in Latin America and offshore locations
04/10/2014
Eleven of 12 government members opposed the motion with no explanation
04/09/2014
Providing the basis for a framework of cooperation and exchange of information, significantly the MoU paves the way for allowing Jersey domiciled funds to participate in the Qualified Foreign Institutional Investor and Qualified Domestic Institutional Inv
04/09/2014
Gibraltar Finance’s Philip Canessa shares his views on the benefits of Gibraltar as a European Union jurisdiction, as well as the attractions of the territory’s fund regime, tax incentives and regulatory framework for the funds industry.
04/08/2014
A service aimed at ensuring complaints about financial businesses are resolved could be available in the Channel Islands by the end of year.
04/08/2014
GUERNSEY’S financial regulator is to close its version of the ‘virtually unaffordable’ final salary pension scheme.