01/06/2020
Recent Amendments to the Regulation of Trust Business in Bermuda
All trustees conducting trust business in Bermuda are required to be licensed by the Bermuda Monetary Authority
Legal
01/03/2020
Swiss bank penalized for undisclosed US accounts
The department imposed a total of more than $1.36 billion in Swiss Bank Program penalties.
01/03/2020
Enactment of the Securities and Investment Business (Amendment) Act, 2019 – new regime for the regulation of close-ended funds in the BVI
In response to the requirements of the European Union that the BVI should also regulate close-ended collective investment schemes
01/03/2020
New opportunities for blockchain use in the insurance industry
Heading into a new decade, the potential this technology has to create significant efficiencies in the handling of payments and customer data is opening up new avenues for opportunity.
01/03/2020
Swiss Firm in Panama Papers Charged in Transatlantic Stock Scam
Firm, executives accused of enabling microcap ‘pump-and-dumps’
01/03/2020
Collas Crill Guiding You Through... Desastre Proceedings for A Jersey Company
This guide looks at the key things you need to know about liquidating an insolvent Jersey company using désastre proceedings.
01/02/2020
The International Stock Exchange - New Listing Rules
OCFL is one of the leading listing agents in the offshore listing market and was a founder member of TISE when it launched over twenty years ago.
12/30/2019
Burning Questions – Grand Court considers the effectiveness of "Firewall Legislation"
The purpose of the Cayman Islands "firewall" legislation is, in essence, to insulate trusts governed by Cayman Islands law from challenges under foreign laws
12/29/2019
Vatican’s million-euro default case: financiers hit back at ‘intrigue’ claims
With millions in euros in Vatican bank cash at stake in a Maltese court case, lawyers for the Holy See are attempting to prevent Futura Investment Management from disposing of its share in a Hungarian property company
12/29/2019
Right of Access under GDPR: Draft Guidance from the UK ICO
Key takeaways
12/29/2019
Retired accountant with a secret past as 'money man for notorious gangsters'
Westminster Magistrates Court heard how Blanchard's involvement began in 1999 when he set up as an "offshore" tax adviser on Tenerife.
12/27/2019
Client-lawyer email exchange ‘privileged’, says judge
“The court denies the government’s seventh motion in limine and finds that the document is protected by the attorney-client privilege and that Ms. Innes has not waived the attorney-client privilege with respect to the document. Thus, the gove
12/24/2019
Walkers' Global Aviation Team acts on Airborne Capital's Inaugural US$637 million ABS
Walkers Professional Services, in both Cayman and Ireland and led by Fiona de Lacy and Elaine Anderson, provided fiduciary and cash management services throughout the warehouse phase of the transaction and will continue to provide fiduciary services throu
12/24/2019
The latest trends in philanthropy
The reputation of some of the more prominent charities has been tarnished and coupled with the perceived administration costs of some of these larger organisations, alternative ways of directly benefitting causes are increasingly being explored.
12/24/2019
Conyers advises START III Ltd
Similar to the STARR 2018-1 transaction – the first aircraft portfolio purchase to include 144A tradeable equity and a dedicated asset manager for equity investors – and STARR 2019-1, an affiliate of Sculptor will serve as an asset manager and
12/24/2019
Bermuda Investment Funds Amendment ACT 2019 Becomes Operative
The definition of investment fund has been amended to include both open-ended investment funds and closed-ended investment funds.
12/24/2019
Bedell Cristin partner on International Powerwomen list
This industry recognition comes at a time when Bedell Cristin is celebrating its 80th anniversary and is placing an increased strategic emphasis on expanding its private client offering around the world.
12/24/2019
Conyers advises Bosideng International Holdings
Bosideng and its subsidiaries are principally engaged in the apparel business, with a developed expertise in down apparel in PRC, in which it has been widely recognised by consumers as an industry leader.
12/24/2019
Conyers advises Redco Property Group
Partner Flora Wong and Associate Ryan McConvey of Conyers’ Hong Kong office advised on the matter working alongside Sidley Austin.
12/24/2019
Litigation Privilege: When Is the Shield Lowered?
The CICA decided that there is no privilege in a finalised witness statement that has been served on the other party.