Corporate Services

Karl Cini: Prohibition (Malta)

Public Notice by the Malta Financial Services Authority that it has prohibited Karl Cini "from accepting any new positions" while "criminal proceedings against Mr. Cini are ongoing".

Brian Tonna: Prohibition (Malta)

Public Notice by the Malta Financial Services Authority that it has prohibited Brian Tonna "from accepting any new positions" while "criminal proceedings against Mr. Tonna are ongoing".

Suzanne Collins: Public Statement (Isle of Man)

Public Statement by the Isle of Man Financial Services Authority regarding Suzanne Margaret Collins and her conduct as "Head of Compliance" of Corporate Options Limited, later known as Parcville Limited.

Parcville Ltd.: Public Statement (Isle of Man)

Public Statement by the Isle of Man Financial Services Authority "concerning the regulatory investigation of the Isle of Man Financial Services Authority in respect of Parcville Limited, formerly known as Corporate Options Limited, and the associated outcomes", including the imposition of prohibitions on Gerald Chase, Paul Chase, and Lee Murphy.

Lorraine Falzon: Disqualification

Public Notice by the Malta Financial Services Authority that it has imposed a corporate disqualification on Lorraine Falzon for not being "fit and proper".

Matthew Pace: Disqualification

Public Notice by the Malta Financial Services Authority that it has imposed a corporate disqualification on Matthew Pace for not being "fit and proper".

Christopher Byrne: Disqualification

Public Statement by the Jersey Financial Services Commission that it has imposed a corporate disqualification on Christopher Paul Byrne, who was sentenced to "a seven year custodial sentence" in 2018 after being "convicted of several offences relating to his conduct as a financial adviser".
Intertrust v. CIMA

Intertrust Cayman agrees to pay CI$5M to settle regulatory action

Cayman Islands corporate services provider Intertrust has abandoned its legal challenge against a fine of CI$4.2 million imposed by the Cayman Islands Monetary Authority, agreeing to pay not only the full amount of the fine but an additional CI$767,392 towards the regulator's legal fees.

The Incredible Story of Arif Naqvi & The Abraaj Group

In this video, we will discuss how the global elite was duped by a capitalist fairytale and shine a light on efforts to clean up global capital flows even as opaque private equity firms amass trillions of dollars and offshore tax havens cast a veil of secrecy which prevents regulators, investors and citizens from understanding what’s really going on in the finance industry.

Quijano & Associates (BVI) Ltd.: $30K Fine

Public Notice by the British Virgin Islands Financial Services Commission that it has imposed a fine of $30,000 on Quijano & Associates (BVI) Limited for regulatory breaches.

Geoffrey Trebert: £87.5K Fine & Ban

News Release by the Guernsey Financial Services Commission that it has imposed a fine of £87,500 and disqualification on Geoffrey John Trebert for "his failure to meet the Minimum Criteria for Licensing".

Maitland Luxembourg SA: €266K Fine

Public Notice by the Luxembourg CSSF that it has imposed a fine of €266,000 on Maitland Luxembourg SA for regulatory breaches.

Gary Durkin: £35K Fine

News Release by the Guernsey Financial Services Commission that it has imposed a fine of £35,000 on corporate service provider Gary William Jason Durkin "following his failure to meet the Minimum Criteria for Licensing".

R & M Management (I.O.M.) Ltd.: Public Statement

Public Statement by the Isle of Man Financial Services Authority "concerning the regulatory investigation of The Isle of Man Financial Services Authority in respect of R & M Management (I.O.M.) Limited and the associated outcomes".

Artemis Trustees Ltd.: £450K Fine

Public Notice by the Guernsey Financial Services Commission that it has imposed a fine of £450,000 on Artemis Trustees Limited for "their failure to meet the minimum criteria for licensing".

IQ EQ (Jersey) Ltd.: £803K Fine

Public Statement by the Jersey Financial Services Commission that it has imposed a fine of £803,661 on IQ EQ (Jersey) Limited, formerly known as First Names (Jersey) Limited, for regulatory breaches.

Atom Trustees Ltd.: €14.5K Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €14,475 on Atom Trustees Limited for regulatory breaches.

RiskCap International Ltd.: €4.5K Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €4,500 on RiskCap International Limited for regulatory breaches.

Vistra Group Holdings (BVI) Ltd. et al v. Zurich Insurance Plc et al: Defense

Defense in Vistra Group Holdings (BVI) Limited, Vistra Group Holdings (BVI) III Limited, Vistra International Expansion (USA) Inc., and Vistra Group Holdings (BVI) I Limited v. Zurich Insurance Plc, Lloyd’s Syndicate No. 3000 MKL, Markel Insurance SE, International General Insurance Company (UK) Limited, Lloyd’s Insurance Company S.A., Riverstone Managing Agency Limited, Markel Insurance SE T4405, Endurance Worldwide Insurance Ltd., Allied World Assurance Company, Allianz Global Corporate and Specialty SE, Lloyd’s Syndicate No. 1919 CVS., Assicurazioni Generali S.p.A., HCC International Insurance Company Plc, Tokio Marine Europe S.A., Liberty Corporate Capital Limited, and Lloyd’s Underwriter Syndicate No. 5000 TRV at the High Court of Justice of England and Wales.
Conyers Bermuda HQ

Conyers fined $2.1M by Bermuda regulator for AML breaches

The Conyers legal and corporate services group, which is one of the offshore industry's biggest professional service providers, has been fined $2.1 million by the Bermuda Monetary Authority for failure to comply with anti-money laundering regulations and legal "obligations".

Elmo Pensions Ltd.: €1,800 Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €1,800 on Elmo Pensions Limited for regulatory breaches.

Vistra Group Holdings (BVI) Ltd. et al v. Zurich Insurance Plc et al: Complaint

Particulars of Claim in Vistra Group Holdings (BVI) Limited, Vistra Group Holdings (BVI) III Limited, Vistra International Expansion (USA) Inc., and Vistra Group Holdings (BVI) I Limited v. Zurich Insurance Plc, Lloyd's Syndicate No. 3000 MKL, Markel Insurance SE, International General Insurance Company (UK) Limited, Lloyd's Insurance Company S.A., Riverstone Managing Agency Limited, Markel Insurance SE T4405, Endurance Worldwide Insurance Ltd., Allied World Assurance Company, Allianz Global Corporate and Specialty SE, Lloyd's Syndicate No. 1919 CVS., Assicurazioni Generali S.p.A., HCC International Insurance Company Plc, Tokio Marine Europe S.A., Liberty Corporate Capital Limited, and Lloyd's Underwriter Syndicate No. 5000 TRV at the High Court of Justice of England and Wales.

BDO Consult Ltd.: €61,763 Fine

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €61,763 on BDO Consult Limited for regulatory breaches.

N Trust Ltd.: €94,868 Fine

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €94,868 on N Trust Limited for regulatory breaches.

AlleyBe Ltd.: €500 Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €500 on AlleyBe Limited.

EMCS Ltd.: €500 Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €500 on EMCS Limited.

Cymaplus Malta Ltd.: €500 Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €500 on Cymaplus Malta Limited.

CSB International Ltd.: €3K Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €3,000 on CSB International Limited.