07/01/2021
The introduction of these changes send a clear message that the Isle of Man is a responsible and responsive jurisdiction committed to following international financial standards.
07/01/2021
Grandfathering provisions were introduced to ensure a smooth transition into the new global business framework
06/30/2021
But the lack of common regulatory standards across EU states for a growing subsector could pose barriers for wider market adoption of RegTech, the EBA said.
06/30/2021
A Cayman trust may be revocable or irrevocable.
06/30/2021
Quilter is warning people to stay alert to the risk of impersonation fraud, and has published a new video on its ‘Stay Safe’ webpage to provide customers, advisers and the wider public with tips on avoiding such scams.
06/30/2021
The expanded disclosure rules follow the same pattern as the rules for premium listed companies introduced in December last year
06/30/2021
Auditor consent letters must now be submitted with the registration application.
06/30/2021
This rapidly evolving environment is being driven by international standard setters that are now assessing regulators on much more than pure legislative architecture.
06/30/2021
The review focussed on host AFMs but some of the findings are also applicable to in-house AFMs.
06/29/2021
Where a data processor carries out processing on behalf of a data controller, Article 28 of GDPR requires the parties to enter into a written agreement
06/29/2021
The FCA’s proposals aim to increase transparency and competition, encourage capital flows towards firms that better manage climate risks and opportunities, and resource allocation towards transitioning the economy to net zero by 2050.
06/29/2021
The statement on Monday from the lawyers came just two days after their first public defence of the brothers who'd been accused of vanishing along with an estimated $3.6 billion (R51 billion) in Bitcoin from their Africrypt investment platform.
06/29/2021
Commercial litigators are likely familiar with the broad concepts involved – but perhaps not with how valuation principles can be deployed in contentious cases.
06/29/2021
Remote work presents an opportunity to reduce the New York tax burden on fee income, but NYS and NYC each present their own considerations, which must be addressed to properly capitalize on it.
06/29/2021
The proposals includes fines for non-compliance of up to the greater of £18 million or 10% of a provider’s annual global revenue.
06/29/2021
The FCA is consulting on extending its rules to standard listed issuers.
06/29/2021
LFIs are required to perform appropriate customer due diligence and report any behaviour that they reasonably suspect
06/29/2021
To avoid being placed on the European Union blacklist of non-compliant jurisdictions, Jersey introduced the Substance Law which came into force on 1 January 2019.
06/29/2021
By adopting the Adequacy Decisions, the EU Commission has recognised that the UK has fully incorporated the principles, rights and obligations of the GDPR
06/29/2021
The CBI's priorities focus on the fundamentals of effective supervision; strengthening regulatory and supervisory frameworks