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Guide on Global Review of Offshore Jurisdictions August ... - Appleby

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<strong>Offshore</strong> legal, fiduciary & administrati<strong>on</strong> services<br />

<strong>Offshore</strong> legal, fiduciary & administrati<strong>on</strong> services<br />

APPLEBY eAlert<br />

Bahrain Bermuda BVI Cayman H<strong>on</strong>g K<strong>on</strong>g<br />

Jersey L<strong>on</strong>d<strong>on</strong> Mauritius Seychelles Zurich<br />

<strong>August</strong> 2009<br />

<str<strong>on</strong>g>Guide</str<strong>on</strong>g> to <strong>Global</strong> <strong>Review</strong> <strong>of</strong> <strong>Offshore</strong> Jurisdicti<strong>on</strong>s:<br />

NEW PUBLICATION AVAILABLE FROM APPLEBY<br />

There is no doubt that <strong>of</strong>fshore centres will c<strong>on</strong>tinue to serve the purpose <strong>of</strong> promoting the efficient deployment<br />

<strong>of</strong> internati<strong>on</strong>al capital - provided they comply with internati<strong>on</strong>ally accepted standards <strong>of</strong> transparency and<br />

cooperati<strong>on</strong> with the countries from which they derive much <strong>of</strong> their business.<br />

To this end, the <strong>of</strong>fshore world has underg<strong>on</strong>e many developments in recent m<strong>on</strong>ths addressing the issues raised<br />

by organisati<strong>on</strong>s such as the G20, and in order to meet the internati<strong>on</strong>al standards <strong>of</strong> transparency, as set by the<br />

OECD. In order to help you keep up with the rapidly changing envir<strong>on</strong>ment, <strong>Appleby</strong> has published a reference<br />

guide <strong>on</strong> the subject, entitled; <str<strong>on</strong>g>Guide</str<strong>on</strong>g> to <strong>Global</strong> <strong>Review</strong> <strong>of</strong> <strong>Offshore</strong> Jurisdicti<strong>on</strong>s (the “<str<strong>on</strong>g>Guide</str<strong>on</strong>g>”).<br />

The material presented in the <str<strong>on</strong>g>Guide</str<strong>on</strong>g> is intended to assist the reader to understand what is taking place at intergovernmental<br />

and governmental levels, in the key jurisdicti<strong>on</strong>s that deal with the <strong>of</strong>fshore world and in the major<br />

<strong>of</strong>fshore centres themselves. As this is a c<strong>on</strong>stantly changing scene, the <str<strong>on</strong>g>Guide</str<strong>on</strong>g> will be regularly updated, ensuring<br />

you have access to current and relevant informati<strong>on</strong> through this resource.<br />

Within the <str<strong>on</strong>g>Guide</str<strong>on</strong>g>, <strong>Appleby</strong> has set out a summary <strong>of</strong> the current proposals or initiatives within these centres,<br />

including the signing <strong>of</strong> TIEAs, progressi<strong>on</strong> from grey to white lists, signing <strong>of</strong> tax treaties and much more.<br />

The purpose <strong>of</strong> the <str<strong>on</strong>g>Guide</str<strong>on</strong>g> is to aid its users in keeping informed <strong>of</strong> the global review <strong>of</strong> <strong>of</strong>fshore jurisdicti<strong>on</strong>s.<br />

<strong>Appleby</strong> encourages readers to seek expert advice from within their own jurisdicti<strong>on</strong> to be immediately sure <strong>of</strong><br />

the swift and c<strong>on</strong>sistent changes within this area that may apply to them.<br />

Request a Copy<br />

This <str<strong>on</strong>g>Guide</str<strong>on</strong>g> is available <strong>on</strong> a complimentary basis to clients and c<strong>on</strong>tacts <strong>of</strong> <strong>Appleby</strong>. To receive your copy <strong>of</strong><br />

this <str<strong>on</strong>g>Guide</str<strong>on</strong>g>, please submit your request by filling out the attached request form and return to Angela Young,<br />

Marketing Communicati<strong>on</strong>s Manager, <strong>Appleby</strong> at ayoung@applebyglobal.com. We will also send<br />

periodic updates with new developments.<br />

This eAlert is published by APPLEBY and is not intended to be, nor should it be used as, a substitute for specific legal advice <strong>on</strong> any<br />

particular transacti<strong>on</strong> or set <strong>of</strong> circumstances. It does not purport to be comprehensive or to render legal advice and is <strong>on</strong>ly intended to<br />

provide general informati<strong>on</strong> for the clients and pr<strong>of</strong>essi<strong>on</strong>al c<strong>on</strong>tacts <strong>of</strong> <strong>Appleby</strong> as at the date here<strong>of</strong>.<br />

The Right People. The Right Places.<br />

applebyglobal.com


<str<strong>on</strong>g>Guide</str<strong>on</strong>g> <strong>on</strong> <strong>Global</strong> <strong>Review</strong> <strong>of</strong> <strong>Offshore</strong> Jurisdicti<strong>on</strong>s - Request<br />

If you would like to receive a copy <strong>of</strong> this publicati<strong>on</strong> and updates as we issue them, please fill out the form, as<br />

follows:<br />

First Name:<br />

Last Name:<br />

Company:<br />

Title:<br />

Address:<br />

City:<br />

Postal Code:<br />

State/Regi<strong>on</strong>:<br />

Country:<br />

If you did not resp<strong>on</strong>d to our recent newsletter survey and wish to be <strong>on</strong> topic specific mailing lists, please note<br />

your interests, below:<br />

Banking & Asset Finance<br />

Corporate Finance & Capital Markets<br />

Funds & Investment<br />

Insolvency & Restructuring<br />

Insurance<br />

Intellectual Property<br />

Islamic & Structured Finance<br />

Litigati<strong>on</strong> & Dispute Resoluti<strong>on</strong><br />

Property Finance, Planning and Development<br />

Telecommunicati<strong>on</strong> & Technology<br />

Trusts & Estates<br />

Employment, Immigrati<strong>on</strong> & Pers<strong>on</strong>al Law<br />

Latin America<br />

If not listed, please provide your particular <strong>of</strong>fshore area <strong>of</strong> interest:<br />

Please submit the completed form to Angela Young, Marketing Communicati<strong>on</strong>s Manager,<br />

at ayoung@applebyglobal.com


Offices<br />

The Right People. The Right Places.<br />

Bahrain<br />

Bermuda<br />

British Virgin Islands<br />

Cayman Islands<br />

H<strong>on</strong>g K<strong>on</strong>g<br />

Suite 2215<br />

Level 22<br />

West Tower<br />

Bahrain Financial Harbour<br />

King Faisal Highway<br />

Manama<br />

Kingdom <strong>of</strong> Bahrain<br />

Tel +973 1750 2848<br />

Fax +973 1750 2847<br />

Can<strong>on</strong>'s Court<br />

22 Victoria Street<br />

PO Box HM 1179<br />

Hamilt<strong>on</strong> HM EX<br />

Bermuda<br />

Tel +1 441 295 2244<br />

Fax +1 441 292 8666<br />

No 56 Admin Drive<br />

Wickhams Cay 1<br />

PO Box 3190<br />

Road Town<br />

Tortola VG 1110<br />

British Virgin Islands<br />

Tel +1 284 494 4742<br />

Fax +1 284 494 7279<br />

Clift<strong>on</strong> House<br />

75 Fort Street<br />

PO Box 190<br />

Grand Cayman KY1-1104<br />

Cayman Islands<br />

Tel +1 345 949 4900<br />

Fax +1 345 949 4901<br />

8 th Floor<br />

Bank <strong>of</strong> America Tower<br />

12 Harcourt Road<br />

Central<br />

H<strong>on</strong>g K<strong>on</strong>g<br />

Tel +852 2523 8123<br />

Fax +852 2524 5548<br />

Jersey<br />

L<strong>on</strong>d<strong>on</strong><br />

Mauritius<br />

Seychelles<br />

Zurich<br />

PO Box 207<br />

13-14 Esplanade<br />

St Helier<br />

Jersey JE1 1BD<br />

Channel Islands<br />

2nd Floor<br />

2 Royal Exchange Bldgs<br />

L<strong>on</strong>d<strong>on</strong> EC3V 3LF<br />

United Kingdom<br />

8 th Floor<br />

Medine Mews<br />

La Chaussée<br />

Port Louis<br />

Mauritius<br />

Level 2B<br />

Caravelle House<br />

Manglier Street<br />

Victoria, Mahe<br />

Seychelles<br />

Bahnh<strong>of</strong>strasse 52<br />

CH-8001<br />

Zurich<br />

Switzerland<br />

Tel +44 (0)1534 888 777<br />

Fax +44 (0)1534 888 778<br />

Tel +44 (0)20 7283 6061<br />

Fax +44 (0)20 7469 0540<br />

Tel +230 203 4300<br />

Fax +230 210 8792<br />

Tel +248 225 281<br />

Fax +248 225 282<br />

Tel: +41 44 214 6525<br />

Fax: +41 44 214 6524<br />

The Right People. The Right Places.<br />

applebyglobal.com<br />

Copyright © 2009 <strong>Appleby</strong>. All rights reserved.

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