05/22/2020
This alleged non-residence led Hargreaves to claim he was not liable to capital gains tax on a gain of £200 million arising on the disposal of Matalan shares during its time as a public company.
05/22/2020
Banks that participated in the loan facility to Lu’s investment vehicle have signaled they plan to sell Luckin shares pledged as collateral, though its unclear whether they’ve started offloading the stock or how much money they’ll be abl
05/22/2020
Regulations are in place — but 99 percent of criminal proceeds still escape control in the EU.
05/21/2020
This article delves briefly into areas where a director may become personally liable for actions taken when the company is experiencing financial difficulties.
05/21/2020
Bethel said some 116 persons charged before the courts, 79 prosecutions and 46 money laundering convictions.
05/21/2020
Jersey and Guernsey trusts are an essential part of the toolkit
05/21/2020
A private equity fund vehicle (as with any BVI-registered company or a limited partnership) is required to maintain both a registered agent and a registered office in the BVI.
05/21/2020
The auditor tried to have the claim thrown out but the appeal failed and the case will proceed.
05/21/2020
An overview of Guernsey legislative and regulatory developments for the period 18 February 2020 to 15 May 2020.
05/20/2020
The States of Jersey appointed Carey Olsen and Slaughter and May to advise on the RCF.
05/20/2020
The Guernsey Ecclesiastical Court issues a Grant of Probate if the deceased left a Will or a Grant of Administration if they died intestate.
05/20/2020
The Commission intends to deliver on all these actions by early 2021.
05/20/2020
First, any member or former member of a defined contribution pension plan or local retirement product, who has not attained normal retirement age and has not retired, will be able to obtain a refund of up to $12,000 of their vested pension balance.
05/20/2020
Secondly, Walkers acted as Bermuda counsel to NCLC as it closed its private offering of $862.5 million aggregate principal amount of its 6.00% exchangeable senior notes due 2024 (the “Exchangeable Notes”) on 11 May 2020.
05/19/2020
Auditor accused of failing to uncover fraud at fund that collapsed, owing investors £40m
05/19/2020
The judgment is a salutary lesson in a number of ways.
05/19/2020
Relevant documents may now be provided to the Financial Reporting Council in an electronic form as part of a review of the practice of an auditor.
05/19/2020
The effect of these amendments is that companies are given more time to pay debts exceeding MUR250 000 and creditors cannot put a company in liquidation for sums of less than MUR250 000.
05/19/2020
Care should be taken when selecting employees to return.
05/19/2020
The announcement also advised that, should Luxembourg and Portugal not amend their legislation in the next four months