Currency repatriation requirements were extended on 14 April to cover loans issued by Russian residents to foreign borrowers, reducing the opportunities for businesses to shift funds abroad through non-repayable loans.
The Privy Council has handed down judgment in Investec Trust (Guernsey) v Glenalla Properties (2018 UKPC 7), in which the former trustees of the Tchenguiz Discretionary Trust had made loans of over GBP200 million to various BVI companies.
Notaries have as their essential mission to confer authenticity on the legal instruments and contracts they establish for their clients in various areas of law