Managers of Wealth Offshore

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.

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.

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.

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

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.

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.

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.

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.

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.

Panama leak: SC seeks Centre, RBI's response in four weeks

Each transaction spans different jurisdictions and may involve multiple entities and individuals.

Bermuda Insurance Update - July 2016

The enhanced regulatory status of Solvency II has proven beneficial.

Limited Liability Company Act passed in Bermuda Senate

The Limited Liability Company Act 2016 (LLC Act) has today passed in the Senate and is set to come into force in the near future. The LLC Act introduces into Bermuda the first new corporate structure in 100 years.

Court Orders Winding Up Of Fugitive’S Firm

According to an order issued on July 22 by Grand Court Justice Ingrid Mangatal, B&C Capital Ltd. was ordered to be wound up following a petition filed in June by a British Virgin Islands-based creditor of the company.

May 'Orders Crackdown' On Offshore Tax Havens

Both The Times and the Daily Mail report that senior Whitehall officials in the government's "policy unit" have been told to draw up plans to tackle abuses of the tax system, perhaps in time to be unveiled at the Conservative Party conferen

Bermuda Parliament approves bespoke privacy framework - Appleby

The Personal Information Protection Act 2016 (Bill) has been passed in both the House of Assembly and the Senate and now awaits a final review by the Premier and the Attorney General before being sent to the Governor to receive Royal Assent on behalf of H

Update: Cayman Islands Confidential Relationships Law now repealed

The Confidential Relationships (Preservation) Law was originally enacted in the 1970s

Leading offshore law firm Advises on 10 HKEX Listings Worth HK $1.1B in Half-Month's Time

Acted as Cayman counsel in these listings on both the Main Board and the Growth Enterprise Market of the Hong Kong Stock Exchange.

Why Messi's name came in Panama Papers for tax evasion

So Mega Star and Jenbril, which is mentioned in the indictment, are looked after behind the scenes by the same Uruguayan law firm.

Cayman Islands: Accountant enters jail ‘early’

Records allege that Aspinall stole US$445,000 from Level Global Overseas Master Fund Ltd. between May 1 and Aug. 21, 2013. The other theft charge alleges he stole US$50,414.20 from Aslan Capital Master Fund LP and Aslan Capital Offshore Fund Ltd. on Nov.

Citizen-By-Investment numbers up in Caribbean

It is estimated that Antigua and Barbuda as well as St. Kitts and Nevis passports provide visa-free travel to 132 countries and territories including all 26 European countries in the Schengen zone.

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