Offshore special: Singapore focus
By Joanne Harris From The Lawyer Offshore players have high hopes of Singapore but for now the work is limited, so increased competition could stymie firms’ growth Compared with Hong Kong, Singapore has a small number of offshore firms. Although…
Why the BVI is the ‘king of incorporations’ for Chinese and other foreigners
By Naomi Comerford Director of Marketing & Sales OffshoreAlert The British Virgin Islands incorporates more legal entities on behalf of foreign nationals than any other offshore jurisdiction. Many of the clients live in China and Russia. At next month’s OffshoreAlert…
Impact of sanctions in Ukraine and Russia under the Laws of Cyprus, the BVI and the Cayman Islands
From Harneys This guide contains a summary of the current sanctions regime imposed on Ukraine by the European Union in March 2014. No sanctions on the Russian Federation, as relevant to Cyprus, the British Virgin Islands (BVI) or the Cayman…
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Mini-pirates scour the Caribbean with stops for ice cream and Legos
By Sailing Dad From Sailing With Kids Why do a rally and why the Caribbean 1500? I was recently asked this by the website All At Sea Southeast magazine (www.allatsea.net). Here is what I came up with! 1. How did…
Youth sailors fly the flag in BVI
The Cayman Islands Youth sailing team returned yesterday from a very successful showing at the Premier’s Cup regatta in Tortola, British Virgin Islands. They took silver medals in the regatta along with the Maxwell “Mackie” Simmons award for the team…
TT U-19s crushed by Mexico [but beat Cayman]
From T&T NewsDay Trinidad and Tobago’s Under – 19 team were no match for Mexico on Thursday, losing heavily 17-3 at the Hasely Crawford Stadium, Mucurapo, in their NACRA Under-19 match-up. Needing to win by 12 points to have a…
Data exchange to combat tax evasion seen affecting Hong Kong private banks
By Toh Han Shih From South China Morning Post A reporting standard devised by the OECD and the G20 aimed at unearthing hidden wealth will challenge institutions in the city, analysts say An upcoming international information exchange system will affect…
Trust litigation/Immigration aid
Beware of the ‘Blue Vase’ syndrome: Trends in trust litigation By Shân Warnock-Smith QC, ICT Chambers, Cayman Islands, and 5 Stone Buildings, London From IFC Review Rows about family trusts and estates have always been with us and always will…
BVI Government signs Model 1B IGA in relation to FATCA
By Ross Munro From Harneys The BVI Government has signed a Model 1B (non-reciprocal) Intergovernmental Agreement (IGA) in relation to the US Foreign Account Tax Compliance Act (FATCA), it was announced on 30 June 2014. The IGA can be accessed…
Cayman Real Estate – An Important Business Enabler
from Cayman Finance Article by James Bovell From the perspective of real estate, the Cayman Islands is an ideal location in which to establish a business presence, as well as reside and enjoy the wonderful weather, white sand beaches, sophisticated…
