News - Page: 2
Read our latest articles, thought leadership, press releases, updates and announcements.
The information within these articles contains opinions and / or pieces of thought leadership.
They do not purport to be comprehensive or to render legal advice.
10 May 2018
Further to our previous updates, the Cayman Islands Department for International Tax Cooperation (the "DITC") issued an advisory dated 4 May 2018 announcing that the Country-by-Country Reporting Portal is now available for Multinational Enterprise Groups to conduct their notification obligations to the DITC under the CbCR Regulations.
25 Apr 2018
Maples and Calder have carried out our latest key trends analysis of the Irish Funds market. We conduct statistical analysis on each of the funds and sub-funds we establish for our clients, with a view to extracting insights into market practice and identifying key trends.
20 Apr 2018
Maples and Calder's latest edition of our Funds Update - Ireland, a quarterly summary of Irish legal & regulatory, tax and listing developments in recent months.
18 Apr 2018
On 6 April 2018, CIMA released a notice (the "Notice") in which it addressed three points raised by Cayman Finance in relation to unclear provisions of Guidance Notes on the Prevention and Detection of Money Laundering and Terrorist Financing in the Cayman Islands: (i) the designation / appointment of natural persons as MLROs, DMLROs and AMLCOs for investment funds; (ii) the need to carry out a gap analysis where AML functions have been delegated to a service provider outside the Cayman Islands and where relying on Eligible Introduction Letters; and (iii) whether subscription payments by an investor from a Cayman Islands bank, or equivalent jurisdiction bank, negated the need for full AML verification.
In response to the Notice, a Cayman Finance working group, including a Maples and Calder representative, met with CIMA on 11 April 2018 for the purpose of discussing the practical implementation – both of the three points raised in the Notice and a number of other issues.
17 Apr 2018
Stephen Carty and Deirdre Hennelly of Maples and Calder's Investment Funds group consider the implications of MiFID II for investment funds, primarily from a governance perspective.