08/31/2015
Cayman Islands Fugitive Now Operating Illegally In Panama
Republic has been warned previously by Panamanian regulators that it cannot operate as an asset management company, but it is still accepting investor funds.
08/31/2015
The case related to the sale of the shares of an Indian entity
08/31/2015
The whistleblower’s work translated into tens of millions of dollars recovered by the US Treasury.
08/27/2015
The Appleby team was led by Frances Woo
08/25/2015
Guernsey Court of Appeal upholds finding of no gross negligence by Former Trustees of Tchenguiz Trust
The Court of Appeal also decided that a trustee was entitled to use trust property to discharge the loans regardless of whether an allegation of breach of trust against the trustee existed at that time, whether justified or otherwise.
08/25/2015
Segregated portfolio companies
The Segregated Portfolio Company is a single legal entity within which may be established various segregated portfolios.
08/25/2015
Ogier leads the way on CISE listings
The firm is the leading sponsor for SPVs, having listed 69 (as of 31 July 2015), the largest share of any Channel Island law firm.
08/25/2015
Real estate bought with offshore cash raises money laundering concerns
Investigator says Canadian real estate market has developed reputation as a place to launder money
08/24/2015
Bahamas megaresort liquidation ruling expected September 4
Winder heard submissions on Friday from James Corbett QC, who appeared on behalf of Baha Mar.
08/24/2015
Significant changes to BVI Trade Mark laws from 1 September 2015
The current Trade Marks Act for the British Virgin Islands (BVI) will be repealed and replaced with a new Act and set of Rules on 1 September 2015.
08/21/2015
Court actions related to Sanea and his Saad Group and AHAB have taken place in a number of jurisdictions, including Saudi Arabia, Bahrain, Switzerland, and the Cayman Islands.
08/21/2015
We remain committed to engaging the OECD and our other international partners to help exceed and enhance international standards of tax transparency and regulation.
08/21/2015
In addition, Baha Mar has incurred numerous defaults under the various Rosewood Hotel agreements, many of which are incurable.
08/21/2015
Wan Kei Group raised approximately HK$170 million, and a majority of the net proceeds will be used for expansion of machinery and equipment, recruitment and repayment for certain outstanding finance leases.
08/20/2015
The Cyprus Securities and Exchange Commission has recently issued guidance on what it considers to be significant Cyprus investment firms for regulatory purposes.
08/20/2015
According to “Süddeutsche”, in addition to HSH Nordbank, HVB and Commerzbank, three further large financial institutions, two of them in state hands, are under investigation.
08/20/2015
He is one of about 30 Swiss advisers who have been indicted in the U.S. since 2008, part of a broad probe of tax evasion and undeclared offshore accounts.
08/20/2015
The trial will determine whether the partners should be held responsible for their clients’ losses
08/18/2015
Senior Associate Ashley Fife examines options for restructuring and reshaping Trusts in Bermuda to enable trustees to adapt to unforeseen circumstances.
08/18/2015
The MoU provides a framework for the JFSC and Finanstilsynet to exchange confidential regulatory information and co-operate with each other regarding the supervision and regulation of firms under their respective authority.