Antigua and Barbuda
Information Management Solutions Limited
Observers will recall that this is the Commission that oversaw the R. Allen Stanford debacle, which is still arguably the world's greatest bank robbery.
Colin Biggers & Paisley
Article discusses new AFS licensing regime for foreign financial service providers.
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.
Barbados' status as a compliant, reputable and transparent global financial centre was recently validated by the European Union.
While recent events have put a temporary halt on global mobility, as the pandemic dissipates it seems likely that there will be increasing interest from high-net-worth individuals and their families in having their primary or secondary residence in an offshore location.
With world economies in trouble in the wake of the Covid-19 pandemic, high-net-worth individuals and their advisors may be seeking new wealth management vehicles and opportunities.
As families and their advisers look beyond traditional wealth centres as a location for the family office, the British Overseas Territories (BOTs) of Bermuda and the Cayman Islands are proving increasingly popular choices.
BeesMont Law Limited
Bermuda's Economic Substance Portal launched as of 1 May 2020 to provide a reporting platform for filings from entities that are required to file declarations under the economic substance regime...
Despite the present challenges faced by all international financial centres, in particular global volatility in financial services and demands for greater regulation, Bermuda's perennial resilience and ability to adapt...
These set out the requirements for economic substance that relevant non-EU jurisdictions were required to adopt in order to avoid being blacklisted by the EU.
Kennedys Law LLP
At trial, the judge found that BOB had been guilty of gross negligence in its performance of the NAV calculations.
British Virgin Islands
Rahman Ravelli Solicitors
The UK government has welcomed the Bri6sh Virgin Islands' commitment to crea6ng a publiclyaccessible register of company ownership by 2023.
The BVI was amongst those moved to the EU's list of fully cooperative tax jurisdictions on 18 February.
On 18 February 2020, the Economic and Financial Affairs Council announced that the British Virgin Islands (BVI) has moved to the ...
The issue of economic substance is not a new one. More and more, modern companies coupled with new technology and trading practices challenge the notion of "economic substance" for value creation in the traditional sense ...
The Cayman Islands is changing the way it regulates funds. Two new measures - the Mutual Funds Law (Revision, Amendment 2020) and the Private Funds Law and Regulations 2020 - have been implemented.
The Cayman Islands has been added to the EU's list of non-cooperative jurisdictions for tax purposes following the EU Member States finance ministers' meeting (EcoFin) on 18 February 2020.
Cayman has long been at the cutting-edge of developments in international trusts law, cementing its place as a market-leading international financial centre and jurisdiction of choice for ultra-high net worth families.
The Cayman Islands continue to meet and exceed international compliance standards in a proactive and sophisticated manner.