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203517 comments
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August 31, 2024
posted by Porn
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August 31, 2024
posted by Robertder
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Bank statements: Confirm that the required authorised capital is available in the company’s accounts.
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As a gambling license applicant in Gibraltar, you should also take note of the Anti-Money Laundering, Countering the Financing of Terrorism and Counter-Proliferation Financing Arrangements (AML Code), issued by the GGC. It covers such areas as principles of customer due diligence, AML reporting requirements, and financial sanctions.
Assessment of SFC application: Detailed analysis of information provided, requests for additional data, meetings and interviews with key personnel.
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Currently, the Cayman Islands neither regulates nor prohibits the mining of digital assets, and the VASP Act does not introduce regulations or prohibitions specifically for this activity. It is worth noting, though, that the practical barriers to establishing significant mining operations in the jurisdiction include import duties on computing equipment and the relatively high cost of electricity production. The potential mitigation of these challenges may be influenced by the growing availability of renewable energy options and their decreasing costs in the future.
Starting the process involves establishing a Limited Liability Company (UAB) in Lithuania, which can be done electronically. The minimum share capital for this is 2,500 EUR. Good news is, the company’s owners and directors don’t have to be permanent residents of Lithuania, and there’s no prerequisite for the employment of local staff.
Compliance advice: Assist with compliance with local legislative and regulatory requirements, including anti-money laundering regulations and Know Your Customer (KYC) requirements. -
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August 31, 2024
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August 31, 2024
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August 31, 2024
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August 31, 2024
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August 31, 2024
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August 31, 2024
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