The British banker that killed 2 people in Hong Kong ordered them food first
HONG KONG (Reuters) – British investment banker Rurik Jutting acted rationally before and after he killed two Indonesian women in his luxury Hong Kong apartment, ordering food for one victim and calling his mother after the killings, the prosecution said…
Indonesia: Majority of declared and repatriated assets coming from Singapore [not the ‘infamous’ Cayman Islands]
By Ayomi Amindoni From The Jakarta Post Most of the declared and repatriated assets in the first round of the tax amnesty program have come from Singapore, and not from the tax havens, directorate general of taxation data shows. Declared…
Gadget of the week
IRL: A tablet holder for using your device in bed By Richard Lai From engadget There are times when I just want to lie in bed and surf random YouTube channels on my phone or tablet, but it’s impossible to…
Cayman Islands: Carlyle sues China ATM firm seeking $369 million over missed IPO
By Benjamin Robertson, Cathy Chan From Bloomberg Winding-up petition filed in Caymans by two Carlyle funds Carlyle Asia Growth Partners IV announced investment in 2010 Carlyle Group LP funds are taking legal action against Chinese automated teller machine company ATMU…
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…
Airlines are charging a hidden fee that’s increasing your plane ticket — and they won’t say what it’s for
By Danielle Muoio From Business Insider Few spend time analyzing the breakdown of a plane ticket. Our modus operandi is to compare ticket prices, usually through a website like Expedia or Kayak, pick whichever deal we can manage to glean,…
The great new era of Bitcoin isn’t happening
By Kim Iskyan, Truewealth Publishing From Business Insider The big new thing isn’t going to replace the boring old thing that’s been around forever. Ever. Market bubbles are often based on “new paradigm” thinking – like a new concept or technology…
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…
Cayman Islands: The Confidential Information Disclosure Law: Increasing corporate transparency
From Mourant Ozannes AUGUST 2016 This briefing is only intended to give a summary and general overview of the subject matter. It is not intended to be comprehensive and does not constitute, and should not be taken to be, legal…
EU watchdog backs ‘passport’ for U.S. hedge funds in Europe
By Huw Jones From Reuters Hedge funds from the United States, Singapore and Hong Kong should be allowed to market themselves in the European Union, the bloc’s financial watchdog said on Tuesday. The long-delayed recommendation from the European Securities and…
