08/19/2016
St Kitts-Nevis government hopeful that US FinCen advisory will be lifted soon
We have recently introduced an additional due diligence test done by regional security forces in Barbados.
Legal
08/19/2016
Mourant Ozannes advises longstanding client
Mourant Ozannes' corporate team is a leading practice known for acting on the most complex and demanding transactions, with a particularly strong reputation for corporate finance, mergers and acquisitions and private equity.
08/19/2016
Bermuda Legislative Developments Welcomed
Following a significant consultation exercise, there has been a suite of changes to the partnership regime to, among other things, clarify partner responsibilities and provide useful flexibility to permit partnerships to relocate to and from Bermuda and t
08/19/2016
Key Figure in 1MDB Probe Is Arrested in Abu Dhabi
Investigators are looking into alleged fraud related to a Malaysian fund
08/18/2016
PAKISTAN: Tax laws protect most Panama Papers’ names from action
Tax declarations of income tax filers are time barred and could not be opened beyond last five years.
08/18/2016
Bahamas PM silent as bankrupt megaresort crisis drags on
The next substantive winding up hearing for Baha Mar is set for September 30.
08/18/2016
PTI to move SC against PM over Panama leaks
Announcing the decisions of the meeting, the PTI chief said his party would attend today’s meeting of the Opposition on the ToRs to give the last chance to the government.
08/18/2016
The DOJ’s Swiss Bank Program – Lessons Learned and the Road Ahead
The Program provided Swiss banks with a way to resolve potential liabilities in the US for tax-related criminal offenses and be protected from prosecution.
08/17/2016
Does Brexit matter for the corporate jet owners and lessors in Asia? - Mourant Ozannes
As the UK’s exit negotiations unfold in the months and years to come, it is vital for those in the Asian corporate jet industry to continue to monitor and assess the evolving impact of UK’s exit from the EU.
08/17/2016
Ogier in Jersey advises on investment in innovative travel company
Reed & Mackay’s strategic travel management services focus on law firms, insurance companies, finance houses and the energy sector.
08/17/2016
Bitcoin criminal cases might represent new type of fraud: UK SFO
It noted that such a case might represent a new or emerging type of fraud.
08/16/2016
CAYMAN ISLANDS: Winding up sought for second Bateman company
The Grand Court petition alleges that the second firm, Bateman & Company, has failed to deliver any cash or securities held following demands from the liquidators.
08/16/2016
Paul Manafort Questioned by Cayman Islands Court About His Fund With a Russian Billionaire
He and Manafort met while Manafort was working on the presidential campaign of now ousted Ukrainian President Viktor Yanukovich, another Putin ally.
08/15/2016
Appleby shortlisted for 2017 IFC Caribbean award
The firm has been shortlisted for Law Firm of the Year – Caribbean, for the sixth year running.
08/15/2016
Curaçao, St. Maarten have Dijsselbloem concerned
The Dutch Caribbean countries are primarily responsible for their own affairs and intervention by The Hague is only possible when there is insufficient redress.
08/15/2016
Bahamas Legaslative Amendments: HIGGS & JOHNSON
Where there is doubt as to the value of a transaction, the Treasurer may take into consideration the value of any adjoining property sold within twelve (12) months preceding the date of the transaction.
08/12/2016
Investors' Claims for Unpaid Redemption Proceeds in the Winding Up of Cayman Islands Investment Funds
The judgment has, however, in the absence of a coherent interpretation of section 37(7)(a) of the Companies Law, given rise to some uncertainty
08/12/2016
Will the Panama Papers Lead to Criminal Charges Against U.S. Taxpayers?
“Panama Papers,” detail the creation of hundreds of thousands of business entities and bank accounts in offshore “tax havens”
08/12/2016
Termination of Cayman Islands Regulated Mutual Funds
Early action to reduce costs and minimise 2017 fees
08/12/2016
CAYMAN ISLANDS: The Confidential Information Disclosure Law, 2016
The Confidential Information Disclosure Law, 2016 (the "CIDL") was gazetted on 22 July 2016 and is in effect.