Managers of Wealth Offshore

Cayman Islands investment funds - spring 2021 update

Auditor consent letters must now be submitted with the registration application.

Evidencing Effectiveness

This rapidly evolving environment is being driven by international standard setters that are now assessing regulators on much more than pure legislative architecture.

Feature: Substance requirements and economic permanent residency in The Bahamas

The general purpose of substance requirements legislation is to ensure that entities are engaged in real economic activity in the jurisdiction they are deemed to be resident for tax purposes.

Apex Group secures global company secretarial services mandate with Bocom

This global mandate is an expansion of the Group’s existing relationship with Bocom who have been a client since 2011.

EU nationals in Channel Islands reminded to apply for settled status

Citizens Advice Jersey says it is concerned there are hundreds of islanders who still have not applied and it has been inundated with requests for support in recent weeks.

Valuations can play a key role in contentious cases

Commercial litigators are likely familiar with the broad concepts involved – but perhaps not with how valuation principles can be deployed in contentious cases.

Capital International Bank secured Isle of Man full alternative banking regime licence

It has a quick pre-application process, whereby clients will know within just 200 seconds whether they are eligible for the service or not.

A period of reform for UK stock exchanges?

Despite the global uptick in new listing activity, the UK has been facing pressure as a jurisdiction, with only 5% of global IPOs having been carried out in London between 2015 and 2020.

Bahamas leads OACPS panel discussions on EU blacklisting

The OACPS proposes establishing a joint structure of OACPS-EU member states, a mechanism for transparent and constructive dialogue in keeping with the new OACPS-EU Partnership Agreement.

BVI High Court confirms the test in an application for interim relief in aid of foreign proceedings

The new provision brought a solution to the abrupt end of the reign of the Black Swan jurisdiction.

Trustee fees – reasonable or not?

The 2014 Judgment made it clear that, from that point forward, the sole purpose of the Foundation was to provide funding for the sub-trusts.

TISE joins AFME

TISE’s membership of AFME puts us amongst the leading capital markets participants, and at the centre of policy discussions concerning the future of financial markets in Europe.

OECD amends model digital platform reporting rules to offer option for extended scope

The new document comprises two parts: a new module containing amendments to the original model rules and interpretive guidance, and a new multilateral agreement to support the international exchange of information collected.

BVI Costs: Further Guidance from the Court of Appeal

Our Update of June 2020 discusses comments on relevant case law

“Brothers in Arms”: How Certain Companies in Dire Straits can Implement Restructurings with Cayman Islands Assistance

The unprecedented financial volatility and operational uncertainty brought about by the COVID-19 pandemic has forced many companies to consider a range of restructuring options in a variety of jurisdictions, either on a proactive basis or as a reaction to

Regulation, Risk & Compliance