06/18/2018
Bermuda Introduces Digital Asset Business Act 2018
DABA has now been approved by both the House of Assembly and the Senate and only needs Royal Assent and a notice of the Minister of Finance.
06/15/2018
Carey Olsen was named "best offshore law firm" in the fund formation category.
06/15/2018
In this regard, regulation has already been drafted in the areas of Overextension of Credit, Annual Percentage Rate when extending credit and Complaints Handling.
06/15/2018
We anticipate this amendment will be welcomed by settlors and trustees alike
06/15/2018
By this year, these punishing levies have reached 15% per annum, costing owners tens of thousands of Euros annually.
06/14/2018
The two creditors are Kuwait’s Public Institution for Social Security (PIFSS) and Auctus Fund Ltd. Both are claiming $100 million that is owed but not repaid.
06/14/2018
The deal was led by group partner Paul Wilkes, assisted by senior associate Tristan Ozanne and associate Michael Lyner.
06/14/2018
It brings about a much needed update in the law that was initially highlighted as being required in 2015
06/13/2018
The Abraaj Group made headlines in February, when the Wall Street Journal reported that the Bill & Melinda Gates Foundation and other investors hired a forensic accountant to look into possible misuse of money
06/11/2018
The Trusts Law is widely regarded as the international standard for offshore trust legislation
06/11/2018
The list recognises the top 35 male and top 35 female lawyers, trusts professionals and accountants aged 35 and under across the islands.
06/07/2018
Our unique global perspective helped us provide a seamless service on the various corporate and finance aspects of this complex acquisition
06/07/2018
British overseas territories have expressed dismay at the plans and the Cayman Islands has pledged to change their constitution to avoid the measures.
06/07/2018
The DITC has confirmed that the Cayman Islands Automatic Exchange of Information Portal (the “AEOI Portal”) will be offline from 1 June 2018 and will reopen on 15 June 2018.
06/07/2018
Law No 972 on money laundering
Last week Thomas Brezzo has been appointed to report back to the National Council on Draft Law No 972, which strengthens the fight against money laundering, the financing of terrorism and corruption.
06/06/2018
Ironing out the Kinks: The Seventh Amendment to Jersey’s Trust Law
The ability to seek protection prior to handing over trust assets is of understandable importance to trustees
06/05/2018
Mourant is firm of the year
It’s a statement of confidence in us as a leading offshore firm, and it reflects confidence in Jersey
06/04/2018
The judge found that the alleged scheme was so complex that it couldn’t be unwound.
06/04/2018
The Swiss Federal Council has now initiated the consultation process for amendments to the country's anti-money laundering law.
06/04/2018
Offshore law firm breaks into top three for LSE clients
The Corporate Advisers Ranking Guide show that with 101 LSE listed clients, Carey Olsen has comfortably more than double the number of the next nearest offshore law firm.