Chinese tourists race to UK after Brexit
From Newsmax By voting to leave the European Union, Britons have delivered a potential windfall to tourists eager to snatch up Burberry trenchcoats, Harrods Stilton and Liberty scarves on the cheap. The outcome of Thursday’s referendum sent the British currency…
Two Ogier partners named in Asian offshore Top 10
Nicholas Plowman and Anthony Oakes have been named as two of the 10 most outstanding offshore lawyers in the inaugural Asian Legal Business Offshore Client Choice List 2016. “Among the many legal professionals involved in offshore transactions in Asia, there…
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…
Ogier cites Cayman listings growth in Taiwan IPO market
After a relatively challenging year in 2015, demand is increasing for Cayman listing vehicles for IPOs on the Taiwan Stock Exchange (TWSE) according to law firm Ogier, which is now acting as Cayman Islands counsel on more F-Share (foreign company)…
Dozens of big firms to appear in New ‘Panama Papers’ Database
By Brian Baxter, From The Am Law Daily Update: For a revised list of major firms that appear in the ‘Panama Papers’ (excluding those that appeared in an earlier investigation by the ICIJ), please see related story below main article)…
Hong Kong urges greater AML and KYC effort after Panama leak
By Monira Matin From International Adviser Banks and financial institutions in Hong Kong must “strictly comply” with existing money laundering laws requiring them to disclose the identities of their customers and what they intend to do with their money. The…
OPINION: The case for offshore
By Richard Hay Eye-popping revelations in the Panama Papers have fanned concerns that the so-called “tax havens” lie at the centre of a giant web of criminal conduct. Some, including UK Leader of the Opposition Jeremy Corbyn, have demanded that…
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PE man to play for Cayman Islands at sevens event
By Riaan Marais From Herald Live Brown can’t wait to take to field in Hong Kong ONE of Port Elizabeth’s sons will add some South African flavour to Caribbean rugby when the Cayman Islands national team travels to Hong Kong next…
Alibaba grows its empire into news, to buy the South China Morning Post
By Seth Fiegerman From Mashable Alibaba has long dominated China’s online shopping market. Now the company is about to own a significant chunk of the country’s media industry too. The Chinese e-commerce giant announced on Friday that it has agreed…
One size does not fit all
By Sarah Spigelman Richter From Mashable How some Asian cultures use chopsticks differently If you thought people using chopsticks follow the same protocol in cultures throughout Asia, start taking notes. For instance, in Japan people don’t stick their chopsticks straight…
