Will inclusion on money laundering list spur action?

Roland Potts, partner, and Ravika Rameshwar, associate attorney, at Diaz Reus:
“The European Commission recently decided to broaden criteria to assess ‘high-risk’ countries. As a consequence of its broader criteria, the European Commission’s ‘high-risk’ country list grew, and several countries were added without much explanation, including Panama, the Bahamas, Barbados, Jamaica and Nicaragua.”

BVI succession planning -the benefits and strategy as well as the consequences for failure to plan

Offshore companies are often used to structure businesses and can provide beneficial tax laws and asset protection. One of the most popular offshore jurisdictions is the British Virgin Islands (“BVI”). The BVI offers corporate flexibility, tax neutrality, low incorporation cost, expedited company formation, efficient company maintenance, innovative trust structures, debt financing, and simply put, overall success.