Bahamas Financial Services Board
The Government welcomes this decision and the positive impact it should have on growth to investor confidence in the industry.
Bahamas Financial Services Board
Industry stakeholders welcome today's decision and the positive impact we anticipate that it will have on the financial services sector and on investor confidence generally.
The Central Bank of Barbados has further liberalised foreign currency transactions, continuing the movement toward more relaxed exchange controls that it began in 2019.
The Bermuda Monetary Authority (the "BMA") has published guidance with effect from 1 May 2020 (the "2020 Guidance") which replaces the previous guidance on outsourcing...
In this briefing we revisit key points in relation to the implementation of the Convention on International Interests in Mobile Equipment in Bermuda...
British Virgin Islands
This advisory summarises the key features of the Law and the Guidelines and their likely impact on closed-ended funds and their managers.
On February 7 of this year, the Private Funds Law, 2020 (the Law), which mandates the registration and regulation of certain closed-ended funds (Funds), ...
The European Council announced on 18 February 2020 that the Cayman Islands has been added to the EU's list of non-cooperative jurisdictions in tax matters (Annex I).
Cayman Finance fully supports actions being taken by the Cayman Islands Government to constructively engage with European Union officials with an aim to reverse an EU decision to include the jurisdiction on a list of non-cooperative jurisdictions for tax purposes.
We previously published an article detailing draft legislation named the Private Funds Bill which was published on 8 January 2020 (the 'Bill').
The Cayman Islands has made changes to its Mutual Funds Law which came into law on 7 February 2020.
Cayman Islands Government
The Cayman Islands Government notes the publication of the Tax Justice Network's (TJN) latest secrecy index.
The Cayman Islands continue to meet and exceed international standards in a proactive and sophisticated manner.
From a Cayman Islands perspective, capital call or subscription line credit facilities generally follow a well-trodden path. This path allows the Cayman Islands aspects of such deals to be agreed and completed efficiently.
Ropes & Gray LLP
The Cayman Islands has been placed on the EU list of non-cooperative tax jurisdictions as a result of a failure to introduce new laws relating to private funds...
A. Karitzis & Associates L.L.C
PSD2 has been transposed into Cyprus law through the Payment Services and Access to Payment Systems Law of 2018.
The Government of Jersey is currently consulting on the draft Financial Services (Disclosure and Provision of Information) (Jersey) Law 20- (Draft Law).
The Banking Business (Depositors Compensation) (Amendment No. 2) (Jersey) Regulations 2020 (the Regulations) came into force on Tuesday 28 January 2020.
When servicing international investors doing business through Malta, it is of utmost importance to have in place the right banking network that will be able to serve and support the business needs of the investors.
Guernsey, the specialist global centre for investment funds, has made significant gains in the numbers ...