03/23/2017
EU Battle Over New Anti-Money Laundering Law Enters Final Phase
The EU has a rare opportunity to put an end to the kind of corporate secrecy that enables the corrupt to hide their stolen assets.
Legal
03/23/2017
Chambers Global 2016 ranks Appleby as top offshore law firm
Chambers Global 2016 ranks Appleby as top offshore law firm
03/21/2017
Final pieces come together in Guernsey’s new Population Management Law jigsaw
Following a long wait, the Population Management (Guernsey) Law, 2016 is now nearly here and due to come into force on 3 April 2017. The Law overhauls the rules governing who can live in and work in Guernsey.
03/21/2017
Chambers highlight 12 notable practitioners in review of Ogier's "excellent and insightful" Cayman team
The recognition for our key lawyers in corporate, banking, dispute resolution and investment funds underlines not just their market leading reputations
03/21/2017
What the first Jersey insolvency case of its kind in 40 years means for the back door to English administration
We consider some of the salient points from the saga so far.
03/21/2017
Cayman Islands approves Legal Practitioners Law
There is also a change in the membership of the Cayman Islands Legal Practitioners Association council, which would effectively oversee local firms
03/21/2017
Walkers Ranked as Top-Tier Firm by Chambers and Partners
52 Walkers lawyers have also been ranked, an increase of ten lawyers from last year.
03/21/2017
Escaping from mistakes as to tax consequences in Guernsey – Gresh v RBC Trust Company revisited
What was the legal test set out by the Supreme Court in 2013?
03/21/2017
Chambers highlight 12 notable practitioners in review of Ogier's "excellent and insightful" Cayman team
Chambers Global undertakes thorough research and analysis of local law firms and seeks extensive client and industry feedback to determine their results.
03/21/2017
A worldwide freezing injunction sails towards the Cayman Courts – what to expect and what it
The Court imposed a freestanding injunction.
03/21/2017
Who’s Who Legal Private Funds guide released
Nominees are selected based on surveys of general counsel and private practice lawyers worldwide.
03/21/2017
The cell phones had porn on them. Then the Panama Papers exposed a bribery scheme, this company says.
Koolman’s job was to buy phones from suppliers around the world for Setar to sell to consumers.
03/21/2017
A Panama Ex-President Fights Extradition From Miami Exile
So far, the U.S. hasn’t acted on the petition to turn him over, and Martinelli has kept his base in Miami, where he has a condo in a building featured in the movie “Scarface.
03/20/2017
Unfair British Pension System discriminates against Caribbean residents
They entered into reciprocal agreements with some countries.
03/20/2017
The London-France connect that led to Moin Qureshi’s dirty money
Painstakingly combining information from all six locations, investigators had been gathering documents since the summer of 2014 to expose Qureshi, who is being investigated by multiple agencies for money-laundering.
03/17/2017
Amendments To Act Will Benefit Unions And Employees
The duty upon the registration of the union and recognition of employees obligated to deducting those dues.
03/17/2017
Lawmakers try again on lawyers bill compromise
The bill also seeks to create a self-governing council of lawyers and sets requirements for the hiring and promotion of Caymanian.
03/16/2017
Mergers and Fair Value Petitions: Cayman Case Law Update
In two recently published judgments, the Court has painted a clearer picture of the rights and obligations of the parties seeking a “fair value” determination pursuant to Section 238 of the Law
03/16/2017
Swiss Supreme Court rules on stolen data in international tax assistance procedures
In the present case, the bank data were collected by former UBS employees in France who wanted to put an end to illegal tax practices of the bank.
03/16/2017
Andorra bank seeks probe after U.S. Treasury forced closure for 'money laundering'
The USA Patriot Act, passed in response to the 9/11 attacks, gives FinCEN the power to label companies as aiding and abetting money launderers without going through a court process.