Managers of Wealth Offshore

Rbc Agrees $35m Fine Over Scheme Involving Bahamas

The consent order reveals that between June 1, 2007,and May 31, 2010, RBC entities executed 1,026 such transactions

Swiss Bankers in Limbo After U.S. Jury Acquits Ex-UBS Executive

The courtroom victory of the only Swiss banker to beat the U.S. in a trial over offshore tax evasion may embolden other indicted financial workers to leave a legal limbo some have occupied more than five years.

Guernsey cells win £22m legal battle against Arch Financial

The board of 18 Guernsey-listed cell companies that made up the Arch cru fund have won a £22m High Court case against the fund manager behind the range.

Split boards favoured as fund governance intensifies

On 6 December 2013, after a period of consultation with industry practitioners, the Cayman Islands Monetary Authority the Islands’ financial regulator released its Statement of Guidance for Regulated Mutual Funds

Governor Announces Review Of the Turks And Caicos Islands Financial Services Commission

Governor Peter Beckingham announced at the Turks and Caicos Islands Financial Service Commission AGM on Friday 12th December that he has finalised arrangements for a review of the body to be undertaken in January 2015.

Offshore incorporations up 4% in the first half of 2014, Appleby reports

The total number of new company registrations increased across offshore jurisdictions in the first half of 2014

Conyers Dill & Pearman - Alert - Impact of FATCA on Bermuda Entities

This publication provides a brief overview of the expected impact on entities established in Bermuda of (a) the foreign account tax compliance provisions (“FATCA”) of the Hiring Incentives to Restore Employment Act, 2010 of the United States o

Four Carey Olsen lawyers named in leading list of powerful women in the finance sector

The Top 200 is compiled from a number of sources including research generated by last year’s list

Ogier advises Shariah-compliant Gatehouse Bank plc on its joint venture with Sigma Capital

Ogier advised on the structuring, incorporation and financing aspect of the project.

FATCA and Trustees: Part I - Maples and Calder

Do trustees need to register with the US Internal Revenue Service (the "IRS") before 1 January 2015? Does registration need to be made in respect of a trust?

PAC given a week to hand over Ansbacher tax dossier

The legal action comes after Sinn Fein deputy leader Mary Lou McDonald named six former ministers in the Dail under privilege, saying they were mentioned in the Ansbacher dossier.

Bermuda's New Charities Act 2014 Operative This Month - Appleby

The Act repeals and replaces the Charities Act 1978 with substantial amendment and complements Bermuda’s sensible, well-regarded legislative framework for the establishment of charities.

OECD’s Multilateral Competent Authority Agreement for the Implementation of Automatic Exchange of Tax Information

All Appleby jurisdictions are expected to start exchanging information under the MCAA by 2018.

Carey Olsen advises on £50.6 million fundraising

As ever, the Carey Olsen team worked side-by-side with us to deliver a fund structure meeting our client’s requirements.

Questions still remain in Ansbacher probe

The terms of reference for the Moriarty Tribunal, passed by the Dail and Seanad in September 1997, are unequivocal around the issue of the Ansbacher accounts.

Lawyers make IFC Power Women Top 200

Walkers has announced that two of its Cayman Islands attorneys have been recognised by UK wealth management publication Citywealth, in its 2014 IFC Power Women Top 200.

Freshfields Hire Strengthens Collars Crill's Jersey

Finance and corporate lawyer Nicholas Davies has joined Collas Crill from 'magic circle' firm Freshfields as a group partner.

Trust Jurisdiction Clauses - Extra Care Now Required - Appleby

On 26 November the Privy Council handed down its judgment in Crociani & Ors v Crociani & Ors [2014] UKPC 40.

Partner in Trusts Advisory Group recognised by Eprivateclient and Who’s Who Legal

“It’s a great honour to be recognised and respected by one’s peers. I am fortunate to be part of a vibrant team of trust practitioners at Ogier, and I thank them for their support. I am sure we will go from strength to strength in 201

Swedish prosecution puts BVI life company into liquidation

A British Virgin Islands domiciled life and pensions company has been put into liquidation after two of its principals were prosecuted by the Swedish Economic Crime Authority.