02/24/2020
The Cayman Islands would not be highly ranked on any secrecy index that is objective, transparent, and based on standards established by global standard setting bodies.
02/24/2020
Now that the UBO register is live in Luxembourg, it has allowed the general public and other interested parties like bankers, lawyers and notaries to see how it works in practice.
02/24/2020
There is also anecdotal evidence that the NCA has been able to obtain such orders based on historic internet articles alleging wrongdoing by an account holder’s relative.
02/24/2020
Ruling Increases Pressure on Bank's New CEO to Address Litigation Risks
02/24/2020
Recasting regulatory obligations as cultural commitments
02/24/2020
The article was then published hours later, by the World Bank, he explained, also confirming this through screenshots he shared with OCCRP.
02/24/2020
While much of the world’s attention is rightly focused on the human toll of COVID-19 – including the 1,873 deaths reported as of 18 February – the economic toll of the outbreak also has potentially disastrous implications.
02/24/2020
The shortcomings were uncovered by the Swiss Financial Market Supervisory Authority
02/24/2020
It will be concerned that family investment companies are taxed too leniently and that huge amounts of wealth might be held through them.
02/24/2020
The annual Monterey Report is based upon the Jersey Financial Services Commission's list of regulated schemes as at 30 June 2019.
02/23/2020
The fact that we have won this award for the second year running shows the consistency and quality of our services and further demonstrates Accuro’s leading position in the Swiss market.
02/21/2020
Since the launch of the dormant assets scheme in 2011, 30 firms have voluntarily transferred dormant funds into it.
02/21/2020
For Standard Chartered’s Southern Africa CEO Jerry Kweku Bedu-Addo, fighting wildlife crime is now part of the day job.
02/20/2020
After five years of legal residency in Portugal, it is possible to apply for Portuguese citizenship.
02/20/2020
The MoU with the Croatian Financial Services Supervisory Agency has been signed in the spirit of mutual cooperation and information exchange
02/20/2020
Julius Baer took note of Finma's announcement regarding the closure of the proceedings in the FIFA/PDVSA case and acknowledges in principle the conclusions regarding shortcomings in the fight against money laundering.
02/19/2020
On 18 February 2020, the Economic and Financial Affairs Council announced that the British Virgin Islands has moved to the ‘whitelist’, indicating that the BVI is now in line with tax governance and transparency standards prescribed by the EU.
02/18/2020
The judge ruled that a company director’s purchase of residential property from the company’s administrator at a “significant undervalue” had not been in the interests of creditors.
02/18/2020
The aim is to tax businesses which traditionally paid low amounts of tax in foreign countries they operated in, those being: search engines, social networks and online marketplaces.
02/18/2020
The decision acknowledges that The Bahamas has implemented all the necessary reform to address concerns regarding economic substance, removal of preferential exemptions and automatic exchange of tax information.