06/16/2020
The Royal Court has again held that the Guernsey Financial Services Commission's enforcement process is compliant with licensees' right to a fair trial under The Human Rights (Bailiwick of Guernsey) Law 2006.
06/16/2020
The deal was led by Hong Kong partner Kristen Kwok, who was supported by Sonya Saxena.
06/15/2020
To promote convergence in relation to the supervision of costs in UCITS and AIFs, ESMA has developed criteria to support NCAs
06/15/2020
The lifeboat scheme has also adapted the way it calculates perceived losses stemming from the investments, valuing many at nil to allow for claims.
06/15/2020
This is more important than ever."
06/12/2020
This briefing provides a high level summary of the VASP Law and the amended legislation above.
06/12/2020
The new regime has resulted in the publication of a revised Form FTL and where a migration of the manager is involved the new Form FTLM.
06/12/2020
The fast-tracking would apply for either a general partner of a non-Guernsey limited partnership, or a standalone manager wishing to move domicile to Guernsey.
06/12/2020
The 3-month deferral for DAC2 initially proposed by the European Commission on 8 May 2020, is maintained.
06/12/2020
It also specifies that the leeway it applies will be closely coordinated with national authorities, the ESAs as well as the European Central Bank.
06/12/2020
Regulator says it failed to appoint appropriate directors and meet AML protocols
06/11/2020
The appointed person responsible for the valuation of fund property must value the fund's assets in accordance with the valuation policy.
06/11/2020
Banks see jump in inquiries as savers wonder whether their nest eggs are safe
06/11/2020
By structuring transactions using vehicles domiciled in the ADGM, enforceability of structures and transaction terms can be improved for private equity and venture capital investors.
06/11/2020
The government’s strategy to create a platform for sustainable growth in a “new normal” world is commendable.
06/11/2020
The Court of Appeal also ruled that the assets of a BVI company are not, without more, to be considered the assets of one of its shareholders
06/11/2020
Carey Olsen and Slaughter and May acted for the States.
06/11/2020
The Committee has stated that Guernsey's anti-money laundering legislation will not apply to the proceeds of the lawful cultivation and production of cannabis for recreational purposes in any country where such cultivation and production is lawful.
06/11/2020
Cryptoassets are a new and rapidly expanding asset class with a total market capitalisation of $300 billion.
06/10/2020
Deals that will happen definitely will decline.