Regulatory & Tax:
- Financial services regulatory advisory
- Sanctions and restrictive measures
- Anti money laundering (AML) and terrorist financing compliance
- Tax information exchange
- Regulation of trusts and trust companies
- Compliance services
- Economic substance in the BVI
- Economic substance in the Cayman Islands
We advise clients across all jurisdictions in which we operate in relation to all aspects of AML compliance and terrorist financing regimes as implemented locally, including advice on contentious and non-contentious matters. We assist on the law of suspicious transactions reporting, requirements for introduced business and every aspect of the KYC process.
Our economic sanction practice advises on all aspects of sanctions law in the BVI, Cayman Islands, Luxembourg and Cyprus. We are experienced in the provision of bespoke products to assist clients with applications to government agencies and authorities. We work regularly and positively in this area with the UK Foreign & Commonwealth Office, HM Treasury, European External Action Service and United Nations.
We have significant experience advising on FATCA and automatic exchange of tax information regimes. Together with our professional colleagues from Harneys Fiduciary, we help clients understand and meet their obligations under the law.