12/08/2019
Vatican investments linked to global money laundering investigations
Swiss financial news sites also linked the bank to an alleged $62 million bribe paid to a PDVSA official.
Legal,Regulation,Tax & Compliance
12/06/2019
Equisoft Partners with Refinitiv to Deliver a Powerful Solution for Wealth Managers
Equisoft/analyze for wholesalers powered by Refinitiv Lipper data helps wholesalers evolve from just a source of product information to a genuine tech-enabled business consultant engaged in helping advisors grow.
12/06/2019
RiskAvert upgraded with new features
The Securitisation Regulation consolidates the patchwork of legislation governing European securitisations and introduces the long-awaited rules for issuing simple, transparent and standardised transactions.
12/06/2019
The view from the regulator on Operational Resilience by Megan Butler
The proposals in the Consultation Papers make it clear that we expect you to understand your vulnerabilities, invest in protecting those and protecting yourselves, consumers and the market.
12/06/2019
Corporate Crime update - December 2019
The SFO has published a speech by Sara Lawson QC
12/06/2019
Credit Suisse Blocks Prosecutor Using Critical Finma Report
Finma scolded Credit Suisse in a September 2018 report for numerous “deficiencies” in its money-laundering detection efforts
12/06/2019
BMA Forms View on Cannabis Related Risk
In the conduct of its business, the BMA-supervised licensed entity must continue to adhere to Bermuda’s legal and regulatory requirements as set forth by the BMA and other regulators.
12/06/2019
Mourant tops the offshore rankings in global Powerwomen list
Mourant is in the running for 'Best Employer – Career Progression', as well as an impressive six individual awards
12/06/2019
Key 'Take-Aways' from the Clifford Chance & Mourant Global Funds Conference 2019
Update prepared by Christopher Levers (Counsel, Cayman Islands) and Gemma Cowan (Senior Associate, Cayman Islands)
12/05/2019
Julius Baer books $153 million charge in East German assets case
Zurich Court of Appeal has reassessed the case
12/05/2019
Recent legal trends in Dispute Resolution in the Cayman Islands
Finally, this year we have seen a rise in demand for lawyers to give expert evidence in foreign proceedings or arbitrations on a variety on Cayman trust-law issues.
12/05/2019
Bermuda Offers Safe Haven for Shipping Companies from Winds of Change
These changes, along with changes that permit competitive fee pricing for shipping groups that register multiple vessels and/or use a Bermuda-incorporated vessel owning entity and have a principal place of business in Bermuda, make Bermuda a more attracti
12/05/2019
Offshore fund investors warned to check tax reporting
With two months to go before the 2018/19 self assessment tax return submission deadline, offshore fund investors need to check their tax reporting, before HMRC does, to avoid penalties
12/05/2019
Greece woos the wealthy with plan for ‘non-dom’ tax breaks
Shipowners and entrepreneurs courted with incentives in Athens’ effort to revive economy
12/05/2019
Revised Draft Guidance On Economic Substance In Th Cayman Island
While remaining a work in progress, the revised guidance provides detailed and helpful sector specific commentary including illustrative examples with respect to typical scenarios.
12/05/2019
Securities Investment Business in the Cayman Islands
We recommend that our clients seek legal advice in the Cayman Islands on their specific proposals before taking steps to implement them.
12/05/2019
'Honeymoon period' as firms escape fines for MiFID II reporting failures
FCA pragmatism 'will not last forever'
12/04/2019
Why Nuptial Agreements are Essential in the Wealth Protection Toolkit
In Radmacher, the Supreme Court held that the court should give effect to any nuptial agreement—pre or post—freely entered into with a full appreciation of the implications unless in the circumstances prevailing it would not be fair to hold pa
12/04/2019
Global web of firms for fraudsters created by British company Formations House
The documents show that the “formation agent” has repeatedly failed to carry out proper due diligence on clients and has set up companies for known fraudsters and organised criminals.
12/04/2019
GAM Holding AG: Response to sanction proposal of SIX Exchange Regulation AG
This accounting matter relates to GAM Holding AG’s consolidated financial statements and does not relate to any of GAM’s investment funds, nor to any of its clients.