04/06/2023
Other new criteria for BVI voluntary liquidators include having at least two years' experience of handling liquidations; holding appropriate professional qualifications and/or a BVI Financial Services Commission-issued insolvency practitioner's
04/06/2023
The partnership agreement, which must be in writing
04/05/2023
The revised Q&A does not change the Central Bank’s position in relation to retail investor alternative investment funds
04/04/2023
A JLP/SLP/ILP consists of one or more general partners who are jointly and severally liable for all the debts of the partnership and one or more limited partners
04/04/2023
One way of dealing with insolvency is a private agreement between creditors — often just banks and bondholders — and the debtor to effect a restructuring.
04/03/2023
The main requirements of the IAF Act will not come into force until after this consultation process has concluded.
03/31/2023
The Central Bank expects the letter will be reviewed by the boards of UCITS management companies (and AIFMs) and appropriate action taken without delay.
03/31/2023
The Cayman Islands have issued a regulatory update for October 2022.
03/31/2023
The move to a PIFM will represent a substantial change to the FSA’s fee structure, where the FSA is currently funded by approximately 56% fee revenue and 44% Treasury contribution.
03/31/2023
The UK Government created the TRS in 2017 to ensure that the UK complies with its international obligations to counter money-laundering and terrorist financing.
03/30/2023
Equity plans can assist in attracting, motivating and retaining staff which are some of the critical challenges many businesses face.
03/30/2023
The original regulation on European Long-Term Investment Funds2 ("ELTIFs") was introduced in April 2015.
03/30/2023
The consultation paper and associated draft legislation and Handbook changes can be found on the Commission’s Consultation Hub.
03/29/2023
The move means the Isle of Man’s climate action will contribute to the UK’s commitment to reduce its emissions by at least 68% on 1990 levels, by 2030.
03/29/2023
The London office team of Chris Bond, James Sermon and Chloe Harris will be supported by the head office in Guernsey.
03/28/2023
Not only did Deputy Taylor remain in States' Blue Book as the DPA VP - following a majority for Deputy Dyke during the DPA vote, but it was confirmed to Express that the Bailiff recognised Deputy Taylor as the current VP, not Deputy Dyke.
03/28/2023
Before proceeding with a conversion, persons are advised to consult their tax, legal and other professional advisers in their respective jurisdictions.
03/28/2023
On 2 December 2022, the CSSF issued the first iteration of its FAQ in order to provide further clarity on certain aspects of the SFDR.
03/27/2023
The Petitioners sought the Grand Court’s appraisal of the fair value of their shares pursuant to section 238 of the Companies Act.
03/27/2023
By way of background, the Amendments to the Bermuda investment business regime widened the Authority's scope of supervision over investment businesses and as a result, new categories of registered persons were introduced.