10/28/2021
The majority of disclosures were received from employees and ex-employees (50.8%), however the proportion of reports from other sources (including Trustees) has increased.
10/28/2021
A budget to deliver an infrastructure revolution?
10/27/2021
Appleby Mauritius in a concerted effort with the various regulators which included amongst others the Attorney General’s Office, The Financial Intelligence Unit, the Financial Services Commission and the Bank of Mauritius actively participated in fu
10/26/2021
The courts are prioritising the most serious cases such as where there are allegations of fraud, or alleged arrears equal to at least 12 months’ rent.
10/26/2021
The sanctions compliance guidance (28 page / 2.13MB PDF) reminds the industry that compliance obligations apply equally to transactions involving virtual currencies and those involving fiat currency.
10/26/2021
Under the Amendment Bill, the filing of a petition for the appointment of a restructuring officer would trigger an automatic global moratorium on claims against the company, giving it the opportunity to seek to implement a restructuring.
10/26/2021
New rules, in force on 15 November
10/25/2021
The annual fees are relatively low and a successful applicant will pay US$1,500 per annum for their Certificate (a fee which includes one dependant), with fees of US$500 for each additional dependant.
10/25/2021
Congress also increased penalties for violating the BSA.
10/25/2021
Forms the first of two phases of the DFSA's Digital Assets regime
10/25/2021
The annual fees are relatively low and a successful applicant will pay US$1,500 per annum for their Certificate (a fee which includes one dependant), with fees of US$500 for each additional dependant.
10/25/2021
The New Fiduciary Law will be complemented by revised rules, codes and guidance coming into force on the same day
10/25/2021
The news that just hours after it was launched, a security flaw was discovered in Jersey's digital covid-19 certificate is disappointing but probably not surprising.
10/25/2021
Fully vaccinated passengers and most under 18s arriving from non red-list countries can use a lateral flow test on or before day two of their arrival in England.
10/24/2021
It will refocus requirements and expectations away from the risks that firms face, to also consider and look to manage the potential harm firms can pose to consumers and markets.
10/22/2021
The permits will be issued immediately within one month and will have a duration of up to three years.
10/22/2021
That is changing, though, with several countries, including the UK, embracing reform in the hope of encouraging greater investment to enable innovative businesses to grow.
10/22/2021
The AP also announced that the four authorities will jointly invest in knowledge, expertise and skills and will explore if they can support each other, for example by tackling problems in the digital market together.
10/22/2021
Jurisdictions under Increased Monitoring - October 2021
The FATF does not call for the application of enhanced due diligence measures to be applied to these jurisdictions, but encourages its members and all jurisdictions to take into account the information presented below in their risk analysis.
10/22/2021
Cyprus to Revoke 45 Golden Visas Issued Illegally
Because of obvious irregularities revealed by the media and the subsequent criticism by Brussels, it was terminated in 2020.