Category: Jurisdiction

Vatican is now facing new money laundering charges

An arrested Vatican prelate is now facing new money laundering charges. Monsignor Nunzio Scarano and two other people were served with warrants, suspected of money laundering in an attempted plot to smuggle 20 million euros from Switzerland into Italy and launder it through the Vatican Bank. Allegedly, these were “false...

Notice issued by Seychelles International Business Authority

The Authority draws attention to the following website, http://www.investonline.net/ and to the fact that contrary to what is being advertised on this website, the company under the name Invest Online Ltd is not registered and/or licensed by the Authority under the International Business Companies Act, 1994 as amended. Members of the...

The Digital Trap in your Offshore Plan

Usually the issue of digital diversification at these events is something that is missing. A critical component of which is moving your email offshore to obtain significantly more privacy and protection. It is concerning to see people contacting their offshore lawyers, real estate agents, investment professionals, bankers, etc. using their...

Thousands of Britons caught up in tax raid on wealthy foreigners. Chancellor prepares to announce that capital gains tax will be charged on British property sold by overseas nationals and expats

George Osborne, the Chancellor, is preparing to announce that capital gains tax will be charged on British property sold by overseas nationals and expats Thousands of Britons living abroad face being caught up in a tax raid on wealthy foreigners buying and selling property in the UK. George Osborne, the...