Updates

We stay up to date with the latest industry news to ensure our team and clients are well-informed of changes.

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Hong Kong adds Residential Property to its Investment Migration Scheme
Updates

Hong Kong adds Residential Property to its Investment Migration Scheme

Hong Kong’s new capital investment entrant scheme aims to facilitate the entry for residence by capital investment entrants.

Luxembourg Trade and Companies Register: New filing requirements
Updates

Luxembourg Trade and Companies Register: New filing requirements

Effective 12 November 2024, any individual who wants to register with the Luxembourg Trade and Companies Register must provide LNIN.

Updates

Changes to the BVI Business Companies Act (2024)

The BVI has amended the BVI Business Companies Act. Here is a summary of what you need to know.

Updates

Updates to tax incentive schemes for Singapore-managed investment funds

The fund tax incentive schemes aim to ensure that the revisions align with the growth of Singapore’s asset and wealth management sector.

Announcements

Bolder partners with Dutch crypto service provider Amdax

Please read the announcement of Bolder Group’s partnership agreement with Amdax in this news release. Reach out to us for questions.

Updates

Changes to the Cayman Islands Beneficial Ownership Regime (October 2024)

This article provides information on the changes to the Cayman Islands’ Ultimate Beneficial Owner Regime, applicable 2025.

Updates

Complying with the EU’s MiCA rule 

 With the second phase of the EU’s MiCA regulation coming into effect this December 2024, how can market participants ensure compliance?

Updates

Termination and liquidation of Cayman companies (2024)

In this memo, we explain the termination and liquidation process of Cayman Island companies to comply with Economic Substance requirements.

Luxembourg introduces new tax package for individuals, businesses
Updates

Luxembourg introduces new tax package

The Luxembourg government proposes a new tax package to enhance the competitiveness of businesses and support individuals.

SEC, FinCEN propose CIP requirements for Investment Advisers
Updates

SEC, FinCEN propose CIP requirements for Investment Advisers

The CIP requirements proposed by the SEC and FinCEN aim to combat illicit finance activity involving investment advisers’ customers.

Updates

Summary: Proposed measures to Portugal’s tax rules

Under Portugal’s Accelerate the Economy Programme, there are measures that propose changes to the country’s tax rules.

Updates

Private wealth solutions: enhanced, expanded and Bolder

With the introduction of our new Global Head of Private Client and Family Office, we now provide more comprehensive private wealth solutions.

Updates

New balance sheet and turnover thresholds for Irish companies (July 2024)

Per 01 July 2024, Ireland will implement new thresholds to the balance sheet and turnover of different categories of companies.

Announcements

Bolder Mauritius amasses multiple awards in 2024 

Over the years, Bolder Group—Mauritius has gained recognition for its exceptional contributions to the country’s financial services sector, having received multiple prestigious awards in 2023 and 2024.   

Announcements

Bolder Group AML Trainings

Ensure compliance with AML laws and regulations. Learn about the annual AML training requirements. Contact us today.

Updates

EUDR: What is the regulation, and how can importers comply?

The EUDR will take effect on 30 December 2024. How will traders and product importers to the EU comply with the regulation?

Updates

An Update on the EU’s Digital Operational Resilience Act 

The Digital Operational Resilience Act aims to strengthen cybersecurity and the financial sector’s operational resilience throughout the EU.

Announcements

Bolder completes acquisition of Athos

Bolder Group announces the successful acquisition of Athos Group after receiving regulatory approval last May 2024.

Announcements

Bolder Group appointed fund administrator for Finec Asset Management

Finec Asset Management appoints Bolder Fund Services (USA) as its fund administrator.

Updates

Cayman Islands Governance Update (2024)

The Cayman Islands has a constantly evolving governance framework. Here’s an overview of what to expect in 2024.

Updates

UK scraps non-dom tax regime

After 225 years, the UK is scrapping its non-dom regime exempting non-UK residents in the country from paying foreign income taxes.

Announcements

Bolder Group expands service footprint with Atento Luxembourg partnership

Bolder Group bolsters its partnership with Atento by becoming its trusted partner in Luxembourg, after the Netherlands and Philippines.

Updates

BVIFARS Portal annual fee requirement to become effective in January 2024 

BVIFARS Portal annual fee requirement effective in January 2024; payment deadline set at 1 June annually.

Updates

Stricter AML rules in the EU: What’s new?  

The EU Council and Parliament agreed on new stricter anti-money laundering or AML rules in the EU. Here’s an overview.

Announcements

Bolder Group and Levari Law forge partnership to enhance services to the Middle East 

Bolder Group is pleased to announce its strategic partnership with Levari Law, a leading law firm in the Middle East.

Updates

Updates on ATAD III (December 2023)

ATAD III is unlikely to be enacted on 01 January 2024 as technical work still needs to be done to the directive.

Announcements

Bolder Group Receives Regulatory Approval for Acquisition of Heimdall

The Mauritius FSC approves Bolder Group’s acquisition of local firm Heimdall, Ltd. Read this article for more information.

Updates

A summary of the recently published political agreement on AIFMD II (FINAL TEXT)  

The final text of the proposed amendments to the AIFMD II has been published. Here are the key highlights (November 2023)

Updates

CSSF oversees diversity matters in “LSIs”; to impose sanctions for non-compliance 

On 10 October, the CSSF launched a diversity survey among management bodies of LSIs. Here are the results and what they mean.

Updates

SEC announces new rules for PE fund managers in the US

The US SEC implements sweeping rules for the $20T private (PE) funds industry to promote transparency.

Announcements

Bolder Group incorporates Athos Group into its international network

Bolder Group and Athos Group have agreed to combine their businesses, expanding Bolder’s private wealth solutions.

Updates

EU expands rules on crypto-asset transfers 

As part of its efforts to combat ML/TF in the crypto space, the EU expands its rules to make crypto-asset transfers traceable.

Updates

Luxembourg updates fund legislation, tax rebate rules

The Ministry of Finance and Ministry of Economy in Luxembourg recently introduced new tax rules and funds legislation updates.

Updates

New tax rules in Brazil by 2024; what’s in it for investors?  

By 2024, Brazil tax residents will have to comply with the recently introduced new tax rules in the country. Where do these rules apply?

Updates

Ongoing Monitoring Requirements for Cayman Islands Investment Funds and Securities Investment Businesses

The Cayman government consolidated guidelines and regulations on applying risk-based approach in conducting AML/CTF processes.

Updates

HKMA to enforce ‘tighter’ crypto exchange licensing regulations

Hong Kong has a thriving legal cryptocurrency trading.

Updates

New EU Sustainability Rules – what awaits EU and non-EU Companies

DISCLAIMER: This post was last modified on 23 May 2023.

Updates

Brazil government imposes income tax reform for financial investments 

/DISCLAIMER: This post was last modified on 15 May 2023.

Updates

SFDR PAI statement – What is coming?

DISCLAIMER: This post was last modified on 10 May 2023.

Blogs & Insights

The financial services industry amid the stormy seas: the way forward

Following the recent events in the financial services industry, what are the points to keep in mind moving forward? Here are some insights.

EU Parliament passes MiCA Law
Updates

EU approves MiCA, the bloc’s first EU crypto law 

The European Parliament approved the new Markets in Crypto-Assets (MiCA) Law, the first EU regulation to trace crypto-asset transfers.

Updates

CSSF updates FAQs on the Sustainable Finance Disclosure Regulation

The Commission de Surveillance du Secteur Financier in Luxembourg has updated the SFDR FAQs to provide clarity to the investment fund sector.

Opportunities in Northern Africa for VC and PE investors
Blogs & Insights

The emerging VC and PE investment in Africa

Opportunities await VC and PE investors in Africa. How is this so? And how do we explore? We discuss more in this blog.

Announcements

Bolder Group acquires Mauritius company Heimdall, boosting presence in African markets

Bolder Group is proud to announce its successful acquisition of Heimdall, a Mauritius-based fund, trust and company formation solutions provider.

ESG fund names
Updates

ESMA develops new guidelines for ESG fund names, asks for public consultation

DISCLAIMER: This post was last modified on 13 February 2023.

Updates

CSSF launches SFDR data collection exercise for investment fund managers

The CSSF now require FSPs and FAs to complete a questionnaire through new eDesk module called “SFDR-IFM disclosures”, starting 02 February.

Blogs & Insights

ESG Updates for 2023

DISCLAIMER: This post was last modified on 30 January 2023.

Updates

Proposed amendments to ATAD 3 (January 2023)

DISCLAIMER: This post was last modified on 24 January 2023.

Announcements

Bolder Group expands global footprint, acquires Irish firm BSG

Bolder acquires Business Services Group in Ireland; increases global presence by offering trust and corporate services in the Irish market.

Updates

Extended VCC Grant Scheme: What you need to know

Two days prior to its original expiration on 13 January 2023, the VCC Grant Scheme was extended for another two years to 15 January 2025.