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Guernsey Finance Influential In MENA Region 5/23/2012 Guernsey Finance, the promotional agency for the island’s finance industry, has
been named as one of the 50 most influential organizations working within the
Middle Eastern and North African funds industry.
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Hong Kong Progresses Arbitration Centre Credentials 5/15/2012 As part of the government's determination to develop Hong Kong into a regional
dispute resolution centre, in particular as an international arbitration hub in
the Asia Pacific, the Secretary for Justice, Wong Yan Lung, has announced a broad
consensus in Hong Kong on the setting up of an industry-led single accreditation
body for mediators.
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Hong Kong Still Sees Problems On Mainland Services 5/11/2012 Secretary for Commerce and Economic Development, Gregory So, has replied to a
question in the Legislative Council regarding the tax and procedural difficulties
being experienced by the Hong Kong services sector in developing business in Mainland
China.
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Financial Crisis Hits Jersey Finance Industry Profits 5/10/2012 The Jersey government's latest statistical report shows a significant decline in the profitability and size of the nation's financial services industry since the start of the financial crisis, putting pressure on Jersey tax receipts. Recent figures for 2011, however, show modest signs of improvements.
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Offshore Aspects Of Russian 'Superbank' Merger 3/19/2012 The Jersey office of Walkers, the leading international law firm, has advised on the multi-jurisdictional aspects of the USD1bn merger between Sberbank and Troika Dialog, which will create a Russian 'superbank'.
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HK Firms Face Chinese Barriers Despite CEPA 3/2/2012 Following questions in Hong Kong’s Legislative Council, the Secretary for
Commerce and Economic Development, Gregory So, has given an assurance that the
government will continue to monitor the operation of market liberalization measures
under the Mainland and Hong Kong Closer Economic Partnership Arrangement.
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Appleby Set To Launch Shanghai Office 2/28/2012 Appleby, which claims to be the world's largest provider of offshore legal and fiduciary and administration
services, has announced its decision to expand its global reach by establishing
a new representative office in Shanghai, China.
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Gibraltar Puts Court Judgements Online 2/24/2012 The Gibraltar government has announced the launch a web portal to provide users with access to electronic
copies of Supreme Court, Court of Appeal and Privy Council judgements, as an enhancement to the existing Gibraltar Laws website.
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First Jersey Firm Lists On NYSE 2/10/2012 Delphi Automotive PLC has become the first Jersey company to have its shares directly
listed on the New York Shock Exchange, having been advised on its initial public
offering by Channel Islands law firm Carey Olsen.
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Mourant Ozannes Opens Hong Kong Office 2/3/2012 Leading offshore law firm, Mourant Ozannes, has opened an office in Hong Kong
to provide clients and intermediaries with access to the firm's offshore legal
services in an Asian time zone.
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DIFC Courts Resolve First Non-DIFC Case 1/12/2012 The Dubai International Financial Centre Courts, the English language, common law judicial system based in Dubai, has reported that its first non-DIFC related case has been heard and resolved.
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Hong Kong Grows As International Arbitration Centre 12/12/2011 In a recent address in Seoul, Hong Kong’s Secretary for Justice, Wong Yan
Lung, has expressed the government's determination to develop Hong Kong into a
regional dispute resolution centre, in particular as an international arbitration
hub in the Asia Pacific.
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DIFC Courts Expands Jurisdiction 11/2/2011 Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, signed a law on October 31 allowing any businesses to use the English language DIFC Courts, the Dubai International Financial Centre’s independent, common law judicial system, to resolve commercial disputes.
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US Congress Finally Passes FTAs 10/14/2011 Both the House of Representatives and the Senate have, in quick succession, passed
implementing legislation for the long-awaited United States free trade agreements
(FTAs) with South Korea, Panama and Colombia, which will now be passed to President
Barack Obama for his signature.
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Hong Kong Plugs Its Legal Business Expertise 10/10/2011 Its reliable legal infrastructure is one of the main reasons for businesses to
choose Hong Kong as a stepping stone into Mainland China and the rest of the Asia
Pacific region, according to the Secretary for Justice, Wong Yan Lung, in a speech
to business leaders at a recent luncheon during a visit to Paris.
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Jersey Rated As Top IOFC 9/29/2011 Jersey has retained its position as the highest rated offshore international finance
centre in the latest Global Financial Centres Index published on September
26, 2011.
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China Confirms Sovereign Immunity In Hong Kong 9/2/2011 China’s National People's Congress Standing Committee has said
that Hong Kong’s law must be aligned with the law on the Mainland, such
that sovereign countries cannot be sued in its courts.
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First Channel Island Law Firm Opens In Singapore 8/3/2011 Collas Crill has become the first Channel Islands-based law firm to open an
office in Singapore.
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Singapore Enhances International Tax Training 7/26/2011 Singapore's Minister of State for Finance and Transport, Josephine Teo, in her speech
to the annual conference of the Tax Academy of Singapore, said that, as Singapore
is home to a large number of multinational enterprises, it is vital that tax
professionals have the skills to meet the challenges of an increasingly complex
tax environment.
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