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Big government staged a comeback as the social contract between society and the state got rewritten on the fly. In health and safety and risk management we focus on identifying hazards that could potentially cause harm, and we assess the risk of that harm occurring (identifying the likelihood of an event and the degree of…

The Hong Kong police cited money laundering as the reason for requesting the accounts be frozen With a judicial inquiry looming and the EU looking to blacklist the territory, the BVI is debating where its future lies Any entity with an incomplete ESD filing on the portal should complete the filing prior to the update.…

A foreign registered company and/or ordinary non-resident company doing business within the Cayman Islands will need to be licensed under the LCCL and the TBL The ISPs are designed to be tailored to meet the needs of employer and employee, enabling a payout to employees when their employment ends Vistra provides solutions ranging from company…

Nichols, who has conducted research and written extensively on the challenges unique to business-owning families, will discuss the ownership challenges of shared family wealth in her presentation “Understanding High Net Worth Clients.” The forum will be launched this fall with a private event for client families in Chicago, Illinois. A group called FORE – Family…

The OVDP was initiated in 2009 and was designed to bring taxpayers with undisclosed foreign income, accounts and assets into US tax compliance. The company subsequently ran afoul of Gibraltar financial authorities and has now settled. At the Malta Individual Investor Programme Agency, we believe success stems from a combination of proactiveness, timeliness and determination.…

The former figure is also well below the 9.6 per cent minimum set by the Central Bank. It is also the world’s leading jurisdiction for aircraft finance and leasing. The European Commission confirmed that it was satisfied with the JFSC’s information confidentiality provisions in relation to auditors in its recently published legislation, referred to as…

Though the new agency will be established on Jan. 1 under the leadership of the current Collector of Customs Charles Clifford These investigations take significant time for our AML, legal and management teams but we believe are worthwhile and we will continue to use this tool where needed. The term regulatory sandbox typically describes a…

Sewing’s remarks followed the two-day raid as part of an investigation linked to the so-called Panama Papers leak of documents about offshore finance. In addition, the global share of gross estimated potential loss assumed by Bermuda insurers on major catastrophe perils (combined) increased by about 2.0 percent. Under the current regime, a notional interest is…

He joins from west London firm Owen White Catlin If any family offices are still unsure about their exempt status, they need to act soon: Nonexempt family offices have until March 30 to either register with the SEC or restructure to conform with exemption requirements. The London-based advisory group said structures that allow family investors…