01/08/2016
Swiss banker settles German tax probe
The bank has said it never set up or distributed such products and Eric Sarasin has also denied that he was involved in such a scheme.
Legal
01/08/2016
Islamic finance continues to grow in the BVI
Senior Associates Hamish Masson and Ian Montgomery contributed this BVI Report in the new Annual Guide from Islamic Finance News.
01/08/2016
Harneys starts 2016 with three new partners
Each of these dynamic lawyers has proven their ability and dedication to the firm over a period of time.
01/08/2016
Mourant Ozannes advises on £152.6M takeover of Japan Residential Investment Company Limited
It holds a large, diverse portfolio of residential properties in Tokyo and other major cities of Japan.
01/08/2016
Carey Olsen advises on a £40m real estate investment fund
Jersey's Private Placement Fund regime is growing in popularity, with a number of new fund managers looking to take advantage of its fast-track regulatory approval process.
01/08/2016
Channel Island promotions at Carey Olsen
We are committed to developing our practice teams across the group both through internal promotion and recruitment and I congratulate them as they move on to the next level in their careers.
01/08/2016
New entries in leading list of powerful women in the finance sector
The list celebrates powerful women from diverse backgrounds and fields and provides insight into their thoughts on business excellence, role models and on giving back to their communities.
01/07/2016
Management Buyout Of Appleby Fiduciary Business Completes
The Appleby Group has provided us with a solid foundation from which to build our new fiduciary brand, which we expect to launch in the first quarter of 2016.
01/07/2016
Cayman regulator has jurisdiction over fraudster company but ignores its responsibilities By Kenneth Rijock
The Cayman Islands Monetary Authority (CIMA) has denied that it has jurisdiction over B & C Capital Ltd, Ryan Bateman's Cayman corporation that stole over $450 million from investors, on the grounds that it is an Exempted Company.
01/07/2016
French Authorities Investigating Karl Lagerfeld's Taxes
The case is the latest involving allegations of high-end tax evasion in France, where the Finance Ministry has cracked down on fraud in recent years to ease budget strain.
01/05/2016
Trustee Strikes $25 Million Settlement With Madoff Investor
Irving Picard reaches deal with Vizcaya Partners as well as with Vizcaya’s investors and their bank
01/05/2016
Saint Lucia Offers Citizenship to Wealthy Investors
The regulations require that applicants have a net worth of US$3 million.
01/04/2016
Former Catalan chief to go to court over alleged money laundering
The judge assumed jurisdiction in the case that was originally opened by a court in Barcelona against the couple and three of their children after the former Catalan leader in 2014 admitted publicly that had hidden a considerable amount of money in Andorr
01/04/2016
Permission possible for film tax probe
The evidence will be used in a case involving Frank Agrama, a film producer who is alleged to have been Berlusconi’s agent in the multimillion- euro scheme.
01/04/2016
HSBC's Swiss unit facing German tax probe -SonntagsZeitung
Lawyers for HSBC are negotiating with authorities for a settlement which should also include a solution for the employees
01/04/2016
Art dealer Wildenstein accused of huge French tax fraud
This “hidden” estate consisted of properties in New York and the Virgin Islands
12/31/2015
'World's most famous hacker' to speak in Cayman
Kevin Mitnick – often referred to as “the world’s most famous hacker” – is now a security consultant to Fortune 500 companies and governments worldwide.
12/30/2015
The Cayman Islands LLC is Coming
This paves the way for the introduction of a new type of corporate vehicle in the Cayman Islands: the Limited Liability Company (the “Cayman LLC”).
12/29/2015
Will the World's Costliest Resort Ever Open?
It was meant to be “the world’s glamorous, new playground.”
12/24/2015
CAYMAN ISLANDS: New Trade and Business Licensing Law
The Law now allows for revocation or refusal of a licence where a person is carrying on or intending to carry on trade