08/14/2014
The Mounties allege the accused raised the money from investors through New Life Capital Corporation and affiliated firms, but that the cash was then transferred to their personal accounts in the Bahamas.
08/14/2014
Bacon, the chairman and chief executive officer of Moore Capital Management LLC, wants more than a thousand hours of footage
08/14/2014
As the crisis over Ukrainian sovereignty has deepened, notably following the crash of Malaysia Airlines Flight 17, the EU has sought to increase punitive measures on rebel groups within Ukraine and targets within Russia.
08/14/2014
The proceeds of the placing were used in the acquisition of two prestigious commercial properties in the Channel Islands: 40 Esplanade in St Helier, and Glategny Court in St Peter Port.
08/12/2014
FBME Bank, was placed under administration by the Central Bank of Cyprus following allegations of money laundering by the US Treasury’s watchdog FinCEN unit.
08/12/2014
Mergers & Acquisitions
08/12/2014
This briefing note describes the key features of a protected cell company and summarises the formation, structure and liquidation procedures particular to this type of company.
08/12/2014
SEC Charges Bahamas-Based Brokerage Firm and President with Facilitating Fraudulent Scheme by Hedge Fund Manager
The Securities and Exchange Commission has charged a Bahamas-based brokerage firm and its president for enabling a fraud that was halted when the SEC charged the hedge fund manager at the center of the scheme.
08/08/2014
Scheme that entailed concealing the practice of routing orders to an offshore affiliate in Bermuda to add mark-ups or mark-downs.
08/08/2014
Carey Group has become the first listing agent in the world not based in the Cayman Islands to become a Cayman Islands Stock Exchange (CSX) listing agent.
08/07/2014
Initial industry feedback estimates that hundreds of ICAVs will be formed in the initial phases representing billions of euros. As a result, it will immediately become one of the most popular legal forms for Irish funds.
08/06/2014
Mid Europa Fund IV is a Guernsey authorised closed-ended investment scheme established primarily to make controlling investments in market leading companies in Central and Eastern Europe and Turkey (the Region).
08/05/2014
Bermuda’s Trustee Amendment Act 2014 (Amendment Act), effective 29 July 2014, amends the Trustee Act 1975 to provide statutory force to the Court’s discretion to set aside a fiduciary’s exercise of a power where the exercise of that powe
08/05/2014
The deadline for registration is Thursday 4 September.
08/05/2014
The Hedge Fund Manager On The FBI’s Most Wanted List
Artificially improve the performance of eight Cayman Islands-based hedge funds
08/05/2014
When a UK resident but non-domiciled individual taxed on the remittance basis takes out a loan, either in the UK or overseas, which is secured on foreign income and gains and brings the funds borrowed into the UK, there are two aspects of the loan which m
08/04/2014
Ogier Legal has announced that four Channel Island based lawyers were promoted on 1 August as part of their continued investment in training and developing top quality lawyers.
08/04/2014
A federal jury found the Wylys liable for a system of offshore trusts in the Isle of Man that netted the brothers $553 million in profits through hidden trades between 1992 and 2004 in companies they controlled.
08/04/2014
Jersey Finance says its members will comply fully with all the legal obligations placed upon the business community in its interactions with Russia.
08/01/2014
Former UBS AG banker Raoul Weil, accused of helping Americans evade taxes, may be allowed to call fellow bankers as witnesses to testify from overseas by video because they fear arrest if they travel to the U.S.