Managers of Wealth Offshore

CILPA has no authority to fine, claim lawyers

CILPA was created after the Law Society merged with the Cayman Bar Association.

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

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.

A Decisive Tax Defeat for the Multinationals?

Altera, owned by Intel, just lost a major case on corporate offshore tax evasion.

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.

Walkers Advises Affinity Private Wealth Limited on Pinnacle Trustees Limited Acquisition

Walkers was lead adviser to Affinity on all Jersey law aspects of corporate, banking, regulatory and employment matters.

Hearing reveals Cayman’s ‘broken’ pension system

Government’s recent decision to allow savers the early withdrawal of a portion of their pension funds has also increased public awareness of pensions.

O’Neal Webster Acts for Scotiabank on the Sale of its BVI Operations

BVI-based Managing Associate Jenelle Archer (property and business), assisted in the property aspects of the deal.

Offshore Business Update: Bermuda

Bermuda has begun to gradually re-open the Island.

Dominica Expands Definition of Dependant Under Its Citizenship by Investment Programme

The new rules qualify children aged 16 to 30, parents and grandparents of the main applicant or their spouse for citizenship

ILS Needs a Buoyant Secondary Market to Thrive - But Electronic Platforms must come first.

The answer to that is to use electronic platforms, but people are reluctant to be the first mover, they are waiting for others to move first.”

Carey Olsen advises on sale of Lloyds Bank International's Channel Islands wealth management and funds business

The business has total funds under management of £1.0 billion (as of 31 May 2020). T

Ogier advises Urban Logistics on seven-site Crown Portfolio purchase

The transaction, effected through the acquisition of a Jersey property unit trust, involved a number of law firms across Jersey, England and Scotland, with Ogier working closely with Urban Logistics' onshore counsel, Wedlake Bell.

Offshore private fund laws and family office structures

Offshore holding companies forming part of a private wealth structure have typically been unregulated.

Update on Cayman Islands Private Funds Law and Regulation

The rules recognise that certain private funds do not prepare marketing materials, and do not require them to do so.

Health and Wellness - Employers Duties

With the current state of COVID-19, many employees are in the midst of now returning to work and others who have been working at home are returning to the workplace

The demise of IBOR: key considerations to prepare for the phase out

A number of bank issuers have already started to make the proactive step to transferring their older legacy deals that will cross over into 2021 to alternative rates.

Ogier advises five leading international banks on States of Guernsey Covid-19 credit facility

Ogier's banking and finance team in Guernsey, with onshore Counsel Clifford Chance, advised HSBC as the lead agent for the syndicate of banks.

Practically Speaking: Episode six - Demystifying the continuation or re-domiciliation of foreign companies

Episode six - Demystifying the continuation or re-domiciliation of companies into or out of the BVI

Walkers Hong Kong Advises Garuda Indonesia

The Walkers team was led by Hong Kong partner Nicholas Davies and assisted by associates Sonya Saxena and Anni Dai.

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