Current themes in private wealth structuring

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Micro Business Companies Act, 2017

By Michael Killourhy and David Mathews The BVI has, for many years, been a key jurisdiction in the international business community with over 350,000 active business companies domiciled here, many of which form part of the corporate structures of the world’s largest multinationals. With the bringing into force of the Micro Business Companies Act, 2017 (the […]

Guernsey Court of Appeal provides avenue of escape to tax advisors and trustees

The long-awaited judgment of the Guernsey Court of Appeal in M v St Annes Trustees has now been handed down. On appeal, neither party challenged the decision of the Royal Court that Guernsey law should follow Pitt v Holt; rather they focused on arguing that there was a breach of fiduciary duty and that the […]

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Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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