News & Insights

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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
13
SEP, 2022

EU Shell Directive: Is your business "at risk"?

In December 2021, the European Commission published its proposed Anti-Tax Avoidance Directive (“ATAD-3”) to combat the misuse of so-called shell or postbox companies. In May 2022, the European Parliament’s Committee on Economic Monetary Affairs (“ECON”) released its Draft Report with a number of proposed amendments, including postponing the effective start date by one year. Read more
26
AUG, 2022

UK Register of Overseas Entities comes into force

A new register requiring all foreign owners of UK property to reveal their identities has gone live, with any entities in-scope advised to take urgent steps to address that or face significant repercussions. Read more
01
AUG, 2022

Amicorp awarded Fund and Trustee license in Uruguay

Amicorp Group has been granted an Investment Fund Manager and Financial Trustee license in Uruguay, strengthening its position as one of the leading fiduciaries in the LatAm region. The announcement by the Central Bank of Uruguay, which regulates the country’s banking and financial system, means Amicorp is now a regulated provider of management and administration services for Private and Public Offering Financial Trusts, as well as for Investment Funds. Read more
22
JUL, 2022

Amicorp Financial Markets: The secret benefits of IPO's

The media often shares the names of high-net-worth individuals ("HNWIs") associated with IPOs and Listings, in many cases attaching a degree of celebrity status to them. Last year's IPO of Bumble, the online dating application, was among the high-profile examples of that, since it turned its cofounder and CEO Whitney Wolfe Herd into the world's youngest self-made female billionaire. Typically however, little is disclosed about the actual IPO and what is involved, either actively or passively, or the rationale behind it. Read more
18
JUL, 2022

Amicorp’s community foundation project Amisewaka–DLCC comes to life

We are delighted to announce that Amicorp Community Foundation’s flagship project, the Amisewaka – Desa Les Community Center (DLCC), is officially open for business and ready to welcome its first students. After more than six years of careful planning and development, a spectacular event on July 18th marked the official opening of the center. Read more
16
MAY, 2022

Amicorp Netherlands: Our services

The Netherlands is considered a preferred jurisdiction for both corporate and private structures. The central geographical location of the Netherlands, combined with its outstanding infrastructure, provides an ideal gateway to expand the business into Europe. The Netherlands is also known for its highly educated, flexible, and multi-lingual workforce that can offer solutions to clients globally. Read more
10
MAY, 2022

Amicorp Financial Markets: Listing on the London Stock Exchange (LSE)

Depending on your business setup and investment requirements, we can provide a full range of support solutions in and out of multiple jurisdictions. Our services allow clients to increase their efficiency by focusing on their core activities and investment performance while providing dedicated compliance, administrative and structured finance solutions. Read more
22
MAR, 2022

Trust solution series: Employee share or option trusts

Listed and unlisted corporate clients will often look to incentivize and retain their talent by offering benefits linked to the value of the business they contribute to. Read more
15
MAR, 2022

Trust solution series: Business Assets

When dealing with corporate clients and the services we provide them, ask the UBO what they have in place to protect these assets and what succession plans they have, to ensure their family is looked after and the business continues successfully. Read more
09
MAR, 2022

Trust solution series: Special trust advisors

The New Zealand Trust Act 2019 allows for special Trust advisors. Previously these special Trust advisors were known as advisory Trustees; however, the terminology was changed so as not to confuse the role of the actual Trustee. Read more
15
FEB, 2022

Amicorp Germany: GmbH Liquidation Services

We take care of the liquidation of your GmbH for a fixed price. Whether it is a company that has ceased to be commercially active or whether your SPV is no longer required, we ensure that your entity is wound up correctly. Read more
14
FEB, 2022

Amicorp Germany: Establishing and Administrating a Limited Liability Company

Germany offers excellent investment conditions with a stable and reliable economic and judicial framework. Not only does Germany have the biggest consumer market in Europe, but it also provides access to the common market of the European Union (EU). Read more