We now have a situation where businesses legally selling cannabis in certain US states are being barred from placing the funds from those sales into federal banking systems.
What are the legal doctrines ⚖️ of ‘champerty and maintenance’ and how could clarifying current uncertainty under BVI law over third-party funding help the BVI in its litigation and arbitration work? Martin Kenney for the IFC Review.
The FBI has come out strongly in favour of the Cayman Islands’ ability to provide law enforcement with verified information about companies’ ‘ultimate beneficial owners’.
The American Bar Association needs to accept that meaningful regulation is here to stay and stop trying to hinder the passage of a Bill that would help tackle money laundering.
The U.S. often portrays herself as the world’s police force. In many respects she is, but not where offshore services are concerned.
Can Canada learn from the UK’s crack down on unexplained wealth?
Could the use of anonymous shell companies be effectively outlawed in America? Not under the current US administration.
Should we praise Lisa Osofsky’s decision to pull no-hoper cases from the Serious Fraud Office’s case files … or not?
Can the Serious Fraud Office really use ‘participating informants’ to prosecute bribery? 💰💰💰
The UK may see itself as one of the self-appointed global anti-corruption, anti-money laundering aficionados, but to many, especially its own Overseas Territories and Crown Dependencies, it is nothing more than the playground bully and a champion of hypocrisy.