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Digital asset gateway Fasset awarded full regulatory clearance by Labuan Financial Service Authority

Digital asset gateway Fasset awarded full regulatory clearance by Labuan Financial Service Authority

Fasset, a digital asset gateway and provider of tokenisation services for sustainable infrastructure assets, has received three separate full authorisations from the Labuan Financial Services Authority (LFSA), in the Federal Territory of Labuan, Malaysia to commence its digital asset business operations from the country.

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Guernsey Financial Services Commission licenses The ID Register for Controlled Investment Business

Guernsey Financial Services Commission licenses The ID Register for Controlled Investment Business

The ID Register has been licensed by the Guernsey Financial Services Commission to carry on Controlled Investment Business. As a global hub for investor onboarding and registration, regulation supports the ID Register's single-sign-off service for investors, funds and service providers alike. 

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Reflection after the tumult

Reflection after the tumult

By A Paris – In what has been a rollercoaster year from all perspectives, 2020 saw the Cayman Islands being first placed on the European Union blacklist in February, followed by its removal from said list in October, after it made improvements to its tax framework. 

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The world’s leading domicile

The world’s leading domicile

By Jude Scott, Cayman Finance – In August 1864, 900 miles almost due North of the Cayman Islands, US Navy Rear Admiral David Farragut faced a pivotal moment. Leading a squadron charged with attacking Confederate forces in Mobile Bay, Alabama, Farragut’s flotilla encountered tethered mines known then as “torpedoes” which ultimately threatened his mission and his men. Acting decisively to navigate around the threat and pursue his objective, Farragut uttered the phrase that has now passed into military lore: “Damn the torpedoes! Full steam ahead!”

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Why are fund managers thinking about relocating to Jersey?

Why are fund managers thinking about relocating to Jersey?

By Chris Griffin (pictured) & Robert Milner – Recently, the unprecedented combination of Brexit and Covid-19 has generated a sharp rise in the number of fund managers contemplating a move to Jersey. In this article, Chris Griffin and Robert Milner, funds partners in the Jersey office of leading offshore firm Carey Olsen, explore the reasons behind the increase in interest.