Managers of Wealth Offshore

New laws to shake up offshore sector

The new legislation will require offshore companies domiciled in the Cayman Islands to have some form of economic presence

Ogier advises on Transocean Ltd.'s approximately $2.7 billion acquisition of Ocean Rig UDW Inc.

Ogier's corporate team was led by partner Bradley Kruger, and included senior associate Cynthia Anandajayasekeram and associate Ross Wilding.

Why all Guernsey homeowners need to make a will

The process of obtaining an Administration Order is rarely looked upon as a pleasant experience for the applicant

Appleby Cayman advises on the take private of AmTrust

The transaction values the fully diluted equity of AmTrust at approximately USD2.95 billion, excluding AmTrust’s preferred stock.

At A Glance Guide to Lasting Powers of Attorney

The Royal Court of Jersey can now also appoint a 'delegate' to make health and welfare or property and financial decisions where a person does not take the opportunity to draw up a LPA but who then loses mental capacity so is unable to do so.

Police raids were not the fault of Deutsche Bank management, CFO says

Deutsche Bank offices were raided by German police last week.

Getting the Deal Through: British Virgin Islands Complex Commercial Litigation

Much of the complex commercial litigation in the BVI has an international element to it

“Pre-eminent in the BVI” – Harneys retains its top tier ranking from Legal 500

Our clients say we are “pre-eminent in the BVI”, our “level of service is extremely high” and we are “always proactive and diligent

Research Funders Make Secretive Overseas Investments: Report

An investigation by Science reveals that charities’ investments support activities opposed to their own missions, such as human health and environmental protection.

A South African's guide to moving to and making it in Malta: A mark, a yen, a buck or a pound

The move had come after a joint inspection and audit by the MFSA and Financial Intelligence Analysis Unit had found shortcomings in the bank’s anti-money laundering procedures.

Appleby launches global technology guide

Appleby has led the way amongst the offshore firms by establishing its Global Technology and Innovation Group.

Legal directory recognition for Carey Olsen's Asia practices

The 2019 edition of the legal industry guide sees Carey Olsen ranked alongside other major offshore law firms in the offshore section of the rankings.

Changes to the rights and responsibilities of landlords and tenants in Jersey

The legal distinction between a tenant and a licensee or lodger is maintained

Cox Hallett Wilkinson Attains Top Tier Ranking

IFLR1000 researcher’s concluded that as a top tier Bermuda firm, “Cox Hallett Wilkinson was kept particularly busy with several large financing and capital markets transactions over the past year.”

Economic Substance Requirements For Guernsey

The COCG were concerned that this “increases the risk that profits registered in a jurisdiction are not commensurate with economic activities and substantial economic presence”.

CAB to seize funds from company that sold encrypted phones

The High Court today granted the CAB orders which allow it to hand the money in the Dublin accounts over to the State.

Jersey authorities hope Lumiere case keeps investors vigilant

Lumiere Wealth managing director Christopher Byrne was jailed for selling fraudulent investments

Jersey insurance firm investigated for 'potential fraudulent activity'

Le Breton explained: "We have informed our regulator, the Jersey Financial Services Commission, along with the States of Jersey Police - Joint Financial Crimes Unit and the matter is subject to their investigation."

Cayman’s foreclosure laws under review

Official statistics produced by the Cayman Islands Monetary Authority show a significant and steady decrease in recent years from 27 completed residential foreclosures in the second quarter of 2016 to nine in the first quarter of 2018.

‘Hope’ for Abraaj as court allows restructuring

Abraaj Holdings and Abraaj Investment Management filed for provisional liquidation in the Cayman Islands in June this year and since then several bidders have emerged for various Abraaj funds.