Managers of Wealth Offshore

FIFA bribery suspect agrees his extradition to Nicaragua

It will then be for the US authorities to state whether or not they agree to Nicaragua being given priority

Further judgment in Tchenguiz case

Guernsey's Court of Appeal has handed down a further judgment this week in the long-running litigation concerning the Tchenguiz Discretionary Trust (TDT).

Former Director of Virgin Islands Public Finance Authority and Others Charged With Conspiracy and Bribery

This case is being investigated by the FBI’s San Juan Division

Half million pound FCA fines against Luxembourg directors upheld

ARM was a securitisation vehicle based in Luxembourg which issued bonds and used the proceeds to invest in traded life assurance policies (also known as senior life settlement policies). ARM’s Bond Programme was registered with the Irish Stock Exch

Bank Slams Baha Mar’S ‘Inflammatory’ Conspiracy Allegation

The debtors’ allegations in this regard are inflammatory and, in any event, are irrelevant to the matters before the court.

Volaw establishes presence in Cyprus

Volaw’s presence in Cyprus is part of a growth strategy that has already seen the establishment of a presence in Zurich

JFSC warns against fraudulent website

The JFSC had recently been made aware that CMIC is offering investment advice to Jersey residents through unsolicited telephone calls.

All that glitters

The financing will facilitate the development of the company’s Wassa and Prestea underground mines located in Ghana.

Statutory mergers and consolidations in the British Virgin Islands

The merger and consolidation provisions adopted in the IBC and then carried into the BCA were similar to those then found in Delaware company law.

Cause judgement to be given in NIB’s case; Kwame Pianim appeals to C J

The bank, whose debt had risen to $107 million with a daily interest of $20,000, is asking the Court of Appeal to quash the Commercial Court’s decision because it was defective.

Wealth planning update - Withers

With this newsletter we would like to bring to your attention a number of international developments that are likely to be relevant for clients and their advisers alike.

Ogier Cayman and BVI advises on the recommended cash offer for Promethean World plc

Angus Davison said: “The involvement of Cayman and BVI companies in public M&A transactions is becoming more widespread. This is an excellent example of the ability of our cross-border corporate practice to advise not just bidders and issuers, b

Tracing a new path - The final word - The Federal Republic of Brazil & Anor v Durant International Corporation & Ors

The Plaintiffs claimed that the Funds had made their way to Jersey via unidentified black-market currency dealers (

Treatment of companies managed outside Jersey

Jersey companies may (contrary to the default position) be treated as exclusively tax resident in jurisdictions other than Jersey pursuant to Article 123(1)(a) of the Income Tax (Jersey) Law 1961.

Offshore law firm advises Integrated Alternative Finance

Debt financing was provided by five regional lenders, while equity funding was provided by the Taj Dubai’s owner through Downtown Investments Limited.

Bermuda takes steps to satisfy third country requirements

The European Securities Market Authority is currently considering which non EU jurisdictions or ‘third countries’, may be granted passport rights under the Alternative Investment Fund Managers Directive (AIFMD).

Additional CIMA-Webb connections identified

All have recused themselves, chairman says

Australian tax data exchange unlawful, court rules

A judge’s ruling that the Cayman Islands Tax Information Authority acted unlawfully when it handed over a trove of documents on two Cayman-registered companies to Australian tax authorities has been upheld by the Court of Appeal.

Fiscal Transparency In The Cayman Islands

The Cayman Islands have an extremely open, accountable and transparent government and regulatory system.

Marketing and Sale of Securities by a Foreign Entity in the Cayman Islands

The Cayman Islands is recognised as one of the world's premier financial and banking centers.

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