05/01/2018
“The speed with which the UK Government has intervened on this issue demonstrates the value of our close co-operation and our centuries of shared heritage.”
05/01/2018
This has ensured that the most adequate, accurate and current information is able to be exchanged quickly with the relevant law enforcement and tax authorities, in pursuit of the worldwide fight against financial crime.
05/01/2018
"US investigators have previously alleged that US$1 billion of Malaysian public money meant for a joint venture between 1MDB and PetroSaudi was siphoned off to a Malaysian businessman.
04/30/2018
Ministers try to broker deal to avoid defeat in parliament
04/30/2018
Hong Kong’s relatively relaxed legal requirements for charitable organisations is one major draw to being the best city in the region to establish such structures
04/30/2018
The finalised version of the Anti-Money Laundering (AML) Guidance, approved by the Treasury, offers additional information on when the defence may apply.
04/30/2018
The strategy statement sets out the aim by which Guernsey intends to become the global jurisdictional platform supporting managers to reach global markets
04/30/2018
The main beneficiaries are expected to be Malta-based collective investment schemes and trusts or other wealth structures that need a local custodian or depositary.
04/27/2018
Danish regulator reprimands Danske’s asset management robot
04/27/2018
"This can be seriously disruptive for firms’ plans. It suggests there is work to do if firms’ own assessments of capital requirements are to be aligned with those of the regulator."
04/27/2018
City of London Police detective superintendent Perry Stokes, who is leading the investigation, said: 'We are encouraging anyone who believes they are a victim."
04/27/2018
Real estate mogul Michael Shvo, 45, pleaded guilty to tax evasion on Thursday
04/26/2018
Neil Barry allegedly made inappropriate comments to colleagues
04/26/2018
The neutral country has now begun to exchange information on bank clients with foreign tax authorities.
04/26/2018
More than a third of financial firms (34%) said they have not even begun preparing for GDPR, the Cordium study, carried out in April, reported.
04/25/2018
Cryptocurrency companies and users are waiting to see how the legal and regulatory industries react to them and the underlying Blockchain technology.
04/25/2018
It will be open to all types of new and existing funds, authorised, registered, Guernsey Private Investment Funds, open-ended and closed-ended, with different levels of certification available.
04/24/2018
Zurich Court of Appeal dismissed claim against Julius Baer
The Zurich Court of Appeal, as the court of second instance, issued its judgment in the case of the Bundesanstalt für vereinigungsbedingte Sonderaufgaben versus Julius Baer and ruled in favour of Julius Baer as well. The ruling is not yet legally bi
04/24/2018
Guardian Wealth hit with $1m fine
GWMQ was authorised by the Regulatory Authority on 20 October 2009 as an insurance intermediary firm to conduct insurance mediation in accordance with Article 29 of the Regulations.
04/24/2018
A Private Bank for Azerbaijan’s Ruling Elite
Their revelations were corroborated by public records obtained by reporters.