07/03/2020
Malta's registrar given new powers to check beneficial ownership
The Registrar can now also demand that a company hands over any document or information to confirm the beneficial ownership report it has submitted.
Legal
07/03/2020
Harneys advises Greenland Global Investment
Greenland Global Investment Limited is the first real estate-focused conglomerate that was recognised as “Fortune Global 500” company in history.
07/03/2020
Harneys announces 2020 mid-year promotions
Harneys mid-year promotions also included the appointment of two new directors.
07/03/2020
Trustees - finding certainty in uncertain times
Those facing the most uncertainty, and risks of claims, may well be trustees of trusts that hold speculative or high-risk assets including investments in small business start-ups, private equity or venture capital funds, and technology companies
07/02/2020
Cayman Islands Voluntary Liquidations 2020
Historically, the timing of the commencement of the voluntary liquidation of a Cayman Islands company was often driven primarily by the desire to avoid incurring the following year's annual government fees.
07/02/2020
The New Cayman Islands Private Funds Law- Why Optionality is More Important than Ever
The Law enforces that all closed-ended Cayman fund vehicles are required to register with the Cayman Islands Monetary Authority (CIMA) by 7 August 2020.
07/02/2020
Technology in legal transactions
The times we find ourselves living in are presenting us with challenges in all walks of life.
07/02/2020
Ireland and Luxembourg: Extension of Reporting Deadlines for DAC6, FATCA and CRS
Ireland and Luxembourg have both announced a six month deferral of the first reporting date under DAC6, the new EU Mandatory Disclosure Regime for certain cross border transactions which carry defined tax hallmarks.
07/01/2020
No automatic redemptions in a masterfeeder structure
Update prepared by Simon Dickson (Partner, Cayman Islands) and Jaclyn Pascoe (Knowledge Management, Cayman Islands)
07/01/2020
Amendments to Guernsey's Banking Deposit Compensation Scheme
Update prepared by Helen Wyatt (Partner, Guernsey) and Annaliese McGeoch (Associate, Guernsey)
07/01/2020
The Remote Trustee
Trust Governance Navigating the Global COVID-19 Pandemic
07/01/2020
Rise in venture capital backed tech in response to pandemic
The funds team at Ogier acts for a number of high profile VC managers and has significant experience in guiding managers through the establishment and regulation of highly successful VC funds.
07/01/2020
Walkers Acts on US$2 Billion Sterling Group Fund V
The firm emphasizes its operational approach in partnership with management teams to grow and improve its portfolio companies.
07/01/2020
Jersey Private Funds
The JFSC had previously applied a similar proportionate and light-touch approach to very private structures
07/01/2020
New partner for Carey Olsen in Jersey
Carey Olsen has promoted corporate lawyer David Taylor to the partnership, with effect from 1 July 2020.
07/01/2020
CILPA has no authority to fine, claim lawyers
CILPA was created after the Law Society merged with the Cayman Bar Association.
06/30/2020
Mourant advises Ardian on world's largest secondaries platform
The fund attracted 275 investors from nearly 40 countries across the Americas, Europe, Asia, and the Middle East
06/30/2020
The effect of the 5th Anti-Money Laundering Directive on the luxury sector
The European Commission (EC) has noted that a globally interconnected financial system has contributed to the ability of criminals, money launderers and terrorists to hide and move funds around the world.
06/30/2020
A Decisive Tax Defeat for the Multinationals?
Altera, owned by Intel, just lost a major case on corporate offshore tax evasion.
06/30/2020
Covid-19 in the Courts
The Court recognised the severe impact of COVID-19 and was sympathetic to the challenges faced by companies at this time.