Archive | May, 2007

IFC Newslinks

International Regulatory & Judicial News Alert provided by Capital Conservator Treasury Services TROUBLE COMING FOR CAYMAN TAX PARADISE? In recent months, these “offshore” operations of U.S. companies have been under renewed scrutiny in Congress, where some lawmakers say the U.S. Treasury is losing millions of potential tax dollars. Many U.S. firms have subsidiaries registered in […]

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Bahamas to Improve Private Trust Laws

Legislative amendments to allow for the formation of Private Trust Companies has been introduced in the Bahamas, Parliamentary Secretary, Ministry of Finance, Michael Halkitis has revealed. According to Halkitis, these amendments demonstrated the government’s “firm commitment to ensuring the delivery of superior financial services to local and international clients.” “This is a progressive step in […]

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