04/23/2020
Once registered as a private fund, the operator of the fund must certify to the BMA annually that the fund continues to satisfy the qualifying criteria (participants less than 20).
04/23/2020
Compliance is a chain of responsibilities.
04/22/2020
Financial services firms are working remotely and there has been no business interruption, with the island's internet infrastructure seemingly able to cope with the different way of working.
04/22/2020
Capital markets and structured finance encompass a variety of asset types that have already been directly affected by the outbreak.
04/22/2020
The banks are accused of inflating spreads between the prices where they bought and sold odd-lot bonds
04/22/2020
Every entity incorporated or registered in the Cayman Islands will be required to notify the Cayman Islands Tax Information Authority
04/21/2020
Update prepared by Christopher Edwards (Partner, Guernsey) and Jeremy Bell-Connell (Associate, Guernsey)
04/21/2020
The capacity and power of a foreign officeholder will be derived from the laws of the jurisdiction of the foreign officeholder's appointment
04/21/2020
Financial services firms are working remotely and there has been no interruption to business continuity for the sector.
04/21/2020
The JFSC have confirmed that while their physical premises are closed, a flexible business continuity strategy is being implemented and they intend to take a pragmatic approach when dealing with filings, submissions and responding to clients (with the vas
04/21/2020
The financial services sector has adapted well to the new restrictions and continues to operate effectively through the use of electronic filing and payment systems.
04/21/2020
The development adds to questions about the fund's choice of Mr Tangen as CEO as he faces criticism in Norwegian media for what is perceived as a jet-set lifestyle that's unsuited to the guardian of an entire nation's savings.
04/21/2020
The bank falls short of EU anti-money laundering rules, internal audit reveals
04/20/2020
The legislation has been heavily criticised for its complexity, but the correct guidance and careful planning can help you overcome this.
04/19/2020
Guidance from the Commission: Assessing competition law issues relating to business cooperation in response to the COVID-19 outbreak
04/19/2020
Court rules accountancy firm breached code of ethics in its dealings with a refiner
04/19/2020
The case has raised eyebrows in Switzerland, where insider trading convictions are rare and those of former top executives even more so.
04/17/2020
Richard Boath tells FT the agency that charged him had fallen short of its responsibility
04/17/2020
Most money-mule operations rely on establishing informal ties to the global financial sector.
04/17/2020
It’s a step up from the current standard, which requires broker-dealers to recommend investments that are merely “suitable” for clients