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.
Legal
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."
03/23/2018
Recent Updates in Mauritius - Appleby
Where the total tax liability is not paid by 31 May 2018, any waiver of penalty and interest shall lapse and the total tax, penalty and interest shall become payable and recoverable.
03/23/2018
At A Glance Guide to Luxembourg Public Limited Companies reforms
Without amendments to their articles of association, companies will have to continue under the constraints of the old regime
03/23/2018
Appleby Mauritius wins 'Finance Deal of the Year' at Asia Legal Awards 2018
The Appleby Mauritius & Seychelles teams were led by Malcolm Moller and Counsel, Anjana Ramburuth.
03/22/2018
Malta bank chief held in US over Iran links
Company had been under scrutiny by murdered journalist Daphne Caruana Galizia
03/22/2018
Crooks are impersonating Monaco’s elite including Prince Albert II to scam money from high-flying victims
‘For several weeks, individuals who are part of organised groups, have been stealing the identities of high-ranking personalities in the principality and trying to establish personal contact with them … notably through electronic messages, S
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
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?