10/25/2018
Cayman Islands legal associations to merge
The establishment of the Legal Practitioners Association marks the first time that the entire legal profession in Cayman will be represented by one association.
Legal
10/25/2018
Mourant Associate achieves STEP Worldwide Excellence Award
The Award is administered twice yearly and recognises the top scoring student at distinction level in each of their STEP exams globally.
10/25/2018
Not in my house: Jersey Court refuses to bless a trustee's decision
Update prepared by Christopher Edwards (Partner), Chris Duncan (Senior Associate) and Jeremy Bell-Connell (Associate) of our Guernsey office
10/25/2018
Taxation law drafted on company substance measures
The Draft Law provides a first view of the statutory framework for the structure that was outlined in the consultation proposals which were issued by Jersey Government in August 2018 (the Consultation).
10/25/2018
Money laundering and terrorist financing controls in overseas jurisdictions – advisory notice
This document contains advice issued by HM Treasury about risks posed by unsatisfactory money laundering and terrorist financing controls.
10/25/2018
Sackler family—major cultural patrons—amassed $31.2m in offshore HSBC bank accounts, investigation finds
Mortimer Sackler opened a handful of accounts in Switzerland one month before federal prosecutors filed a lawsuit against Purdue Pharma in 2005
10/23/2018
Voisin advises in sale of 4Group
4Group Limited comprises 4Hire Limited, 4Safety Limited and 4Fleet Limited offering integrated business support services spanning transport, training, fleet and equipment solutions.
10/23/2018
UBS Accuses French Whistle-Blowers of Lying, Blackmail
The testimony came during the third week of a trial over allegations that UBS bankers illegally encouraged French citizens to lower their tax bills by moving money out of the country.
10/23/2018
What you need to know about unexplained wealth orders
Learn what is an unexplained wealth order or UWO.
10/22/2018
Central Bank Streamlines Procedures for Irish Retail Funds
The welcome procedural amendments, introduced with immediate effect, focus on expediting the processing of certain authorisation and post-authorisation amendments for UCITS and RIAIFs through the introduction of a same-day approval process for those appli
10/22/2018
Barbados Moving to Protect Reputation Against Crime
“It is recognized that such activities as human trafficking, fraud, insider trading, identity theft, money laundering, terrorism financing and securities issue have the potential to present the region with new challenges."
10/22/2018
Ogier partner makes prestigious Asian "Top 40 Under 40" list
David is one of ten lawyers from Hong Kong to make the list.
10/22/2018
Carey Olsen adds to cryptocurrency publication
Blockchain is particularly topical in our legal jurisdictions, each of which are helping lead the way in fostering a legal and regulatory landscape conducive to the continued expansion of the product. This guide is therefore an invaluable reference tool i
10/21/2018
Whistleblowing About Swiss Banks' Bad Behavior Just Became Safer
Another whistleblower whose life has become very difficult after leaking is Rudolf Elmer.
10/21/2018
Mauritius Government Strengthens
This article discusses the enhanced measures implemented to strengthen the anti-money laundering legislative framework through the Financial Intelligence and Anti-Money Laundering Act.
10/21/2018
Changes to the BVI Banks and Trust Companies Act 1990 and the Company Management Act 1990
These changes are likely to be of particular interest to corporate service providers, family offices and other closely held groups.
10/19/2018
‘Bizarre’ court ruling nets UK taxman £300,000 in IHT case
Ruling leaves ‘a complex, nonsensical web of rules which risk layering on extra worry for beneficiaries’
10/17/2018
OECD clamps down on CRS avoidance through residence and citizenship by investment schemes
Moreover, a number of jurisdictions have committed to spontaneously exchanging information regarding users of CBI/RBI schemes with all original jurisdiction(s) of tax residence, which reduces the attractiveness of CBI/RBI schemes as a vehicle for CRS avoi
10/16/2018
Bedell Cristin merger with Solomon Harris completes
Solomon Harris’ experienced team of Cayman lawyers will add a new level of expertise to Bedell Cristin’s international clients
10/16/2018
Ogier ranked tenth across European law firms on M&A deal value
"Our teams also include lawyers with significant recent onshore experience who are very familiar with the way that City firms operate."