07/09/2020
Business Crime and Investigations in Bermuda
There is currently no legislation providing for an offence of corporate manslaughter in Bermuda.
Legal
07/09/2020
Cayman Islands Private Funds Law – Change to Definition of “Private Fund”
Certain entities which have taken the view that they were not required to register pursuant to the original definition of “private fund” may need to reconsider whether they are within the scope of the PFL based on the new broader definition.
07/09/2020
Cayman Islands Private Funds Law – Expanded Scope
As there is limited guidance on the scope of these categories and material sanctions for failure to register a private fund, a case-by-case analysis will be necessary.
07/08/2020
7MB resort under pension probe
CNS was informed by workers from the resort that at least a year’s worth of contributions were missing from some pension accounts.
07/07/2020
Government awards £252m PPE contract to private equity firm
Ayanda Capital Limited, owned through an offshore holding firm based in the tax haven of Mauritius, secured deal to supply an undisclosed number of face masks
07/07/2020
Two at Mourant win STEP Excellence Award
Jamie completed his Diploma (typically taking two years) in just six months, while achieving a distinction in each exam.
07/07/2020
Bail-out, bail-in: whose oar is it anyway? - The Bank (Recovery and Resolution) (Jersey) Law 2017
The Law will provide greater protection for depositors and the taxpayer.
07/06/2020
Carey Olsen acts in BVI's first major virtual trial since COVID-19 lockdown
It is understood to be the the first fully virtual trial of its kind ever to be held in the BVI.
07/06/2020
Nigerian fraudster ‘Hushpuppi’ given St. Kitts-Nevis passport in February 2020 nabbed by FBI
Relying on data carefully analysed from several iPhones belonging to Hushpuppi, the FBI was able to discover loads of communications between the suspect and his collaborators
07/03/2020
Covid-19: Protecting Personal Data– The New Normal
At the same time, their smart home devices are capable of recording confidential conversations and their phones are able to track their movements with increasing precision.
07/03/2020
Offshore Business Update - Appleby
The purpose of this report is to help our clients better understand what “business as usual” in our jurisdictions* actually means.
07/03/2020
Four Carey Olsen lawyers among Channel Islands Top 35 Under 35
Four lawyers from across Carey Olsen's Guernsey and Jersey offices are featured in the 2020 eprivateclient Channel Islands Top 35 Under 35.
07/03/2020
Bedell Cristin lawyers named in Channel Islands top young professionals’ list
She is an Advocate of the Royal Court of Guernsey
07/03/2020
Limited partnerships relocating to Jersey: A new statutory pathway for migration
Importantly, the regulations make it clear that the continuance does not create a new legal entity.
07/03/2020
Malta's registrar given new powers to check beneficial ownership
The Registrar can now also demand that a company hands over any document or information to confirm the beneficial ownership report it has submitted.
07/03/2020
Harneys advises Greenland Global Investment
Greenland Global Investment Limited is the first real estate-focused conglomerate that was recognised as “Fortune Global 500” company in history.
07/03/2020
Harneys announces 2020 mid-year promotions
Harneys mid-year promotions also included the appointment of two new directors.
07/03/2020
Trustees - finding certainty in uncertain times
Those facing the most uncertainty, and risks of claims, may well be trustees of trusts that hold speculative or high-risk assets including investments in small business start-ups, private equity or venture capital funds, and technology companies
07/02/2020
Cayman Islands Voluntary Liquidations 2020
Historically, the timing of the commencement of the voluntary liquidation of a Cayman Islands company was often driven primarily by the desire to avoid incurring the following year's annual government fees.
07/02/2020
The New Cayman Islands Private Funds Law- Why Optionality is More Important than Ever
The Law enforces that all closed-ended Cayman fund vehicles are required to register with the Cayman Islands Monetary Authority (CIMA) by 7 August 2020.