02/17/2016
Maldives first family sinks deeper in graft scandal as bank withholds pres funds info
The bank had instead sought a Civil Court order to block requests of the nature. ACC had been informed of the case as well.
Legal
02/17/2016
Audit row over Sir Jack Hayward's fortune after rise in overdraft AFTER his death
An auditor is demanding answers after Sir Jack Hayward’s overdraft in the Bahamas grew by almost $400,000 AFTER his death last year.
02/17/2016
Streamlining Perpetuity- Amendments to Bermuda’s trust law by Ashley Fife
The flexibility brought about by the Amendment Act may lead to the governing law and place of administration of a number of trusts being changed to that of Bermuda
02/17/2016
New ‘toolset’ to deal with bank failure
Among the powers created by the legislation is the ability for the government to temporarily take over a failing bank, noting that safeguards are included to protect the interests of shareholders and creditors.
02/17/2016
Ogier advises Knight Frank Investment Management on launch of its first investment fund
The fund is an open-ended Jersey Expert Fund structured as a Jersey unit trust.
02/17/2016
Offshore Compliance and Regulatory News: Sanctions by Ogier
Nicola Roberts reports on the current Russian Sanctions, their applicability in Jersey and the importance of remaining vigilant.
02/17/2016
Appleby Advises LSE listed German property investor
The Firm Placing and Offer for Subscription will raise up to £38 million before expenses.
02/17/2016
Caledonian owner wants court permission to seek SEC damages
The settlement, which has been approved by the Cayman Islands Grand Court, still has to be sanctioned by the U.S. court to take effect.
02/17/2016
Jersey Signs Memorandum of Understanding with Abu Dhabi Global Market
The MoU will allow the JFSC and ADGM to exchange confidential regulatory information and co-operate with each other regarding the supervision and regulation of financial systems under their respective authority.
02/17/2016
Carey Olsen advises AnaCap Financial Partners on The Close of Its Third Guernsey Flagship Fund
The Guernsey Fund will make equity and equity-related investments primarily in European financial services businesses, building on the successful programme achieved by AnaCap Financial Partners II, LP.
02/15/2016
Cayman Islands Regulatory Seminar, 25 February 2016
Registration is open from today but spaces are limited so please email us to reserve your space.
02/12/2016
Did Gawker stash millions overseas ahead of Hogan trial?
The trust holds 26 percent “of the ordinary share capital of Gawker Media Group,” incorporated in the Cayman Islands, public records state.
02/12/2016
International law firm expands global office network
The expansion into the region is a natural extension of the organisation's multi-jurisdictional service capability.
02/11/2016
S’porean banker key link between Swiss bank, 1MDB
Yak was not personally at the Singapore High Court on Friday, when he sought to unfreeze his Singapore funds to pay taxes and legal fees.
02/11/2016
Guide to Foundations in The Isle of Man - Appleby
Foundations were introduced into Manx law by the Foundations Act 2011 (the Act).
02/11/2016
Family Offices and the Bermuda proposition by Ashley Fife, Appleby
Associate Ashley Fife outlines the roles and location choices of the family office, with Bermuda being an attractive jurisdiction to establish a single or multi-family offices.
02/11/2016
Bermuda's Regulation enhances business opportunities by Brad Adderley, Appleby
According to Partner Brad Adderley, who participated in Artemis' recent executive roundtable event, change in regulation has enhanced business opportunities, not diminished them.
02/10/2016
Top Trust & Private-Client Lawyers Headed to Bermuda for Inaugural Island Legal Week Event
The forum runs Wednesday through Friday at the Rosewood Tucker’s Point Resort, attracting some of the world’s key influencers and elite trust and private-client sector professionals.
02/10/2016
Appleby Lawyers to speak at prestigious Private Client Forum in Bermuda
Appleby is pleased to sponsor Legal Week’s world-class conference delivered by the most senior and elite private client practitioners.
02/09/2016
Mourant Ozannes leads offshore for FTSE 100 relationships
Mourant Ozannes appears at number 15 in the rankings with the next offshore law firm in 35th place.