01/22/2016
Turks and Caicos government deprived of $1.3 million secret profit, says prosecutor
On April 20, 2006, Smith instructed Clayton Greene to pay $325,000 to yet another local law firm
Legal
01/21/2016
New law firm goes for a ‘fresh’ approach
The team behind a new law firm which has launched in the island claim they are offering a refreshing new approach to legal matters.
01/21/2016
Billionaire adjudicated bankrupt under 1869 statute
The court took the alternative route of adjudicating him bankrupt instead.
01/20/2016
What Lenders and Borrowers Need to Know: A Snapshot of Changes to BVI Law in 2015
The British Virgin Island (the BVI)’s reputation as the leading offshore jurisdiction is well earned and it is dedicated to maintaining its status as a jurisdiction which is creditor friendly and commercially flexible.
01/20/2016
Auto-enrolment pensions – a solution to Guernsey’s demographic time-bomb? - Appleby
This February the States of Guernsey is set to debate the introduction of a system of pension auto-enrolment for Guernsey.
01/20/2016
Appleby advised on two of China Business Law Journal's ‘Deals of the Year’
Appleby was recognised for its work on two of the year’s most significant M&A transactions in China Business Law Journal’s 2015 'Deals of the Year.' The deals are Shenyin & Wanguo Securities' merger with Hongyuan Securit
01/20/2016
Appleby acts for Lloyds Banking Group in sale of CMI
RL360 acquires CMI insurance operations
01/20/2016
Mourant Ozannes leads offshore for FTSE 100 relationships
Offshore law firm Mourant Ozannes is the leading offshore adviser to FTSE 100 clients according to a special, 10th Anniversary edition of the Corporate Advisers Rankings Guide, published today.
01/20/2016
Collas Crill Wins Landmark Case on State Immunity
Botaş terminated the contracts with Tepe.
01/19/2016
Appleby's Frances Woo named among 2015 IFC Power Women
Running for the third consecutive year, the list honours 200 of the most powerful women in government, private wealth, private client advisory, education and philanthropy across the international financial centres.
01/19/2016
The return of $300m Abacha loot
The government of Switzerland, he recalled, had earlier recovered and repatriated $700 million to Nigeria from previously discovered Abacha loot.
01/19/2016
French court suspends trial of famed art dealer Wildenstein
The criminal court has set the new trial date as May 4, after Wildenstein's lawyers argued that tax and criminal charges had been doubled up.
01/19/2016
Guernsey money laundering fines could rise to £4m
Higher penalties for licensees will be limited to 10% of annual turnover.
01/18/2016
Latest amendments and updates to the BVI Business Companies Act
The flagship of the British Virgin Islands (BVI) financial services legislation, the BVI Business Companies Act, 2004 (BCA), has been amended to introduce certain key and welcome changes and clarifications to the BVI’s corporate regime.
01/18/2016
Coping with CRS - Carey Olsen
The tax authorities in the Crown Dependencies sent the first set of US FATCA reports, compiled by financial institutions in their respective jurisdictions, to the US Internal Revenue Service on 30 September 2015. Now the Crown Dependencies' financia
01/18/2016
Amendments to the Reporting Obligation for Trusts and Tax Haven Companies and to the Cayman Tax - Baker & McKenzie
In 2015, further to the reporting obligation, a regime of tax transparency for the income of such legal arrangements was introduced (the so-called Cayman Tax).
01/18/2016
Invalidity of Protector Appointments by Fraser Robertson and Amy Benest
The Royal Court of Jersey has recently provided important guidance as to when the Court may hold the exercise of a fiduciary power to be invalid and in so doing has delivered the first judgment in Jersey settinga side an appointment of protectors on groun
01/18/2016
Appleby's Frances Woo named among 2015 IFC Power Women
Running for the third consecutive year, the list honours 200 of the most powerful women in government, private wealth, private client advisory, education and philanthropy across the international financial centres.
01/17/2016
Fraudster ordered to pay back almost £5million of criminal profits
Austin was sentenced to five years 251 days in December 2011 for being the mastermind of an organised crime group who conspired to launder more than £12m stolen from Commerzbank in 2000.
01/15/2016
Collas Crill advises on Darwin bereavement fund
Darwin was, among other accolades, named ‘Alternatives Manager of the Year’ at the 2015 LAPF Investment Awards and 'Alternative Investment Manager of the Year' at the 2015 European Pension Awards.