Managers of Wealth Offshore

Anti-Money Laundering Impact on Funds in the BVI

It deals in broad terms with the requirements of BVI law.

Law amended on validity of wills

Under common law conflict rules, the formal validity of a will of immovables, such as land or real estate, depends on the law of the country where property is located

Gibraltar insurers to lose passporting rights

That said, those companies that do write business in the other 27 EU countries will have to make contingency plans or cease to underwrite this business, the agency warned.

Legal 500 recognition for Carey Olsen's Cayman Islands practice

The office has moved up to tier two for dispute resolution and into tier three for investment funds, which is referenced as a 'growing practice' for Carey Olsen.

Ward Yates advises on loan facility

Ward Yates, led by Partner Elaine Kelly, worked with MTD's onshore counsel, Allen & Overy

Alice Bricogne awarded senior associate of the year at the Future Leaders Awards

Alice has also received praise for her "pragmatic approach" in Chambers UK 2019 and is described in the Citywealth Leaders List as representing "the future of the industry".

Economic Substance Requirements in Bermuda

In keeping with its commitment to tax transparency, the Government of Bermuda is addressing proposals raised by the EU Code of Conduct Group regarding economic substance.

Carey Olsen seminars highlight need to be prepared for increasing frequency of regulatory investigations

With recent research by accountancy group UHY Hacker Young reporting that HMRC had increased its yield from criminal investigations by 31% over the past five years

Jersey funds choosing Carey Olsen, according to new industry research

Carey Olsen now provided legal advice to 670 such funds at the end of June 2018

Cayman’s Data Protection Law in force from September 2019 - Appleby

The DPL will regulate the future processing of all personal data in the Cayman Islands.

Bearer Shares: Development of the BVI Court's power to appoint Receivers

The Court of Appeal found that Ellis J had failed to appreciate the fact that the Act placed no time limit on the power of redemption.

Cayman under pressure from international regulator

The amendments, required by the Caribbean Financial Action Task Force, will also remove requirements for the authority to get consent from the attorney general before fulfilling international information requests.

UK reaffirms commitments to Jersey in Brexit negotiations

The letter provides confirmation that these objectives have been secured.

Ward Yates advises in Qatari buy

The Ward Yates team was led by Partner Victoria Yates (pictured), with the Linklaters team led by Real Estate and Hospitality Partner Simon Price.

Jersey Finance welcomes CIVs guidance

Central to these provisions for CIVs is the creation of two new elective regimes, a transparency election and an exemption election.

Blockchain Investment Funds: A Cayman Perspective by Gaela Fitzgibbons

The flexible legal framework in Cayman means that fund vehicle can be tailored to meet onshore tax requirements

British Virgin Islands Firm O'Neal Webster Opens New York Office

The opening may portend broader and more direct engagement of offshore firms with onshore clients.

Former Egypt forward Aboutrika handed jail sentence for tax evasion - report

Former Egypt forward Mohamed Aboutrika, one of the country's most famous sportsmen, has been sentenced to a year in jail on charges of tax evasion, local media reported on Tuesday.

Disclosure or eduction? Increased transparency between trustee and settlor may lead to a reduction in disputes

The former can perhaps be more complicated from a trust law perspective, as the long-term relationship between the trustees and the children needs to be taken into account.

Mourant launches lawyer network

Mourant Ozannes is working to deliver a varied programme of future events to explore the issues faced by in-house lawyers at all levels