In Washington, Congress struggles with UBO disclosure rules
In Washington, Congress is struggling with a new law over disclosure rules proposed for a public ownership register of companies.
Legitimate cannabis investors face massive tax and legal headaches
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.
Happy New Year! 🎊
Wishing all our clients, friends and those on the BVI a very Happy New Year and prosperous 2020! 🎆🎉
ACFE Podcast: The Man Who Follows And Recovers Money Around The World
In the October episode of Fraud Talk, asset recovery lawyer Martin Kenney, CFE, shares stories from his decades-long career in finding money lost to fraud and corruption.
Third Party Funding of Litigation and Arbitration in the BVI
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.
FBI recognises efficacy of Cayman Islands’ exchange of information system
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’.
ABA resisting law to prevent money laundering?
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.
See the person, not the disease
Across September, MKS staff have been raising awareness to support the battle against Alzheimer’s.
Offshore shell companies reveal the hypocrisy of U.S. service providers
The U.S. often portrays herself as the world’s police force. In many respects she is, but not where offshore services are concerned.