Cayman Island Law
Hague Convention on Service Abroad
Caracas, Venezuela REFERENCE "Checklist for the Discussions of the Special Commission of April 1989 on the Operation of the Hague Convention on the Service of Process Abroad", Preliminary Document No. 1 of March 1989, Hague Conference on Private International Law, 28 I.L.M. 1556 (1989). [Read More]
Hague Convention on Legalization of Foreign Public Documents
U.S. Department of State [Read More]
International Narcotics Control Strategy Reports
U.S. DEPARTMENT OF STATE INTERNATIONAL NARCOTICS CONTROL STRATEGY REPORTMARCH 1995BUREAU FOR INTERNATIONAL NARCOTICS AND LAW ENFORCEMENT AFFAIRSTHE CARIBBEAN 157Bahamas 159 Cuba 165 Dominican Republic 168 Guyana 173 Haiti 176 Jamaica 180 Netherlands Antilles and Aruba 185 Suriname 187 Trinidad and Tobago 189 Eastern Caribbean 192 Antigua and Barbuda Barbados Dominica Grenada St. Kitts and Nevis St. Lucia St. Vincent and the GrenadinesFrench Caribbean 199 UK Dependent Territories in the Caribbean 200 Anguilla, Montserrat, British Virgin Islands Cayman Islands Turks and ... [Read More]
Prisoner Transfer Treaties
U.S. Department of State [Read More]
International Narcotics Control Strategy Reports
US DEPARTMENT OF STATEBUREAU OF INTERNATIONAL NARCOTICS MATTERSINTERNATIONAL NARCOTICS CONTROL STRAGEGY REPORTAPRIL 1994THE CARIBBEAN 173 Bahamas 175 Cuba 181 Dominican Republic 184 Guyana 189 Haiti 191 Jamaica 195 Netherlands Antilles and Aruba 200 Suriname 203 Trinidad and Tobago 206 Eastern Caribbean 209 Antigua and Barbuda 210 Barbados 210 Dominica 211 Grenada 211 St. Kitts and Nevis 212 St. Lucia 213 St. Vincent and the Grenadines ... [Read More]
International Narcotics Control Strategy Reports
U.S. DEPARTMENT OF STATE INTERNATIONAL NARCOTICS CONTROL STRATEGY REPORTMARCH 1995BUREAU FOR INTERNATIONAL NARCOTICS AND LAW ENFORCEMENT AFFAIRS FINANCIAL CRIMES AND MONEY LAUNDERING11995 INTERNATIONAL NARCOTICS CONTROL STRATEGY REPORTOVERVIEWThere were a number of significant accomplishments in the world of money laundering in 1994, and a number of new and/or intensified concerns. Accomplishments and concerns are summarized here and explained in detailed sections below.Accomplishments. Several financial center governments, such as Singapore and Panama, have adopted broad, new anti-money laundering policies and/or laws, and a number of governments were in the final stages of presenting/adopting new legislation.The Financial Action Task Force completed the evaluations of each of its 26 member governments, all conducted by outside experts and all culminating in recommendations for changes and improvements which will be monitored through continuing examinations be ... [Read More]
Money Laundering and Financial Crimes
Cook Islands (Concern). This self-governing group of islands in the South Pacific maintains a free association with New Zealand. Cook Islanders are citizens of New Zealand, and the Cook Islands are part of the British Commonwealth. The Cook Islands have a well-established offshore sector known for its good asset protection features. Financial transactions through the Cook Islands' offshore center have received increasing international attention because of alleged ties to Russian criminal activities. The offshore services available in the Cook Islands include International Business Companies (IBCs), banks, insurance companies, and trusts. Marketers of offshore services via the Internet promote the Cook Islands as a favored jurisdiction for establishing IBCs and for its asset protection trusts. The anonymity and confidentiality offered to financial transactions through Cook Islands IBCs appear to be particularly attractive to those linked to money laundering and other questionable ... [Read More]
International Narcotics Control Strategy Reports
FINANCIAL CRIMES AND MONEY LAUNDERINGMONEY LAUNDERINGOVERVIEWIn 1992, the major trends affecting money laundering policy were: (1) further sophistication of money laundering practices; (2) greater investment of drug and other illicit proceeds into established businesses, both to conceal money movements and to capitalize on illicit profits; (3) the internationalization of money laundering networks whose operations involve an ever larger number of countries and territories, regardless of their importance as financial centers or as drug producing or transit countries; and (4) the intensified involvement of the Sicilian Mafia and other criminal organizations in Europe, Asia and the Western Hemisphere who comingle proceeds from many crimes to confound investigators, and are now acting as brokers for funds unrelated to their own trafficking activities. These trends have made it more difficult to differentiate between drug-related money laundering and other forms of illegal money m ... [Read More]
M) Money Laundering and Financial Crimes
Following the FATF designation and the U.S. Treasury Advisory, the Cayman Islands enacted and implemented comprehensive anti-money laundering laws and regulations to address the major identified deficiencies: (1) Money laundering regulations that entered into force in September 2000 specify record-keeping and customer identification requirements for financial institutions and certain financial services providers; the regulations specifically cover individuals who establish a new business relationship, engage in a one-time transaction over Cayman Islands (CI) $15,000, or who may be engaging in money laundering; (2) Amendments to the Proceeds of Criminal Conduct Law (PCCL) make failure to report a suspicious transaction a criminal offense that could result in fines or imprisonment ; (3) A provision of the Banks and Trust Companies Law (2001 Revisions) grants the Cayman Islands Monetary Authority (CIMA) the power to request "any information" from "any person" when there are "reasonable gr ... [Read More]
The Caribbean
Suriname is a transit point for South American cocaine en route to Europe and the United States, and for MDMA (ecstasy) from Europe destined for the U.S. market. MDMA is also produced in Suriname, as evidenced by the discovery in 2003 of a drug laboratory, along with chemicals used to produce MDMA. Evidence is insufficient, however, to establish that the quantity of drugs transiting Suriname has a significant effect on the U.S. The Government of Suriname's (GOS) inability to control its borders and the lack of a law enforcement presence in the largely unmonitored interior allow traffickers to move drug shipments via sea, river, and air with little, if any, resistance. Nevertheless, GOS law enforcement had some success in interdicting cocaine shipments. In 2003, GOS law enforcement also took steps to expand cooperation with international partners, and a high level of cooperation exists between U.S. and GOS law enforcement officials. Domestic drug abuse repo ... [Read More]
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