04/06/2018
Cayman Islands Anti-Money Laundering Regulations Update 2018 - Ogier
Some of the language used in the Guidance Notes created areas of uncertainty, particularly within the investment funds industry.
Legal
04/06/2018
Mueller prosecutors defend money laundering charge against Manafort
Manafort is accused of laundering more than $30M that flowed through offshore bank accounts.
04/05/2018
The Maltese connection with Iran sanctions busting
An investigative reporter’s killing has shone new light on a shadowy deal she uncovered
04/04/2018
Of Sound Mind and Memory: New Guidance for Trustees Regarding Settlor Capacity in the Cayman Islands
While the Trustee was satisfied that the Settlor had written the 2012 Letter, the Trustee was concerned about the Settlor’s mental capacity to properly exercise her power of amendment.
04/04/2018
Changes to Bermuda’s Beneficial Ownership Regime
The beneficial ownership register is not publicly accessible and may only be accessed by or on behalf of the Registrar of Companies.
04/04/2018
US Supreme Court declines to hear FATCA case
The US Supreme Court on Monday declined to hear a challenge to the Foreign Account Tax Compliance Act, which had been brought by a group of American expatriates and led by Kentucky Senator Rand Paul, who had argued that the 2010 legislation violated their
04/04/2018
Ogier advises on the listing of Safe Harbour Holdings plc on AIM
Trading commenced on 15 March 2018.
04/04/2018
Managing the complexity of Luxembourg structuring and product options
The use of European labels is an integral part of Capital Markets Union (CMU) and they will grow in importance as CMU develops.
04/03/2018
Leading offshore law firm shortlisted for 'Best Offshore Law Firm' Award
The award rewards firms that have demonstrated a consistently high standard in providing offshore legal services to the hedge fund sector.
04/01/2018
Seven Reasons to Register an Aircraft in the Cayman Islands
The Cayman Islands enjoys a stable system of government, consisting of an 18 member Legislative Assembly elected by the people every four years which enables the Cayman Islands largely to self-govern on local affairs, and a Governor who is the formal repr
03/29/2018
Appleby Mauritius advises on the issue of USD 300 million 4.500% senior notes
To be listed on the Singapore Exchange Securities Trading Limited
03/28/2018
World-first property beneficial ownership register set for green light
The UK government is to publish legislation to introduce the world’s first public register of beneficial ownership register of overseas companies and other bodies that own UK property or participate in UK government procurement.
03/27/2018
How Pilatus banker Ali Sadr Hasheminejad played hide-and-seek with the Americans
Ali Sadr Hasheminejad regularly travelled to the United States from Malta. But an investigation into the circumvention of Iran sanctions finally caught up with him, less than a year since his private bank was plunged into a national scandal. We trace the
03/27/2018
Swiss intelligence services ignored spying laws, report finds
The FIS collected largely worthless information in the investigation, managed the spy badly and disobeyed the law, the report says.
03/26/2018
Bankers react after call to freeze corrupt Russian funds
NEARLY two per cent of business in Jersey’s finance sector is of Russian origin and could be affected by proposed tough measures against powerful Russians accused of human rights abuses.
03/26/2018
McMafia probe into death of Scottish property tycoon amid fears Russian hitmen threw him out window
Scot Young and four of his rich pals all died between 2010 and 2014 and his ex-wife says his £1billion fortune is at root of his 'murder'.
03/23/2018
Cayman Islands: New Whistleblowing Legislation
The new law seeks to allay such fears by providing a formal process for reporting wrongdoing to an ombudsman.
03/23/2018
British Virgin Islands: Mergers & Acquisitions Guide 2018 - Maples & Calder
The primary sources of regulation of M&A in the British Virgin Islands are the Business Companies Act, 2004 (the "Companies Act") and common law.
03/23/2018
Getting Restructuring Recognised in Jersey - Appleby
The introduction of the National Living Wage and Apprenticeship Levy in the UK, difficult trading conditions and food inflation have all been pointed to as ingredients in a recipe that has been difficult to swallow.
03/23/2018
Ogier advises the Sandpiper Group on Liberty Wharf acquisition
Katharine said: "We are delighted to have assisted the Sandpiper Group on its largest single acquisition to date as part of their continued growth strategy and commitment to the Island."