North America
North America | 11 May 16
Cayman Islands to repeal ‘secrecy law’
The Cayman Islands will repeal its Confidential Relationships (Preservation) Law, commonly known as the ‘secrecy law’, by September 2016 as it looks to step up its fight against corruption and tax evasion.
Focus Financial enters Australia after signing up MW Lomax
The US-based partnership of independent wealth management firms, Focus Financial Partners, has expanded its international network to Australia by signing up the Melbourne-headquartered MW Lomax Group.
North America | 6 May 16
US moves to tighten beneficial ownership rules
The US government has adopted a new rule requiring financial institutions to identify the true owners of companies they do business with in a bid to crackdown on international tax evasion, media outlets have reported.
North America | 4 May 16
Clinton vs Trump and the US stock market fallout
With the final battle for the White House inevitably looking like a showdown between Hillary Clinton and Donald Trump, the relationship between presidential elections and the US stock market is once again catching the attention of investors.
North America | 29 Apr 16
Cayman Is. mimic Delaware’s limited liability company
The Cayman Islands is to introduce a new type of business vehicle in the form of a limited liability company (LLC), inspired by similar legislation in the US state of Delaware.