03/18/2021
Anti-Money Laundering Laws and Penalties in the UAE
This article will discuss the most salient aspects of the AML Law as well as any penalties flowing from its contravention.
03/17/2021
Cayman Islands under scrutiny by task force
The amendments include the removal of the Cayman Islands from the list of equivalent jurisdictions and its addition to the list of countries and territories which may present a higher risk of money laundering and terrorist financing.
03/17/2021
This guide covers common issues in M&A laws and regulations
03/17/2021
The restructuring of Luckin Coffee is intended to be implemented by way of a scheme of arrangement, to be sanctioned by the Cayman Islands Grand Court, with certain milestones being set out in the RSA that must be achieved for it to proceed.
03/15/2021
Common law recognition of foreign insolvency proceedings survives in the BVI, and assistance is statutory
The Court ordered the Trustee in bankruptcy to take steps in the BVI to register himself as shareholder of Net International in accordance with the company’s articles.
03/15/2021
The pair, who are awaiting trial, faces around 80 counts of conspiring to obtain money under false pretenses, according to prosecutors.
03/15/2021
A problem that often arises in offshore practice is the need to take action against, or in the name of, a company that has been struck off or dissolved.
03/15/2021
The Jersey Tribunal found that it could not intervene in a failure to claim under the co-funding scheme; it had to consider the terms of the contract and whether there had been a breach of contract by the employer.
03/15/2021
The acquisition, which is proposed to be implemented by means of an Isle of Man law-governed scheme of arrangement, values the entire issued and to be issued share capital of RDI REIT at approximately £467.9 million on a fully-diluted basis.
03/12/2021
The Court ordered the Trustee in bankruptcy to take steps in the BVI to register himself as shareholder of Net International in accordance with the company’s articles.
03/11/2021
Swiss lawmakers have agreed to revise the money laundering law but have rejected new rules for lawyers, notaries and other consultants.
03/11/2021
This order is significant because BVI courts have been reluctant to grant committal orders, much less against personal judgment debtors outside the BVI.
03/10/2021
The Environmental Business Operations Award and Standard is an international benchmark and serves as an environmental management system to measure, manage and minimise an organisation's environmental impact.
03/10/2021
The purchase, which builds on Ocorian's acquisition of Newgate Compliance in December, enables the firm to able to provide end-to-end administration services and compliance and regulatory services in Guernsey.
03/10/2021
The Perpetual Securities were listed on the Singapore Exchange Securities Trading Limited on 3 March 2021.
03/10/2021
Ogier assists £300 million Hillview Real Estate fund with acquisition
Individual investments are expected to range between £10 million and £25 million and provide significant scope for value enhancement through active asset management, including repositioning of properties and restructuring of leases.
03/10/2021
The listing values Fix Price at US$8.3 billion, making it the largest ever listing for a Russian retailer and also the biggest Russian IPO for more than a decade.
03/10/2021
The first Cayman company initial public offering and primary listing on the Mainboard of the SGX-ST in more than four years
The offering comprised a placement tranche of 18,696,000 shares and a public tranche of 3,000,000 shares, both of which were oversubscribed. The shares were offered at S$0.66 per share.
03/09/2021
Joachim Alexander von der Goltz repaid the U.S. government more than $230,000 after admitting to financial crimes revealed by the ICIJ investigation.
03/09/2021
This is a really unique opportunity to gain exposure to the ESG and Impact at specially selected local businesses and organisations striving to transition Hong Kong to a sustainable economy.