07/04/2020
The Financial Vehicles Regulations make specific provision for what constitutes a "beneficial owner" of a unit trust and prescribe for a threshold level of ownership.
07/04/2020
At the same time, their smart home devices are capable of recording confidential conversations and their phones are able to track their movements with increasing precision.
07/03/2020
In March 2020 the Ministry discussed, with industry members who requested meetings, the possibility of exempting SFOs with registered offices that are licenced under the Companies Management Law or the Banks and Trust Companies Law from the SFO Regulation
07/03/2020
The purpose of this report is to help our clients better understand what “business as usual” in our jurisdictions* actually means.
07/03/2020
Four lawyers from across Carey Olsen's Guernsey and Jersey offices are featured in the 2020 eprivateclient Channel Islands Top 35 Under 35.
07/03/2020
She is an Advocate of the Royal Court of Guernsey
07/03/2020
The Registrar can now also demand that a company hands over any document or information to confirm the beneficial ownership report it has submitted.
07/03/2020
Banking and capital markets firms currently face two challenges.
07/03/2020
Those facing the most uncertainty, and risks of claims, may well be trustees of trusts that hold speculative or high-risk assets including investments in small business start-ups, private equity or venture capital funds, and technology companies
07/02/2020
Historically, the timing of the commencement of the voluntary liquidation of a Cayman Islands company was often driven primarily by the desire to avoid incurring the following year's annual government fees.
07/02/2020
Ireland and Luxembourg have both announced a six month deferral of the first reporting date under DAC6, the new EU Mandatory Disclosure Regime for certain cross border transactions which carry defined tax hallmarks.
07/02/2020
Authorities in Spain and Italy break open two alleged fake wine conspiracies, Barnaby Eales reports.
07/02/2020
The Act contains the most far-reaching reforms to UK insolvency law in over 30 years.
07/01/2020
With such an agreement, Switzerland and the United Kingdom intend to reaffirm their commitment to the importance of open financial markets and international financial stability, as well as to consolidate their position as the world's leading internat
07/01/2020
Alfa Group hired to track and seize overseas wealth in the latest development in legal battle between the Kremlin and Sergei Pugachev.
07/01/2020
Update prepared by Simon Dickson (Partner, Cayman Islands) and Jaclyn Pascoe (Knowledge Management, Cayman Islands)
07/01/2020
Trust Governance Navigating the Global COVID-19 Pandemic
07/01/2020
The Common Reporting Standard requires countries and jurisdictions to exchange financial account information from non-residents obtained from their financial institutions automatically on an annual basis
07/01/2020
This followed FIFA’s adoption, in April 2020, of a document (“Covid-19 Football Regulatory Issues”) authorizing its member associations to extend the season beyond June 30, 2020.
07/01/2020
The JFSC had previously applied a similar proportionate and light-touch approach to very private structures