09/17/2015
Odebrecht's Alleged Money Man Points Brazil Probe to Banks
Propsecutors say investigators have uncovered correspondence between international banks and Freiburghaus about Brazilian clients, including former Petrobras employees
Legal
09/17/2015
US Justice Department Announces Two Banks Reach Resolutions Under Swiss Bank
These banks will collectively pay penalties totaling more than $11 million.
09/16/2015
New Australian laws to crack down on global firms avoiding tax
Under this new law, when we catch companies cheating, they will have to pay back double what they owe, plus interest
09/16/2015
CIMA Filings for Mutual Funds
The Cayman Islands Monetary Authority has published a new rule and regulatory procedure regarding the cancellation of a licence or certificate of registration of a Cayman Islands regulated mutual fund.
09/16/2015
Offshore law firm appoints funds and corporate partner
He is a Guernsey advocate, South African attorney and English solicitor. Legal directories describe him as technically excellent with great communication skills.
09/16/2015
ICSA Jersey Awards Short List
Judging has taken place for the ICSA Jersey Awards 2015 and the shortlisted nominees decided. Competing for six Awards, including a newly introduced Award to celebrate excellence in Risk and Compliance, entries from individuals and teams representing the
09/15/2015
Cayman Islands: Outsourcing For Regulated Entities: CIMA Guidance
The SOG will apply inter alia to, banks, administrators, insurance companies and SIBL entities regulated in the Cayman Islands. It is not intended to be prescriptive, but sets out CIMA's minimum expectations regarding outsourcing.
09/15/2015
MLA: Lawyers law must address Caymanian hiring
The “goals” advocated by Mr. Connolly include “removing barriers” to the participation of Caymanian attorneys at local law firms
09/15/2015
Two Collas Crill lawyers named in E-Privateclient's 'Top 35 Under 35'
The 'Top 35 Under 35' list is designed to identify, recognise and promote the rising stars of the private client profession.
09/15/2015
Why Panama Remains a Money Laundering Haven
One of the main sticking points in these ongoing negotiations has been Panama's limited regulation of bearer shares.
09/15/2015
CIMA petitions to wind up Belvedere-owned Brighton SPC
According to CIMA, the sole investment asset of the Kijani Funds was actually a loan to Gibraltar-based firm Kijani Resources
09/15/2015
Malaysia to Allow Swiss to Question Witnesses in 1MDB Probe
Investigation into state investment fund involves corruption allegations against prime minister
09/14/2015
Relocating to Jersey as a High-Value Resident by Tim Hart
The legal framework for applications for high value residency status is provided by the Control of Housing and Work (Jersey) Law 2012 (the 2012 Law)
09/11/2015
Collas Crill named Legal Team of the Year at STEP Private Client Awards
The awards, now in their tenth year, set the industry standard and highlight excellence among private client practitioners.
09/11/2015
Asian Family Offices as Cornerstone LPs by Matthew Egerton-Warburton, Withers
Over the past two decades a substantial amount of private wealth has been created in Asia. There are now a large number of newly wealthy individuals and families in Asia grappling with the problem of maintaining and growing excess capital.
09/11/2015
Trust Disputes: when the protector stops protecting - Withers
This case, known as the 'K Trust', demonstrates that the courts can intervene to remove a protector whose approach was no longer considered to be in the best interests of the beneficiaries.
09/11/2015
Fox Rothschild, Virgin Islands Reach Temporary Deal in Tax Beef
The firm has also alleged that the defendants unlawfully disclosed taxpayer information.
09/10/2015
Offshore law firm welcomes leading funds specialist
Has further consolidated its dominant position within Jersey's fund industry with the hire of new partner
09/10/2015
New Partner for International Private Client Team
She was recently acknowledged for ‘spearheading a group of Jersey trustees in agreeing the wording for the FATCA guidance notes for Jersey.'
09/10/2015
Bob ‘Bad Bank’ Got Security For Realtor’S $9.4m
A rough Tribune Business calculation showed that the collective value of the past due principal, based on the documents obtained, amounts to just over $31 million.