Switzerland eyes AEOI with 21 countries
AFP, GENEVA, Switzerland From Taipei Times Switzerland, which has been working to end its years-long practice of banking secrecy, on Thursday said it aimed to dramatically increase the number of countries it cooperates with toward international fiscal transparency. The Swiss…
Three Ogier teams advise on biggest UK IPO since Brexit vote
Ogier’s offices in Jersey, Guernsey and Cayman have assisted Biffa, a UK leading integrated waste management company, with its recent listing on the Main Market of the London Stock Exchange, including a refinancing and pre-IPO restructuring. The initial public offering…
Collas Crill Associate admitted as attorney
Collas Crill’s latest appointment, Rupert Stanning, has been admitted as an attorney-at-law of the Courts of the Cayman Islands. Rupert joins Collas Crill as an associate in the dispute resolution team, having previously been admitted as a solicitor of the…
AIFMD Passport Extension: Hurry up and wait
By Sean M. Tuffy August 1, 2016 Articles What does the recent ESMA decision on the AIFMD Passport extension mean for non-EU hedge fund managers? Since ESMA recommended extending the AIFMD passport to Switzerland, Jersey, and Guernsey last year, the…
ESMA advice encouraging for Cayman
From Mourant Ozannes AIFMD Passporting: getting closer On 19 July 2016, the European Securities and Markets Authority (ESMA) released its latest advice1 on the extension of the AIFMD2 passport to non-EU alternative investment fund managers (AIFM) and alternative investment funds…
Butterfield Reports Second Quarter Profit
Butterfield Reports Second Quarter Profit Q2 2016 core earnings(1) of $32.1 million, up $4.3 million (15.2%) over Q2 2015 Q2 2016 net income of $29.8 million, up $6.5 million (27.7%) over Q2 2015(3) Core earnings per share of $0.06, up…
Ogier up for a hat-trick at Citywealth IFC Awards
Ogier has been nominated for a hat-trick of awards at the prestigious Citywealth International Finance Centre Awards. The shortlist has revealed that the firm has been nominated in the Law Firm of the Year categories in the Caribbean, Jersey and…
Ogier scoops major award for rebrand
10th award in 12 months for top law firm Ogier won the Best Rebranding Campaign award at the Citywealth Brand Management and Reputation Awards in London on Tuesday night. The firm was also awarded silver in the Best Website category….
Butterfield welcomes proposed change of confidentiality laws in Cayman Islands
Hamilton, Bermuda and George Town, Grand Cayman—27 May 2016: Butterfield Group, which comprises full-service community banking and wealth management operations in the Cayman Islands and Bermuda, and specialised wealth management and fiduciary services operations in Guernsey, Switzerland, The Bahamas and…
Candy brothers may have paid almost no UK tax on £27m land deal
By Holly Watt From The Guardian UK Panama Papers leak shows property tycoons bought and sold Parkwood estate near Windsor using offshore companies The property tycoons Christian and Nick Candy bought and sold a plot of land worth £27m through…