Managers of Wealth Offshore

Law firm MJ Hudson opens Guernsey office

MJ Hudson, the alternative asset law firm, has opened an office in Guernsey

BVI Companies - Enforcement of BVI Equitable Share Mortgages - Receivership

There is a statutory requirement for receivers to file a notice of their appointment

Did SA man mastermind world's biggest ponzi scheme?

It is headed up by the Cape-town-based Kellermann, Irish businessman David Cosgrove and Mauritian Kenneth Maillard.

Caledonian freeze order lowered to $7M

The temporary restraining order that froze $76 million of Caledonian Bank’s U.S. assets in the wake of a lawsuit brought by the U.S. Securities and Exchange Commission for alleged securities violations has been modified and reduced to $7 million

Walkers Admits Three New Caymanian Attorneys

Walkers is delighted to announce the admission of three new Caymanian attorneys at law

Changing Domicile: Satisfying the Burden of Proof When Moving Abroad - Withers

Historically taxpayers have faced difficulty overcoming a presumption against a change in domicile to a foreign jurisdiction

Bermuda Insurance Amendment Act 2015 Factors in Solvency II Standards - Appleby

With the exception of the new section 15A (summarised below), which shall become operative on 31 December 2015, the Amendment Act became operative on 27 February 2015.

The BVI Advantage: Benefits of a BVI Business Company

Investors have always been attracted to the BVI for its common law legal principles, administrative simplicity and the ability to ring-fence liabilities

Mason Birbeck joins Parslows

Mason Birbeck joins Parslows from 30 March 2015 to head up the firm’s corporate, commercial, and trust offering

Italian voluntary disclosure – Issues likely to be faced by trustees with Italian resident settlors/beneficiaries and/or Italian assets

As previously reported, Italy has launched a voluntary disclosure programme along the lines of those already in existence in the UK and the US. The new disclosure facility will come to an end on 30 September 2015.

Trustee liability issues - offshore - A Discussion Paper by Vanessa Schrum, Appleby

This discussion paper was first distributed to attendees of the 11th Annual International Estate Planning Institute

New Clients – Old Reasons In Guernsey

Appleby's Gavin Ferguson examines how Guernsey has evolved to provide clients from all over the globe with innovative advice

Singapore's central bank in touch with Malaysia on 1MDB probe

1MDB redeemed $1.1 billion from the Cayman Islands and subsequently parked it into BSI Bank Limited Singapore

What Does the Weavering Verdict Mean for Cayman Directors?

DMS Executive Director and Chief Compliance Officer, Don W. Ebanks was recently interviewed by HFM Week.

Transfers of Shares of Cayman Companies in Liquidation - Ogier

Over the past two or three years, we have seen an increasing number of cases where a client holds and wishes to sell or transfer shares in a Cayman Islands company

Royal Court of Jersey confirms existence of Trustee’s equitable lien

A former trustee’s equitable lien is separate from any contractual right to an indemnity a former trustee may have under a deed of retirement of trustees.

Anchor distances itself from Clarus ‘Ponzi’ scheme

He said allegations against Mr Kellermann related to offshore activities and there had been no accusations or inferences regarding these local investment funds, which are regulated under the auspices of the Financial Services Board.

Gibraltar--A Tax Haven--Sues ABC For Calling It A Tax Haven

According to news reports, Gibraltar’s government isn’t going to take being called a ‘tax haven’ lying down.

Cayman AEOI Portal Almost Open

Although there have been some press reports that the Portal is now open, it is not as at the date of this eAlert.

Appleby Named Finalist for Five ALB China Law Awards

The China Law Awards recognize law firms, in-house departments, banks and accountancy firms for their work on specific deals and being industry leaders.

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