In a statement the EU explained that Bermuda and Barbados have both committed to meeting EU concerns and are now part of a "grey list" of jurisdictions being monitored by the EU, according to a report from Reuters.
Some £35 billion from Guernsey investment funds is invested into UK assets, most into long-term tangible assets, including schools, hospitals, airports and roads, and businesses of all sectors and scale – and the majority of that money comes f
The document outlines how each island’s economic substance legislation, which has been in effect since 1 January 2019, will be applied to businesses which fall within scope of the legislation.
On March 12, the European Union updated its so called blacklist on March 12, and Bermuda one again found itself on the list.
Retirement of the previous distinction between ‘financial services businesses’ (such as banks) and ‘prescribed businesses’ (such as lawyers, accountants and insolvency practitioners). The Handbook applies to both under the term &am
The chief executive of ICSA, Simon Osborne, said Jersey’s standards of governance were high, but that he was concerned that UK politicians and journalists were not taking enough notice of the work being done here, and the value Jersey provides to th
To underscore the premier’s point on the timeline for public registers, we suggest that before the UK attempts to mandate a beneficial ownership regime in Cayman and the other overseas territories, it should get its own ‘house’ in order