By demonstrating our commitment to global standards, we are working to maintain The Bahamas’ competitive edge as a global leader in the financial services industry and ensure that the country’s second economic pillar remains vibrant over the m
From 2019, India will receive on automatic basis, information in respect of financial accounts held by Indian residents in Switzerland.
As the uplift in business flow from the US is expected to increase in the future, Jersey is well-placed to play a vital role for US investors as a gateway to Europe - working with this market could bring clear benefits for all.
It is a condition of listing that an issuer executes a listing undertaking to comply with the Listing Rules and, in particular, with all relevant continuing obligations.
As a result of this engagement, the Economic Substance (Companies and Limited Partnerships) Act, 2018 (the Act), has been enacted, coming into force on 1 January 2019.
“The decision will allow to more effectively prevent and counteract the legalization (laundering) of incomes obtained in a criminal way and financing of terrorism and proliferation of weapons of mass destruction”, – noted in the Ministry
Offshore business has grown swiftly since the 1960s. Today, international financial centres are a critical part of the global economy, providing a space for new industries to thrive
The Central Bank, in its own statement, said the NSDP launch had resulted from collaboration between the Government’s key agencies, and would allow the public to “obtain key reports and data on the economy from one location”.