Latest News for: Offshore trust malta


Questionable Business Deals May Prove That Malta is Not All Sunshine and Rainbows

Swords Today 06 Jan 2022
Soon players will be asking if Malta was found not up to the mark, then can we trust the other offshore regulators? So, it makes sense for those involved to put their rivalries aside and collectively sort out issues before the industry reputation takes a hit.

Shareholders stand to lose €32m as liquidator confirmed for Emuse

The Irish Times 06 Oct 2021
The identities of several other investors in the Irish business are obscured behind offshore trusts in the Channel Islands, Malta, Liechtenstein and Bermuda. According to documents from the Paradise Papers leak in 2017 of documents relating to offshore accounts, Mr Rainsford is a director of a Malta-based shareholder of Emuse, Noster Ventures.

Dutch officials allege money laundering linked to Reliance promoter group

Indian Express 07 Apr 2019
As per the Swiss leaks, all offshore companies which form part of the Reliance Industries Ltd offshore corporate structure were set up by Walfenzao on April 13, 2005. Walfenzao is president of The Corpag Group, a fiduciary management expert which specialises in setting up trusts and tax-exempt vehicles in offshore jurisdictions.

Knowing the Legalities

Cascade Business News 06 Aug 2018
Companies have side-stepped some of the laws by operating from the Reserve which is still on the territory of the country, and some of the most trusted of offshore companies that are licensed by the Malta Gambling Authority and the UK Gambling Commission actually support online casinos in Canada just like Conquer Casino.

New Zealand accountants backdated Malta trust documents during Panama Papers

The Malta Independent 10 May 2018
Emails quoted in a draft report by Malta's anti-money laundering agency show that while The Australian Financial ...

Nexia BT refuses to answer many PANA committee questions, citing legal issues

Independent Online 22 Feb 2017
... they conducted enhanced customer due diligence when dealing with Minister Mizzi and Mr Schembri; why they chose not to set up the trusts in Malta, whether Nexia BT ever backdated any document related to the set-up of offshore structures for Minister Mizzi or Mr Schembri, etc.

Overseas territories resist calls for concessions to end tax secrecy

The Guardian 09 May 2016
More than half of the offshore companies set up by the Panamanian law firm Mossack Fonseca were registered in the BVI ... Offshore finance ... Mizzi set up a secret offshore trust in New Zealand, receiving help from Muscat’s chief of staff Keith Schembri ... He was the only serving EU minister to be found owning an opaque offshore trust.

PM tips review of foreign trusts

Otago Daily Times 10 Apr 2016
Trust companies are not required to hold a licence." ... The packs were a combination of New Zealand foreign trusts (which pay no tax on foreign income) and what is described as Look Through Companies (LTCs), which could be owned by the trusts, and which also pay zero tax on offshore earnings, the AFR reported.

Konrad ‘Jericho’ Mizzi

The Malta Independent 10 Apr 2016
It is also said there are some 600 more accounts from Malta in Panama, but the names will only be revealed in May ... But then it would be a trust registered in Malta and not an offshore trust ... The use of an offshore company in Panama and offshore trust is New Zealand qualify as an aggressive tax mitigation.
  • 1