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...

OECD Watch

The Organisation for Economic Cooperation and Development (OECD) has gradually carved for itself a central role in global tax matters over the last two...

May, you live in interesting times

Theresa May’s gamble of calling an unnecessary early election failed.Instead of increasing her parliamentary majority, she saw it collapse. As I write this, her...

Blockchain innovation and fee structure implications for private investment funds

The traditional 2/20 fee structure of private investment funds has come increasingly under pressure in the last ten years. While market factors help explain...

Friar Tuck Ltd, Quiver Inc and International Tax Authority: A British Virgin Islands’ decision...

For several years now, some of us in the financial services industry have lamented the plethora of legislation which has been foisted on jurisdictions,...

Caribbean IFCs: Where to now?

Over the past two decades, various international cross-border and regulatory initiatives have been the catalyst for significant changes to the regulatory framework of international...

Growing pensions pain: Bad policies of the past, bad politics of the present

A recent report from the World Economic Forum highlighted a significant, and frequently overlooked, problem building up in the global economy. In its May...

Brexit and Trump – a reboot for global tax policy?

What do the electoral shake-ups of 2016 mean for Cayman and other offshore centers? With Trump now inaugurated and in command of the White House,...

Blockchain innovation for private investment funds

Blockchain technology offers unprecedented innovation opportunities for the private investment fund industry. Several private investment funds have spearheaded the implementation of blockchain technology and...

Bring on the Robot Revolution

The story of human development is a story of disruptive – and liberating -- innovation. More particularly it is a story of new tools....

Quarterly Review

Cayman’s bond rating ‘stable’ The Cayman Islands government’s debt rating has stayed the same and maintains a “stable” outlook going forward, according to Moody’s Investors...

Effort to repeal FATCA gains steam

When the United States passed the Foreign Account Tax Compliance Act (FATCA) in 2010, it precipitated a shift in global tax enforcement. Enforcement efforts...

US tax reform, border adjustment taxes, and international trade law

With the Republicans now in control of the U.S. Congress and the White House, tax reform is high on the agenda. One of the...

The United Kingdom targets offshore tax evasion “enablers”

Offshore tax evasion has received substantial scrutiny in recent years. The United Kingdom’s 2016 Finance Act empowers U.K. regulators to sanction lawyers, accountants, and...

Book Review: ‘The Money Problem: Rethinking Financial Regulation’ by Morgan Ricks

Morgan Ricks’s Money Problem is unusual in that it presents the creation of money by banks in simple but detailed terms that should be...