OffshoreAlert
Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.

CORPORATE SERVICES

eMail Alerts  

Sign-Up for eMail Alerts

RSS Feed  

Subscribe to feed

MC Trustees (Malta) Ltd.: €160K Fine

April 16, 2021 - Public Notice by the Malta Financial Services Authority that it has imposed a fine of €160,000 on MC Trustees (Malta) Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that MC Trustees (Malta) Limited was incorporated in Malta on December 11th, 2009, its directors are Noel Buttigieg Scicluna, of Malta; William Daniel Dane, a citizen of the United Kingdom residing in Portugal, and Edward Thorpe, a citizen of the United Kingdom residing in Malta; its former directors include Martin Cadman, a citizen of the United Kingdom who resigned effective December 24th, 2019, and its shareholders are Christine Rhoda Grace Dane, a citizen of the United Kingdom residing in Portugal; William Dane, and MC Holdings (Malta) Limited, a Maltese company incorporated on March 14th, 2011 whose sole director is Martin Cadman and whose shareholders are Martin Cadman and Basi & Basi Financial Planning Limited, a British firm whose sole director is Michael Sudagar Basi, a citizen of the United Kingdom, and whose "persons with significant control" are Basi and Brite Advisory Group Limited, of Hong Kong.

Roger Parry: News Release

April 09, 2021 - News Release by the Guernsey Financial Services Commission announcing penalties against Ian Roger Parry.

Roger Parry: Disqualification

April 09, 2021 - Prohibition Order by the Guernsey Financial Services Commission against Ian Roger Parry, of St Saviour, Guernsey.

Christopher Shaw et al: News Release

March 31, 2021 - News Release by the Guernsey Financial Services Commission announcing penalties against Christopher Henry Shaw, John Adam Robilliard, and Bruce David McNaught.

Christopher Shaw: Disqualification

March 31, 2021 - Prohibition Order by the Guernsey Financial Services Commission against Christopher Henry Shaw, of Glentrool Forest, South Ayrshire, Scotland.

John Robilliard: Disqualification

March 31, 2021 - Prohibition Order by the Guernsey Financial Services Commission against John Adam Robilliard, of St Martin, Guernsey.

Paul Everitt: News Release

March 29, 2021 - News Release by the Guernsey Financial Services Commission announcing the disqualification of Paul Michael Everitt.

Paul Everitt: Disqualification

March 29, 2021 - Prohibition Order by the Guernsey Financial Services Commission against Paul Michael Everitt, of St Martin, Guernsey.

Accused fraudster applies to wind up Circumference Group parent, alleges 'misconduct'

March 10, 2021 - A year after Cayman Islands-based Circumference Group accused him of defrauding clients of his Luxembourg firm Coficom Trust, Nicholas Martin has applied to wind up Circumference's holding company, alleging it is involved in "misconduct".

Nicholas Martin v. Circumference Holdings Ltd.: Winding Up Petition

March 08, 2021 - Winding Up Petition in Nicholas James Martin, of Luxembourg v. Circumference Holdings Ltd., described as "a holding company and corporate parent for the Circumference Group, which is comprised of a number of holding and operating entities engaged in corporate, directorship, trust, fiduciary and accounting services primarily in the Cayman Islands, Luxembourg and The Netherlands", at the Grand Court of the Cayman Islands.

We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources - and email you the results.

View Recent Digests

Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.