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A vehicle designed for securitisations and other transactions where an insolvency-remote vehicle is required.
The deadlines for BVI RFIs to enrol with, and report to, the BVI International Tax Authority (the “BVI Tax Authority”) have been extended.
Since our last edition three Bermuda companies have completed listings on the NYSE and Nasdaq.
Clarification on a liquidator’s authority in relation to anti-suit injuctions and more.
Cayman has taken a creditor-friendly approach to implementation.
The decision in Stichting Shell Pensioenfonds v Krys and another clarifies a liquidator’s authority in relation to antisuit injunctions.
To facilitate reporting under and reduce the burden of compliance with FATCA Bermuda has signed a Model 2 intergovernmental agreement with the US.
This publication provides a brief overview of the expected impact on entities incorporated in the Cayman Islands of FATCA.
This publication provides an overview of the impact on entities incorporated in the BVI of FATCA and equivalent rules implemented in relation to UK taxpayers.
The court looked at the issue of whether a stranger to a trust, who dishonestly assists in a breach of trust, is a ‘trustee’ within the meaning of s21(1)(a) of the UK Limitation Act 1980.
The UK government announced late last year that it would seek to make arrangements for the automatic exchange of information with its overseas territories.
The Cayman Islands government has announced that it has now signed a FATCA-type intergovernmental agreement with the UK.
The UK Privy Council, the highest court for the BVI, has agreed to hear a further appeal that will provide final determination concerning the validity of the Sentry redemptions.