10/20/2021
SPACs: what should be included in a Luxembourg prospectus?
This Public Statement has been supplemented by specific guidelines issued by the Luxembourg Stock Exchange (LuxSE) in August 2021.
Regulation, Risk & Compliance
10/20/2021
Funds & Investment Management Update- Ireland And Luxembourg- Q3 2021
The Central Bank's approach in relation to cryptoassets will be kept under review
10/19/2021
Rule Against Perpetuities: Supreme Court Guidance
In considering the exercise of its discretion under section 4 of the RAPAA, the Court had regard to Bermudian jurisprudence concerning comparable legislative provisions and expressed its approval of the following principles:
10/19/2021
Estate Planning: Certainty in Uncertain Times
In particular, consideration should be given to the creation of powers of attorney, enduring powers of attorney and heath care, or personal welfare, declarations as a part of proper estate planning.
10/19/2021
UK Outlines Beneficial Tax Treatment For Asset Holding Companies
The enhancements to the UK fiscal framework will aim to capitalise on the UK's strengths
10/18/2021
Fibre optic broadband for all Guernsey homes by 2026
The States of Guernsey is investing up to £12.5m into the £37.5m project, which was approved on Friday.
10/18/2021
Collas Crill Advises on Authorisation of World's first tier one Bitcoin ETF
It is Jacobi’s intention to list the fund on Cboe Europe, one of the largest pan-European equity exchanges, subject to Financial Conduct Authority (FCA) listing approval.
10/18/2021
States ‘putting money where its mouth is’ to push finance
The money will be used to enhance the agency’s research, expanding its local and global communications and recruiting experienced business representatives in target markets.
10/18/2021
Walkers Cayman Acts on IHS Holding Limited's NYSE IPO
The Walkers team worked alongside Latham & Watkins' London and New York teams and was led by Cayman Islands partners Rolf Lindsay and Andrew Barker, with assistance from associate Sam Francis.
10/17/2021
Seven Mile Securities fined $250,000 by CIMA
According to the indictment, a co-conspirator who turned confidential informant and cooperated with the FBI, in October 2018 transferred 700,000 shares of Argus Worldwide Corp to McAlpine
10/15/2021
Privacy and Data Breaches In the Cayman Islands
In this regard, it is important for Cayman Islands entities that process personal data are aware of their obligations under the DPA and are in a position to recognise and adequately respond to a privacy breach or notifications that occur.
10/15/2021
JTC Shortlisted for Best use of Regtech Award
RegTech is the management of regulatory processes within the financial industry through technology.
10/15/2021
Central bank targets large merchants for digital wallets
The push to deepen the mobile money market forms part of the drive to introduce a central bank digital currency, a Jamaican CBDC, into the economy, and reduce cash usage.
10/15/2021
‘Technology outpacing legislation’ in Bermuda
She gave an example of one client trying to create a financial technology company.
10/14/2021
Why the Cayman Islands is a preferred jurisdiction for family offices
The primary sources of the government’s revenues are derived from stamp duty taxes on property transactions, imports, work permits and tourism.
10/14/2021
Guernsey short-term worker permits extended
Extending employment permits from five to seven years "should help" and waiving the cost of permits for new arrivals should be "welcome news" for employers wanting to bring new staff to the island.
10/14/2021
Cayman limited partner protections
The fund documentation invariably contains extensive details of the general partner's rights, powers and protections.
10/14/2021
SRA publishes report on anti-money laundering
Our anti-money laundering work
10/14/2021
New Bermuda ILS marketplace registers
The regulatory sandbox provides “an innovation track” for companies to test new technologies
10/13/2021
New exemptions align Jersey’s prospectus rules with familiar UK/EU exemptions
The changes are an important step in modernising Jersey’s prospectus regime while still maintaining its integrity and its fundamental role in protecting investors.