03/22/2016
Bermuda proposes to introduce third party contractual rights
The Contracts (Rights of Third Parties) Act 2016 (Bill) was introduced into the Bermuda House of Assembly on 4 March 2016.
Legal
03/22/2016
224 To Testify in HSBC Case
A judge has cited 224 Argentines under investigation for tax evasion and money-laundering, ordering them to give testimony over a high-profile scandal involving HSBC bank accounts held in Switzerland
03/22/2016
French billionaire Dassault to stand trial for tax fraud
allegations that he hid millions of euros in Luxembourg and Liechtenstein, sources close to the case reported on Monday.
03/21/2016
Tax haven scandal: “Government must go!”
A third MP of the party Svandís Svavarsdóttir went further and called to the government to stand down and call new elections.
03/21/2016
Appleby Advised On Two Asian-Mena Counsel's 'Deals Of The Year'
Appleby provided cross-jurisdictional offshore legal advice in Dalian Wanda’s HK$28.9bn listing on the Main Board of the Hong Kong Stock Exchange in December 2014.
03/21/2016
Bahamas: US to Probe Plot to Take Down Government and Tycoon Rival
Nygard is a major donor to Christie’s ruling Progressive Liberal Party
03/21/2016
Costa Rica investigates US$1.5 billion laundered through Malta, money originated from Panama
According to the BCR (Banco de Costa Rica), 5Dimes received the money from Malta and Panama.
03/21/2016
Schembri denies Kasco’s British Virgin Islands links
The Times of Malta revealed documented proof last week showing that Mr Schembri had a company in the British Virgin Islands, considered by many to be a tax haven.
03/18/2016
Mourant Ozannes advises on London City Airport acquisition
London City Airport handled over 4 million passengers in 2015. Its location close to Canary Wharf and the City of London and excellent transport links have helped make it a highly attractive UK infrastructure investment.
03/18/2016
Cayman again draws the attention of US authorities
This is the second time in the past year that the Cayman Islands have drawn the attention of US authorities
03/17/2016
Carey Olsen advises Jersey investment firm on the winding up of multinational structures
This is the first time that such an innovative solution has been put in place to assist in the winding up and dissolution of underlying multinational structures including all of their corporate entities.
03/17/2016
Coutts case could set legal precedent on redundancy
The matter has been adjourned, with no date yet set for its continuation. It is a case lawyers on both sides describe as a matter of law and legal interpretation and also is one that potentially could set legal precedent in the Cayman Islands, specificall
03/17/2016
Ogier advises Asian Deal of the Year
This was the first non-sovereign USD Sukuk out of Indonesia and the first Asia Pacific national flag carrier to successfully issue a USD benchmark bond on a standalone basis since Qantas Airways’ USD bond offering in April 2006.
03/17/2016
Ogier is named top offshore law firm in Alpha Awards 2016
Ogier’s specific expertise is in working with closed-ended funds and much of its work is with private equity firms and their portfolio companies.”
03/17/2016
Law firms to merge
A Jersey solicitor with over 25 years’ experience advising Jersey businesses and individuals, she specialises in employment law, commercial property, planning, and corporate and commercial law.
03/16/2016
Final opportunity to regularise your unauthorised foreign assets by Mmangaliso Nzimande and Jerome Brink, ENS Africa
Automatic exchange of information between tax authorities
03/16/2016
SEC Charges Operator of Ponzi Scheme That Claimed to Offer “Bridge Loans” to Jamaican Businesses
The SEC complaint charges former Boston resident Mark A. Jones, who now lives in Miami and has a second home in Jamaica.
03/16/2016
FIFA files for compensation in U.S. as victim of corruption
FIFA announced on Wednesday it was also seeking repayment of salaries and a full audit of a former top official it says has continued to live an "extravagant lifestyle" while on bail from a New York Court.
03/15/2016
Guide to Public Offering of Companies in Guernsey, Isle of Man and Jersey - Appleby
This Guide is a summary of the law and procedures relating to private trust company (PTC) structures in Guernsey.
03/15/2016
Guide to Private Trust Companies (PTC) Structures in Guernsey - Appleby
This Guide is a summary of the law and procedures relating to private trust company (PTC) structures in Guernsey.