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20
FEB, 2023

Amicorp’s new fund license opens door to FIP investment opportunities in Brazil

Amicorp has been granted a Fund Administrator License in Brazil by the Brazilian Securities and Exchange Commission (“CVM”), and been accepted as a member of the Brazilian Financial and Capital Markets Association (“Anbima”), cementing its position as one of the leading regulated global providers able to operate in the Brazilian fund industry. Read more
15
FEB, 2023

What challenges face asset managers, family offices, entrepreneurs, and corporations in 2023?

2022 saw the international tax framework continuing to evolve, along with greater scrutiny on transparency and substance and the rising importance of addressing ESG-related issues across all sectors. Read more
06
FEB, 2023

Foreign-Sourced Income Exemption Regime introduced in Hong Kong

A new amendment bill approved by the Hong Kong government to introduce a new foreign-sourced income exemption (FSIE) regime has come into force. The FSIE Regime, which came into effect on 1 January 2023, puts in place an economic substance requirement and nexus requirement for certain specified foreign-sourced income of MNE entities. Read more
24
JAN, 2023

Amicorp secures two licenses in India’s GIFT City

Amicorp Group has further enhanced its service proposition in India after getting regulatory approval to operate under two licenses in Gujarat International Finance Tec-City ("GIFT City"). Read more
28
NOV, 2022

USA introduces new beneficial ownership reporting requirements

The US Treasury Financial Crimes Enforcement Network (“FinCEN”) has introduced a new set of rules on the reporting requirements around beneficial ownership. Read more
26
OCT, 2022

New Zealand introduces new visa to attract high-net-worth investors

New Zealand has taken further action to attract high-net-worth investors into the country with the introduction of an Active Investor Plus visa. New Zealand already enjoys a reputation where business is conducted with the highest levels of integrity, backed by a strong ethical and cultural environment. Read more
03
OCT, 2022

BVI companies to face new financial reporting and legal requirements

Companies in the British Virgin Islands will be subject to tighter financial and legal regulations as of January 1st 2023 due to recently announced changes to the BVI Business Companies Act 2004. The changes being introduced through the new BVI Business Companies (Amendment) Act 2022 and the associated BVI Business Companies (Amendment) Regulations, 2022 (together “BCA Amendments”), are part of the government’s efforts to align the BVI closer with international transparency standards and best practices on information sharing between authorities. Read more
28
SEP, 2022

Amicorp broadens client services further with new advisory arm in U.S.

Amicorp Group, a global provider of fund, capital market and corporate management services, has added a new financial and investment advice arm to its business – Amicorp Wealth Services LLC (‘AWS’). Amicorp Wealth Services LLC is a Registered Investment Advisor (‘RIA’) with the Securities and Exchange Commission in Miami, offering a range of financial and investment management advice to clients – from retirement planning, to asset allocation modelling to help in setting up companies and trusts. Read more
21
SEP, 2022

Malta introduces Corporate Governance Code for financial sector

The Malta Financial Services Authority (‘MFSA’) has taken another step to the boost the island’s reputation as a financial center of choice with the introduction of a Corporate Governance Code. The new Code aims to enhance corporate governance practices among Authorized Entities operating within the island’s financial services sector. The MFSA sees good corporate governance as a key factor in safeguarding consumers, market integrity and financial stability. Read more