04/19/2021
Bedell Cristin to speak at PCD Club Cayman update
The session will discuss the latest trends and information on Cayman residence, investment, fund and wealth structuring for HNW families organised by PCD Club on 21 April 2021.
Legal
04/19/2021
Channel Islands Funds Quarterly Update: Q1 2021
The consultation paper proposes additions to the Finance Sector Code of Corporate Governance
04/16/2021
Carey Olsen a finalist for WealthBriefing European Awards 2021
More than 80 firms have been selected as finalists, with Carey Olsen among the 18 shortlisted for the private client categories, which includes Best Offshore Law Firm.
04/16/2021
HSBC wins London court fight with liquidators of bank owned by Allen Stanford
Liquidators of Stanford International Bank, which was incorporated in Antigua, complained that HSBC bosses should have been quicker to freeze Stanford International accounts.
04/16/2021
Billionaire Robert Smith’s Lawyer Kepke Charged in Tax Case
Kepke allegedly helped Smith avoid taxes through entities
04/16/2021
Walkers Ireland LLP receives top tier rankings across multiple practices areas by Legal 500 2021
Once again capital markets lawyer and managing partner, Garry Ferguson, has been listed in the 'Hall of Fame' category.
04/15/2021
BNF Bank distances itself from former manager facing money laundering charges Business
In a statement, BNF said Buttigieg retired from the bank in 2018.
04/15/2021
Financial Services Industry in The Bahamas Welcomes New Act
Banks in resolution must prepare and submit periodically to the Central Bank a “recovery plan” which provides for the rapid and orderly recovery of such bank
04/15/2021
Malta involved in Italian fuel tax fraud investigation worth €1 billion
€600 million in assets seized and 23 people arrested.
04/15/2021
Cayman Islands: the new ground zero for US hedge funds engaging in share appraisal litigation
The concomitant of an increasing number of take-privates is an increasing number of dissenter disputes concerning fair value.
04/14/2021
Mourant successful in resisting an out of time appeal
Mourant Partner Christopher Edwards, Counsel Sandra Duerden and Associate Rowan Coffer worked on the defence.
04/14/2021
Royal Court confirms Guernsey Financial Services Commission period
The GFSC opposed the application on the basis that the law set an appeal period of 28 days; and there was no discretion to extend that.
04/14/2021
Collas Crill Advises Curaleaf on Acquisition of EMMAC Life Sciences Limited
The company intends to substantially increase its cultivation capacity in 2021 to facilitate anticipated growth through increased access to the use of cannabis across major European and export markets.
04/14/2021
Swiss money laundering probe eyes Lebanon central bank chief: report
Contacted by AFP, the Swiss attorney general's office confirmed Tuesday that its aggravated money laundering probe involving Lebanon's central bank was ongoing, but refrained from further comment.
04/14/2021
Cayman Islands: the new ground zero for US hedge funds engaging in share appraisal litigation
The rights afforded to so-called dissenting shareholders, being those shareholders who have dissented from a take-private merger or consolidation and therefore rejected the price offered to them for their shares, has in recent years been subject to consid
04/14/2021
Lawyers remain laggards in adopting money laundering risk assessment tools
Only 57% of lawyers had a business risk assessment in place last year, placing them last in a list of sectors that includes credit institutions, gaming companies, trust services providers, notaries and accountants
04/14/2021
Carey Olsen supports Kavak on latest funding round as it hits US$4 billion valuation
Working alongside onshore counsel Gunderson Dettmer, the Carey Olsen team advising Kavak on the Cayman law aspects of its latest financing round was led by corporate partner Alistair Russell, assisted by associate Emily Cornhill.
04/13/2021
The war against money-laundering is being lost
The global system for financial crime is hugely expensive and largely ineffective
04/13/2021
Professional Services: A flight to quality
o this day, it remains a leading private equity and hedge fund jurisdiction, and continues to excel globally in banking, capital markets, trusts and fiduciary services.
04/13/2021
Collapse of Jersey-based Football Index faces new UK probe
A government source was quoted as saying that "something appears to have gone very wrong here