(Mossack Fonseca) — On November 30, 2015, the International Monetary Fund (IMF) admitted China’s renminbi (RMB), also known as the Yuan, into the Special Drawing Rights (SDR) basket of currencies. Effective October 1, 2016 the RMB will be a freely usable…

Alden McLaughlin, the premier of the Cayman Islands, has denied the UK’s request for direct access by its law enforcement agencies to beneficial ownership (BO) information in the Cayman Islands.