Tax Havens in the Imperial Network
By Tony Norfield “We don’t pay taxes. Only the little people pay taxes.” —Leona Helmsley The motto of the ineffable billionairess came to mind recently with the publication of the Panama Papers. This huge set of files leaked from a Panamanian…
HMRC claims billion pound week with win against Jersey firm
By Richard Hubbard From International Adviser The UK tax office has won a judgement against a limited partnership registered in Jersey, the Clavis Liberty Fund 1 LP scheme, which it claimed had tried to create artificial tax losses. HM Revenue…
Cayman Islands: Ogier named Best Offshore Law Firm in the Hedgeweek Awards 2016
Ogier has been named Best Offshore Law Firm in this year’s Hedgeweek Awards. The award is the result of a vote by readers of Hedgeweek across North America, Europe and Asia-Pacific – including institutional and high net worth investors as…
iNews Briefs & Community Events (From BIG FISH 95.5)
Channel Island credit ratings downgraded by S&F From BL UK The credit ratings of both Jersey and Guernsey have been downgraded from AA+ to AA by Standard & Poor’s. The downgrade comes after a recalibration exercise by S&P and is…
UK: David Cameron’s ‘broken pledge’ to tackle £30bn tax haven used by Google
BY JASON BEATTIE From Mirror UK David Cameron has broken a pledge to tackle tax havens used by Google David Cameron is accused of breaking his pledge to force tax havens used by companies such as Google to open their…
Appleby: Number of IPOs reaches 5-Year High
From Bernews There were more than 200 offshore initial public offerings [IPOs] announced or completed in 2015, with the majority of those businesses coming from the Cayman Islands, according to data compiled by leading offshore law firm Appleby. The firm…
Ogier advises Zedra on acquisition of Barclays’ Offshore Trust and Fiduciary Businesses
From Ogier Ogier has advised an independent investor group led by the Sarikhani and Nielsen families on their acquisition of Barclays Bank plc’s offshore trust and fiduciary businesses in Cayman, Guernsey, Jersey, Isle of Man, Singapore and Switzerland. Those businesses,…
Equiom Group acquires Vivat Trust & Corporate Services Limited
By Lisa Corkish From manx.net Equiom Group acquires Vivat Trust & Corporate Services Limited – picture International trust and corporate services provider, Equiom has expanded its Jersey business following the acquisition of Vivat Trust & Corporate Services Limited, an independent…
JTC Cayman acquisition bolsters fund administration capabilities
Independent institutional and private client service provider JTC has extended the capabilities of its Cayman Islands office to offer a broad range of fund administration services, following the completion of its acquisition of GAM’s fund administration business based there. Having…
Cayman Trust Licence enables Hawksford to expand presence and global capabilities
SOURCE Hawksford SAINT-HÉLIER, Jersey, November 30, 2015 /PRNewswire/ — Hawksford is now able to provide a full range of trust services in the Cayman Islands, having secured a Trust Licence. The Trust Licence, which is issued by The Cayman Islands…
