11/10/2020
Diogo Duarte de Oliveira and Olivier dal Farra of Baker & McKenzie Luxembourg analyse the DAC6 hallmarks and consider how intermediaries may encounter them in the context of private equity investment structuring in Luxembourg.
11/10/2020
The Carey Olsen team advising VinaCapital on all Guernsey aspects of its migration was led by corporate partner Ben Morgan and senior associate Gemma Campbell.
11/09/2020
New Juan Carlos investigation widens to Jersey bank account
Intelligence about the account, with a reported balance of nearly €10 million, was promptly passed on to Spanish prosecutors.
11/09/2020
In the matter of the Arpettaz Settlement [2020] JRC 161
The introduction of so-called firewall provisions has, if anything, only reinforced that general position.
11/09/2020
Carey Olsen advises Kape Technologies on cash box placing to raise US$115 million
The funds will allow Kape to consolidate previous acquisitions in the digital privacy market and enable it to exploit other potential acquisition opportunities which may arise as a result of current market conditions.
11/08/2020
Background The Plaintiff, Torchlight Fund LP, brought claims against Millinium Asset Service Pty Ltd and others, the 1st to 3rd Defendants (the MAS Parties) alleging conspiracy and other economic torts (the Conspiracy Proceedings). The Plaintiff was the R
11/08/2020
The offshore, corporate and wealthy unit was established by HMRC at the time of the 'Panama Papers' scandal in April 2016.
11/06/2020
The legislation has been drafted in line with current FATF (Financial Action Task Force) rules, aligning the crypto industry with international anti-money laundering standards.
11/05/2020
Carey Olsen advises ad hoc group of lenders in Survitec restructuring
As part of the transaction, ownership of the Survitec Group was transferred to the group's lenders who were represented by Carey Olsen in Jersey.
11/05/2020
The award will be the sixth time that Ogier globally has won the accolade offshore law firm of the year in the last two years
11/05/2020
Mourant was one of seven firms shortlisted for the 'Offshore Firm of the Year' title.
11/05/2020
BAHAMAS: New legislation criminalizes financial schemes
Licensees will also be required under the Bill to have adequate financial resources and be solvent and to have adequate insurance coverage appropriate to their business operations.
11/04/2020
Who's Who Legal recognises nine Carey Olsen partners as experts in private funds
Among the nine recognised, Ben Morgan, partner and head of the Guernsey corporate practice, is also the only Guernsey-based lawyer to be recognised as one of six 'global elite thought leaders' for the offshore region.
11/04/2020
The basic procedure begins with the lender suing the borrower to recover all sums plus interest due.
11/04/2020
Ogier advises Ardonagh Group on corporate restructuring and debt financing
Ogier also advised on the refinancing of high yield bonds and credit facilities as part of the debt financing.
11/04/2020
Cayman reports anti-money laundering progress to FATF
The FATF placed Cayman under observation to implement a total of 49 recommendations made by the CFATF in its evaluation.
11/03/2020
Maltese wealth firm appeals €1.2m fine
Company says that it is ‘undoubtedly disproportionate to the alleged breaches’
11/03/2020
New CIMA Rules for Registered Mutual Funds
New rules relate to contents of offering documents, segregation of assets and the calculation of asset values.
11/03/2020
UPDATE Cayman Islands – CRS and FATCA update
The Cayman Islands has extended the CRS and FATCA reporting deadlines to 16 December 2020 and the deadline for filing the new CRS Compliance Form has been extended to 31 March 2021
11/03/2020
Cayman Islands Announces Legal Framework in Bid to Attract Crypto Businesses
A new virtual assets bill to bring in provisions to facilitate the phased rollout of the new rules was published last Thursday and will be presented at the next sitting of the Cayman Islands Legislative Assembly.