Unravelling
Complexity

Insights

Unravelling Complexity

7 Results

Anguilla FSC enters into MoU with National Association of Insurance Commissioners in the US

Anguilla FSC enters into MoU with National Association of Insurance Commissioners in the US

The Anguilla Financial Services Commission (FSC) has entered into a Memorandum of Understanding (MoU) with the National Association of Insurance Commissioners (NAIC) which provides the basis on which the FSC and the NAIC will provide mutual assistance and exchange of information for the purpose of performing insurance regulatory functions.
Creation of INSTEX to facilitate legitimate trade between the EU and Iran
Regulatory and Tax

Creation of INSTEX to facilitate legitimate trade between the EU and Iran

On 31 January 2019, France, Germany and the United Kingdom, following the commitment to preserve the Joint Comprehensive Plan of Action which was endorsed through resolution 2231 (United Nations), announced the creation of the Instrument for Supporting Trade Exchanges, a special purpose vehicle designed with the intention of facilitating legitimate trade between the European Union and the Islamic Republic of Iran.
Chemical Weapons Sanctions for Overseas Territories Order 2018
Regulatory and Tax

Chemical Weapons Sanctions for Overseas Territories Order 2018

The Chemical Weapons (Sanctions) (Overseas Territories) Order 2018 (the OT Order) was made on 12 December 2018 and came into force on 9 January 2019. The OT Order is directly relevant to and applies in Anguilla, the British Virgin Islands and the Cayman Islands.
New sanctions reporting obligations in Anguilla, Bermuda, BVI and Cayman
Regulatory and Tax

New sanctions reporting obligations in Anguilla, Bermuda, BVI and Cayman

On 7 November 2018, the Sanctions (Overseas Territories) (Amendment of Information Provisions) Order 2018 (the AIP Order) came into force. The AIP Order brings the rump of UK Overseas Territories into line with the equivalent regime under UK domestic legislation: financial institutions and professionals must now disclose any knowledge and suspicion of sanctions breaches and asset freezing measures imposed or face criminal penalty.
Anguilla snapshot: options and advantages

Anguilla snapshot: options and advantages

Anguillan law is a unique blend of throwback 1980s and forward thinking structures – Anguilla LLCs have been around since 2000 and have found a niche market in the North American private equity field.
Three key facts about International Financial Centres
Corporate

Three key facts about International Financial Centres

International Finance Centres feature in virtually all cross-border transactions. They encourage tax neutrality and help facilitate access to finance in developing and recovering countries.