Carter Hoppe Legal Consultants

01/12/2015

India’s Reserve Bank has announced the setting up of a central registry of owners of bank accounts, to be called the Central KYC (Know Your Customer) Records Registry. Records will be made available to any Indian financial entity that needs them for reporting purposes, including the US Foreign Accou…

01/12/2015

The annual Overseas Territories Joint Ministerial Council (JMC) meeting takes place in London this week. According to Cayman Premier Alden McLaughlin, UK access to company beneficial ownership data is not on the official agenda but will be discussed separately with Foreign & Commonwealth Office Mini…

01/12/2015

HM Revenue & Customs has launched a campaign warning offshore tax evaders to declare their assets before worldwide tax information sharing agreements start operating next year. The existing Liechtenstein Disclosure Facility, and the Crown Dependencies and Overseas Territories Disclosure Facilities,…

01/12/2015

The amendments to the British Virgin Islands’ (BVI) Business Companies Act, announced by Premier Orlando Smith earlier this month, have been published in draft form. They require a BVI company to file a list of directors with the Registrar by 31 December 2016, and to notify records of its financial…

24/11/2015

Mr Justice Mostyn has imposed a nine-month jail sentence on a man who refuses to recognise disclosure orders issued by the England & Wales High Court in respect of financial remedy proceedings. A European Arrest Warrant was subsequently issued by the court against the husband. Abdul Amir Al-Baker sa…

17/11/2015

The UK Foreign and Commonwealth Office has set out exactly what it requires of its Overseas Territories regarding transparency of company beneficial ownership. The demands stop short of a public central register, but do require that companies or their beneficial owners must not be alerted to the fac…

24/08/2015

A senior official of the US Internal Revenue Service (IRS) has suggested that the agency might use a summons to obtain offshore credit card information to track and identify American offshore account depositors through correspondent banks. It may also revive the practice of issuing summonses to brok…

16/08/2015

16/08/2015

Regulation (EU) No.650/2012 (the Succession Regulation or Brussels IV) will become fully effective from 17 August 2015 and change private international law (PIL) for estates and administration throughout most of the EU. Although the Succession Regulation will not apply in Denmark, Ireland or the UK…

12/08/2015

We are eager to speak to any Dubai based lawyers, with 5 or more years PQE, who are interested in practising on a chambers basis. Please see our Careers page at www.carterhoppe.com.

12/08/2015

We are delighted to announce the appointment of Arran Dowling-Hussey who will join us in an of counsel role. Arran is a Barrister, Arbitrator, Accredited Mediator and Adjudicator with extensive international experience. He has acted as an ADR neutral in scores of cases and is a member of a number of…

12/08/2015

The England & Wales High Court’s recently ruled that a divorced person can claim against her deceased ex-spouse’s estate under the Inheritance (Provision for Family and Dependants) Act 1975, even though the divorce order contained the usual statement dictating otherwise. The claimant was living with…