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.
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.
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.
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.
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.
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.
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.
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.
HKMA to enforce ‘tighter’ crypto exchange licensing regulations
Hong Kong has a thriving legal cryptocurrency trading.
New EU Sustainability Rules – what awaits EU and non-EU Companies
As part of its efforts to promote sustainability and environmental, social and governance (ESG) and combat greenwashing, the European Union modified the last Directive 2014/95/EU or the Non-Financial Reporting Directive (NFRD).
Brazil government imposes income tax reform for financial investments
Brazil recently enacted a new tax regime that would affect its citizens, particularly those with assets in other countries.
SFDR PAI statement – What is coming?
The European Commission (“EC”) initially required financial products to report on ESG (Environmental, Social and Governance) matters under the Sustainable Finance Disclosure Regulation (“SFDR”), which states all products should integrate sustainability risks into an investment decision.
The financial services industry amid the stormy seas: the way forward
Covering a broad range of service offerings — from insurance, wealth management and advisory to hedge funds and digital currencies — the financial services industry has seen different trends and challenges.
EU approves MiCA, the bloc’s first EU crypto law
On 20 April 2023, the European Parliament approved the new Markets in Crypto-Assets (MiCA) Law.
CSSF updates FAQs on the Sustainable Finance Disclosure Regulation
The Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg has updated the SFDR FAQ to provide clarity to the investment fund industry on aspects of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR).
The emerging VC and PE investment in Africa
The African financial sector has been active in the last 25 years; and thanks to digitalisation in the more recent years, emerging financial institution startups in Ghana, Zimbabwe, Kenya, Senegal, Burkina Faso and Madacasgar have been enjoying a smoother access to the global financial market.
Bolder Group commences operations in Ireland with three senior members
Bolder Group expands its global footprint by increasing its presence in the European Union as it completed the acquisition of Business Services Group (BSG), an Ireland-based licenced trust and corporate services provider.
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.
ESMA develops new guidelines for ESG fund names, asks for public consultation
In an effort to increase transparency and combat the risks of “greenwashing,” the European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has developed guidelines for the use of sustainability-related terms or ESG principles in fund names.
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.
ESG Updates for 2023
The Sustainable Finance Action Plan establishes a framework regulation in the EU (European Union) for the financial services and investment management sector to facilitate and accelerate the flow of capital from private investors to sustainable projects and businesses.
Proposed amendments to ATAD 3 (January 2023)
On 17 January 2023, the EU Parliament proposed a number of amendments to the Anti-tax avoidance directive 3 (ATAD 3) or what is known as the Unshell Directive.
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.
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.
Bolder Group acquires Molade Trust Management
The regulatory authorities in the Netherlands have approved Bolder Group’s acquisition of Molade Trust Management, effective 01 December 2022.
New DAC amendments propose reporting of crypto activities
Under a recent EU proposal, crypto-asset service providers are required to report user transactions.
Bolder Group x Accace: global payroll solutions with local focus
HR and payroll services are crucial components of corporate and secretarial solutions, especially when dealing with multiple jurisdictions with different statutory and legislative requirements.
Bolder and StegX: Partners in a digital real estate funds sector
Bolder Group is proud to announce its partnership with StegX.
BVI Business Companies Act – 2022 Amendments and Ancillary Matters Update 2
Strike-Off Following our initial memo Important Amendments to the BVI Companies Law (the “Memo”), we take this opportunity to clarify the transitional provisions with respect to companies struck off before 01 January 2023 (“Existing Pre 2023 Struck Off Companies”) and companies struck off after 01 January 2023 (“Post 2023 Struck Off Companies”).
Bolder Group appoints new Global Head of Funds
Bolder Group is pleased to announce the appointment of Neco Dusseldorp as our new Global Head of Funds, starting 1 November 2022.
OECD pushes for tax transparency through Crypto-Asset Reporting Framework
The Organisation for Economic Co-operation and Development (OECD), has published the Crypto-Asset Reporting Framework (CARF) to G20 countries on 10 October 2022.
New AML watchdog in EU set to take a closer look at crypto sector
Combating the flow of dirty money is a complex problem that has existed for a while.
BVI Update: Amendments to the BVI Companies Law 2022
There are various amendments that the BCA Amendment 2022 introduces.
UK, US looking to push CBDCs as alternative to crypto
Financial authorities from the US and UK are looking to strengthen regulations on the broader crypto market and explore CBDCs.
Stricter cryptocurrency regulations in Hong Kong await players and VASPs
Here are the key points you need to know about the new cryptocurrency regulations in Hong Kong under the AML/CTF (Amendment) Bill 2022.
The UK’s Economic Crime Act 2022: What you need to know
On 15 March 2022, the Economic Crime (Transparency and Enforcement) Act received royal assent which would help the UK combat economic crime.
EU finalises new market rules to control ‘Wild West’ crypto
The European Parliament and European Union (EU) member states have agreed to strengthen rules and parameters to control what they consider the ‘wild west’ of the financial markets — the crypto world.
Crypto may soon be taxed in the Philippines, where a new admin is taking over
To help pay off a record-high national debt, the current Philippine administration proposes imposing taxes on crypto transactions.
Stablecoin in spotlight: After steep decline, G7 calls for tougher crypto regulations
Following the epic crash of the algorithmic stablecoin Terra Luna, G7 calls for swift and tougher crypto regulations.
From billions to cents: how did Terra Luna crash, and what’s next?
At one point, the Terra Luna blockchain was valued at $40 billion.
LEGAL STRUCTURING VIA THE BENELUX: Bolder Group to host free seminar in Cairo
Committed to breaking barriers, Bolder Group will hold a seminar on Egypt & Legal Structuring via the Benelux this 30 May 2022.
More than a year after Brexit, firms seek space in the Netherlands
The warehouse space in the Rotterdam port started expanding due to the influx of Brexit companies seeking to distribute from the Netherlands.
Bolder expands USA footprint with new senior fund and corporate experts
With the addition of three senior financial experts to our team, Bolder Group has, once again, shown its commitment to expanding its global footprint and services to the US market.
Break the bias, break barriers
Bolder Group is alongside the bold women of the world to break the bias and break barriers.
The Point: Office and staff leasing in Singapore, Hong Kong and the Netherlands
The Point is opening its doors to investors looking for business addresses in Hong Kong, Singapore and Amsterdam.
Bolder Co-Sponsors Miami Hedge Fund Week 2022
Bolder Group co-sponsors this year’s Miami Hedge Fund Week.
Bolder is flying to Cairo!
A team of corporate and fund experts from Bolder Group will be at Cairo, Egypt starting February 14th.
Bolder Group nominated on Hedgeweek European Awards 2022
Bolder Group is nominated as Best Administrator – Start-Up & Emerging Funds category for the Hedgeweek European Awards 2022.
Hey, BOLDER is on social media!
We’re excited to get to know you better – and for you to reach us faster – on our social media channels.
Bolder Best administrator at HFM Asia Services Awards
Bolder has won the Best administrator – boutique and emerging managers category at the HFM Asia Services Awards! The HFM awards celebrate providers of services and solutions to the Asian hedge fund industry that have demonstrated exceptional innovation, customer service and business performance over the past 12 months.