⚡️🇨🇭#Швейцария Швейцарская Служба по надзору за финансовыми рынками (FINMA) объявила о новых поправках, направленных на противодействие отмыванию денег. Теперь при осуществлении криптовалютных транзакций на бирже на сумму от ‼️тысячи франков (около $1024 💵) необходимо будет проходить идентификацию https://www.finma.ch/en/news/2020/02/20200207-mm-finiv/
Eidgenössische Finanzmarktaufsicht FINMA
FinSA/FinIA: follow-up regulation by FINMA
The new Financial Services Act (FinSA) and Financial Institutions Act (FinIA) oblige the Swiss Financial Market Supervisory Authority FINMA to pass a number of implementing provisions, which are mainly technical in nature. FINMA is therefore presenting a…
⚡️🇧🇸 #Багамы рассматривают возможность введение корпоративного налога со ставкой 3-5% http://www.tribune242.com/news/2020/feb/07/slow-painful-death-without-corporate-tax/
Tribune242
'Slow, painful death' without corporate tax
A Bahamian financial services provider yesterday renewed calls for this nation to adopt a low-rate corporate income tax as the platform to prevent the industry “dying a slow, painful death”. Paul Moss, Dominion Management Services president, warned
🇲🇹 #Мальта сотрудника налогового ведомства перевели из департамента по расследованиям в другое подразделение после нахождения офшорной компании его жены в «панамском досье» https://www.maltatoday.com.mt/news/national/99999/transfer_for_tcu_investigator_whose_spouse_had_secret_bvi_company
MaltaToday.com.mt
Transfer for TCU investigator whose spouse had secret BVI company
The Tax Compliance Unit was forced to transfer one of its employees out of its investigations department, after the Panama Papers revealed the employee’s spouse was the shareholder in a British Virgin Islands-registered company
🇻🇬 #BVI международному налоговому управлению не хватает людей ✅ В год приходит более 600 запросов от государств-партнеров по налоговому обмену 🌐 штат управления составляет 23 человека https://www.internationalinvestment.net/news/4010133/bvi-tax-authority-understaffed-recruitment-failure
InternationalInvestment
BVI's tax authority understaffed after recruitment failure
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
🇨🇾 #Кипр гражданство за инвестиции отмечено как преимущество возвращения страны к устойчивому финансовому положению https://www.financialmirror.com/2020/01/18/cyprus-raises-e1-75-bln-to-pay-off-debts/
Financial Mirror
Cyprus raises €1.75 bln to pay off debts - Financial Mirror
Cyprus has paid off early an International Monetary Fund loan that was part of a €10 bln rescue package in 2013 from lenders to save the island’s banking system, with analysts praising the government for a fiscally sound bond issue. Finance Minister Constantinos…
🇧🇪 #Бельгия принца уличили в пособничестве офшорному налоговому уклонению https://www.brusselstimes.com/belgium/94052/belgian-prince-hit-by-new-probe-into-alleged-tax-evasion-network-henri-de-croy-tax-havens/
The Brussels Times
Belgian prince investigated in alleged global tax evasion network prob
An investigation has been opened targetting Belgian Prince Henri De Croÿ's alleged tax evasion network, which he is accused of using to help funnel millions in funds into tax havens. Finance Mini
Forwarded from EvropaKipr
Подача налоговой декларации станет обязательной для всех. Налоговые проверки могут проводиться без предупреждения. Неуплата налогов будет считаться уголовным преступлением. https://evropakipr.com/biznes/novyy-paket-zakonoproektov-pokonchit-s-otmyvaniem-deneg-i-neuplatoy-nalogov-na-kipre
Европа Кипр
Новый пакет законопроектов покончит с отмыванием денег и неуплатой налогов на Кипре?!
Финансовый комитет парламента будет обсуждать его две недели
🇨🇾 #Кипр министр финансов Константин Петридес (бывший министр внутренних дел) заявил, что правила программы гражданства за инвестиции снова должны быть пересмотрены https://in-cyprus.com/fin-min-prepares-response-to-offset-impact-from-court-ruling-on-crisis-wage-cuts/
Philenews
Fin Min prepares response to offset impact from Court ruling on crisis wage cuts
The Finance Ministry is preparing measures should the Court of Appeals uphold the Administrative Court's ruling that the public sector wage and pensions cuts during the 2013 financial crisis violated the Constitution and should be reinstated, Finance Minister…
⚡️🇨🇾 #Кипр Программа гражданство за инвестиции «заморожена» ‼️ После 31 января 2020 года правительство не может принимать решения о предоставлении гражданства пока не представит в парламент новые правила выдачи паспортов.
🔴 Пока правительство таких планов не представило и некоторые парламентарии уже грозятся подать в суд, если оно выдаст кому-нибудь инвестиционный паспорт. https://cyprus-mail.com/2020/02/10/mps-say-cabinet-no-longer-has-final-say-over-awarding-citizenship/
🔴 Пока правительство таких планов не представило и некоторые парламентарии уже грозятся подать в суд, если оно выдаст кому-нибудь инвестиционный паспорт. https://cyprus-mail.com/2020/02/10/mps-say-cabinet-no-longer-has-final-say-over-awarding-citizenship/
🇨🇾 #Кипр МВД сделало скупое пространное заявление (⛔️интересно как оно за все правительство это делает), что совет министров «продолжит рассмотрение вопроса об одобрении любых заявок, поданных до 31 января 2020 года, как предусмотрено в соответствующем законодательстве, которое приняла Палата представителей».
‼️Хотя представители «Парламента» указали на необходимость принятия не правил по программе, а именно изменений в закон ⚠️
http://www.moi.gov.cy/moi/moi.nsf/All/66C967A9BEA070E6C225850B003433AF?OpenDocument
‼️Хотя представители «Парламента» указали на необходимость принятия не правил по программе, а именно изменений в закон ⚠️
http://www.moi.gov.cy/moi/moi.nsf/All/66C967A9BEA070E6C225850B003433AF?OpenDocument
🇰🇾 #Кайманы официальное заявление по закону «О взаимных фондах» и закону «О частных фондах» https://cayman.finance/2020/02/statement-on-mutual-funds-law-2020-revision-and-private-funds-law-2020
Cayman Finance
Cayman Finance Statement on Mutual Funds Law (2020 Revision) and Private Funds Law 2020 | Cayman Finance
We are pleased to have the world’s top clients and professional services firms doing business through the Cayman Islands and we wanted to update interested parties on important enhancements to the Cayman Islands Investment Funds Regime. The Cayman Islands…
⚡️🇨🇾 #Кипр #MONEYVAL Комитет экспертов Совета Европы по оценке мер борьбы с отмыванием денег в своём отчёте указал на риск отмывания программы Кипра гражданство за инвестиции Именно по причине «инвестирования» в Недвижимость 🏡 https://www.reuters.com/article/us-cyprus-citizenship-watchdog/cyprus-golden-passports-scheme-a-laundering-risk-says-watchdog-idUSKBN2052T2
Reuters
Cyprus 'golden passports' scheme a laundering risk, says watchdog
ATHENS (Reuters) - A European money laundering watchdog has cautioned that a secretive investment-for-passports program run by Cyprus was vulnerable to money laundering and fraught with risk.
🇲🇪 #Черногория завершила проверку для официального одобрения первого заявителя (из Египта 🇪🇬 ) по программе гражданство за инвестиции.
‼️Одобренных проектов по программе немного; инвесторы ожидают одобрения правительством новых объектов недвижимости для инвестирования.
🌐 Правительством выделено 2000 квот на получение гражданства по инвестиционной программе до конца 2021 года. Не смотря на то, что Черногория не входит в ЕС (но претендует в числе первых), инвесторов привлекает возможность сразу получить гражданство страны через инвестиции.
Условия программы: 100 000 евро взнос + инвестиции в утвержденные правительством проекты недвижимости от 250 000 евро на севере или 450 000 евро на юге.
‼️Одобренных проектов по программе немного; инвесторы ожидают одобрения правительством новых объектов недвижимости для инвестирования.
🌐 Правительством выделено 2000 квот на получение гражданства по инвестиционной программе до конца 2021 года. Не смотря на то, что Черногория не входит в ЕС (но претендует в числе первых), инвесторов привлекает возможность сразу получить гражданство страны через инвестиции.
Условия программы: 100 000 евро взнос + инвестиции в утвержденные правительством проекты недвижимости от 250 000 евро на севере или 450 000 евро на юге.
⚡️🇪🇺 #Еврокомиссия #AML направила 🇭🇺 Венгрии 🇪🇸 Испании 🇨🇾 Кипру 🇵🇹 Португалии 🇷🇴 Румынии, 🇸🇰 Словакии, 🇸🇮 Словении и 🇳🇱 Нидерландам ОФИЦИАЛЬНОЕ УВЕДОМЛЕНИЕ о непринятии мер по противодействию отмыванию денежных средств принятых в ЕС 2 года назад (включает большое количество аспектов, например, криптовалюты, офшорные компании - оболочки, и др.) ⚠️ Все это совпало с опубликованием в среду докладе МАНИВЭЛ https://cyprus-mail.com/2020/02/12/cyprus-portugal-rebuked-by-eu-over-delays-in-money-laundering-reforms
Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism
Cyprus should pursue money laundering from criminal proceeds generated outside of the country more aggressively
Latest news on Moneyval activities and reports
⚡️🇨🇾 #Кипр Проблемы Кипра AML от MONEYVAL ‼️ 269 страниц https://rm.coe.int/anti-money-laundering-and-counter-terrorist-financing-measures-cyprus-/16809c3c47
🇨🇾 #Кипр Основные выводы Доклада MONEYVAL
KEY FINDINGS
There are some elements in the Cypriot AML/CFT regime which are functioning adequately:
1 Cyprus understands the money laundering/terrorist financing risks that it faces to a large extent, albeit understanding of terrorist financing risk is less comprehensive. A number of measures have been deployed to mitigate some of the main risks effectively.
2 There is a good level of domestic co-operation and co-ordination between the competent authorities both on policy issues and at an operational level.
3 The banking sector has become more effective in mitigating risks. This is largely due to the increasingly sound supervisory practices of the Central Bank of Cyprus.
4 The financial intelligence unit has the ability to support the operational needs of competent authorities through its analysis and dissemination functions.
5 Cyprus has developed mechanisms which are capable of delivering constructive and timely assistance to other countries both on a formal and informal basis.
⛔️However, there are various major shortcomings which hinder the effectiveness of the Cypriot AML/CFT regime:
1 The competent authorities are not yet sufficiently pursuing money laundering from criminal proceeds generated outside of Cyprus, which pose the highest threat to the Cypriot financial system.
2 The competent authorities have not been very proactive at freezing and confiscating foreign criminal proceeds at their own initiative, although they have been instrumental in assisting other countries.
3 Cyprus has not conducted a formal assessment of risks posed by legal persons, despite having a developed company formation and administration business. This has reduced the authorities’ ability to implement more targeted mitigating measures to ensure the transparency of legal persons.
4 There are weaknesses in the implementation of preventive measures by the trust and corporate services sector as a whole. This has major implications for the availability of beneficial ownership information of legal persons/arrangements registered in Cyprus and the reporting of suspicions transaction reports.
5 While significant strides have been made by Cyprus to implement a comprehensive supervisory framework for trust and corporate services providers, further progress is required, with certain areas requiring major improvement.
6 The risk in the real estate sector has increased exponentially since it has become the preferred choice of investment vehicle to acquire citizenship under the Cyprus Investment Programme. These risks have not been properly been mitigated – the implementation of preventive measures by, and the supervisory framework of, the sector display significant weaknesses.
7 The risks related to the Cyprus Investment Programme have not been assessed comprehensively.
8 Administrative service providers did not demonstrate a uniform level of understanding of the risks of TFS evasion. Given Cyprus’s status as an international financial centre and the role played by administrative service providers as gatekeepers, the fact that some service providers may not always be in a position to identify individuals or entities who may seek to conceal their identity behind complex structures to evade sanctions constitutes a significant vulnerability. The application of a risk-based approach to the non-profit sector was still at a nascent stage at the time of the on-site visit.
⚠️Priority Actions
1 The competent authorities should be more aggressive in pursuing money laundering from criminal proceeds generated outside of Cyprus.
2 The competent authorities should be more proactive at freezing and confiscating foreign criminal proceeds at their own initiative.
3 Cyprus should conduct a formal and comprehensive assessment of risks posed by legal persons and arrangements.
4 Cyprus should ensure that ASPs take action to enhance their ML/TF risk understanding and apply preventive measures commensurate with the risks, including by providing more guidance, training and feedback.
KEY FINDINGS
There are some elements in the Cypriot AML/CFT regime which are functioning adequately:
1 Cyprus understands the money laundering/terrorist financing risks that it faces to a large extent, albeit understanding of terrorist financing risk is less comprehensive. A number of measures have been deployed to mitigate some of the main risks effectively.
2 There is a good level of domestic co-operation and co-ordination between the competent authorities both on policy issues and at an operational level.
3 The banking sector has become more effective in mitigating risks. This is largely due to the increasingly sound supervisory practices of the Central Bank of Cyprus.
4 The financial intelligence unit has the ability to support the operational needs of competent authorities through its analysis and dissemination functions.
5 Cyprus has developed mechanisms which are capable of delivering constructive and timely assistance to other countries both on a formal and informal basis.
⛔️However, there are various major shortcomings which hinder the effectiveness of the Cypriot AML/CFT regime:
1 The competent authorities are not yet sufficiently pursuing money laundering from criminal proceeds generated outside of Cyprus, which pose the highest threat to the Cypriot financial system.
2 The competent authorities have not been very proactive at freezing and confiscating foreign criminal proceeds at their own initiative, although they have been instrumental in assisting other countries.
3 Cyprus has not conducted a formal assessment of risks posed by legal persons, despite having a developed company formation and administration business. This has reduced the authorities’ ability to implement more targeted mitigating measures to ensure the transparency of legal persons.
4 There are weaknesses in the implementation of preventive measures by the trust and corporate services sector as a whole. This has major implications for the availability of beneficial ownership information of legal persons/arrangements registered in Cyprus and the reporting of suspicions transaction reports.
5 While significant strides have been made by Cyprus to implement a comprehensive supervisory framework for trust and corporate services providers, further progress is required, with certain areas requiring major improvement.
6 The risk in the real estate sector has increased exponentially since it has become the preferred choice of investment vehicle to acquire citizenship under the Cyprus Investment Programme. These risks have not been properly been mitigated – the implementation of preventive measures by, and the supervisory framework of, the sector display significant weaknesses.
7 The risks related to the Cyprus Investment Programme have not been assessed comprehensively.
8 Administrative service providers did not demonstrate a uniform level of understanding of the risks of TFS evasion. Given Cyprus’s status as an international financial centre and the role played by administrative service providers as gatekeepers, the fact that some service providers may not always be in a position to identify individuals or entities who may seek to conceal their identity behind complex structures to evade sanctions constitutes a significant vulnerability. The application of a risk-based approach to the non-profit sector was still at a nascent stage at the time of the on-site visit.
⚠️Priority Actions
1 The competent authorities should be more aggressive in pursuing money laundering from criminal proceeds generated outside of Cyprus.
2 The competent authorities should be more proactive at freezing and confiscating foreign criminal proceeds at their own initiative.
3 Cyprus should conduct a formal and comprehensive assessment of risks posed by legal persons and arrangements.
4 Cyprus should ensure that ASPs take action to enhance their ML/TF risk understanding and apply preventive measures commensurate with the risks, including by providing more guidance, training and feedback.
5 The CBA should strengthen its authorisation procedure. All ASP supervisors should continue developing the application of the risk-based approach to supervision. Effective and dissuasive sanctions should be imposed for breaches of AML/CFT requirements.
6 The supervision of the real estate sector should be significantly enhanced, and measures should be taken to increase the level of compliance with preventive measures by real estate agents.
7 Cyprus should conduct a comprehensive ML/TF risk assessment of the Cyprus Investment Programme.
8 Measures should be taken to increase ASP understanding of the risks of TFS evasion.
9 Cyprus should proceed with the implementation of a risk-based approach framework to the non-profit sector.
6 The supervision of the real estate sector should be significantly enhanced, and measures should be taken to increase the level of compliance with preventive measures by real estate agents.
7 Cyprus should conduct a comprehensive ML/TF risk assessment of the Cyprus Investment Programme.
8 Measures should be taken to increase ASP understanding of the risks of TFS evasion.
9 Cyprus should proceed with the implementation of a risk-based approach framework to the non-profit sector.
⚡️🇲🇹 #Мальта Показания судье известного политика об убийстве журналистки Каруаны Галиции снова пролили свет на программу гражданство за инвестиции и роль Кристиана Кэлина и его фирмы Henley & Partners https://www.maltatoday.com.mt/news/national/100338/live_caruana_galizia_public_inquiry_former_pn_secretarygeneral_testifies 🔴 Онлайн-репортаж https://www.independent.com.mt/articles/2020-02-12/local-news/Live-Daphne-Caruana-Galizia-public-inquiry-continues-6736219554
MaltaToday.com.mt
Caruana Galizia public inquiry: former PN secretary-general says Labour's gas power station plan was similar to presentation he…
Paul Borg Olivier tells Daphne Caruana Galizia public inquiry that Paul Apap Bologna had tried selling him plans for a gas power station in 2009 with the promise of 'we will do our bit, if you do yours'
🇰🇾 #Кайманы сделали заявление в отношении списка 🇪🇺 ЕС несотрудничающих налоговых юрисдикций https://cayman.finance/2020/02/cayman-islands-government-statement-on-eu-list-of-non-cooperative-tax-jurisdictions
Cayman Finance
Cayman Islands Government Statement on EU List of Non-Cooperative Tax Jurisdictions | Cayman Finance
GRAND CAYMAN, Cayman Islands – The Government of the Cayman Islands is aware of media reports on the ongoing revision of the EU list of non-cooperative jurisdictions for tax purposes. While reports suggest the recommendation to EU Ministers of Finance that…