Search Results for: Insurance Authority
The Common Reporting Standard: Automatic Information Exchange Goes Global
October 16th, 2015
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, and, from 2017, will go global with the recently-agreed Common ...
KYC: ‘Increased Guidance’ From Regulators Will Help Treasury
October 14th, 2015
During the opening session of the compliance forum at Sibos 2015, regulators discussed the intense scrutiny being placed on banks to crack down on money laundering and terrorist financing. That scrutiny has been passed along to banks’ corporate clients, ...
RAK, UAE, and traditional tax havens
September 25th, 2015
What is the difference between the United Arab Emirates (UAE) and other popular tax havens? Why more and more international traders and investors find the UAE to be one of the best places to incorporate offshore companies for various ...
FCA makes final appointment to ExCo with Georgina Philippou as Chief Operating Officer
September 23rd, 2015
The Financial Conduct Authority’s Acting Chief Executive Tracey McDermott today announced the final appointment to the FCA’s Executive Committee with Georgina Philippou becoming the new Chief Operating Officer. Georgina Philippou has been acting Director for Enforcement and Market Oversight ...
Global Demands on Financial Services Auditing Expand
September 17th, 2015
New report examines potential pitfalls, prospects, solutions to managing growth Demands on internal audit are growing faster than ever as management, regulators, and stakeholders increasingly turn to the profession for assurance and advice on a rapidly growing array of ...
DIFC reports impressive growth in first half of 2015
September 9th, 2015
Total number of registered companies up 8.3% to 1,327 140 new licensed companies and a combined workforce of 18,521 178,376 sq. ft. of net commercial office space leased in 2015 Ground-breaking of 11th office building in The Gate District ...
Finance Sector in the Dark Over Data Protection Changes
July 28th, 2015
With a quarter of businesses in finance and accountancy sector totally unaware of the EU General Data Protection Regulation we interviewed John Culkin, Director of Information Management, Crown Records Management to find out about the regulation and what financial ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Market get a boost: Etisalat 40 percent is open to investment by individual UAE citizens
June 25th, 2015
News that restrictions on investment in United Arab Emirates telecommunications operator Etisalat will be loosened may boost Abu Dhabi’s market on Tuesday, while other bourses may have a modestly positive tone. At present, the government’s Emirates Investment Authority (EIA) ...
The Next Great European Financial Crisis Has Begun
June 18th, 2015
The Greek financial system is in the process of totally imploding, and the rest of Europe will soon follow. Neither the Greeks nor the Germans are willing to give in, and that means that there is very little chance ...
