01/22/2021
Transfer by way of continuation into the Cayman Islands
If the business of the Company will require a licence under the laws of the Cayman Islands
Regulation, Risk & Compliance
01/22/2021
Bahamas To Rebound ‘Faster’ Than Its Rivals
Mr Sands said The Bahamas and its tourism industry had overcome the September 11 terror attacks, two Gulf wars and numerous recessions before, although nothing like a global pandemic.
01/22/2021
Ogier sees real estate sector continuing to thrive as corporate and finance team advises Realstar on £600 million portfolio sale
The Ogier team, which advised on both corporate and financing elements of the transaction
01/22/2021
Establishment of Cayman Reinsurance Industry Group
The Cayman Islands reinsurance industry is experiencing significant growth
01/22/2021
Guernsey economic substance update: COVID-19 concessions, self-managed funds and partnerships
Guernsey tax resident companies carrying out certain relevant activities have to comply with the substance requirements set out within the Income Tax (Substance Requirements) Implementation Regulations 2018
01/21/2021
Re-Regulating Offshore Finance In The Global Economy
The term offshore refers to something outside the national boundaries, no matter if the location is water-based or inland.
01/21/2021
Appleby Bermuda Advised Stable Group in Novel Structure
Appleby acted as Bermuda counsel for the Stable Group in the structuring, establishing and licensing of its subsidiaries: Stable Corporation and Stable Bermuda.
01/21/2021
Cayman Islands Update: Economic Substance and CBCR - January 2021
The DITC announced further Economic Substance updates including reporting deadline extensions.
01/21/2021
Fitness and Probity - Central Bank of Ireland Expectations Not Being Met
The Central Bank will continue to engage with firms to assess the robustness of their application of the F&P Regime and will initiate necessary supervisory responses to any weaknesses identified."
01/21/2021
Dealing with Requests for Flexible Working under Jersey and Guernsey Law
Both Guernsey and Jersey have been fortunate in that employees have been able to return to workplaces that are relatively Covid-19 secure since lockdown measures were eased
01/20/2021
BVI Approved Managers: Upcoming Deadline
The Investment Business (Approved Managers) Regulations, 2012 provides a regulatory 'light' regime for qualifying managers in the BVI.
01/20/2021
Gibraltar extends regulatory guidelines for digital asset exchanges
The Market Integrity working group have combined to ensure that the added regulation meets the global market standards for exchanges and other marketplace platforms, while also considering recently defined standards set by the EU and other international b
01/20/2021
BAHAMAS: Ministry's 400 Questions Over Substance Reporting
The penalties for non-compliance are quite high given the seriousness of the legislation
01/20/2021
Commencement of the Virtual Assets Service Providers (VASP) Regime
Entities which are engaged in or wishing to engage in virtual asset services and are currently holding a license granted by CIMA under another regulatory authority must notify CIMA under the VASP Law.
01/20/2021
Litigation funding in the Cayman Islands – The new Private Funding of Legal Services Act
Prior to the new Act coming into force, both contingent fee agreements between attorneys and litigants and funding agreements between third party funders and litigants require the approval of the court
01/19/2021
COBOs to be reissued following new Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020
Information reported on beneficial ownership will not be made publically available without further changes to the law.
01/19/2021
€272.5m GDPR fines imposed by European regulators
The figure is taken from the law firm’s latest annual General Data Protection Regulation fines and data breach report of the 27 European Union Member States plus the UK, Norway, Iceland and Liechtenstein.
01/19/2021
Walkers Receives Highest Ranking in Regulatory and Compliance
Walkers' Global Regulatory & Risk Advisory group is led by Cayman Islands partner Lucy Frew and is the largest dedicated offshore practice of its kind, with 20 dedicated regulatory lawyers across the globe.
01/19/2021
2021: What lies ahead in the world of data protection?
The best advice in this regard is to adopt a transparent and consistent approach, yet also being prudent and careful in light of issues that can arise with over-disclosure.
01/19/2021
Liquidity Boosted by Loyalty: Creative Collateral
Revenue from the sale of miles has remained stable even at times when demand for flights has dipped.