CBDT clarifies Principal Purpose Test under the Mauritius-India tax treaty
Corporate social responsibility
04 February 2022
The Monetary Authority of Singapore (MAS) released five white papers detailing assessment methodologies for financial institutions.
Read More
03 February 2022
Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, today announces that it has appointed Keith Mahon as Managing Director, Bermuda.
Many of the world’s most successful businesses have one thing in common – they all have a global presence. Expanding internationally presents huge opportunities to grow and access new sources of revenue, but it can also come with a plethora of challenges.
02 February 2022
Hosted by Apex Group and Global Custodian
01 February 2022
FundRock Management Company, a leading European third-party UCITS Management Company (“ManCo”) and Alternative Investment Fund Manager (“AIFM”), today announces that it has supported the launch of NRP Maritime Asset Management’s (“NRP MAM”) Premium Maritime Credit Fund (“the Fund”).
31 January 2022
Follows announcement of three-year sustainability partnership with Cricket West Indies
We’ve compiled a list of compliance and regulatory updates for Bermuda that were announced or took effect in January 2022.
27 January 2022
Further to the UK’s view of consumer harm in the market and the release of a 3-year strategy to address such risks, the FCA released a consultation paper on strengthening the financial promotions rules for high-risk investments, including crypto-assets.
The Monetary Authority of Singapore (MAS) issued guidelines giving effect to MAS’ expectations that Digital Payment Token (DPT or more commonly known as cryptocurrency) service providers should not promote their DPT services to the general public in Singapore. Digital Payment Token (DPT) service providers include payment institutions, banks and other financial institutions, as well as applicants under the Payment Services Act (PS Act).
Plans to strengthen the rules on crypto asset advertisements and protect consumers from misleading claims have been announced.
The assessment of suitability is one of the most important requirements for investor protection in the MiFID II framework.
26 January 2022
The UK FCA is consulting on its Appointed Representative (AR) regime which was created to allow self-employed representatives to engage in regulated activities without having to be authorised.
