Bermuda
Rich at risk after offshore law firm hacked
Just 18 months after the Panama Papers rocked the offshore world, a Bermuda-based offshore law firm has confirmed it was hacked in 2016, raising concerns that details of high net worth individuals and corporations could be at risk.
Northstar sets up in the Dubai International Finance Centre
Bermuda-based Northstar Financial Services has opened an office in the Dubai International Financial Centre (DIFC) and appointed Sanjeev Chowdhury as principal representative.
Top 50 US firms stashing $1.3trn offshore, says Oxfam
The 50 biggest US corporations have more than a trillion dollars hidden offshore, according to a new report published by Oxfam on Thursday.
Tax & Regulation | 17 Mar 16
AIMA launches Bermuda network
The Alternative Investment Management Association (Aima), the global representative body for alternative asset managers, is to establish a new voluntary network in Bermuda.
AIFMD passport inclusion decision expected by June – CIMA
The Cayman Islands Monetary Authority (CIMA) said it is confident the European Securities and Markets Authority (ESMA) would complete its assessment of a second wave of nations for inclusion into the AIFMD passport system by June 30.
