CFR

A game changer for pension relief

For companies with large work forces, the growing burdens of retirement pensions pose even greater existential threats than economic volatility. Reorganization in insolvency proceedings...

The new Italian non-domiciled tax regime

Budget Law 2017 (in force from Jan. 1, 2017), has introduced a special forfait tax regime for individuals who transfer their tax residence to...

Cryptocurrencies in the Middle Kingdom: China and Hong Kong

Cryptocurrencies have historically been taken up by mostly tech-savvy, young European males. But that is changing rapidly as Asia, like in so much of...
CFR

Could blockchain technology revolutionize financial services in Cayman?

Blockchain has been widely touted as the most significant technology of the last 20 years, with the potential to revolutionize the financial services industry...

The future of fund management and trading in a blockchain world

Over the past few years, business media and publications have spent an ever increasing amount of time and effort researching, analyzing and publishing information...

Cryptofinance 101: Blockchain technology, investment and regulation

Blockchain-based applications and investment products are all the rage these days. Each week, cryptocurrency news grabs headlines and inflames interest. The U.S. Securities and...
CFR

Escaping the international tax cartel through technology

In 1800, average income per capita across the world was around $1,200 (in 2017 dollars). In Europe, it was around $2,000 and in Ottoman...

External regulatory developments continue to plague Caribbean financial centers

Caribbean international financial service jurisdictions must continue to deal with several external factors as they conduct business. Many of these developments pose challenges to...

Five facts about the BVI that shouldn’t have come as a surprise

The British Virgin Islands cover a geographical area of 152 square kilometers and are home to around 30,000 people – plus a major international...

BVI banking on remedy for struggling financial sector: Bank of Asia could turn around...

At a business conference in the British Virgin Islands in January 2016, Hong Kong-based businessman Carson Wen and his then-partner, Chad Holm, publicly presented...

Confidence, not confidentiality, is the key to a healthy future for IFCs

Whether or not it could fairly be said anymore that a career offshore, rather than simply a career-building stint offshore, is to take the...

Book Review: ‘The Political Economy of Special Economic Zones: Concentrating Economic Development’ by...

Special economic zones (SEZs) with variations known as free ports, free cities, etc have been created in more than 130 countries over the last...
CFR

The offshore future is bright

During a recent STEP Caribbean conference in Grand Cayman, Tim Ridley, past chairman of the Cayman Islands Monetary Authority, listed the attributes that will...

Taxation in the global economy: Balancing competitiveness and solvency

It seems the Administration is using economic growth like magic beans – the cheap solution to all our problems. But there is no golden...

Fake economic news

Fake news is the name given primarily to political news that is not true. Unfortunately, much economic news is also not true, because the...

Entrepreneurial transfer pricing – embracing the arm’s length principle

By publicizing exaggerated tax gap estimates and demonizing tax avoidance schemes based on allegedly abusive transfer pricing schemes, governments and advocates of big-government are...

Antigua and Dominica make changes to diplomatic passports as proper regulation of citizenship-by-investment continues...

In 2017, Antigua and Barbuda and Dominica have made changes to the operation of diplomatic passports while the St. Kitts government continues to debate...
CFR

The unravelling of the General Motors restructuring: Claims beyond the limits of bankruptcy

Bankruptcy law offers distressed businesses tremendous power to force a reduction or restructuring of debts both large and small, but it has distinct limits,...

Prepare for the rise of cryptocurrencies and blockchain technologies

I recently had the distinct pleasure of being on a panel discussion that revolved around the topic of de-risking of Caribbean banking sectors and...

Grey matters

The Conundrum of Hedge Fund Definition Hossein NabilouEUROPEAN COMPANY AND FINANCIAL LAW REVIEWForthcoming available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2846097Abstract: This article attempts to define hedge funds and to distinguish...