Bermuda remains fully committed to the process of qualifying under rules set out by the European Union for third-country rights for Island-based alternative fund managers. The European Securities Market Authority (ESMA) last week cleared the way for Guernsey, Jersey and
The EU Commission has confirmed its continued endorsement of Guernsey as a cooperative jurisdiction following a meeting between officials in Brussels. This news was welcomed in Guernsey, which has a strong record in meeting international standards as a cooperative and
Cayman Finance has welcomed the European Securities and Markets Authority’s (ESMA) decision to move forward with assessments and recommendations in regards to the extension of the AIFMD Passport to non-EU AIFMs and AIFs. “We are happy to see this formal
A recommendation by the European Securities and Markets Authority (ESMA) to grant Guernsey a ‘third country’ passport under the Alternative Investment Fund Managers Directive (AIFMD) has been welcomed by Guernsey’s funds sector. In announcing its findings from the ‘Call for
Guernsey Finance’s Dominic Wheatley (pictured) explains how the island is working with the BVCA for the future success of British private equity and venture capital. At the end of last year, Guernsey Finance was delighted to attend the inaugural meeting
Prestige Capital Management Limited (PCM) has been granted an AIFMD (Alternative Investment Fund Managers Directive) licence by the Maltese regulator, the Maltese Financial Services Authority (MFSA). PCM operates a Maltese-authorised SICAV. The AIFM licence will allow this business to grow
Euroclear Bank, the Brussels-based international central securities depository (ICSD), and China Construction Bank (CCB) have signed a Memorandum of Understanding (MoU) to further develop the offshore Renminbi (RMB) capital market. CCB Chairman Wang Hongzhang, Euroclear group Chairman Marc Antoine Autheman,
The recent event at Malta House on 11 June 2015, hosted by the Malta Business Network proved to be a great networking opportunity for its attendees. Not to mention the chance to speak up close and personal to Professor Joseph
Alter Domus, a provider of fund and corporate services for alternative investment funds and multinational corporations, has been authorised by the Malta Financial Services Authority (MFSA) to act as a depositary. Alter Domus has been issued with a Category 4b
Tim Thornton, Chief Data Officer, Mitsubishi UFJ Fund Services comments on the upcoming deadline for registration on the Cayman FATCA portal… The upcoming 30 April deadline for registration on the Cayman FATCA portal is another milestone in the implementation of
