Managers of Wealth Offshore

TISE welcomes Irish business law firm

The TISE proposition has a number of important differentiators from the other exchanges we work with. We are sure it will be a very attractive listing venue for our clients.

IBOR rates changes: important considerations for Trustees and Directors

This is a part of a series of practical vlogs in which we will examine areas of law and practice that frequently arise for our clients.

Walkers’ Jersey team advises on major polymetal financing

The purpose of the loan was for corporate purposes, including in particular, for the implementation of a programme for the reduction of greenhouse gas emission intensity.

Guernsey Cyber Security Rules and Guidance

The accompanying guidance (the Guidance) provides the boards of Licensees (the Board) with examples of how a Licensee may satisfy the requirements laid out in the Cyber Security Rules.

New body created to tackle financial crime in Guernsey

The creation of the EFCB was an opportunity identified by the Committee to strengthen Guernsey's approach to tackling financial crime, and deal with the threats and risks faced by Guernsey as an international financial centre.

Mourant helps keep Accessorize open

This was particularly pleasing as the deal was completed following the second of two island lockdowns which saw all non-essential retailers forced to close for a number of weeks.

Walkers succeeds in Privy Council

The Board emphasized the need for an appellate court to exercise great caution before interfering with factual and evaluative decisions made by a trial judge and the judgment serves as a reminder to appellate courts not to interfere with findings of fact

Financing considerations for take-private transactions in the Cayman Islands

Different considerations apply to the financing of transactions affected by each different method.

BVI Court of Appeal clarifies key principles for recoverability of costs

The Court of Appeal affirmed the principles set down in what is now a series of judgments interpreting various aspects of the LPA

Two Ogier partners named on Asian Legal Business Offshore Client Choice List 2021 of outstanding lawyers

ALB notes that a client calls Nick “hugely professional and efficient,” while another lauds his “knowledge, pragmatism, timeliness, availability and to-the-point advice”.

Britannia Owners' Golf and Beach Club Rights Upheld

The judge had to consider core principles of the jurisdiction's land law in reaching his decision.

Guernsey's Companies Law

Guernsey offers an electronic companies registry (the Registry).

Appleby's Hong Kong Office Acts as Cayman Islands Counsel for New Hope Service Holdings Limited

The Appleby team was led by Partner Judy Lee, supported by Legal Manager Minnie Choi.

The British Virgin Islands Updates its Trust and Probate Legislation

The new Act provides a comprehensive list of more than 60 jurisdictions that the British Virgin Islands will recognise for the purposes of resealing, including all Commonwealth countries, Hong Kong and the US.

EU recommits support for the use of intellectual property rights in the Caribbean

The EU said intellectual property and innovation are critical components in fostering trade and investment as well as stimulating innovation and competitiveness in the private sector.

Collas Crill Explains… A Guide to Compulsory Winding-up in Guernsey

A company may be compulsorily wound up for a number of reasons, the most common being where the company is unable to pay its debts (as described at paragraph 4 below).

Walkers Advises on Two Korean Asset-backed Securitisation Social Bonds

Social bonds are increasingly becoming more common as businesses and investors increase their focus on ESG mandates.

BMA Introduces 'May 2021 Guidance' for Digital Asset Business

The Bermuda Monetary Authority (BMA) recognizes the importance of actively monitoring its laws and regulations to ensure harmony with the undertakings which it regulates.

Carey Olsen advises Starwood on RDI purchase and TISE listing

The transaction gives Starwood controlled affiliates 100% ownership of RDI REIT after a c.30% stake was acquired in the property investment business from South African investor Redefine in July last year.

Enforcement action under the BVI Economic Substance regime - ITA determinations of non-compliance

As mentioned above, a Non-Compliance Notice is issued when the ITA has determined that an entity has not complied with its economic substance obligations during a given financial period.