Managers of Wealth Offshore

The winds of change: Implications in 2021 for IFCs

Beyond the US, geopolitics will continue to shape trade patterns with some adjustment in 2021, but not by too much.

Codes of Practice - new definition for anti-money laundering legislation

The legislation must be observed in conjunction with the requirements of the relevant Handbook for the Prevention and Detection of Money Laundering and the Financing of Terrorism, issued by the JFSC.

New law paves way for contingency fees, litigation funding

The Grand Court will then, among other things, consider the complexity of the case and expenses involved.

Parslows advises on Fetch.je acquisition

Following the acquisition, Jersey Post - which previously provided the infrastructure and delivery work for Fetch.je - said it was planning to revamp the website and launch a new mobile app.

Appleby Acts as Cayman Counsel on Silver Crest Acquisition Corporation’s Upsized US$300M SPAC IPO

The Appleby team was led by David Bulley, Partner in Appleby’s Hong Kong office, and Dean Bennett, Senior Associate in Appleby’s Cayman office.

Have a Coffee on Appleby this Blue Monday #Thanksappleby

The #ThanksAppleby campaign, which was hugely successful the last two years, highlights the importance of creating and maintaining connections in a frenetic world.

Carey Olsen advises Patron Capital

Carey Olsen partner Chris Griffin led the team, assisted by senior associate Sarah Townsend.

Carey Olsen advises on merger of KPMG Channel Islands and KPMG Isle of Man

Carey Olsen has advised on the cross-border merger of KPMG Channel Islands and KPMG Isle of Man to form a single practice operating across the Crown Dependencies.

Appleby’s Hong Kong office acted as Cayman Islands and BVI counsel to Cheshi Holdings

The shares initially offered under the Hong Kong Public Offering and the International Offering were significantly over-subscribed by approximately 1274.76 and 21.7 times respectively.

Trial is not a dress rehearsal. It is the first and last night of the show

The Court of Appeal made a more limited order, requiring the furnishing of the prescribed financial information, both for the past and for the future, and held that it was a more proportionate response to the unfair prejudice pleaded and proved at trial.

Appleby Donate ‘Blue Monday’ Coffee to Volunteers and Front Line Workers

The global Blue Monday campaign, which highlights the importance of wellbeing in a frenetic world by encouraging the community to take time out of their day to grab a coffee, has been running for three years.

Maples Group Recognised for Excellence in Asia by China Business Law Journal

The research, which is conducted annually, acknowledges 200 elite lawyers [who work] for China-related businesses (including 100 lawyers in PRC law firms and 100 lawyers in foreign law firms).

Maples Group Expands Middle Office Service Offering to the Leon Levy Foundation?

The Leon Levy Foundation engaged the Group to provide a consolidated operational and technology platform for data aggregation, portfolio accounting and portfolio reporting.

CESRA – Important Reminder

It is imperative that any entity which has not already done so, file the requisite report before the Deadline.

Funding of Legal Services – Contingency Fees To Be Lawful in the Cayman Islands

This update covers the Private Funding of Legal Services Act, 2020 in the Cayman Islands. The supporting regulations are yet to be published.

Carey Olsen and Zedra support Vow on launch of new token ecosystem

Zedra’s fintech team worked alongside Carey Olsen to establish the Jersey vehicle for the Vow project and provided structuring services to the issuer in advance of the distribution of tokens.

Trial is not a dress rehearsal. It is the first and last night of the show

The Court of Appeal did not say that the judge’s buy-out order fell outside the reasonable range within which the judge’s statutory discretion had to be exercised, nor that the judge’s self-direction as to the relevant law, based was fla

Appleby Opens Applications for Isle of Man Legal Trainee Programme

The programme is open to those wishing to pursue a career in Law

Bedell Cristin advises Aston Lark on purchase of Neon Sapphire

Spring Partners, which is a joint venture with Aston Lark, was created to invest in existing MGAs and create new ones and the acquisition of Neon Sapphire was the first acquisition for the new MGA platform.

Bedell Cristin lawyer to speak at STEP Cayman event

As the STEP Cayman International Wealth Structuring Forum cannot go ahead as usual the industry body has put together a series of online events for their international connections and a number of in-person events for local STEP members.