Managers of Wealth Offshore

The Funds Download: Episode two - A shadow over the global economy.

They relive the events of the financial crises of 2008/2009 and examine what valuable lessons were learnt by the Funds industry as a result.

Austrian Private Client Taxation 101: Private Foundations

From a corporate law perspective, a private foundation is a legal entity without owners or shareholders

HSBC mulls close or sale of Malta branch

This comes about as the HSBC board is working on the biggest restructuring in the bank’s 155-year history after deciding that the coronavirus crisis required more drastic measures.

Tiller announces CI partnership with Sionic

Sionic will also provide implementation support for clients wishing to install the software.

Are my pensions safe at this time?

This is because if there weren’t enough money in the pension scheme to cover all of the benefits, the pensioners have priority.

Cayman Islands finance minister spells out ‘stark reality’ of COVID economic impact

Government to seek bidders to provide $500M credit line

Consultation on revisions to the AML/CFT handbooks

The consultation is open until 31 July.

JFSC proposes fund fee increases

Deadline for feedback is 22 June 2020

Guernsey Mandatory Disclosure rules

The Law will impact arrangements or structures that it is ‘reasonable to conclude’ are either a ‘CRS avoidance arrangement’ or an ‘opaque offshore structure’ as defined in the Law (together the ‘reportable arrange

Report: 254 private funds have registered with CIMA

Our goal is to provide up-to-date data to the local financial services community,” the company said in a press release.

Senegal tears up its double tax treaty with Mauritius

Before the covid-19 pandemic, Mauritius was ranked the second fastest-growing wealth market, beaten only by China.

Bahamas Facing 'Eye Popping' 100% Debt

Mr Pinder described tomorrow’s budget as “a watershed moment for the country” given the critical need to set out an economic and fiscal recovery plan that will put it back on track.

"Back-to-back" redemptions in master-feeder fund structures: a cautionary tale

Harneys acted for representatives of Eagle

Norwich Pharmacal Relief - A Good Arguable Case v Reasonable Suspicion of Wrongdoing

Burford trades on the Alternative Investment Market

Director's Wilful Neglect or Default and Vicarious Liability

The Court of Appeal also considered whether an employer is liable for the actions of an employee .

Guidance from the SFC and the Hong Kong Stock Exchange in Respect of General-Meetings.

As a consequence, a Cayman-listed issuer in Hong Kong must ensure its memorandum and articles of association contains the relevant requirements for holding annual general meetings in accordance with the Hong Kong Listing Rules.

Bank unfairly sacked president during takeover talks, tribunal rules

Ormond Williams wins claim against Cayman National

Premier: No pay cuts planned

This figure is $25.3 million higher than anticipated by the 2020 budget.

Companies Registry ‘clean up’ nearly complete

The Attorney General further noted that the new Unit will also soon commence on-site visits

EU ‘dirty money’ action plan faces resistance, criticism

Reuters has reported that the plan has faced resistance already from three member states embroiled in money laundering scandals: Estonia, Hungary and the Czech Republic.

Regulation, Risk & Compliance