05/19/2020
Mauritius: the regulatory impact of Covid-19 on the financial services industry
Relevant documents may now be provided to the Financial Reporting Council in an electronic form as part of a review of the practice of an auditor.
Legal
05/19/2020
Mauritius: companies in financial difficulty and the COVID-19 (Miscellaneous Provisions) Act, 2020
The effect of these amendments is that companies are given more time to pay debts exceeding MUR250 000 and creditors cannot put a company in liquidation for sums of less than MUR250 000.
05/19/2020
Reducing the Risks of Returning to the Workplace – Key Issues for Irish-Based Employers
Care should be taken when selecting employees to return.
05/19/2020
Luxembourg Securitisation Vehicles Could Be Removed From ATAD I Exemption
The announcement also advised that, should Luxembourg and Portugal not amend their legislation in the next four months
05/19/2020
How a lasting power of attorney can help you during the COVID-19 crisis
A lasting power of attorney for property and affairs can also be used immediately at the donor's instigation
05/19/2020
English Court ruling demonstrates Unexplained Wealth Orders shouldn’t be taken on face value.
Update prepared by Christopher Edwards (Partner, Guernsey) and Jeremy Bell-Connell (Associate, Guernsey)
05/18/2020
Appleby Offshore Business Update Issue 8
As a global firm, at Appleby we believe we have a fundamental responsibility to do whatever we can to help our clients – and the business community at large
05/18/2020
Appleby Hong Kong Partner Fiona Chan and Counsel Vincent Chan are named in the Asian Legal Business Offshore Client Choice List 2020
The recognition marked the culmination of extensive research conducted by ALB which involved collating hundreds of questionnaires in their annual client survey with leading in-house counsel, lawyers in the onshore space and referees from financial institu
05/18/2020
Harneys Cyprus advises on US$20 million transaction
The Harneys team acted as Cyprus counsel and was led by Senior Associates Valentina Hadjisoteriou and Sonia Hamshaw, and Associate Marissa Christodoulidou.
05/17/2020
Covid-19: Deadlines for Jersey public company accounts and auditor’s report (audited accounts)
f your company cannot meet the deadline for filing your audited accounts, you can apply for an extension.
05/15/2020
Harneys advises on BVI aspects of Thoma Bravo’s acquisition of Command Alkon from Quilvest
The deal was originally announced 31 March 2020 and the closing was announced on 23 April 2020.
05/15/2020
The Cayman Islands Court of Appeal Relieves the Tension between Arbitration Clauses and the Just and Equitable Winding Up Jurisdiction
As such, it is not appropriate for a just and equitable winding up petition to be stayed in favour of arbitration.
05/15/2020
Crossing borders in Guernsey: new insolvency reforms
Guernsey can be regarded as an "start/end of the line" jurisdiction in insolvency terms.
05/15/2020
EU starts legal actions against Luxembourg over money laundering, tax avoidance
EU legal actions could lead to fines if member states do not apply common legislation.
05/15/2020
Collas Crill Advises on Premier Inn Development
The Collas Crill team in Guernsey was led by banking partner Sean Cheong and head of Property Jason Green.
05/14/2020
Carey Olsen supports Polygon with serviced office venture in Guernsey
The investments represent a positive sign for the Guernsey real estate market, which has adjusted well to the current coronavirus (COVID-19) restrictions and is endeavouring to carry on with business as usual.
05/14/2020
HSM to buy Higgs & Johnson’s Cayman business
“As part of this analysis, Higgs & Johnson, which is headquartered in The Bahamas, has made the difficult decision to divest itself of its business operations in the Cayman Islands,” the law firm and corporate service provider said in a s
05/14/2020
Walkers (Bermuda) Limited acts on GAN Limited's Nasdaq IPO
Walkers was led by partners Natalie Neto and Jonathan Betts with senior associate Rachel Nightingale completing the team.
05/14/2020
Minor But Important Changes to the Document Duty (Guernsey) Law 2017
Under the current regime, a conveyance by a limited company to its beneficial owner(s) is exempt from duty.
05/13/2020
CRA claiming $4.4B from Canadian companies and individuals suspected of tax evasion
The $4.4 billion is far from won for Canada’s tax agency. Tax evasion cases often lead to notoriously long and difficult court fights for the CRA