05/30/2017
CRA pursuing criminal charges against Panama Papers tax cheats
The Canada Revenue Agency says it has “upped its game” and launched dozens of criminal investigations into offshore tax schemes
Legal
05/30/2017
Former Cayman Football Official Pleads Guilty In Corruption Scandal
Costas Takkas, a former general secretary of the Cayman Islands Football Federation, became the latest official to plead guilty in connection with his receipt and transmission of millions of dollars in bribes paid to Webb.
05/30/2017
Flying the Manx flag at conference in Miami
The significant efforts that the island and its businesses have gone to to ensure FATCA compliance.
05/30/2017
Successful EBACE 2017 for Appleby
The Appleby contingent was among 13,000 business aviation professionals from more than 100 countries who attended.
05/30/2017
£7.5 million security for costs awarded against foreign litigation funder
The amount of security sought was less than the total funding provided to the Claimants by each of the funders.
05/26/2017
Dickinson Gleeson helps Land Securities acquire portfolio of outlet centres
The properties were held through a complex ownership structure and the acquisition was structured as a purchase of units in two Jersey Property Unit Trusts.
05/25/2017
The global reach of the BVI as an investment funds jurisdiction
Approximately one quarter of all offshore hedge funds established worldwide over the years have been domiciled in the BVI.
05/25/2017
BVI financial services licensees and professionals should prepare for the upcoming Caribbean FATF evaluation and national risk assessment
Under its mandate the regulator will focus on the implementation of four key policy areas: senior management oversight policies, control measures, record keeping measures, and staff training programmes.
05/24/2017
The Beneficial Ownership Register In The Cayman Islands - Higgs & Johnson
The Laws are not yet in force but are expected to be passed in or around June 2017.
05/24/2017
Ogier has successfully applied for the first appointment of a provisional liquidator by the Royal Court of Guernsey
The factual background showed that the company had purchased an English property for development and employed development professionals with shareholder capital and a bridging loan.
05/24/2017
Messi Prison Sentence Stands After Supreme Court Rejects Tax Fraud Appeal
Charges were initially filed against the Argentine footballer in 2013.
05/24/2017
Carey Olsen and Aztec Group assist SoftBank in establishing the world’s largest Investment fund in Jersey
The Vision Fund now has the ability to begin making investments immediately.
05/24/2017
Financial services company expands
The new members of the firm bring further expertise and experience to the practice, added Ogier BVI.
05/23/2017
Former Barcelona president Sandro Rosell arrested on suspicion of money laundering
Rosell is accused of selling TV rights for the Brazilian football team through companies in tax havens
05/23/2017
Maples and Calder Advises Avolon on US$10bn Acquisition
The acquisition has doubled the scale of Avolon's business to create the third largest aircraft leasing platform in the world, with a combined fleet of 868 aircraft valued at over US$43 billion.
05/22/2017
Isle of Man Registry Turns 10 With 1,000th Aircraft on the Books
The Isle of Man is close to registering its 1,000th aircraft.
05/22/2017
Carey Olsen advises on new Jersey Private Fund for TempoCap.
The new Jersey Private Fund regime provides for fast track, forty eight hour regulatory approval of private investment funds with up to fifty professional investors.
05/21/2017
Changes good for savers, say pensions funds
She said there is a general presumption that laws are not intended to have retroactive effect.
05/18/2017
Review Of 2016 Offshore Company Petition Filings & Court Orders
The conversion rates of petitions into court orders also reduced, as more companies were able to successfully oppose petitions or reach consensual resolution.
05/16/2017
Cayman Islands: Segregated Portfolio Companies In The Cayman Islands
Directors are required to establish and maintain the segregation both of the general assets of an SPC