...ishment and Change of Foreign-Invested Enterprises alongside with the Circular (2016) No.22 **(Circular 22)**(issued jointly by the PRC National Development and Reform Commission and the MOFCOM). The purpose was to provide further clarifications and guidelines on the procedures for FIE establishment. Circular 22 aims to delineate and further clarify that the scope of special market entry admini...
Path: Blog... also assist you with a transfer pricing advice. Transfer pricing rules include companies that function cross-border, within different jurisdictions. For full understanding of this process in the EU, you should be acquainted with “Transfer Pricing guidelines for Multinational Enterprises and Tax Administration”. Legal asset protection is important but it is not panacea. Reliable banking fac...
Path: Blog...s for prospective licensees who will become DLT providers. For example, such business should be conducted honestly, using the adequate resources and high business standards. Professionalism and client care are also a must. An important part of these guidelines is also requirement to have the secure systems and constantly work on the prevention of financial crime and fraud. **Offshorelicense Ltd...
Path: BlogFebruary 16th became an important day for **European crypto-community**. **Switzerland** showed itself as a progressive jurisdiction and published guidelines regarding the **ICO regulation**. It was developed by The Swiss Financial Market Supervisory Authority (FINMA). Many Swiss startups has now decided to announce ICO as acceptable since it is easier than attracting investors as it was 5 - ...
Path: Blog...chembri made an announcement that was of utmost importance for companies and individuals who participate in the **gaming industry of Malta**. Nowadays the regulatory situation of this industry is as follows: different laws, contradictory documents, guidelines and directives. What will change? The Parliament promises to adopt the **Gaming Bill** – a newly developed document that will replace eve...
Path: Blog...d to commence the process of related data and information preparation. Each of these entities is now invited to take part in collection and submission of such information. The Commission released a questionnaire for these entities as well as special guidelines, that will help reporting subjects fully understand their tasks. Also, a special internet-portal, **myJFSC, functions as an online assis...
Path: Blog**The Monetary Authority of Singapore** (MAS), has lately been working on newest guidelines in relation to the **artificial intelligence** (AI) that is used by financial institutions. AI is still a developing technology and is yet to be regulated around the world. Singaporean government considers that there is a need to develop recommendations and guidelines to prevent misuse of artificial intel...
Path: Blog...n attention of the public to the risks that ICOs may pose for investors. Also, the regulator once again confirmed that it is committed to ensure that innovators can launch their ICO projects lawfully. As you may know **FINMA has already published guidelines for ICO projects in February 2018**. Stay tuned with **Offshorelicense** to be informed of all legal news in relation to fintech, legalt...
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