06/13/2017
The Regulation of Offshore Lawyers: Recent Developments - Sedgwick
It is quite important for London market and international insurers to understand the nuances of each particular offshore jurisdiction's regulatory framework.
Legal
06/13/2017
BVI Commercial Court declines to exercise its insolvency jurisdiction in relation to wind up of Swiss company
A BVI court will always consider whether there is a more appropriate jurisdiction in which to wind up the foreign company.
06/13/2017
Ogier acts for Europe's first Big Data and AI-focused fund
CybelAngel is a high-profile French cyber security start-up that specialises in using Big Data solutions to detect data leaks.
06/12/2017
Shortlisted For Lloyd’s List Americas ‘Law Firm Of The Year’
Attending the ceremony were Global Managing Partner Oscar Johnson and Partner Tara Archer-Glasgow
06/12/2017
Revisiting the principles of equitable mistake - Ogier
The advice was wrong in that only periodic payments would be tax free even if any capital sum was retained outside the UK.
06/10/2017
Ashcroft group forms new overseas company in bid to collect US$27.5 million from GOB
This court case involves a debt guarantee for Universal Health Services Limited, now Belize Healthcare Partners Limited.
06/08/2017
New Legislation for Non-Profit Organisations in the Cayman Islands
The introduction of the Law, which will come into force on 1 August 2017, is part of Cayman’s ongoing commitment to increased transparency and its contribution to the global fight against corruption, money-laundering and terrorism.
06/07/2017
Cayman Islands investment funds AML update
Under the Law, investment funds which are regulated under the MFL are classed as conducting relevant financial business and so are required to comply with AML legislation.
06/07/2017
BVI's new beneficial ownership regime scheduled to take effect on 1 July 2017
This update is based on the latest available draft legislation on BOSS and other information made available by the BVI Government to the industry.
06/07/2017
Register of ownership of UK property through overseas companies - privacy in debate
The introduction of the government's People with Significant Control (PSC) register on 6 April 2016 has resulted in greater transparency of ownership of UK companies
06/07/2017
New revision of Trusts legislation in Cayman
The Amendment Law introduced a number of retrospective provisions with the objective of correcting technical issues in the original legislation.
06/06/2017
Scotiabank, Union Still Haggling Over Jobs Going Offshore
Scotiabank is on efficiency drive and has previously said that it is creating centres of excellence in the Caribbean as focal points to serve clients.
06/06/2017
Celebrity film scheme to appeal £700m tax case decision
"Innocent investors went in on advice and if anyone has been immoral and unfair it's HMRC," reports UK newspaper the Daily Mail.
06/05/2017
Argentina Seeks Antigua Accounts Information in Odebrecht Probe
It all has to do with the Odebrecht case.
06/02/2017
Mourant Ozannes acts on top three private equity transactions in first quarter 2017
The firm’s team of more than 40 professionals handles complex, cross-border matters for many of Europe’s highest-profile and most prestigious funds and transactions.
06/02/2017
Mourant Ozannes advises on largest ever European Private Equity firm fundraising
The Mourant Ozannes team was led by Felicia de Laat and senior associates Rachel Fowler and Matt McManus with assistance from colleagues in the funds, finance and corporate and other teams.
06/01/2017
FinReg Spring Update 2017 - Jersey
Some brief thoughts on the implications of these developments for your business.
05/30/2017
CRA pursuing criminal charges against Panama Papers tax cheats
The Canada Revenue Agency says it has “upped its game” and launched dozens of criminal investigations into offshore tax schemes
05/30/2017
Former Cayman Football Official Pleads Guilty In Corruption Scandal
Costas Takkas, a former general secretary of the Cayman Islands Football Federation, became the latest official to plead guilty in connection with his receipt and transmission of millions of dollars in bribes paid to Webb.
05/30/2017
Flying the Manx flag at conference in Miami
The significant efforts that the island and its businesses have gone to to ensure FATCA compliance.