Carey Group Regulation and Registration

Carey AG is a member of, and regulated by, PolyReg General, a Swiss government approved self regulating body, established in accordance with the Swiss Money Laundering Act.

Carey Commercial Limited is registered in Guernsey under Registration Number 37920 and is licensed under:

1. The Protection of Investors (Bailiwick of Guernsey) Law, 1987 and;
2. The Regulation of Fiduciaries, Administration Business and Company Directors, etc (Bailiwick of Guernsey) Law, 2000.

The Protection of Investors license has been issued under section 4 of the Law to carry on the restricted activities of Promotion, Subscription, Registration, Dealing, Management, Administration and Custody in connection with the following category of controlled investment:- Category 2: General Securities and Derivatives. www.gfsc.gg

CCL Terms & Conditions

Carey Holdings Limited is registered in Guernsey under Registration Number 37921.

Carey Nova S.A. a member of, and regulated by, OAR-G, a Swiss government approved self-regulating body, established in accordance with the Swiss Money Laundering Act. The company is registered in Switzerland under IDE number CHE-113.697.422 TVA.

Carey Pensions and Benefits Limited is registered in Guernsey under Registration Number 39935 and is licensed under The Regulation of Fiduciaries, Administration Business and Company Directors, etc (Bailiwick of Guernsey) Law, 2000. www.gfsc.gg

CPBL Terms & Conditions

Carey Pensions UK LLP is registered in the UK under Partnership Number OC345142 and authorised and regulated by the Financial Conduct Authority, number 501747.www.fca.org.uk/register

Carey S.A. holds a “Professionel du Secteur Financier” (PSF) license and is regulated by the “Commission de Surveillance du Secteur Financier” (CSSF) in Luxembourg. www.cssf.lu

Carey S.A.M is regulated by The Ministry of Finance and is a founder member of both the Monaco Association of Compliance Officers and of the Monaco Association of Company Service Providers.

Carey Trustees Limited is registered in Guernsey under Registration Number 17706 and is licensed under The Regulation of Fiduciaries, Administration Business and Company Directors, etc (Bailiwick of Guernsey) Law, 2000. www.gfsc.gg

CTL Terms & Conditions

 
NOTICES

In 2010, the United States Government enacted the Foreign Account Tax Compliance Act (or “FATCA” as it is more widely known).  Primarily FATCA aims to combat US tax evasion by US tax payers and recoup lost tax revenues. 

The immediate obligation under FATCA is for all entities defined within FATCA as “Financial Institutions” to register and obtain a Global Intermediary Identification Number (“GIIN”), via an Inland Revenue Service portal.  This needs to be completed before 25 April 2014 in order to be included on the first list of compliant institutions.  This obligation applies to all businesses in Guernsey as well as similar offshore jurisdictions.  As such, a review needs to be carried out in order to classify client FATCA status, for example, whether you are a Financial Institution or a Non-Financial Foreign Entity.  This will determine whether you need to register by 25 April 2014. 

Carey Group will undertake this initial classification, which will attract a small extra charge outside of the standard fee agreement in place. If, after that assessment, reporting is required to be made alongside any on-going FATCA compliance and you wish us to help with this, we will look to introduce an annual fixed charge agreed in advance through consultation with you.  We will be contacting you in due course to confirm this classification and any next steps that may be applicable. 

Please note that between now and 30 September 2016, a Disclosure Facility is available for UK tax residents as set out in a Memorandum of Understanding dated 11 March 2013 between HMRC in the UK and the Guernsey Government.  We are obliged to make relevant persons aware of this Disclosure Facility by 31 December 2013.  If you think you will be eligible to participate in this Disclosure Facility, please click here for more information.