06/01/2015
In emerging economies, there tends to be poor institutional environments characterized by corruption, regulatory uncertainty, underdeveloped intellectual property rights protection and governmental interference.
05/29/2015
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.
05/28/2015
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
05/28/2015
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.
05/28/2015
Several mechanisms and arrangements are available for someone who wants to conceal his involvement in a transaction.
05/27/2015
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.
05/27/2015
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.
05/27/2015
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.
05/24/2015
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
05/22/2015
Global law firm to set up Bermuda office
The firm will also be expanding its global legal footprint to Bermuda, where it plans to open an office, becoming the first major international offshore firm to enter that market as a new entrant.
05/22/2015
Appleby Bermuda Advised Lexmark International in Acquisition of Kofax Limited
Tonesan Amissah commented: “It was a pleasure working with Lexmark on this merger transaction which will see Lexmark nearly double the size of its enterprise software business to an approximately $700 million business.”
05/22/2015
“The three-day conference and exhibition provides an invaluable opportunity to meet representatives from all aspects of the aviation industry, including major corporate aircraft manufacturers, international business leaders and government officials,
05/22/2015
Leading law firm launches global team providing offshore and legal advice relevant to tax
Having advised financial institutions, multinational corporates, funds and asset managers on offshore and legal advice relevant to tax for many years, the firm has now drawn together a team of partners with specific tax expertise.
05/22/2015
Last year the Minister for Financial Services Hon Wayne Panton stated that the current law is outdated and is certainly not in tune with modern practice.
05/22/2015
The New Fund Regulations herald the introduction of two new, lightly regulated fund products which will appeal to start-up managers as they are fast and easy to set up
05/21/2015
The Isle of Man Financial Supervision Commission (FSC) has issued a consultation in relation to proposals to create a specific regulatory regime to facilitate crowdfunding activity.
05/20/2015
Accordingly, the Cayman Islands government has recently passed the International Interests In Mobile Equipment (Cape Town Convention) Law, 2015 which will only come into force once the Convention has been extended to the Cayman Islands.
05/20/2015
The fundraising is believed to be the largest single investment in litigation funding to date
05/19/2015
Bermuda Office Managing Partner Kiernan Bell said: “We were thrilled to have the America’s Cup trophy visit our offices and to see in person the historic silver trophy which embodies the sport of sailing around the world.
05/19/2015
Thinking about the end at the beginning