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Cayman Islands named 2nd on ‘world’s worst tax havens’ list

From The Irish Times Ireland and four UK territories named on ‘world’s worst tax havens’ list Bermuda tops the Oxfam-compiled list of the world’s 15 worst corporate tax havens THE Republic of Ireland along with four UK-linked territories – Bermuda,…

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Maples and Calder advises Western Digital on acquisition of SanDisk

Maples and Calder has advised Western Digital Corporation (“Western Digital“) on the Cayman Islands law corporate and financing aspects of the acquisition by its wholly-owned subsidiary Western Digital Technologies, Inc. of SanDisk Corporation (“SanDisk“), which completed on 12 May 2016…

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Iran sanctions to be repealed in line with EU/UK position

By Aki Corsoni-Husain and Mirza Manraj Contributed by Harney Westwood & Riegels From ilo Introduction BVI position in 2009 BVI position in 2010 Joint Comprehensive Plan of Action Introduction On July 14 2015 the Joint Comprehensive Plan of Action (JCPOA)…

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UK overseas territories could be affected by EU tax crackdown

By Simon Bowers From The Guardian UK Jersey, British Virgin Islands and Cayman Islands among possible targets for economic sanctions after being included on low corporation tax scorecard Eight British overseas territories and crown dependencies, including Jersey, the British Virgin…

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New countries eligible for Italy’s White List

By Orrick, Herrington & Sutcliffe LLP From JDSupra Business Advisor In the Official Gazette No. 195 of 22 August 2016, the Italian Government published the Ministerial Decree of 9 August 2016 (the “Decree”) that amended the list of countries and…

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Panama Papers: IT dept sends 200 info exchange requests

From Money Control The countries to which these references have been made include the United States, the UK, Singapore, nations in the Caribbean islands, Switzerland, British Virgin Islands and the United Arab Emirates (UAE), among others. Widening its probe in…

Maples beat the heat

Maples staff beat the heat with ice cream treats All employees of the Maples group’s Cayman offices were recently treated to a special afternoon with ice cream of their choice to help beat the summer heat. On Monday, 8 August…

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Virgin boss Richard Branson injured in bike accident in Caribbean

From ABC Australia British billionaire Richard Branson said Friday he thought he was going to die in a biking accident. British billionaire Richard Branson says he thought he was going to die in a biking accident in the British Virgin…

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More capital from tax havens [inc Cayman Islands] poured into Vietnam

From Vietnam.net VietNamNet Bridge – Foreign businesses have invested in their own companies but have also contributed capital to thousands of Vietnamese companies. A report of the Foreign Investment Agency (FIA) showed that Vietnam attracted $13 billion worth of foreign…

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Dispute Resolution Attorney joins Cayman Islands HSM Group

Dispute Resolution Attorney Joins HSM Group The HSM Group has added a new dispute resolution attorney, Mr. Kerrie Cox, to its expanding practice. Mr. Cox, a highly regarded attorney in the jurisdiction is bringing his experience to the commercial sector…