US Coast Guard ends search for migrants of capsized vessel off BVI
From Caribbean News Now SAN JUAN, Puerto Rico — US Coast Guard rescue crews ended a four-day search on Saturday for possible survivors of a migrant vessel, which reportedly capsized sometime between the night of July 9, 2016 and last…
BVI Minister Skelton wraps up three-day visit to Cayman Islands
From BVI News Minister of Health and Social Development Ronnie Skelton is heading back to the British Virgin Islands today (June 4) following a three-day official visit to the Cayman Islands. In a media release yesterday, the Government Information Service…
Maples and Calder recruits trusts specialist Ray Davern
Maples and Calder has continued to strengthen its international Trusts and Private Client practice with the appointment of Ray Davern, who joins the firm on 6 June 2016 as a partner in its London office. Ray brings with him over…
BNP Paribas to close Cayman Islands business – Attac website
Reuters From euronews PARIS (Reuters) – French bank BNP Paribas plans to close its remaining business in the Cayman Islands, campaign group Attac reported on its website on Tuesday, in the wake of the Panama Papers revelations about tax havens….
Bahamas designates list of relevant foreign countries [Cayman Islands included]
By Sophia Rolle-Kapousouzoglo Contributed by Lennox Paton From International Law Office The Liquidation Rules Committee has published the Foreign Proceedings (International Cooperation) (Relevant Foreign Countries) Liquidation Rules 2016. The most recent statutory enactment in relation to corporate insolvency in the Bahamas is…
Tax-haven links to Bannatyne float revealed
By JAMIE NIMMO From Evening Standard UK Duncan Bannatyne, the TV star and outspoken critic of tax havens, faced embarrassment today after it emerged he will himself own part of his soon-to-be-floated health clubs empire through a tax haven. After…
Anti-Corruption Summit: IFC Forum calls for shareholder data to be effectively verified
The IFC Forum welcomes the Anti-Corruption Summit’s commitment to improving the accuracy of beneficial ownership information available to tax and law enforcement authorities. Data verification is required to effectively combat crime and corruption. For over a decade the British Crown…
Gordon Brown urges EU states to unite against tax havens
By Larry Elliott Economics editor From The Guardian UK Former prime minister says EU must encourage US to fight against evasion that costs £4.8tn a year to global economy Gordon Brown has called on Europe to impose collective sanctions on…
Treasure Islands: Britain’s offshore hubs
AFP From Bangkok Post LONDON – Prime Minister David Cameron is under pressure to demand greater transparency from Britain’s overseas tax havens, which critics say help promote and support corruption. The leak of documents from Panama-based law firm Mossack Fonseca…
Overseas territories resist calls for concessions to end tax secrecy
By Patrick Wintour Diplomatic editor and Luke Harding From The Guardian UK BVI and others say they will not sign up to public register to expose money launderers as Cameron prepares for key summit Key UK overseas territories led by the British…
