04/25/2023
Securitisation and Cayman Orphan SPVs – Part One
This article will briefly discuss what a securitisation transaction is
Regulation, Risk & Compliance
04/24/2023
Harneys advises Jayud Global Logistics Limited on its US IPO
The Corporate team at Harneys advises on complex cross-border transactions involving the British Virgin Islands, Cayman Islands, Luxembourg, and Cyprus corporate vehicles.
04/24/2023
No enforcement of environmental laws
The chairman stressed that farming would also be affected because the land became more polluted and the soils less arable, which means the yield would be a lot lower.
04/24/2023
Malta airlifting 180 million peso banknotes to Argentina ahead of election
Malta will be airlifting 180 million banknotes to Argentina in the coming weeks, as the South American country finds itself unable to meet banknote demand ahead of the general election in October
04/24/2023
New Changes To Cima's And The Fra's Powers
Eight new bills have been proposed that will increase the Cayman Islands Monetary Authority’s (CIMA) and Financial Reporting Authority’s (FRA) powers.
04/24/2023
Chambers Global Practice Guide 2023: Fintech – Jersey
This year's guide was prepared by group partner Christopher Reed and senior counsel Tom Fothergill.
04/24/2023
Jersey Blockchain Chapter (Mondaq)
The most common application of blockchain technology in Jersey is to cryptocurrencies and any other digital assets.
04/21/2023
Cayman Islands: CIMA’s money laundering rules overruled by court
The decision comes against the backdrop of Cayman’s fight to be removed from the FATF’s grey list, and government officials have stated that an appeal is being explored.
04/20/2023
Coinbase gets Bermuda license, plans to launch offshore exchange in coming weeks
By launching an offshore exchange in Bermuda, San Francisco-based Coinbase would be better poised to challenge Binance, which dominates the global crypto trade, and to diversify its revenue base.
04/20/2023
The Guernsey Regulators FAQS on Part II Licenses Under the LCF Law
Even where a book of loans is in run off, the provider will not automatically be entitled to an exemption from the requirement for a licence.
04/18/2023
The MFSA’s Supervisory Priorities 2023
Consumer Protection and Education - follow ups on supervisory inspections undertaken during 2022 on license holders to ensure all MiFID II requirements are satisfied.
04/18/2023
New BVI Requirement to produce an Annual Financial Return each year
The Annual Financial Return will not be filed with the Regulator and details will not be publicly available.
04/18/2023
Six reasons why companies incorporate in Jersey
Clients are looking to balance economic benefits with certainty and security, and many are turning to Jersey to provide exactly that.
04/18/2023
New captive registered on Bermuda
A restricted SPI may conduct special purpose business with specific cedants approved by the Authority.
04/18/2023
Checking the Lifeboat - Cayman Islands Consensual Restructuring Strategies
The cash flow solvency test involves having some regard to debts which fall due for payment in the reasonably near future as well as debts which have already fallen due.
04/17/2023
How to apply for a British Virgin Islands virtual asset service provider licence
The Act contains a prohibition that no person should carry on, in or from within the British Virgin Islands, the business of providing a virtual asset service without being registered by the regulator in that regard.
04/17/2023
The New Commercial Planning and Environmental division of Ireland's High Court that becomes effective from today
This new list will hopefully alleviate delays and will enable more efficient management by the Courts of the broad range of planning and environmental cases
04/17/2023
Recent changes to Jersey's AML/CFT regime – a user-friendly summary and FAQs
Existing entities which were previously out of scope have until 30 June 2023 to comply with the new regime.
04/17/2023
Online tool to determine if the recent changes to Jersey's AML/CFT regime applies to an entity
This tool has been developed in connection with the Proceeds of Crime (Jersey) Law 1999
04/17/2023
Jersey Government receives third serious data protection reprimand – but no fine
This right is commonly known as a ‘subject access request’ or DSAR.