A study on Money laundering and tax evasion risks in free ports provides an insight into the money laundering, tax evasion and tax avoidance risks connected with free zones, particularly those that function as (semi-) permanent storage for high-value goods, often referred to as ‘free ports’. Conducted at the request of the European Parliament’s Special […]

The following news update is about a regulatory action in Guernsey. On the 12th April 2018, the GFSC published a General, Public Statements and its regulatory action (including a fine) against the Richmond Fiduciary Group Limited Although this is Guernsey, there are lessons to be learnt for Jersey firms.  Also, please remember the JFSC to […]