Managers of Wealth Offshore

Maldives: How do you launder $1.5 billion?

Investment manager’s secrets are keeping him in jail

The Securities and Exchange Commission said in a Wednesday filing that nothing had happened and argued for Kapur’s continued detention.

Cayman Islands: New LCCL Procedures In Effect

As of Thursday, 1 September, Caymanians looking to participate in potential business endeavours with foreign investors must state their interest, in writing, to both the investors and the Trade and Business Licensing Board.

Tax watchdogs go hunting in packs

“This week of action is the result of months of collaboration with domestic Agencies to share intelligence and information,” Ms O'Dwyer said.

CAYMAN ISLANDS: Bill aims to update intellectual property rights

Proposals include protection for design rights, halting frivolous patent lawsuits

New inheritance tax rules to impact non-UK residents holding property through offshore companies and trusts from 5 April 2017

As previously announced, the new legislation aims to reform the taxation of non-domiciles and will have practical implications for those who purchase, hold or sell UK residential property through offshore structures.

Standard Chartered Hedge Funds Lawsuit Highlights Derivatives Risk

The British bank faces a lawsuit after underwriting a convertible bond deal that left investors with worthless stock.

Appleby and Deloitte £1800 and not out!

In a closely fought contest it all came down to the last ball with Appleby able to scrabble a single to earn a draw and retain the urn.

Tchenguiz brothers’ legal bill hits £5.1m in court battle against Grant Thornton

Robert Tchenguiz followed suit and filed against the same defendants in 2015.

Coalition says Panama Papers sparked action against more than 100 Australian taxpayers

Ministers say analysis of papers by crimes taskforce also resulted in 15 unannounced visits and three search warrants

Boardroom ban for Irish chief linked to $16bn Ponzi scheme

Financial storm centres on Belvedere Management Ltd, which controlled billions of assets

Legal loophole on tax evasion to be debated at Westminster

The call for a review will come as an amendment to the Government’s finance bill on Monday and follows a series of Herald investigations that revealed how the Scottish-based firms were being used to launder profits from gun-running deals.

French ex-minister in court over tax fraud, money laundering

Cahuzac, who acknowledged evading taxes for two decades, faces up to seven years in prison and a 1 million-euro fine if convicted.

Corruption whistleblower should be protected not punished

This behaviour should be praised not punished.

Billionaire's Hedge fund Sues Mossack Fonseca

The current legal action has its roots in Singer’s long fight to reclaim funds lost when Argentina defaulted on government bonds held by NML.

Mega Holdings chairman quits; group looks into bank's practices

During the meeting, the task force decided to ask Mega Bank's board of directors for data regarding the bank's 74 questionable accounts and 174 suspicious trades between its New York and Panama and Colon branches

Enforcement of Ship Mortgages in The Bahamas - HIGGS & JOHNSON

A mortgagee (lender) has several remedies available to it when there is a default under the mortgage and it seeks to enforce its security. The most frequently used remedies are as follows:

Cayman Promotes Transparency with Disclosure Law - Higgs & Johnson

In an effort to promote greater transparency within the financial industry, the Confidential Information Disclosure Law, 2016 (the “Law”), was passed in the Cayman Islands Gazette on 22 July 2016.

EU Anti Tax Avoidance Directive: Impact on Investment Funds

Member States are of course allowed to implement stricter rules as they deem appropriate.

Mourant Ozannes shortlisted for 'Best Thought Leadership Paper'

The Fund Services Awards are designed to celebrate companies that offer cutting edge services and solutions to those involved in the fund management industry.