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STEP-Panama New Board of Directors
Panama, October 15, 2021. The new Board of Directors of The Society of Trust and Estate Practitioners (STEP) Panama Chapter recently took office, with Ms. Ana Isabel Diaz as president for the 2021-2023 period. The event was attended by Mr. Publio De Gracia, Director of the General Revenue Directorate of the Ministry of Economy and
- Published in Alexis Medina, Corporate Services_news, Estate Planning_news, News
A review of data protection legislation in the Caribbean
In 2019 at the World Economic Forum, Antonio Neri, CEO of Hewlett Packard said “Data is the new currency”. This analogy has become very popular because data is now considered one of the most valuable commodities. In the European Union (EU), data protection is a fundamental right, and the General Data Protection Regulation (GDPR) which came
- Published in Corporate Services_news, Estate Planning_news, Fanny Evans, News
The United States Corporate Transparency Act (“CTA”) of 2021
Fanny Evans, Senior Associate, Morgan & Morgan What is the CTA? The CTA was enacted on January 1st, 2021 as part of the National Defense Authorization Act to prevent the use of companies to evade anti-money laundering rules or to hide other illegal activities. Under the CTA companies will be required to report information regarding
- Published in 2020, Corporate Services_news, Estate Planning_news, Fanny Evans, Publications
Morgan & Morgan promotes Kay-Linda Richardson to role of Senior Officer Manager of MMG Trust (BVI) Corp.
British Virgin Islands, January 14, 2020. Morgan & Morgan is pleased to announce the promotion of Ms. Kay-Linda Richardson to the role of Senior Officer, with the designation of Manager of MMG Trust (BVI) Corp. The approval was granted by the British Virgin Islands Financial Services Commission, pursuant to section 19(2) of the Banks and Trust
- Published in 2020, Estate Planning, Estate Planning_news, News
The philosophy behind the successful Economic Substance Regime of the BVI
Following the introduction in the British Virgin Islands (BVI) of the Economic Substance (Companies and Limited Partnerships) Act, 2018 (ESA), which became effective on January 1st, 2019, some questioned the sustainability of BVI’s position as a leading international financial centre. While we cannot underestimate those concerns, we believe that there is also evidence that ESA
- Published in 2020, Corporate Services_news, Estate Planning_news, Fanny Evans, Publications
Morgan & Morgan achieves top ranking in the Chambers High Net Worth Guide 2020
Panama, July 29, 2020. Morgan & Morgan is pleased to announce that, for the fifth consecutive year, the firm´s Private Wealth Law practice group earned top ranking (Band 1) in the 2020 Chambers Hight Net Worth Guide, a publication aimed at the international private wealth market and a key reference point of the world´s leading
- Published in 2020, Estate Planning_news, Luis Manzanares, News, Raul Castro, Roberto Lewis
BVI Economic Substance (Podcast)
April 9, 2020. At Morgan & Morgan we continue to look for ways to provide our services and continuity to the flow of information on changes in legislation in the different jurisdictions we have presence. In light of the above, we are pleased to announce the launch of our podcast “Morgan Updates”. This effort will
- Published in Corporate Services_news, Estate Planning_news, Publications
Morgan & Morgan lawyers and practices recognized in The Legal 500 – Latin America guide
Panama, December 16, 2019. Morgan & Morgan repeated as a leading Panamanian firm in The Legal 500 – Latin America Guide. Banking and Finance, Corporate and M&A, Dispute Resolution, Intellectual Property, Offshore and Shipping earned the top-tier rankings. In addition, five lawyers of the firm received recommendations: Francisco Arias / “Leading Individual” Jazmina Rovi /
- Published in Banking and Finance_news, Corporate Services_news, Estate Planning_news, Intellectual Property_news, Jazmina Rovi, Kharla Aizpurua, Litigation and Dispute Resolution_news, Mayte Sanchez, Mergers and Acquisitions_news, News, Ship Finance and Registration_news, Shipping and Admiralty Litigation_news
The importance of having a data-protection compliance program
Fanny Evans, Senior Associate, Morgan & Morgan In 2013, Virginia Ginni Rometty – CEO of IBM, said “I would like you to think of big data as the next natural resource that can be to our era what steam, electricity and oil were for the Industrial Age.” Probably, you have read or heard: Data is
- Published in 2019, Estate Planning_news, Fanny Evans, Probono, Publications, startups_resources
New Law on tax amnesty in Panama: corporations and private interest foundations
Alvaro Tomas, partner and Vice President of Operations of the Fiduciary Unit of Morgan & Morgan The Panamanian government has issued Law 99 of October 11, 2019, which establishes a General Tax Amnesty Law (“Amnesty”) that includes the elimination, for a limited period, of the penalties and surcharges caused by non-payment of the obligations with
- Published in 2019, Alvaro Tomas, Estate Planning_news, Press Room, Publications