05/27/2020
The winding up application formed the final phase of the Group’s cessation of business in Guernsey, announced in July 2016, as part of Standard Chartered Bank’s (SCB) centralisation of its trust and fiduciary services offering to Singapore.
05/27/2020
The Act and the BVI Guidance Notes on CRS require that all BVI Financial Institutions establish
05/27/2020
As a central part of their preparations for lifting lockdown restrictions, businesses should focus on the views and concerns of their employees and speak to their staff about the options as well as any variations to contracts and policies.
05/27/2020
ACIA Aero owns over 50 regional aircraft and provides aircraft leasing and lease management services worldwide to both passenger and freight lessees.
05/27/2020
The guide sets out what sanctions are, why financial sanctions are used, who is subject to financial sanctions, and how subjects can remain compliant with any sanctions regimes that are extended to the BVI.
05/27/2020
The Carey Olsen team, led by partner Tom Carey with support from senior associate Chris Hutley-Hurst and associate Felicity Wai, provided Guernsey legal, regulatory and tax advice to DBAG in respect of the formation, structuring and launch of Fund VIII.
05/26/2020
Bank was fined for its failure to reply to two 2017 requests for information
05/26/2020
The Carey Olsen team advising on the launch was led by partner Chris Griffin, assisted by associate Stephanie Hobbs.
05/26/2020
As part of its scrutiny of cross-border tax evasion, the Tax Office said it was reviewing schemes that involve foreign companies or individuals lending to Australian businesses that were unable to secure traditional finance and that produced financing arr
05/26/2020
Andrew specialises in all aspects of international wealth structuring in the Cayman Islands and British Virgin Islands.
05/25/2020
Conyers Latin America group advises clients located in or transacting with Latin America on the laws of Bermuda, BVI and the Cayman Islands.
05/25/2020
Research revealed the top 100 individuals who have the knowledge, skill and determination to negotiate with the toughest opponents through the hardest circumstances.
05/24/2020
In Q1 2021, the Commission will publish legislative proposals "to deliver a single rulebook in the field of AML/CFT, based on a thorough impact assessment.
05/24/2020
Attorney General Samuel Bulgin lent his support to the bill, stating that it strikes a balance between new, innovative ways of conducting business and the public interest.
05/24/2020
The CFTAF rated Cayman only partially compliant in terms of beneficial ownership transparency, citing challenges in verifying the information and a lack of effective sanctions for non-compliance.
05/22/2020
Private funds and limited investor funds existing prior to 7 February 2020, as well as new private funds launched between 7 February 2020 and 6 August 2020, have until 7 August 2020 to register with the Cayman Islands Monetary Authority
05/22/2020
The study compared data on aid disbursements from the World Bank with foreign deposits from the Bank for International Settlements (BIS), focusing on 22 aid-dependent countries including Kenya, Uganda and Tanzania.
05/22/2020
CICA Decision Ting Chuan’s appeal of the refusal to strike out decision was dismissed and the Petitioner’s appeal of the stay was allowed.
05/22/2020
The Courts in all of the jurisdictions above have proactively moved towards virtual hearings to facilitate the continued conduct of Court business.
05/22/2020
At a closed-door videoconference of EU finance ministers on Tuesday, Estonia, Hungary and the Czech Republic opposed the plan, according to three officials who attended the online meeting.