03/16/2020
Coronavirus: Remote working for financial services
It’s an unprecedented situation with a large proportion of the global workforce now working from home in an attempt to delay and contain the virus.
Regulation, Risk & Compliance
03/16/2020
Arrivals to Bermuda from March 17 ordered to self-quarantine for 14 days
Health personnel will contact people known to be in self-quarantine to monitor their health.
03/13/2020
Ogier instrumental in £140 million financing deal for The Collective
The Collective will use the finance package to acquire additional development sites, with a particular focus on the UK, Germany, Ireland and the US.
03/13/2020
States of Guernsey issues guidance for Guernsey businesses in light of the coronavirus situation
Develop platforms such as hotlines and, dedicated websites for communicating status and actions to employees, vendors, suppliers, and customers.
03/13/2020
Filing deadline looms for Bermuda PTCs
The island presents a flexible, cost effective regime for the formation of PTCs, which are companies formed for the sole purpose of acting as trustee for a specific trust or a limited group of related trusts.
03/13/2020
Insurance companies working with government on virus
When a pandemic is declared by the World Health Organization, Brown said, the Public Health Department usually steps in to “contain, provide care, and monitor the treatment of the entire population”.
03/13/2020
Coronavirus (COVID-19) - Impact on Economic Substance and Tax
Companies still need to ensure that all meetings continue to otherwise be held in accordance with the company's constitutional documents.
03/12/2020
UK ombudsman and lifeboat scheme to extend Gibraltar remit
Treasury sets out consultation to reassess Britain’s financial services relationship with the territory
03/12/2020
Channel Islands Financial Ombudsman in breach of Data Protection laws
An early admission was made by the Channel Islands Financial Ombudsman as to the error and immediate action was taken to attempt to redress the situation.
03/12/2020
EHI Car Services Limited: The Grand Court Refuses (Again) To Reinvent The Wheel
The Company re-argued several issues which were expressly and repeatedly rejected by the court in previous rulings.
03/12/2020
Coronavirus and Economic Substance
The crisis has created an unprecedented set of challenges globally, and this is a helpful indication that Jersey is able to offer practical solutions to continue to run businesses companies in this environment.
03/12/2020
Cayman Island Update: AEOI 2020 Amendments
The Cayman Islands Department for International Tax Cooperation issued an industry advisory on 2 March 2020 highlighting a number of updates with respect to AEOI compliance.
03/12/2020
DAC6: what’s next for Luxembourg?
The EU had set a requirement for all Member States to have passed appropriate legislation to enforce DAC6 on or before 31 December 2019.
03/12/2020
Exporting regulatory competence: the double dividend for IFCs by Mourant
Financial crises tend to be the stimulus for regulatory change, and since the crash of 2009, the pace of change in international regulation has been impressive.
03/12/2020
Gibraltar risk and compliance professionals join with CISI to raise professional standards in global financial markets
The CISI is the global membership professional body encompassing financial services sectors including wealth management, financial planning and capital markets.
03/12/2020
Bermuda: Creditors, Comity and Corporate Rescue
Bermuda Court Appoints Light-touch Provisional Liquidators to North Mining Shares Company Limited
03/12/2020
Recent Change to Companies Act of Barbados
The commencement date of the Amendment is December 3, 2019.
03/11/2020
CBI Thematic Review Of Cyber Security - Key Findings
The Central Bank of Ireland recently completed a thematic inspection on cybersecurity risk in the asset management sector and has now issued an industry letter outlining the key findings identified.
03/11/2020
Appleby Mauritius Advises on the Issue of USD 400 Million Perpetual Subordinated Capital Securities
The Appleby team comprised of Group Managing Partner Malcolm Moller, and Manisha Lallah, Counsel.
03/11/2020
Ireland – the Emerald answer for Dutch CLOs?
Whilst no new law has been passed, the rulings in place for these transactions have been changed (unilaterally) by the Dutch tax authorities, a move that has shaken the sector.