03/08/2017
Professional classes enabled Panama Papers tax evasion scandal
The biggest data leak in the history of journalism and exposed the world's rich and powerful as complicit in a vast offshore secrecy cabal.
Legal
03/08/2017
The Lawyer publishes Top 30 Offshore Law Firms ranking for 2017
The Lawyer’s annual Top 30 ranks offshore firms by their number of staff, fee-earners, qualified lawyers, partners, female partners, equity staff and fiduciary staff.
03/08/2017
Tax cheats in KPMG Isle of Man avoidance scheme could face criminal charges: minister
Bloc Québécois leader calls on Liberals to stop giving KPMG government contracts in wake of recent reports
03/08/2017
Money Laundering in Central America
Criminals also use the formal banking system to hide and move the proceeds of illicit activity.
03/08/2017
Maldives denies sale of islands to Saudi
Government denies plans to sell cluster of small islands to Saudi following opposition protests.
03/07/2017
Philippines tagged as ‘major’ money launderer
The report pointed out the non-inclusion of casinos from AMLC coverage was a “significant gap” in the country’s failure to minimise the occurrence of money-laundering activities in the country.
03/07/2017
Firewalls, Families and Fiduciaries: New Cayman Case Law
Where a family trust is involved, the more contentious of marital disputes can quickly draw trustees into the ring for a bout over rights to information regarding, or even to assets held in, the trust.
03/07/2017
Jersey and Kenya sign agreement to return stolen assets
The signing of this agreement conveys a powerful message that both Jersey and Kenya are committed to combatting issues of historic corruption and financial crime.
03/07/2017
Petition on Panama Papers to be Heard Today by Supreme Court
The Union Government has meanwhile informed the court that it has set up a multi-agency group to investigate the Indian accounts mentioned in the papers.
03/06/2017
The hedge fund boss, the suspended sheriff, a global web of intrigue and a money trail worth millions
Over its short life he paid himself around £34m in salary and benefits.
03/05/2017
Mossack Fonseca founders still under arrest as Panama Papers firm quits New Zealand
Company had, through Nexia BT, set up NZ trusts for Konrad Mizzi and Keith Schembri
03/03/2017
An IP Revolution is coming to the Cayman Islands
The New Patents Law includes a provision which will prevent the assertion of patent infringement in bad faith.
03/03/2017
Premier promotes Cayman in London
The trip will also give us another opportunity to reaffirm our stable, diversified and growing economy and the great opportunities that exist to invest and live in the Cayman Islands.
03/02/2017
Law Society slams ‘damaging speculation’
Legislators claim private investigators hired to follow them
03/02/2017
Cayman and BVI poised to benefit from forecast Islamic finance growth
The industry is developing new products we are seeing more Shariah compliant retail and corporate banking and trade finance products coming online.
03/02/2017
Ogier advise on deal to buy iconic Cheesegrater building in second-biggest London property transaction on record
The building is fully let and is said to charge the highest rents in the City.
03/01/2017
Cayman lawsuits challenge valuations of delisted Chinese companies
Hedge funds claim that Bona Film and other groups were worth more when taken private
03/01/2017
Offshore finance – a view from Jersey
Financial activity from Jersey supports directly and indirectly an estimated 250,000 jobs in the UK.
03/01/2017
Motion not harming offshore, MLAs insist
The independent members, however, claim the current law already prohibits the practice.
03/01/2017
Law firms accused of owing Cayman Islands millions in fees
International law firms practicing Cayman law without a licence are under fire from opposition members of the Legislative Assembly on the offshore center who say they owe the nation $50 million in fees over the past decade.