Oxford Analytica recently published a report: Due Diligence in Investment Migration, within which details the minimum recommended industry standard for the investment migration market. This report is co-authored by the IMC, BD, Exiger and Refinitiv. Harod is one of the providers for due diligence (DD) in this market and as such is experienced in the quality of applicants and their agents. It has been noted by Harod, and no doubt others, that the quality of applications is at
Directive (EU) 2015/849 implemented by European Union to combat money laundering and terrorist financing to protect the financial system. On 7 May 2020, the European Commission adopted a new delegated regulation in relation to third countries which have strategic deficiencies in their AML/CFT regimes that pose significant threats to the financial system of the Union (‘high-risk third countries’). EU banks and other gatekeepers are required to apply enhanced vigilance in business relationships and transactions involving these 10
Emma DeSouza is an Irish citizen born in Northern Ireland who has never held a British passport. DeSouza obtained her first Irish passport in 2009 and identifies as exclusively Irish – not British. The Good Friday Agreement birthright provisions allow the people of Northern Ireland to identify and be accepted as Irish or British or both. In 2015 DeSouza married her US born husband in Belfast and applied to stablise his immigration status shortly thereafter.
Read our exclusive interview with Mr. Jonathan Cardona, CEO of Malta Individual Investor Program Agency. Mr. Cardona explains the in depth explanation of vetting applicants. Every application is scrutinised in the following seven categories under a risk matrix. Here is a quick summary of the interview Malta has the best due diligence system in the world and does not have the philosophy of cutting corners when it comes to due diligence. The Individual Investor Programme (IIP)
IATA publishes latest visa restrictions and travel information affected by Coronavirus (COVID-19) https://www.iatatravelcentre.com/international-travel-document-news/1580226297.htm