01/05/2023
The request followed the rumors, also ricocheted on social networks – and closely denied by Kaili’s lawyer – about an alleged account held by the Greek MEP and her parents at the Panamanian Bladex Bank.
01/05/2023
“The Central Bank worked closely with the Government in concluding these arrangements to access the SDRs,” Rolle said.
01/05/2023
By better matching business tenants to their commercial landlords, the tax authorities’ goal is to detect those among the latter who lack the necessary Business Licence
01/05/2023
It caused a near domino effect that saw more than 100 linked companies file for bankruptcy or suffer heavy losses.
01/05/2023
Combined with total issued Treasury Bills, and securities issued or guaranteed by the Government and its corporations, total outstanding loans to the former by the Central Bank cannot exceed 30 percent of the Government’s “average” or &a
01/04/2023
90% of its clients were deemed to be high-risk wealthy individuals from, or linked to, jurisdictions known to foster money laundering, terrorist financing, bribery, and corruption.
01/04/2023
This process is sometimes referred to as a corporate migration, redomiciliation or transfer of place of incorporation.
01/04/2023
The rule now requires that the double non-taxation outcome resulting from the reverse entity must only be due to the mismatch classification of such entity.
01/04/2023
The annual registration fee is based on the number of ‘full-time equivalent’ staff in each organisation and is unchanged from last year
01/03/2023
The regulator seized the assets under a court order on 12 Nov. because of a risk of “imminent dissipation” of the assets, the commission’s executive director Christina Rolle said in an affidavit filed with the Bahamas Supreme Court.
01/03/2023
Where customers have not supplied any card details, reported cases of plastic card fraud will be refunded in full.
01/03/2023
Generally speaking, anyone wishing to work in the Cayman Islands must first obtain permission to work, unless they are Caymanian.
01/03/2023
ECCM did not indicate where a transaction of €100 million came from
01/03/2023
Near Field Communication is a form of radio-frequency communication (RFID) that allows for communication between two electronic devices – close proximity wireless data transfer.
01/03/2023
Sun Cash will leverage the Lotus Reward programme to bring in more customers into its Sand Dollar wallet, so they can grow their base.
12/30/2022
In its newly released guidelines, the bank is asking for the risk management framework governing digital assets activity to be fully integrated into the overall risk management processes of the supervised financial institution (SFI).
12/30/2022
The former executives of the cryptocurrency exchange have been charged with multiple counts and types of fraud.
12/30/2022
“All transferred assets were and remain under the sole control of the commission,” Rolle said.
12/29/2022
As a result of the Exchange, the Preference Shares were delisted from the New York Stock Exchange on the Exchange Date.
12/29/2022
The Bahamas has been in an enhanced follow-up process, following the adoption of the CFATF mutual evaluation report, which assessed the effectiveness of The Bahamas’ anti-money laundering and counter-terrorist financing (AML/CFT) measures and the co