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Mare Nostrum Melita Ltd.: License Cancellation

April 29, 2019 - Regulatory Notice by the Malta Financial Services Authority regarding Mare Nostrum Melita Limited.

Fairfield Sentry Ltd. et al v. Citco Group Ltd. et al: Motion to Seal

April 22, 2019 - Ex Parte Motion for Order Authorizing the Foreign Representatives to File Complaint in Partially Redacted Form and Unredacted Complaint Under Seal in Fairfield Sentry Limited, Fairfield Sigma Limited, and Fairfield Lambda Limited, all in liquidation, all of the British Virgin Islands, v. Citco Global Custody NV, of the Netherlands; Citco Global Custody (NA) NV, of Curaçao; Citco Fund Services (BVI), of the British Virgin Islands; Citco Fund Services (Europe) BV, of the Netherlands; CGC NA, of Curaçao; Citco Banking Corporation NV, of Curaçao; Citco Bank Nederland NV, of the Netherlands; Citco Bank Nederland NV, Dublin Branch, based in Ireland, and Citco Group Limited, of the Cayman Islands, at the U. S. Bankruptcy Court for the Southern District of New York.

Fairfield Sentry Ltd. et al v. Citco Group Ltd. et al: Complaint

April 22, 2019 - Complaint in Fairfield Sentry Limited, Fairfield Sigma Limited, and Fairfield Lambda Limited, all in liquidation, all of the British Virgin Islands, v. Citco Global Custody NV, of the Netherlands; Citco Global Custody (NA) NV, of Curaçao; Citco Fund Services (BVI), of the British Virgin Islands; Citco Fund Services (Europe) BV, of the Netherlands; CGC NA, of Curaçao; Citco Banking Corporation NV, of Curaçao; Citco Bank Nederland NV, of the Netherlands; Citco Bank Nederland NV, Dublin Branch, based in Ireland, and Citco Group Limited, of the Cayman Islands, at the U. S. Bankruptcy Court for the Southern District of New York.

Sergii Lagur et al v. Estera Corporate Services (BVI) Ltd. et al: Judgment

April 04, 2019 - Litigation funding-related judgment in Tetiana Ieremeieva and Roman Yeremeiev, as Respondents/Claimants, v. Estera Corporate Services (BVI) Limited, as Respondent/Defendant, and Sergii Lagur and Stepan Ivakhiv, as Applicants/Defendants, and Sofiia Yeremeieva (a minor), as defendant, at the British Virgin Islands High Court.

Jonathan Wilson: Prohibition Order

April 01, 2019 - Prohibition Order by the Guernsey Financial Services Commission regarding Jonathan James Wilson.

Vida Financial Services Ltd. et al: Public Statement

April 01, 2019 - Public Statement by the Guernsey Financial Services Commission regarding Vida Financial Services Limited and Jonathan James Wilson.

ManagementPlus (Cayman) Ltd.: License Revocation

March 27, 2019 - Decision Notice by the Cayman Islands Monetary Authority regarding the revocation of the Companies Management License of ManagementPlus (Cayman) Limited.

Alan Harley Corporate Services Ltd.: License Revocation

March 26, 2019 - Public Notice by the Mauritius Financial Services Commission announcing it has revoked the license of Alan Harley Corporate Services Ltd.

Apex Fund Services sued over '$10M fraud' against Silk Road M3 Fund

February 24, 2019 - Apex Fund Services, its CEO, Peter Hughes, and investment firms in the Cayman Islands and Mongolia are being sued in Bermuda regarding an alleged $10 million fraud perpetrated by 46-year-old, New York-based investment manager Alisher Ali Djumanov.

The Silk Road M3 Fund v. Alisher Ali et al: Writ of Summons

February 15, 2019 - Generally Endorsed Writ of Summons in Matthew Clingerman, as Receiver of The Silk Road M3 Fund, a segregated account of Silk Road Funds Limited, v. Alisher Ali, a.k.a. Alisher Djumanov; Eurasia Capital Ltd., of the Cayman Islands; Eurasia Capital Mongolia LLC, of Mongolia; Silk Road Management Limited, of the Cayman Islands; Silk Road Finance Limited, of the Cayman Islands; Silk Road Finance Inc., formerly known as Silk Road Ventures Ltd. and formerly known as Ole Remediation Ltd., of the Cayman Islands; Apex Fund Services Ltd., of Bermuda, and Peter Hughes, of Bermuda, at Bermuda Supreme Court.

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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.