10/21/2018
Whistleblowing About Swiss Banks' Bad Behavior Just Became Safer
Another whistleblower whose life has become very difficult after leaking is Rudolf Elmer.
Legal
10/21/2018
Mauritius Government Strengthens
This article discusses the enhanced measures implemented to strengthen the anti-money laundering legislative framework through the Financial Intelligence and Anti-Money Laundering Act.
10/21/2018
Changes to the BVI Banks and Trust Companies Act 1990 and the Company Management Act 1990
These changes are likely to be of particular interest to corporate service providers, family offices and other closely held groups.
10/19/2018
‘Bizarre’ court ruling nets UK taxman £300,000 in IHT case
Ruling leaves ‘a complex, nonsensical web of rules which risk layering on extra worry for beneficiaries’
10/17/2018
OECD clamps down on CRS avoidance through residence and citizenship by investment schemes
Moreover, a number of jurisdictions have committed to spontaneously exchanging information regarding users of CBI/RBI schemes with all original jurisdiction(s) of tax residence, which reduces the attractiveness of CBI/RBI schemes as a vehicle for CRS avoi
10/16/2018
Bedell Cristin merger with Solomon Harris completes
Solomon Harris’ experienced team of Cayman lawyers will add a new level of expertise to Bedell Cristin’s international clients
10/16/2018
Ogier ranked tenth across European law firms on M&A deal value
"Our teams also include lawyers with significant recent onshore experience who are very familiar with the way that City firms operate."
10/15/2018
Burford Capital raises more than $250 million for continued expansion
Burford pioneered institutional-quality commercial litigation finance and has a team in the US, Europe and Asia-Pacific, who work with clients around the world.
10/12/2018
Long Awaited New BVI Limited Partnership Act Introduced
The BVI is also a very well-established jurisdiction for investment managers and advisors seeking to establish and operate an offshore fund, be it a hedge fund, a private equity fund, a real estate fund or a hybrid fund, a regulated or unregulated fund.
10/12/2018
Loans & Secured Financing in the Cayman Islands 2019
First published in Getting the Deal Through 2019
10/12/2018
Security in security - court dismisses challenge to Guernsey Saisie procedure in landmark judgment
Update prepared by Jessica Roland (Managing Partner, Guernsey), Sandra Duerden (Senior Associate, Guernsey) and Iona Mitchell (Advocate & Associate, Guernsey)
10/12/2018
BVI Positioning for International, Direct Investment
The BVI has a stable and efficient legal system.
10/12/2018
Bermuda: Privy Council Considers The Personal Liability Of Trustees
The Privy Council held that the Jersey trust law limits a trustee's liability to a third party where that third party knows that they are contracting as a trustee, which was the case in this instance.
10/11/2018
Carey Olsen supports Epiris on launch of £821 million buyout fund
The fund's strategy will be focussed on targeting UK-headquartered business with an enterprise value of between £75 and £500 million, investing between £40 million and £150 million of equity in each investment
10/11/2018
Cayman Islands Court of Appeal overturns antisuit injunction in favour of Argyle Funds SPC Inc
The Court of Appeal disagreed with BDO Cayman's argument that it was necessary to make Argyle a party and found that Argyle should have been made a party to the proceedings prior to the hearing at first instance.
10/11/2018
Appointment of AML Officers to Cayman Islands Investment Entities - Update
It is important that the operators of Cayman Island investment entities consider these new requirements and whether or not they are subject to these new requirements.
10/11/2018
Court appoints receiver under Arbitration Act to preserve assets pending arbitration award
The decision illustrates the effectiveness of the interim relief provided under the Arbitration Act to preserve assets against which an arbitration award will be enforced.
10/11/2018
Act now – Don’t get struck-off
On 1 October 2018 the BVI Business Companies (Amendment) Act 2018 came into force
10/10/2018
Guernsey Boards should take note of recent updates to UK corporate governance codes
The Code is applicable to all companies with a premium listing, whether incorporated in the UK or elsewhere, such as Guernsey.
10/10/2018
Julius Baer Whistleblower Cleared in Data-Theft Case
In a case drawing international scrutiny, the Federal Supreme Court by a 3-2 majority rejected an appeal by Zurich prosecutors in the case involving former private banker Rudolf Elmer, who denied all the charges.