08/04/2016
“Employers must prepare for law changes protecting workers of pensionable age”
From an employment law point of view, because the hearings and judgments of the tribunal are public, companies also face negative PR
Legal
08/02/2016
Viberts and Pickersgill & Co join forces
The merger will see Pickersgill & Co relocate to Viberts House in Don Street and rebrand its services as Viberts.
08/02/2016
Ogier advise HNA on £131m Canary Wharf acquisition
The acquisition is the second at Canary Wharf by HNA, which purchased the ten-storey building at 30 South Colonnade – the home of Thomson Reuters – last year.
08/02/2016
ESMA's further advice indicates delay on the extension of AIFMD passport to Third Countries
Two of Ogier’s other non-EU jurisdictions, Guernsey and Jersey, were included in the five jurisdictions given an unqualified ESMA assessment.
07/29/2016
Update on the EU Commission's and UK government's plans to tackle tax evasion
The Commission has indicated that its goal is to “create the highest possible level of tax transparency”, noting that “recent media leaks have exposed loopholes in the international tax system, which need to be urgently addressed”.
07/29/2016
Former MP Dean Del Mastro’S $26M Solar Venture In Barbados Stuck In The Dark
A solar farm project in Barbados which promised to create more than 500 jobs and a cheap green energy source for locals was supposed to be up and running by early April.
07/29/2016
Guernsey Finance Director Was 'Reckless Risk Taker'
Judge Russell Finch said he had taken a "twisty route of deception" and his actions had been a "gross breach of trust".
07/28/2016
CAYMAN ISLANDS: Business Licences Now Issued Via Email
DCI began emailing both new and renewal licences on Friday, 1 July.
07/28/2016
Collas Grill Advises On LAunch Of Innovative Virtual Reality Studios
Available to hire by the hour, the premises will use Vizuality's cutting-edge wireless technology, a concept which will be rolled-out across cities worldwide.
07/27/2016
Barbados eyeing New Court System
This is why a CCAM would prove advantageous and this administration has already been presented with a guide for the establishment of such a system and with an International Arbitration Act.
07/27/2016
Fugitive’s company closed down over $1.69M debt
A Canadian national, he was believed to be in Panama last year and more recently in Florida.
07/27/2016
IMF Executive Board Concludes 2016 Article IV Consultation with St. Kitts and Nevis
The economy continued its strong growth at around 5 percent, recording the strongest growth in the region over 2013-2015.
07/27/2016
Panama Papers: Offshore Firm Helped Billionaires Plunder Africa
The International Consortium of Investigative Journalists, which published the leak along with dozens of international media, found that 44 of 54 African countries have a total of at least 37 mining, oil and mineral companies connected to offshore account
07/27/2016
Bermuda Upgrades to First Class with the Cape Town Convention
International interests registered on the International Registry take priority over subsequently registered interests and also have priority over non-registered interests over the same assets.
07/27/2016
Walkers advises on sale of Nautilus Trust Group
Over that period, Nautilus has grown organically and through the acquisition of other Jersey based trust companies to number some 70 staff, and offers a wide range of services to private wealth and corporate clients.
07/27/2016
Brexit – Ireland as a location for Regulated Financial Service Providers
One major concern for UK regulated financial service providers is the ongoing uncertainty in relation to the continuation of the financial services passporting regime currently enjoyed by UK RFSPs throughout the EU/EEA.
07/27/2016
Canadian banks ordered to disclose Cayman dealings
The CRA suspects tax dodgers used RBC and Citibank to repatriate offshore assets held at Cayman National Bank.
07/26/2016
Leave for Cayman derivative actions – international or domestic only? - Appleby
The rules of court in the Cayman Islands control shareholders’ entitlement to issue proceedings in the name of their company.
07/26/2016
Panama leak: SC seeks Centre, RBI's response in four weeks
Each transaction spans different jurisdictions and may involve multiple entities and individuals.
07/26/2016
Bermuda Insurance Update - July 2016
The enhanced regulatory status of Solvency II has proven beneficial.