02/18/2021
The PCA also creates and sets out the obligations of the Financial Reporting Authority (FRA) which is the financial intelligence unit established in the Cayman Islands to receive, analyse and take action with respect to reports of suspicious activities.
02/18/2021
A witness who appears by audio-visual link must, as soon as is reasonably practicable after witnessing the signing of the Will
02/18/2021
Family businesses in Singapore, Hong Kong, and Asia in general, have always been a key factor in generating wealth
02/17/2021
Carey Olsen Singapore advises CN Energy on Nasdaq listing
The IPO raised US$20 million for the China-based manufacturer and supplier of wood-based activated carbon and a producer of biomass electricity.
02/16/2021
Costs in liquidation proceedings – does the failure to set aside a statutory demand subvert the general rule that costs follow the event?
The debtor can resist liquidation proceedings and, where the debtor can show that the debt is disputed on genuine and substantial grounds, the court will dismiss the application.
02/16/2021
Mourant is the leading advisor by assets to Jersey funds
This is a reflection of our extensive experience, technical rigour, deep resources and dedication to client service, built through many years of sustained growth and trusted relationships with our clients, who are our core focus.
02/16/2021
In the interview, he explains why the firm is uniquely placed to apply a global perspective to Luxembourg as a leading international investment domicile.
02/16/2021
Ogier is the first and longest-standing established international offshore firm in Luxembourg and is uniquely placed to apply a global perspective to Luxembourg as a leading international investment domicile.
02/16/2021
This multi-jurisdictional transaction was also supported by Senior Associate Rebecca Jack from Appleby’s BVI office and Associate Ann-Alecia Moore from Appleby’s Cayman Islands office.
02/16/2021
The Secret Luxembourg Base of Italy’s ’Ndrangheta Mafia
The intensely hierarchical and clannish ’Ndrangheta have fanned out across the world from their home base in southern Italy, often using family-based chain migration to get footholds in new markets.
02/16/2021
Over HK$8 billion from scam victims laundered through Hong Kong bank accounts in 2020: police sources
As the HK$8.33 billion in 2020 involved nearly 2,600 stop-payment requests from victims, police sources said thousands of Hong Kong bank accounts – both personal and business – were believed to have been used to collect and launder the funds.
02/16/2021
Carey Olsen advises Epiris and James Hay Holdings on Nucleus Financial Group acquisition
Epiris Fund II (Fund II) has owned James Hay since 2019 when it bought the business as part of its acquisition of IFG Group plc.
02/16/2021
If the value of the estate is under £10,000 a small estates exemption may apply.
02/16/2021
The Fast-Track process is therefore only applicable to estates where the deceased died domiciled in England and Wales, Scotland, Northern Ireland, Guernsey or the Isle of Man.
02/15/2021
Introducing our mental health first aiders
It’s important to note that MHFAs are not counsellors or psychologists, but are there to provide guidance, signposting and support to those who need it.
02/15/2021
Firewall and Forum
The Court also provided further guidance on the application of forum for administration clauses in Cayman trusts.
02/15/2021
Legal and commercial guarantees: know the difference?
This means the duration of the commercial guarantee can be less than two years.
02/15/2021
Confirmation of Carey Olsen as Jersey's leading law firm for investment funds follows 10 years of considerable client growth in the sector, including a 115% increase since 2010 in the number of Jersey serviced funds it provides legal advice to and a
02/15/2021
The year 2020 has seen a continuation of the trend where large insurers are dealing with expensive loss events like the California wildfires.
02/14/2021
Dissenters from short form mergers are entitled to fair value appraisal of shares
The Court dealt with this question as a preliminary issue and found