Managers of Wealth Offshore

Bermuda: Solvency II

Bermuda follows Switzerland as only the second country to date to be granted full equivalence by the European Commission.

Bahamas government asks for more time on megaresort winding up

Baha Mar laid off more than 2,000 workers in October 2015, but still employs a skeleton staff.

Canadian bank accused of facilitating major Caribbean financial crimes

The bank has also been implicated in assisting Ponzi schemers to steal millions of dollars from investors in Florida.

Swiss Bankers Said Ready to Plead Guilty in U.S. Tax Case

Two client advisers from Julius Baer Group Ltd. accused of helping Americans evade taxes are expected to plead guilty in New York on Thursday, when the Swiss bank will resolve its own criminal case by agreeing to pay $547 million, according to two people

Appleby Bermuda sees increase in ILS market share

The global insurance-linked security (ILS) sector continued to grow in 2015, with 49 ILS transactions completed during the year, a new market high.

$104 Million UBS Informant Urges Swiss to Back Whistleblower Law

The role of whistleblowers in Switzerland was back in the spotlight on Tuesday as the court case resumed of a former Nestle SA executive, who claims she was fired after alleging there were lapses in food safety.

French court backs charges against HSBC in tax fraud probe

The court rejected an appeal by HSBC that charges first brought in April for facilitating tax fraud and illegal practices be dropped.

Fund administrators look to broaden value‑added services

That the BVI now has a set of funds – the Incubator Fund and Approved Fund – to complement this lighter touch regulated fund manager regime augurs well for the future.

BVI’s M&A environment still as buoyant as ever

The firm established its BVI office with Corporate, Finance and Litigation practices in 2012, followed 18 months later by its investment funds practice.

Bermuda Corporate Practice Group 2015 Year in Review -

Bermuda Corporate Practice Group 2015 Year in Review 2015 was another active year for the Conyers Bermuda corporate practice. Our workflow paralleled trends in the global markets, which were characterised by a buoyant M&A sector and a skittish ca

Privy Council clarifies position on non-exclusive arbitration clauses in BVI

This is an important clarification. Any parties opting to litigate disputes in the BVI in the face, although not necessarily in breach, of an arbitration clause must accept that it would be advisable to bring arbitration proceedings on Day One.

Hatstone Panama Newsletter January 2016

Continuing a growing trend, several international journals have recently publicised that Panama is one of the best places to retire

In the Courts in 2015: an Appleby review of offshore court decisions

Welcome to the fourth annual issue of Appleby’s round-up of significant decisions of the courts over the course of the preceding calendar year. It is compiled by members of our Dispute Resolution Group in Bermuda, the British Virgin Islands, the Cay

Guernsey and China begin successful law student exchange

It is hoped that Ms Huang's visit will be the first in an ongoing programme between Guernsey law firms and ECUPL students.

Lawyer tells skeptical judge that his client’s tax planning was “aggressive but not illegal.”

The IRS is suing to recover unpaid taxes, interest and penalties on money held in offshore trusts from 1992 to 2013

Appleby on board with Board Apprentice

Appleby has become the latest sponsor and supporter of the Board Apprentice scheme. As Legal Partner, Appleby will be providing legal training to the Board Apprentices.

Ex-IMF, HSBC officials chosen to lead money-laundering unit

Choice of former IMF official to head anti-money-laundering unit stirs criticism

Planning use classes - Jersey’s new regime - Appleby

It is a key tenet of planning law, as reflected in the Planning and Building (Jersey) Law 2002 (the Planning Law), that a material change of use of land requires planning permission.

Taxman steps up Swiss account investigations

Since Australia’s tax treaty with Switzerland was amended at the end of 2014, the ATO has intensified its investigation into holdings in Swiss banks and other financial institutions.

Leading offshore law firm aooints new director

He has a loyal and growing following of clients who value his technical skills, his pragmatic approach and his super quick turnaround times.