01/07/2016
Management Buyout Of Appleby Fiduciary Business Completes
The Appleby Group has provided us with a solid foundation from which to build our new fiduciary brand, which we expect to launch in the first quarter of 2016.
01/07/2016
Cayman regulator has jurisdiction over fraudster company but ignores its responsibilities By Kenneth Rijock
The Cayman Islands Monetary Authority (CIMA) has denied that it has jurisdiction over B & C Capital Ltd, Ryan Bateman's Cayman corporation that stole over $450 million from investors, on the grounds that it is an Exempted Company.
01/07/2016
French Authorities Investigating Karl Lagerfeld's Taxes
The case is the latest involving allegations of high-end tax evasion in France, where the Finance Ministry has cracked down on fraud in recent years to ease budget strain.
01/05/2016
Irving Picard reaches deal with Vizcaya Partners as well as with Vizcaya’s investors and their bank
01/05/2016
The regulations require that applicants have a net worth of US$3 million.
01/04/2016
The judge assumed jurisdiction in the case that was originally opened by a court in Barcelona against the couple and three of their children after the former Catalan leader in 2014 admitted publicly that had hidden a considerable amount of money in Andorr
01/04/2016
The evidence will be used in a case involving Frank Agrama, a film producer who is alleged to have been Berlusconi’s agent in the multimillion- euro scheme.
01/04/2016
Lawyers for HSBC are negotiating with authorities for a settlement which should also include a solution for the employees
01/04/2016
This “hidden” estate consisted of properties in New York and the Virgin Islands
12/31/2015
Kevin Mitnick – often referred to as “the world’s most famous hacker” – is now a security consultant to Fortune 500 companies and governments worldwide.
12/30/2015
This paves the way for the introduction of a new type of corporate vehicle in the Cayman Islands: the Limited Liability Company (the “Cayman LLC”).
12/29/2015
It was meant to be “the world’s glamorous, new playground.”
12/24/2015
CAYMAN ISLANDS: New Trade and Business Licensing Law
The Law now allows for revocation or refusal of a licence where a person is carrying on or intending to carry on trade
12/24/2015
MOrsel: Increase to Income Tax Instalment System (ITIS) rate
If you have any questions, do get in touch with your usual Jersey employment team contact.
12/24/2015
The British Virgin Islands (BVI) are a leading international finance centre; well known for complying with the highest international regulatory standards.
12/23/2015
Rights court rejects US client's case against UBS in tax probe
The case concerned a dual US and Saudi national living in Miami whose Swiss bank-account details were handed over to US tax authorities as part of its probe of UBS.
12/23/2015
Re PAC Limited (in official liquidation): how to empower Cayman liquidation committees
A Cayman Islands Grand Court ruling on 11 December 2015 serves as a reminder that this is incorrect.
12/23/2015
Brazil: Private Client, Family And Succession
Taxpayers interested in applying for RERCT must declare to Brazilian tax authorities the balance of assets they held on December 31, 2014, and pay applicable taxes and a fine.
12/22/2015
The Appleby Property team has produced a number of articles for the local press in the past few months. In case you missed the articles first time around, this update provides a link to them. We hope you will find these articles interesting and informativ
12/22/2015
Application highlights issues in Legal Practitioners Law