03/22/2018
Authorities seize control of bank at center of Malta corruption scandal
Maltese authorities took control of Pilatus Bank that is at the center of a scandal exposed by the murdered journalist Daphne Caruana Galizia
Legal
03/21/2018
Swiss prosecutors charge Germans with industrial espionage - report
The Zurich prosecutor’s office was not immediately available for comment, while a German foreign ministry official said it was familiar with the case but that it does not comment on ongoing judicial processes.
03/21/2018
'Bidding War' Erupts Over Passport Demands
The report said such transactions will provide a major source of future revenue for countries that lack alternative exports but reputational risks are rising too.
03/21/2018
Why Cayman May Be the Best Fit
The Cayman Islands is a tax neutral jurisdiction, which represents a significant benefit to asset managers
03/21/2018
Cayman LLCS: One Year Old and Boldly Striding Forward
The net result is that, subject to minimum statutory safeguards, parties have considerable contractual freedom to legislate their own affairs.
03/20/2018
Revised time limits for discovery of offshore non-compliance in offshore arrangements
Currently HMRC have four, six or 20 years (for mistake, careless or deliberate behavior respectively) to assess tax that is due.
03/20/2018
Cross-Border Restructuring: The Cayman Islands Option
This manifestation of globalisation can raise some particularly challenging issues if the company finds itself in financial difficulty.
03/19/2018
Peru president says he used offshore firm to legally avoid US taxes
Why would we pay Uncle Sam and Mr Trump a bunch of money that's here in Peru?
03/19/2018
INVESTIGATION: Ministers under pressure to end charges for property checks after The Sunday Post reveals off-shore owners of swathes of Scotland
MINISTERS are under increasing political pressure to scrap fees for property searches in Scotland.
03/19/2018
CSSF Warnings on ICOs, Tokens and Cryptocurrencies
Investors are also encouraged to 'very carefully consider' the white paper that should accompany any ICO.
03/16/2018
Restrictions on short-term letting and Strata by-laws in the Cayman Islands
Judge Henderson noted that there is nothing in the Strata Law itself which attempts to prohibit a party from contracting out of the restriction
03/16/2018
Cayman appeal court applies Minority Discount in appraisal cases under section 238 of the Companies Law
The Court of Appeal accepted that Delaware jurisprudence can be of assistance to the Cayman Court but noted that it should not be determinative.
03/16/2018
'Ahead of its time' Guernsey Trusts Law reaches 10-year anniversary
The legislation, which replaced the Trusts (Guernsey) Law, 1989, was designed to create a more flexible framework for the local trust industry and to provide better protection for both settlors and trustees.
03/16/2018
Of Sound Mind and Memory: New Guidance for Trustees Regarding Settlor Capacity in the Cayman Islands
The trustee of the Trust was CI Trustees Ltd (the "Trustee"). The settlor of the Trust was a childless widow, and resident of a Spanish-speaking country in South America.
03/15/2018
Trusts and Protectors - A Russian Tale
Appleby Guernsey’s Dispute Resolution and Private Client & Trusts teams review this important decision and the impact in the Channel Islands.
03/14/2018
Appleby advises on major insurance transaction
The transaction is expected to close later this year and is subject to customary closing conditions and regulatory approvals across a number of jurisdictions.
03/09/2018
Offshore law firm reaches century milestone for London Stock Exchange clients
The Corporate Advisers Ranking Guide also confirmed that Carey Olsen has maintained its long-standing position as the leading offshore legal adviser for AIM-listed clients
03/08/2018
Appleby sponsors and presents at Fund Finance Symposium in New York
The firm, a market leader in the subscription finance space for over a decade, has sponsored this event since its inception.
03/07/2018
Carey Olsen advises in online casino buy
The Carey Olsen team was led by partner Annette Alexander, with assistance from senior associate Arya Hashemi and associate Felicity White.
03/07/2018
Ogier gearing up now that charity law implementation date confirmed
The new law – which will now largely come into force on 1 May 2018 with the last remaining provisions on 1 January 2019