Top 10 International Law Headlines from Offshore The Republic of Malta consists of three islands, Malta , Gozo and Comino. They are situated in the center of the Mediterranean Sea , just 80 kilometers off the southern coast of Sicily , Italy . The climate is typically Mediterranean with mild winters, pleasant spring and autumn seasons and hot summers. The recent decision of In the Matter of Stanford International Bank Limited and Others [2009] EWHC 1441 (CH) raises important considerations for liquidators of offshore investment vehicles who seek recognition and assistance from the English Courts pursuant to the Cross-Border Insolvency Regulations 2006 (the “2006 Regulation”). Malta’s economic policy is quite simply to create wealth and to have wealth permeate all levels of society – real wealth, generated from profitable commercial activities. Making the country richer means ensuring that it has an attractive business environment that encourages and rewards local and international investors. With the development of the BVI as an offshore financial centre('OFC') in the early 1980s many companies have decidedto establish domicile in the jurisdiction. The Experienced Investor Fund regime in Gibraltar has proven to be an extremely versatile way of setting up a fund within the European Union. A Tax Information Exchange Agreement ("TIEA") is an agreement concluded between two countries to promote international co-operation in tax matters by imposing on them a mutual and reciprocal obligation to exchange information about enforcement of their respective tax laws. Takeovers and mergers in Jersey have, for some time, beenregulated by the Panel for Takeovers and Mergers (the"Panel"), an independent body based in the UK. In general, the prosecution of a multi-jurisdictional concealed asset recovery investigation involves both extra-judicial and judicially assisted investigative procedures. | 
