Guernsey lawmakers are to discuss the possibility of introducing a value-added tax system, at a debate scheduled for September 2021, it has been announced.
Guernsey’s financial services regulator has signed a Memorandum of Understanding with the UK’s Financial Conduct Authority to ensure market access for Guernsey investment funds into the UK after Brexit.
The OECD has added to its guidance for financial institutions on ensuring that citizenship by investment and residency by investment schemes are not used to circumvent the new international tax information reporting standard, the Common Reporting Standard.
11 financial regulators have announced the creation of the Global Financial Innovation Network, a partnership intended to support businesses to engage in innovative financial technology projects in their territories.
Jersey’s financial services regulator, the Jersey Financial Services Commission, is consulting on a proposal to expand the island’s Investment Business regime to regulate advice given on transfers out of defined benefit pension schemes.
The Malta Financial Services Authority has released figures showing continued growth in the island’s financial services sector during 2017, particularly in the areas of insurance business, investment services, investment funds, and trusts.
The Securities Commission of the Bahamas has published three new policies on its website clarifying its position on various aspects of securities laws and the Financial and Corporate Service Providers Act.