Managers of Wealth Offshore

7MB resort under pension probe

CNS was informed by workers from the resort that at least a year’s worth of contributions were missing from some pension accounts.

Government awards £252m PPE contract to private equity firm

Ayanda Capital Limited, owned through an offshore holding firm based in the tax haven of Mauritius, secured deal to supply an undisclosed number of face masks

Two at Mourant win STEP Excellence Award

Jamie completed his Diploma (typically taking two years) in just six months, while achieving a distinction in each exam.

Bail-out, bail-in: whose oar is it anyway? - The Bank (Recovery and Resolution) (Jersey) Law 2017

The Law will provide greater protection for depositors and the taxpayer.

Carey Olsen acts in BVI's first major virtual trial since COVID-19 lockdown

It is understood to be the the first fully virtual trial of its kind ever to be held in the BVI.

Nigerian fraudster ‘Hushpuppi’ given St. Kitts-Nevis passport in February 2020 nabbed by FBI

Relying on data carefully analysed from several iPhones belonging to Hushpuppi, the FBI was able to discover loads of communications between the suspect and his collaborators

Covid-19: Protecting Personal Data– The New Normal

At the same time, their smart home devices are capable of recording confidential conversations and their phones are able to track their movements with increasing precision.

Offshore Business Update - Appleby

The purpose of this report is to help our clients better understand what “business as usual” in our jurisdictions* actually means.

Four Carey Olsen lawyers among Channel Islands Top 35 Under 35

Four lawyers from across Carey Olsen's Guernsey and Jersey offices are featured in the 2020 eprivateclient Channel Islands Top 35 Under 35.

Bedell Cristin lawyers named in Channel Islands top young professionals’ list

She is an Advocate of the Royal Court of Guernsey

Limited partnerships relocating to Jersey: A new statutory pathway for migration

Importantly, the regulations make it clear that the continuance does not create a new legal entity.

Malta's registrar given new powers to check beneficial ownership

The Registrar can now also demand that a company hands over any document or information to confirm the beneficial ownership report it has submitted.

Harneys advises Greenland Global Investment

Greenland Global Investment Limited is the first real estate-focused conglomerate that was recognised as “Fortune Global 500” company in history.

Harneys announces 2020 mid-year promotions

Harneys mid-year promotions also included the appointment of two new directors.

Trustees - finding certainty in uncertain times

Those facing the most uncertainty, and risks of claims, may well be trustees of trusts that hold speculative or high-risk assets including investments in small business start-ups, private equity or venture capital funds, and technology companies

Cayman Islands Voluntary Liquidations 2020

Historically, the timing of the commencement of the voluntary liquidation of a Cayman Islands company was often driven primarily by the desire to avoid incurring the following year's annual government fees.

The New Cayman Islands Private Funds Law- Why Optionality is More Important than Ever

The Law enforces that all closed-ended Cayman fund vehicles are required to register with the Cayman Islands Monetary Authority (CIMA) by 7 August 2020.

Technology in legal transactions

The times we find ourselves living in are presenting us with challenges in all walks of life.

Ireland and Luxembourg: Extension of Reporting Deadlines for DAC6, FATCA and CRS

Ireland and Luxembourg have both announced a six month deferral of the first reporting date under DAC6, the new EU Mandatory Disclosure Regime for certain cross border transactions which carry defined tax hallmarks.

No automatic redemptions in a masterfeeder structure

Update prepared by Simon Dickson (Partner, Cayman Islands) and Jaclyn Pascoe (Knowledge Management, Cayman Islands)

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