Archive for September 17th, 2014
$1,000 fines for health insurance offences
(CNS Business): Starting next month, the Health Insurance Commission will have the power to impose fines up to $1,000 for both employers and insurance companies for infractions of the health insurance law, though the accused person or company can still opt to take the matter to court instead of paying the fines and they will end up […]
Major roadblock for cryptocurrency ‘haven’
(CNS Business): Capital Treasury Services (CTS), the company that linked Bitcoin businesses to banks in the Isle of Man, has said it will no longer be doing business with digital currency businesses as of next month. CTS said that while government was supportive of efforts to build Bitcoin businesses, its banking partners were not so positive. […]
Recent comments