Monday 26th August 2019
Twitter Facebook Twitter LinkedIn RSS

Comsure operates in:the UK, Jersey, Guernsey

News

Pages: « 1 2 540 541 »

How are you affected by the AEol, OECD/EU MDR and the UBO Registers?

Since the Automatic Exchange of Information (AEol, CRS) was introduced globally, the OECD and the EU have been working towards closing any loopholes. Already in March 2018, the OECD accepted the “Mandatory Disclosure Rules for CRS Avoidance Arrangements and Opaque Offshore Structures” (OECD MDR). A few months later, the EU enacted a directive regarding the […]

Read More

Mauritius – THE FINANCE ACT & THE BUSINESS FACILITATION ACT 2019

Axis Fiduciary Ltd in collaboration with BLC Robert & Associates has addressed some of the critical features of the legislative amendments following the National Budget 2019/2020 delivered by the Honourable Prime Minister and Minister of Finance Pravind K. Jugnauth before the Mauritian National Assembly on 16 June 2019. The amendments have been passed in The […]

Read More

FAQ CSSF – Swing Pricing Mechanism

Luxembourg CSSF published FAQ concerning swing pricing mechanism On 30 July 2019, the Commission de Surveillance du Secteur Financier (CSSF) published a FAQ on the topic of the swing pricing mechanism. The principles outlined below apply to all regulated funds in Luxembourg (UCITS, UCI part II, SIF) which implement the swing pricing mechanism (hereafter “UCI”). […]

Read More

Court to confiscate drug offender’s money after tax evasion confession

The Jersey Court to confiscate drug offender’s money after-tax evasion confession [08 August 2019] A 57year-old convicted drug offender could see up of £33,804 of savings seized by Jersey authorities, despite successfully arguing that the money was not the proceeds of criminal activities – but admitting tax evasion in the process. Ian Joseph Ellis was […]

Read More

Beneficial Registries Aren’t the Best Solution to Win the Asset-Seizing Race

Activists and politicians tout beneficial registries as a solution to the perceived abuse of anonymous company ownership. Stephen Baker and Charlie Sorensen of Baker & Partners contend that kleptocratic dictators and sophisticated fraudsters won’t be impeded by such registries. The authors explain how existing civil laws have proven effective in seizing ill-gotten gains. Recent high-profile […]

Read More

GFSC issue a Public Statements AND £13K fine [9th August 2019] against Mr Bruce David McNaught

On 8th June 2018, the Guernsey Financial Services Commission (“the Commission”) decided: to impose a financial penalty of £13,000 under section 11D of the Financial Services Commission Law on Mr McNaught; to make orders under section 17A of the Fiduciaries Law, section 18A of the IMII Law, section 28A of the Insurance Business Law, section […]

Read More

Court to confiscate drug offender’s money after tax evasion confession

The Jersey courts consider legitimate tax avoidance and illegitimate tax evasion when seizing assets Introduction 1.The Jersey Court to confiscate drug offender’s money after-tax evasion confession [08 August 2019]. A 57year-old convicted drug offender could see up of £33,804 of savings seized by Jersey authorities, despite successfully arguing that the money was not the proceeds […]

Read More

AIC Code which covers UK, Guernsey and Jersey member companies.

Revised AIC Code of Corporate Governance for certain Guernsey and Jersey companies Principal changes in the revised AIC Code of Corporate Governance are relevant for boards of directors of certain Guernsey and Jersey companies A New Environment 1. There is now just one AIC Code which covers UK, Guernsey and Jersey member companies. 2. Principal […]

Read More
Pages: « 1 2 540 541 »
WP Facebook Auto Publish Powered By : XYZScripts.com