Our Offshore Lawyers Worldwide Sao Paulo British Virgin Islands Cayman Islands Cyprus Vancouver Hong Kong London Montevideo Mauritius Singapore
English
Русский
Português
Español
简体中文

Legal Updates

Developments in law or practice in our jurisdictions

16 April 2015 - Portal for BVI FATCA Reporting Launched

The British Virgin Islands International Tax Authority (ITA) has launched its BVI Financial Account Reporting System (BVIFARS). The portal was opened yesterday and is ready to accept enrolment applications from BVI Reporting Financial Institutions (FI...

09 April 2015 - Cyprus banking transactions restrictions abolished

The Enforcement of Temporary Restrictive Measures on Transactions in case of Emergency Thirty-Fifth Decree of 2015 and the Enforcement of Temporary Restrictive Measures on Transactions of Foreign Banks in case of Emergency Twenty-Eighth Decree of 2015...

07 April 2015 - Framework Agreement reached over Iran’s Nuclear Programme

On 2 April the P5+1, the European Union and Iran agreed to a framework for a Joint Comprehensive Plan of Action (JCPOA framework) regarding Iran’s nuclear programme. Further detail on the JCPOA framework can be found in the document...

25 March 2015 - Cayman issues User Guide to Automatic Exchange of Information Portal

As noted in an earlier update, the deadline for the registration of Cayman Islands Financial Institutions with the Cayman Islands Tax Information Authority was recently extended to 30 April 2015. In anticipation of the upcoming go-live date of the Cayman...

24 March 2015 - BVI issues updated FATCA Guidance Notes

The International Tax Authority (ITA) of the British Virgin Islands has today announced the issue of Version 2.0 of the Guidance Notes on the International Tax Compliance Requirements of the Intergovernmental Agreements between the British Virgin Islands...

16 March 2015 - New Cyprus banking decrees released

The Republic of Cyprus today issued its latest decrees regarding the relaxation of banking restrictions, including this development: Transfers of deposits/funds abroad up to €1.000.000 per month (previously €50.000) are freely permitted; The...

11 March 2015 - Cayman Portal registration deadline extended

An update was released recently by the Cayman Islands Department of International Tax Cooperation in relation to the status of the Cayman Automated Exchange of Information Portal (Portal) and the requirement for Cayman Islands Financial Institutions to...

10 March 2015 - Cyprus becomes “Equivalent Jurisdiction” under Cayman Money Laundering Regulations

On 21 November 2014 the Cayman Islands gazetted an amendment to the Money Laundering Regulations (Regulations) to include Cyprus in the Third Schedule to the Regulations which lists countries and territories with equivalent legislation for anti-money...

02 March 2015 - Privy Council clarifies power to rectify share registers of BVI companies

On 21 January 2015 the Privy Council handed down its decision in Nilon Limited v Royal Westminster Investments SA [2015] UKPC 2 clarifying the power of the courts to rectify the share register of a BVI company under section 43(1)(a) of the BVI Business...

23 February 2015 - BVI Case Notes, February 2015

Third party costs order: Does the Court have power to permit service of application out of the jurisdiction? BVIHC (COM) 105OF2014: Hornbeam Corporation v Halliwel Assets Inc, Panikos Symeou, Marigold Trust Company Limited (18 December...

1 2 3 4 5 6 7 8 9 10

Showing 1 - 10 of 224