03/28/2019
Police raid Swedbank headquarters amid money laundering probe
Police raided the headquarters of Swedbank this morning as part of a probe into insider trading.
Legal
03/27/2019
Guernsey substance rules – the Banking and Finance perspective
Guernsey tax resident entities which carry on relevant activities will need to demonstrate that they carry out core income generating activities (CIGA) in Guernsey.
03/27/2019
Jersey's Lumiere fraud victims to receive £785,000
Bryne was sentenced to seven years in prison last year,
03/27/2019
MEPs vote for change in ‘tax haven’ Malta, phasing out of cash for passports
It recommended new legislation and the creation of new bodies at both EU and global level, including an EU financial police force and an EU anti-money laundering watchdog.
03/27/2019
Collas Crill Advises on Another Medicinal Cannabis Investment
The European medicinal cannabis industry, whilst legalised and well regulated, can still prove difficult to navigate in light of the complexities of modern anti-money laundering and proceeds of crime legislation.
03/26/2019
Jersey International Savings Plans - Appleby
This might include a pay-out upon the end of employment or ill health. Depending on requirements, an ISP can provide either an alternative to or complement traditional benefits such as a pension scheme.
03/26/2019
Cayman Islands: Every Ending Is A New Beginning by Spencer Vickers Conyers Dill & Pearman
This quarter's article reviews the recent case law in relation to anti-suit injunctions and strike out applications in the Cayman Islands.
03/25/2019
Re Dai Guoliang 2019 HKCFI 597 – A Tool to Bear in Mind in the Asset Recovery Toolbox
There is no dispute over the existence of the debt
03/24/2019
Walkers to Sponsor 9th Annual Global Fund Finance Symposium
Walkers was among the first international firms to work on equity fund subscription credit transactions and hedge fund financing platforms
03/24/2019
Angola Says It Recovers $3.35 Billion of Assets From Quantum
It included about $2.35 billion of financial assets held in U.K. and Mauritius banks, and $1 billion of real estate holdings in hotels, gold mines, farms and resorts in the country and abroad, it said.
03/22/2019
Have you been true and full? A limited partner's right to information
The application was made in the context of a wider dispute between two individuals as to the ultimate beneficial ownership of the LP, a dispute which is the subject of an ongoing arbitration in Hong Kong.
03/22/2019
Recognition for Ogier partner
"This is an exciting time in the firm generally and in the Luxembourg team specifically, and we look forward to making further announcements about our growth and targeted key recruitment in the coming weeks."
03/22/2019
In Your Court: Offshore Dispute Resolution Review - March 2019
The jurisdiction has a reputation for dealing with complex financial services and commercial litigation based on the relevance of its legislation, the reliability of its court system, and the experience of the professionals who work here.
03/21/2019
Walkers Bermuda to Speak at the Bermuda Executive Forum in New York
Walkers Bermuda* partner Jonathan Betts will also be in attendance.
03/20/2019
Cayman Islands: Employer faces ‘historical’ pension charges
The National Pensions Law came into effect on June 1, 1998.
03/19/2019
Cayman Government: New anti-money laundering plan under way
“It is going to find that we have some areas we need to improve on our anti-money laundering and counter-terrorist financing systems.”
03/19/2019
EU Updates its Blacklist of Non-Cooperative Jurisdictions in Taxation Matters
All three Crown Dependency governments introduced legislation in 2018 requiring businesses that operate on the island to demonstrate adequate economic substance
03/19/2019
Cayman Senior Associate achieves full STEP membership
Mourant is committed to delivering unrivalled client service, and one of the ways that we do this is by providing our people with the tools and opportunities to achieve their career ambitions with us."
03/19/2019
Global collaboration on Panama Papers delivered higher rate of reform
Major outcomes continue to unfold nearly three years on from the global investigation known as the ‘Panama Papers’, first unveiled in 2016
03/18/2019
Appleby shortlisted as International Law Firm of the Year
Appleby has a thriving private client and trusts practice in some of the most well-regulated and highly regarded offshore jurisdictions for the creation and administration of trust structures.