CBDT clarifies Principal Purpose Test under the Mauritius-India tax treaty
Corporate social responsibility
21 September 2022
Impact investing represents a major revolution in finance, by providing capital to address the world’s pressing challenges while generating financial returns. This article examines its growth and provides the best ways for asset managers to measure the impact of their investments.
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Apex Group Ltd. (“Apex Group” or “the Group”), a global financial services provider, announces today that it has been appointed by GSR Capital Limited (“GSR Capital”) to provide fund administration services.
20 September 2022
Apex Group Ltd. announces today the expansion of its ESG offering with the launch of a new Impact Positive Solution
19 September 2022
As wealthy individuals and families seek to maintain their wealth, an increasing number of them are looking to take advantage of the benefits offered by family office outsourcing. Those who choose not to enlist the help of family office advisory services face the very real prospect of unrealised potential.
16 September 2022
Luxembourg’s Commission de Surveillance du Secteur Financier (“CSSF”) has issued a communication to the investment fund industry on regulatory requirements in relation to Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (“SFDR”) and upcoming entry into force of SFDR Level 2 provisions (“SFDR RTS”) including a reminder of the January 1, 2023, deadline for specific updates for UCITS and AIFs.
15 September 2022
Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces its appointment by agri fund manager Laguna Bay, for the provision of fund administration services.
As businesses seek to maintain their growth, an increasing number of them are looking to take advantage of the benefits offered by fund administration outsourcing companies. With so many firms going this route, those who choose not to do so will likely find themselves falling further and further behind their competition.
The European Banking authority (“EBA”) has issued guidelines specifying the role, tasks and responsibilities of the Anti-Money Laundering/Countering the Financing of Terrorism (“AML/CFT”) compliance officer, the management body and senior manager in charge of AML/CFT compliance as well as internal policies, controls and procedures.
14 September 2022
Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, announces today its expansion in the Nordics region, with the launch new services delivered from its office in Sweden.
The Monetary Authority of Singapore ("MAS”) has released a circular setting out key observations and expectations for effective anti-money laundering (“AML”) and countering the financing of terrorism (“CTF”) frameworks and controls following an industry-wide survey of Variable Capital Companies (“VCCs”) and a series of thematic engagements of eligible financial institutions (“EFIs”) to assess the effectiveness of their AML/CFT risk management and controls.
We have compiled a list of the latest compliance and regulatory updates that were announced or took effect that affected Bermuda in August 2022.
12 September 2022
Apex Group Ltd. (“Apex Group” or the “Group”), a global financial services provider, announces today the acquisition of Implemented Investment Holdings Limited, the parent company of Implemented Investment Solutions (“IIS”) and InvestNow.
