Managers of Wealth Offshore

BVI AEOI Reporting Deadlines Extended

Where Trident Trust provides director and/or trustee services to the financial institution (FI), we will handle the necessary FATCA and/or CRS enrolment and filing.

Insolvent Trading – British Virgin Islands Companies

A director may be held personally liable if, on the application of a liquidator, a court decides that the director knew or ought to have concluded prior to commencing formal liquidation that there was no reasonable prospect that the company would avoid go

MFSA's new anti-money laundering team probes 25 fresh cases

Of 105 cases opened last year, 25 related to money laundering

Launch of the Inaugural Appleby China Roadshow

The roadshow will be hosted via a series of webinars throughout June delivered in Mandarin.

Appleby Mauritius Advises and Protects the Interests of Minority Shareholder Amidst Shareholder Dispute

Appleby Mauritius advised the Applicant, a minority shareholder which holds stakes in a joint venture company, invested in the transportation of crude oil and other oil products in Africa.

Ogier associates admitted as attorneys at law in Cayman Islands

Both Samantha and Kayla joined Ogier's Articled Clerkship programme, which aims to foster, support and develop local talent in the Cayman Islands, in September 2018. Kayla had previously been a summer intern at the firm.

Doctrine of mistake and rule in Hastings-Bass

The Court also made plain that it is no part of its function to take steps to improve the taxation position of the applicant.

BVI Reporting FIs – Have you got your AEOI policies and procedures in place?

The notice notes "failure to comply with the request is an offence and is liable on conviction to a fine not exceeding one hundred thousand dollars (US$100,000.00).

Financing and Money Services (Amendment) Act 2020 is brought into force

By way of legal update, on 30 April 2020, the Minister published a notice in the Gazette bringing the Amendment into force as of 4 May 2020.

Appleby Advises on New Recovery Fund Foundation

Appleby acted as Cayman attorneys advising in relation to the establishment of the foundation.

Conyers Wins Offshore Law Firm of the Year and Two Deal Awards at 2020 IFLR Asia-Pacific Awards

These recognitions are encouraging and prove our capability to tackle the most complex and challenging legal matters.

New allegations against Juan Carlos

As part of the administrative assistance, the latter sent its findings about Juan Carlos' secret account to the Spanish national court, which is investigating suspected money laundering, tax evasion and corruption.

Focus on Injunctions in the light of Paraskevaides - Full and frank disclosure in the BVI

These issues are important for litigants in the BVI because urgent ex parte injunctions are often needed – or said to be needed – at the outset of the international disputes that comprise the BVI Commercial Court's workload.

Bermuda’s approach to defective trustee appointments

Hargun CJ recognised that granting the orders sought would not ratify the plaintiff’s actions as de facto trustee

The 2020 Cayman Islands Real Estate Guide

First published by Chambers Global Practice Guide: Real Estate, Cayman Islands.

Mauritius Minister of Finance, Economic Planning and Development issues regulations under the Mauritius Companies Act 2001 and the Insolvency Act 2009

The passing of regulations of the nature outlined above by the Government of Mauritius

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