Bermuda’s financial services regulator, the Bermuda Monetary Authority, has highlighted the investment risks associated with new technologies such as cryptocurrencies in a recent media release.
Guernsey has released a report into proposed pension system reform, which if implemented would see working age residents in Guernsey and Alderney automatically enrolled into a private pension scheme.
At a seminar to mark its 70th anniversary, the UN Economic Commission for Latin America and the Caribbean highlighted the importance of territories in the region to wholeheartedly adopting evolving tax transparency standards, given the reputational impact on their economies if they are found to be non-compliant.
Malta’s Minister of Finance, Edward Scicluna, has welcomed the OECD’s 2017 International Tax Co-operation Report, saying it shows the island is amongst the world’s most tax compliant countries.
Dorey Financial Modelling, a Guernsey-based actuarial technology firm, has developed an offering to help international asset managers provide calculations required under a new EU regulation.