KOGER Inc has enhanced its anti-tax evasion software KURE with capability for automated tax reporting. KURE is designed to streamline tax certification, validation and filing for compliance with anti-tax evasion regulations, the US Foreign Account Tax and Compliance Act (FATCA)
“I would say every day I get two or three inquiries on some crypto or blockchain-related project. There is a lot of interest in all things crypto here in the BVI,” observes Michael Killourhy, Partner at Ogier (BVI). Such is
Kevin Scott Antonovich, a resident of Cherry Grove, New York, is to pay USD554,375 in restitution and a civil monetary penalty for violations of the Commodity Exchange Act and CFTC Regulations. A court order issued by the US District Court
Carne has published a handbook on how the European Savings Directive will impact the funds industry and in particular hedge funds and hedge fund of funds. “Many Hed
The British Virgin Islands Financial Services Commission (FSC) has issued guidance on the form and content of the audited financial statements to be prepared and filed by certain regulated companies. Private and Professional Funds Private and Professional funds recognised under
The FSA has published a further consultation paper on its proposals for the new soft dollar and bundled brokerage regime for UK authorised fund managers. The draft
The Dodd-Frank Wall Street Reform and Consumer Protection Act will significantly change the regulatory regime governing investment advisers, particularly investment advisers to private funds, such as hedge funds and private equity funds, a report by law firm Pillsbury says. The
A new High Court judgement has paved the way for alternative asset management group FM Capital Partners (FMCP) to recover all the assets and property misappropriated by its former CEO. This follows an earlier judgment from July 2018, in which
Staff changes at its Guernsey office is not a precursor to the transfer of fund administration operations outside the island, according to alternative fund service provider Butterfield Fulcrum Group. The jobs of six staff at the firm’s Guernsey office have
The Australian Securities and Investments Commission has released a report outlining its key findings from a review of selected product disclosure statements for capital protected products and other structured or derivative products marketed to retail investors. The report is the
