Luxembourg lurks in dark as regulators light up shadow banking
By John Glover and Donal Griffin From Bloomberg Grand duchy didn’t share non-bank monitoring data with FSB Shadow banking surges to 69% of GDP of biggest countries: FSB Luxembourg, the home of European Commission President Jean-Claude Juncker and of the…
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Cautious optimism about first steps to curb tax dodging
From NUPGE.ca “It is too early to be certain whether this dip is an emerging trend, or just a blip as has happened before. But this could be a sign that global efforts to curb corporate profit shifting to tax…
Ogier recognised for Latin American work in funds sector
Ogier’s position as a leading investment funds adviser for Brazilian clients has been recognised by Latin Lawyer’s guide to the top business law firms working in Latin America. Head of Global Investment Funds Giorgio Subiotto has also been recognised as…
Why becoming a tax haven would be bad news for Britain
By Richard Murphy From The Guardian UK Theresa May and Philip Hammond have warned the EU that if they don’t like the Brexit deal, they could turn the UK into a tax haven. The truth is that being ‘offshore’ means…
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Foreign stock ownership hits record high in February
By Park Ga-young ([email protected]) From The Korea Herald Foreign investors continued a buying spree on shares of South Korea’s listed companies in February for the third consecutive month, pushing up their holdings of local stocks to a record high, the…
The United States may become an international intellectual property tax haven
From Offshore Bankers Network We are all familiar with the use of offshore intellectual property holding companies to capitalize on international tax gradients. These companies are designed to take advantage of strategic local tax rules to reduce tax burdens on…
New company structure will lure tech start-ups to Luxembourg, says head of Ogier’s corporate team
From Offshore Bankers Corporate law reforms aimed at developing opportunities for tech start-ups and entrepreneurs in Luxembourg are due to come into force next week. The new SARL-S company structure reduces minimum share capital and set-up costs, and is aimed…
François Pfister (Ogier): “The legal market is changing and is going to be very different in five to ten years’ time”
From Leaders League Law firms are usually perceived as conservative and lagging behind in terms of innovation, but Ogier is determined to challenge this image. Their ambition? Redefining talent to create an inspiring workplace, transforming offshore to match the high…
Senior commercial litigator joins Ogier’s BVI partnership
The second major hire for Ogier in the last two months, the appointment of Nicholas Burkill takes the firm’s global partnership to 52 – with Bertrand Geradin recently joining Ogier’s Luxembourg office as part of an ongoing expansion across Ogier’s…
One in three foreign investors based in tax havens
By Choi Sung-jin From The Korea Times About 30 percent of foreign companies and individuals investing in Korean capital markets are registered in tax shelters, with stock and bond holdings worth more than 160 trillion won ($144 billion), a lawmaker…
