Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 1 - 10 of 10 results for "British Virgin Islands"
Nowra man lies to ASIC, jailed
ELIZABETH MCARTHUR  |  MONDAY, 17 FEB 2020
... shares were frozen by ASIC when the regulator alleged 15 million shares were held in a tax haven in the British Virgin Islands. In 2017, Merity was committed to stand trial after further investigation by ASIC uncovered the identities of holders of an ...
Adviser cops 262 month jail sentence
JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2019
... time Thomas failed to pay income taxes for two decades, using offshore entities in the Cayman Islands and British Virgin Islands to conceal his income. He also hired locals in the area to act as his nominee in numerous business ventures. They would open ...
Hedge fund sector flourishing: Report
KARREN VERGARA  |  TUESDAY, 28 NOV 2017
... managers, the Cayman Islands (53%) remains the domicile of choice, followed by the US (29%), Ireland (6%), British Virgin Islands (5%) and Luxembourg (4%). Hedge fund activity across Europe and Asia "remains very limited", but a prominent trend in Europe ...
Banned for taking $4m from SMSFs
LAURA MILLAN  |  MONDAY, 1 JUN 2015
... (aiming to raise at least $20 million). They intended to establish an offshore share scheme in the US and British Virgin Islands outside of the jurisdiction of the Australian Securities and Investments Commission (ASIC). An ASIC investigation began in ...
ASIC seeks more bans in SMSF advice crackdown
ALEX BURKE  |  FRIDAY, 15 MAY 2015
... investors (aiming to raise at least $20 million), to establish an offshore share scheme in the US and British Virgin Islands outside of ASIC's jurisdiction. Furthermore, the participants in this scheme (including others also named by ASIC), provided ...
MoneySmart list of unlicensed companies approaches 700
MARK SMITH  |  FRIDAY, 17 MAY 2013
... financial literacy website, MoneySmart, has grown to 696. China Environment Group Limited (CEG), based in the British Virgin Islands, has become the latest company to be named and shamed by the regulator. ASIC's investigation found that the company's ...
ASIC steps up investigation into SMSF fraud
MARK SMITH  |  WEDNESDAY, 20 MAR 2013
... SMSFs and make investments in distressed properties in the USA through MOGS and companies domiciled in the British Virgin Islands and the Cayman Islands. These assets were then knowingly used for purposes other than those intended by the investors, such ...
Future Fund defends tax havens
BEN COLLINS  |  FRIDAY, 10 AUG 2012
... report shows that it has 14.4% of its assets in the Cayman Islands, plus significant investments in the British Virgin Islands and Jersey, and smaller investments in Luxembourg. The fund asserted its independence at yesterday's inquiry - defending itself ...
ASIC closes in on SMSF advice firms
LINDA HAUSKEN  |  FRIDAY, 13 JUL 2012
... investors. Royale and Active were offering their SMSF clients' shares in companies based in the US and the British Virgin Islands, when the appropriate disclosure documents had not first been lodged with us, the regulator said. "We understand that representations ...
Rogue trader banned for four years
ALISON BEVEGE  |  FRIDAY, 25 MAR 2011
... communicate sufficiently with investors. It also found he had not properly registered the company in the British Virgin Islands as he had claimed. In addition to the ban on financial services, Perkin must not act as a representative of an Australian ...
PAGE:
1
Link to something ifySxecL