2017

Cross-Border Clashes and Cooperation Among Courts

This session will explore judicial initiatives in the area of cross-border judicial communication and cooperation, a topic that has been thrust into the spotlight due to recent developments in the 'Liberia v. ACE' asset recovery/litigation funding case at federal court in the United States.

IRS Offshore Compliance & Enforcement Efforts: 2017 and Beyond

This session will look at current and future initiatives in the IRS's ongoing efforts to identify and collect taxes from U.S. taxpayers with undeclared offshore accounts and financial arrangements, as well as the efforts undertaken to prosecute and penalize those that assist such taxpayers.

SEC Performance Review: Behind The Enforcement Statistics

After a thorough review of 15 years of SEC enforcement actions, Professor Urska Velikonja found that the widely-circulated statistics were invalid, and the metrics deeply flawed, with the SEC double and triple counting many of its enforcement actions and overstating fines.

Economic Citizenship & Second Passports: An Investigation

The sale of citizenship has grown into a $2 billion business, with poor island countries cashing in on demand for their passports from abroad. But who are the buyers? Why would they want a second passport, anyway? What actors are behind the growth of the citizenship industry, and how do these middlemen help their clients offshore not just their assets, but themselves?

1MDB: Dissecting One Of The World’s Biggest Financial Scandals

This session will look at extraordinary allegations of billion dollar fraud and corruption involving 1Malaysia Development Berhad, which is controlled by the Government of Malaysia and was set up ostensibly to facilitate long-term economic investment for the country through global partnerships and promoting foreign direct investment.

Offshore Tax Fraud: Lessons Learned From ‘The USA v. The Billionaire Wyly Brothers’

This session will review the massive offshore tax fraud committed by the billionaire Texas business moguls Samuel Wyly and Charles Wyly, and the numerous financial planning errors that caused their collapse, including improperly-used offshore trusts, lack of minimal disclosure, overly complex structures, failed tax strategies and the inability to use current aggressive tax avoidance methods as a substitute.

Inside Wall Street: Fraud As A Business Model

This session will present evidence that fraud is not an occasional occurrence by rogue employees among Wall Street's major financial institutions and their service providers but is, in fact, a business model. This session will include looking at Wells Fargo's creation of millions of fake accounts to boost revenues.

Chapter 15: Offshore Case Round-Ups & Updates

Chapter 15 of the U. S. Bankruptcy Code, which deals with access to U. S. courts in foreign insolvency proceedings, went into effect in 2005, so it's no longer a baby. It's now a tween. This session will explore the most recent Chapter 15 developments and discuss what kind of teenager Chapter 15 might become.

Recovering Value For Investors In Companies That ‘Go Dark’

This session will explore ways to recover value for investors when publicly-traded foreign companies that incorporate in the USA "go dark" and stop reporting to securities regulators, something that is a particular problem with firms from China.

President Trump: How His Policies Will Affect Offshore Tax Avoidance Schemes, Corruption Investigations, Financial Regulations & Other Areas of International Finance

This session will look at the likely impact on high-value international financial products and services under U.S. President Donald Trump and a Republican-controlled Congress, including financial regulations and laws, such as FATCA; tax avoidance schemes by major global corporations and high net worth individuals, corruption investigations and prosecutions, and offshore finance in general.