The Companies (Economic Substance) Act, 2019 (Act 2019-43) (“ESA”) introducing economic substance requirements for companies in Barbados was approved by Barbados Parliament on 27 November 2019 in response to the work of the Organisation for Economic Cooperation and Development (“OECD”) …
Since our last legislative update in December 2019, the following pieces of legislation and Statutory Instruments, were passed and are in effect: Companies (Amendment)(No 2) Act 2019-51 Companies (Economic Substance)(Amendment) Act 2019-61 Companies (Amendment) Act 2020-31 Companies (Economic Substance)(Amendment) Act …
Clients have faced issues with the approval of dividends in their audit process. Chancery provides the basic framework that directors and managers should be addressing prior to approving dividends to avoid potential pitfalls after the fact. Read More
In November 2013, Sir Trevor Austin Carmichael, K.A., LVO, SCM, Q.C. received the Knight of St. Andrew, Barbados’ highest honour during the country’s National Independence Honours. Sir Trevor was honoured for his outstanding contribution to the financial services sector, international …
Carmichael Ready for the Task View PDF
