Managers of Wealth Offshore

Leading offshore law firm announces partner promotions

These moves are in response to the huge success of both the BVI and Hong Kong offices

UBS leads business move to Jersey International Financial Centre

The Property Team at leading offshore Law Firm, Mourant Ozannes, has recently advised UBS AG Jersey in relation to an agreement with States of Jersey Development Company to lease Grade A office premises at the high-profile new Jersey International Financi

International law firm provides Jersey law advice on 'biggest ever single investment in litigation funding globally'

Third party litigation enables cases to proceed that might not otherwise be pursued due to lack of funding.

New Company Incorporations Rise in Majority of Offshore Jurisdictions in 2014

Mauritius standout of all offshore jurisdictions, onshore comparator China remains ‘world’s engine room’ for company registrations

Bermuda Makes Significant, Industry-Led Changes to Partnership Legislation

Extensive new changes to Bermuda’s partnership legislation were passed in the Senate on 29 May 2015 and are expected to become operative in due course.

Recent news and development for Panama

There have been a number of new laws in Panama relating to corporate governance, money laundering and bearer shares.

BVI Continues to Dominate New Offshore Company Incorporation Activity

New Company Registrations Rise in Majority of Offshore Jurisdictions in 2014, Appleby Reports

Olswang former chief exec reappears at Turks and Caicos law firm

He has re-emerged away from the City as a partner at Turks and Caicos firm

Cayman Islands Court of Appeal rules on rights of non-registered investors to enforce shareholder rights

As is common in the Cayman Islands, the shares in question were held by a custodian.

U.S. Department of Justice States its Tax Enforcement Priorities

In her recent testimony before Congress Caroline Ciraolo Acting Assistant Attorney General stated the enforcement priorities for the Tax Division. Among the four areas of focus is Offshore Tax Evasion.

Bahamas Banker Collected $250k Fifa Bribe Cheque

The unnamed CIBC FirstCaribbean International executive collected the cheque from disgraced American soccer official, Chuck Blazer, court documents allege.

The Basis for Cyprus Trust Popularity for Asset Protection

In emerging economies, there tends to be poor institutional environments characterized by corruption, regulatory uncertainty, underdeveloped intellectual property rights protection and governmental interference.

Isle of Man Launches Insurance SPV Framework - Appleby

The new ISPV regime will provide an expeditious and transparent authorisation process, simple and proportionate on-going regulatory requirements and cost-effective operating environment, all from a convenient European time-zone.

FIFA arrests put Cayman in the international media spotlight

The Cayman Islands is thrust into the international spotlight as the son of the soil was among those arrested amid corruption allegations within FIFA

Jersey couples need to understand what can happen financially when a relationship breaks down

Many Jersey couples probably aren’t aware that common law marriage is not recognised by the Courts, and are risking entitlements to assets if the relationship breaks down, says Appleby Partner and Family Law expert, Victoria Myerson.

Anti money laundering - Look through, behind and beyond: Seek and find the beneficial owner - a Luxembourg perspective

Several mechanisms and arrangements are available for someone who wants to conceal his involvement in a transaction.

More Swiss banks to settle with U.S. Department of Justice in near future - official

The settlement came under a voluntary Justice Department programme launched in 2013 that enables Swiss banks to avoid prosecution by disclosing cross-border activities that helped U.S. account holders conceal assets and income.

Appleby Raises $15,400 for Nepal Victims

The funds raised by Appleby were donated to the Disaster Emergency Committee and the Bermuda Adara Group. Staff in The Seychelles donated money locally to the Red Cross and their affiliated church.

Webb accused of taking $$millions in bribes

Webb is accused alongside other named and unnamed officials as taking millions of dollars in bribes and kickbacks and being involved in the laundering of the cash through Cayman-based firms and local banks.

Dr M demands criminal probe after claiming 1MDB’s Cayman ‘cash’ cover-up

The former prime minister said the Finance Ministry’s confirmation that the sum was in assets directly contradicted Prime Minister Najib Razak’s previous parliamentary reply that 1MDB’s funds were brought back from the Cayman Islands and

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