03/13/2019
“The expectation is that, given the high professional standards and commitment to good corporate governance that already exists in Jersey, most companies will readily be able to demonstrate that they meet the new substance requirements.”
03/13/2019
The Committee called on the Bank to “practice what it preaches” and demanded it provide a coherent vision of how it will overhaul its operations by June.
03/13/2019
Macau has managed to stay off a tax haven list established by the European Union by complying with OECD standards
03/13/2019
UBS was ordered to pay 4.5 billion euros ($5.1 billion) in fines and damages.
03/13/2019
Those on the blacklist are allowing widespread tax evasion by corporations and individuals and did not meet EU deadlines for reform.
03/13/2019
Here, David Price, Depositary Services Manager at Estera Depositary (UK) Limited, explains what depositaries need to know in order to prepare.
03/13/2019
ECOFIN's decision also follows a further commitment made by Guernsey in December 2018 to work with the EU on sharing beneficial ownership information, such as through an integrated platform.
03/13/2019
Charities have found their resources stretched more thinly as they try to comply.
03/13/2019
The Treasury’s approach to the onshoring of EU legislation into UK law means that UK and EU trading venues will operate to the same set of standards on day 1 after the UK leaves the European Union.
03/13/2019
Unfortunately, there is no magic solution as the law in the UK has yet to catch up with the latest technological advances, especially in the world of cryptocurrencies.
03/13/2019
The FCA therefore found that The Carphone Warehouse breached Principle 3, Principle 6 and Principle 9 of the FCA’s Principles for Businesses between 1 December 2008 and 30 June 2015.
03/13/2019
The list, which is part of the EU's external strategy for taxation as defined by the Council, is intended to contribute to ongoing efforts to prevent tax avoidance and promote tax good governance worldwide.
03/13/2019
Jersey Finance CEO, Joe Moynihan, says: “This MoU is a precautionary measure and should give managers using Jersey for their fund structuring added confidence."
03/13/2019
GFSC Director-General William Mason signed the agreement with Andrew Bailey, CEO of the Financial Conduct Authority.
03/12/2019
Backbenchers tackling Jersey, Guernsey and Isle of Man on grounds of national security
03/12/2019
Reuters reported that Britain had at first pushed other EU states not to include Bermuda on the list of jurisdictions said to be not co-operative on tax matters.
03/12/2019
The asset manager estimated the Brexit vote had boosted asset values by about £125bn, while liabilities increased by about £160bn – which resulted in a deficit of £35bn.
03/12/2019
Brexit is a process not an event.
03/12/2019
The world of finance is no exception; banks, too, face a binary future – one, they adapt; zero, they perish.
03/12/2019
Most of the Member States across the EU have registered an increase in the number of high earners and only a few of them have witnessed a high slight decrease.