Through the approval of Laws 47 of 2013, and 18 of 2015, the Republic of Panama adopted measures to regulate the custody of bearer shares issued by Panamanian corporations.
The Premier and Minister of Finance of the British Virgin Islands, Orlando Smith, has reported that the territory has seen a return to positive economic growth and stronger finances.
The Dubai Financial Services Authority (DFSA), the regulator of the Dubai International Financial Centre (DIFC), announced on the 7th of June 2015, that it has recently entered a Memorandum of Understanding (MoU) with the Capital Markets Authority of Kuwait (CMA).
Under the MoU, the two parties agreed to share regulatory knowledge and experience, while facilitating the entry of Kuwaiti financial institutions into the DIFC.
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