10/09/2020
Five remittance agents investigated for money laundering
The FIAU identified major controls weaknesses in relation to the transaction monitoring systems adopted by the companies offering remittance services.
Legal
10/08/2020
Collas Crill Advises on Launch of New Private Investment Fund
Collas Crill Senior Associate Gareth Morgan said: 'It has been a genuine pleasure to work with Roy and his team on the establishment of this fund structure."
10/08/2020
BVI Required Filings on Appointment of a Receiver under an English Law Legal Charge
It should be noted that failure to comply with the requirements of the Act will expose the receiver to financial penalties as set out further below.
10/08/2020
Remote Hearings – Irish Courts Update
The Irish courts have sought to facilitate the ongoing administration of justice during the current global pandemic and this Act copper fastens those attempts and puts them on a statutory footing.
10/07/2020
Top tier Guernsey teams stand out in Legal 500 UK
Rising Star Rachel DeSanges is head of Employment in Guernsey and is praised for her understanding of client needs within a 'knowledgeable team providing an efficient service.'
10/07/2020
Cora Miller is the only Cayman Islands lawyer recognised as one of Latinvex’s Top 100 Female Lawyers
Conyers Latin America group advises clients located in or transacting with Latin America on the laws of the Cayman Islands, Bermuda and BVI.
10/07/2020
BVI Required Filings on Appointment of a Receiver under an English Law Legal Charge
It should be noted that failure to comply with the requirements of the Act will expose the receiver to financial penalties as set out further below.
10/07/2020
Carey Olsen advises Nordic Capital on €6.1 billion fund
Working alongside international counsel Kirkland & Ellis
10/07/2020
Carey Olsen advises Capvis on acquisition of leading CRM provider
The Carey Olsen team was led by partner Daniel O'Connor with assistance from senior associate Arindam Madhuryya and associate Jordan Zubeidi.
10/06/2020
Harneys London retains Tier 1 status for the 4th consecutive year
Harneys London is led by a senior team of experienced offshore lawyers providing a full range of services across all practice areas and specialisms.
10/06/2020
New Swiss Laws Provide Solid Ground For Blockchain And Crypto
In short, it mentions every legal requirement for running a cryptocurrency exchange.
10/06/2020
Walkers Acts on Delta Airline's US$6 Billion Loyalty Programme Financing
The Delta deal follows in the footsteps of a the world's first financing transaction utilising a US airline's loyalty program, on which Walkers also acted as Goldman's Cayman counsel.
10/06/2020
The rise of foundations in the UAE
A foundation is an independent legal entity and is derived from civil law jurisdictions, as opposed to a trust which is a common law concept. It also has no members or shareholders, but is self-owned.
10/05/2020
Leaked files show Russian oligarch under investigation for money laundering is linked to major Tory donor
Now leaked FinCEN files, based on banks’ “suspicious activity reports”, reveal that in 2016 Definition Services gave Chernukhin’s husband Vladimir £6.1m.
10/04/2020
Ogier in Jersey ranked top tier across all core service lines in new directories
The Banking and Finance team is praised in the Legal 500
10/02/2020
Cayman court approves first court-to-court communications protocol in cross-border restructuring
The decision demonstrates the willingness of the Cayman courts to co-operate and assist other jurisdictions in cross-border insolvency proceedings and outlines the jurisdictional basis on which such orders can be made.
10/02/2020
Collas Crill Jumps up the Legal 500 UK Rankings
Collas Crill's commercial property teams in both jurisdictions have retained their listing in Tier 1, reflecting a long history of the property teams operating at this level across the Channel Islands as a premier property practice.
10/02/2020
Collas Crill Explains… Voluntary Striking-off of a Guernsey Company
This guide looks at the key things you need to know about voluntarily striking off a Guernsey company.
10/02/2020
Presumptive approach to the determination of fair value rejected by the Grand Court in Qihoo
The Court held it would be inappropriate to make legal presumptions relating to the valuation methodology to be adopted by the Court, without proper regard to the factual matrix
10/02/2020
Cayman Voluntary Liquidations 2020
In order to prevent the expense of annual 2021 government registration fees, an appointed liquidator will be required to hold the final general meeting for a company or file the final dissolution notice for an exempted limited partnership on or before 29