05/19/2016
On January 16 2016 the European Union implemented the Joint Comprehensive Plan of Action, which scaled back sanctions on Iran and marked the country's return to international capital (and other) markets. Investment in Iran through Cyprus-based compan
05/19/2016
In today’s difficult economic climate, countries need more than ever to ensure that they collect all the tax revenues that are due to them in order to fund public expenditure and reduce public debt. The arrival of new technologies has made it easier
05/17/2016
The Panama Papers is the name of a large collection of confidential documents from the Panamanian legal and business services Mossack Fonseca, which was leaked.
05/17/2016
“Panama is committed to cooperate and exchange of information but these can be only on bilateral terms,” Navarro said during an interaction here adding “the country which takes the information should be prepared to take it and use it acc
05/17/2016
Bermuda law provides its courts the power to vary beneficial interests and administrative powers of trusts where it is in the interests of the beneficiaries to do so.
05/17/2016
The Cayman Islands legal professionis committed, alongside its colleagues in the UK, to fight against corruption in all forms.
05/16/2016
The Government of the Cayman Islands has this week gazetted a bill to repeal the statute that has frequently – and mistakenly – been described as Cayman’s banking secrecy law.
05/13/2016
Plaintiffs often seek freezing orders to prevent defendants taking steps to thwart the enforcement of their judgments. However, a plaintiff can sometimes struggle to prove a real risk of dissipation or to provide very substantial security to fortify a cro
05/13/2016
A letter to the Chancellor of the Exchequer, George Osborne MP, sent on Monday 9 May, confirmed that Jersey would actively participate, as it had done in the past, in the work on the development and assessment of compliance of the standard.
05/13/2016
Dar says highlight of renegotiated treaty is replacement of Article 26 on exchange of information with a new one; exchange of tax info to help catch tax dodgers and corrupt
05/12/2016
On 29 April 2016, the Honourable Justice Barry Leon, the Commercial Court Judge in the BVI, handed down a detailed Judgment on the assessment of costs in the Commercial Division.
05/12/2016
Ogier advises on “game changing” satellite acquisition
The transaction is subject to regulatory approvals. A registered Jersey company, O3b, described as a “unique, game changing global solution”, operates a constellation of 12 ‘High Throughput Satellites’ in a Medium Earth Orbit aroun
05/12/2016
Russian Trust Bank’s $85 million claim against Edenbury trading ltd to be heard in July
Besides, on May 30 a court of appeals will examine a complaint submitted by a Cypriot frim TIB Investments Limited against a court ruling ordering it to pay 1,996 billion rubles (about $30.5 mln) in favor of the bank.
05/12/2016
Panama-Style Offshore Services Touted on Darknet
Their purpose is clear: to allow individuals to operate outside their home countries, hide their real identities, and make funds inaccessible to tax agencies,” they explained.
05/12/2016
Family offices, captives, trusts and Bermuda by Ashley Fife, Appleby
Bermuda captives are increasingly insuring reputational, regulatory, credit, terrorism, mergers and acquisitions, environmental, satellite technology, political and cyber security risks and funding employee benefits.
05/12/2016
Mossack Fonseca to sue over Panama Papers leak
The law firm urged the ICIJ to cease and desist prior to the leak online, but it moved ahead with the release.
05/10/2016
The Bill was developed in line with international best practices while ensuring that it reflects the specific needs of the Cayman Islands. It is based substantially on the Data Protection Act, 1998 of the United Kingdom.
05/10/2016
A Special Purpose Company is one type of legal entity that may be incorporated under DIFC law and is similar in some respects to the ordinary DIFC company limited by shares
05/10/2016
Highly satisfied wealthy clients translate into returning to the attorney and the law firm for additional legal services and referring other people to the trusts and estates lawyer.
05/06/2016
Ogier advises on US$100 million offer for global sports marketing and event management company
Commenting on Ogier’s involvement, partner Simon Schilder said: "We are delighted to be advising Atlantic again and look forward to assisting the company throughout the offer process towards a successful outcome.