News Stories Tagged 'offshore'
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Jersey Says New Research Paper Debunks Myths Surrounding IFCs
by Amanda Banks, Lowtax.net, London
14 June, 2018
Jersey's business promotion agency, Jersey Finance, has published a new discussion paper prepared by a leading UK think-tank, which argues that international financial centers (IFCs) play a vital, positive role in the global economy.
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Cayman Considering Legal Challenge To UK Beneficial Ownership Law
by Mary Swire, Lowtax.net, Hong Kong
14 June, 2018
Cayman Premier Alden McLaughlin met with lawyers in London on Monday to discuss the territory's constitutional relationship with the UK in light of UK legislation forcing the territory to set up a publicly accessible register on the beneficial ownership of legal entities.
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British OTs Must Introduce Public Beneficial Ownership Registers
by Mike Godfrey, Lowtax.net, Washington
04 June, 2018
The UK's 14 Overseas Territories must bring in publicly accessible registers concerning the beneficial ownership of legal entities or face having them imposed by the UK, following Royal Assent to the UK Sanctions and Anti-Money Laundering Act 2018 on May 23, 2018.
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BVI Planning Challenge To UK's Beneficial Ownership Law
by Mike Godfrey, Lowtax.net, Washington
04 June, 2018
The Premier of the British Virgin Islands, Orlando Smith, says his Government has appointed legal counsel to advise on a potential challenge to the UK's move to force its Overseas Territories to set up publicly accessible registers containing information on the beneficial ownership of legal entities.
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DIFC To Update Corporate, Beneficial Ownership Laws
by Lorys Charalambous, Lowtax.net, Cyprus
04 June, 2018
The Dubai International Financial Centre, the low-tax financial hub, is proposing reforms to the regulation of companies, including imposing new beneficial ownership disclosure requirements.
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Hong Kong To Offer Open-Ended Fund Company Form
by Mary Swire, Lowtax.net, Hong Kong
23 May, 2018
Hong Kong's Government has published three bills to establish a new open-ended fund company regime.
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Guernsey Sets Out Stance On Public Company Ownership Registers
by Jason Gorringe, Lowtax.net, London
22 May, 2018
Guernsey's Chief Minister, Gavin St Pier, has told the island's parliament that Guernsey will make beneficial ownership information publicly accessible if it becomes an internationally adopted standard.
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UK Overseas Territories Hope To Derail Beneficial Ownership Plans
by Jason Gorringe, Lowtax.net, London
03 May, 2018
The British Overseas Territories have condemned a UK Government proposal to compel the jurisdictions to publicly disclose the beneficial ownership of legal entities established in their territories.
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China To Open Up Financial Services To Foreign Firms
by Mary Swire, Lowtax.net, Hong Kong
13 April, 2018
The People's Bank of China has committed to putting forward measures to significantly open China's financial services industry to foreign competition, following an announced commitment to do so from President Xi Jinping.
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Cayman Said To Be Offshore's Leading Finance Center
by Mike Godfrey, Lowtax.net, Washington
06 April, 2018
The Cayman Islands is the top offshore financial center, according to the latest Global Financial Centres Index, published biannually by the City of London think tank Z/Yen.
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