Managers of Wealth Offshore

Updated edition of leading BVI law textbook published

Harneys authors third edition of British Virgin Islands Commercial Law

Swiss End to Bank Secrecy One Step Closer as Law Revamp Proposed

Switzerland today proposed two draft laws that would effectively get rid of bank secrecy for offshore accounts and allow the automatic exchange of an account-holder’s information with foreign tax authorities.

WikiLeaks Banker Called Traitor as Prosecutor Seeks Jail

A Swiss banker accused of revealing details of tax-dodging clients on WikiLeaks is a traitor who should be sentenced to three and a half years in prison

International law firm Opens in Luxembourg

The new office will be located on the Boulevard Royal, at the heart of Luxembourg’s financial and business district.

Argentina puts 30-day suspension on HSBC transfers abroad

British bank HSBC, charged with helping more than 4,000 Argentines commit tax evasion, will not be able to transfer Argentine funds abroad for 30 days, under a decision announced Monday.

International Pension Plans in Bermuda by Appleby

With its enviable reputation in offshore trusts, pensions and insurance, Bermuda is an ideal jurisdiction for employers wishing to establish international pension and employee benefit plans.

McDowell backs Ansbacher judge over tax scandal

FORMER Tanaiste Michael McDowell has described as "nonsense" suggestions that Ansbacher inquiry judge Declan Costello was compromised by holding an account with the bank involved in the tax evasion scandal.

Ogier advises Moorfield on exchange of contracts to sell diversified portfolio to Lone Star

Ogier in Jersey has acted for Moorfield Real Estate Fund and Moorfield Real Estate Fund II in connection with the exchange of contracts to sell a diversified real estate investment portfolio

New Year promotions at Collas Crill

In the firm's top-tier Dispute Resolution team, Simon Hurry (Jersey) and Ben Havard (Guernsey) have both been promoted to Senior Associate. In Collas Crill's Singapore office

All offshore accounts not illegal but offshore black money has to be brought back

India's topmost law officer, Attorney General of India Mukul Rohatgi, walks the corridors of India Inc and the Government of India with equal ease.

Offshore Tax Crime Proposal Left Out Of Finance Bill

Controversial proposals for a law to make failing to declare offshore income a criminal offence seem to have been put on the backburner by The Treasury.

Conyers advises on first LSE listing of Cayman Islands special economic zone company

Conyers Dill & Pearman has provided Cayman Islands legal advice to United Cacao Lt SEZC

China Negotiates Seizure of Ill-Gotten Offshore Assets

Chinese authorities are seeking to strengthen their collaboration with Western countries to recover ill-gotten assets which have been sent offshore.

QROPS TV Reports On Latest Legal Changes To UK Pensions Affecting Britons Overseas

QROPS TV has published a new editorial on the new laws coming into effect around UK pensions and specifically how this affects Britons in the US looking to transfer their pension to a 401k.

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