- Managers of Wealth - Legal - Wealth, private banking and asset management news and opinion

Bermuda – 2022 Economic Substance Declaration Form Updates, Registrar of Companies Compliance Reviews and Prospective Compliance Planning

The Registrar has issued two industry notices during the past month.

Cayman Court extends the timing of factual evidence in section 238 proceedings until third party disclosure is completed

Sina Corporation effected a take-private merger in the Cayman Islands.

Cayman Update: Return of Mistaken Payments held on Constructive Trust

The Court accepted that no benefit could have accrued to a payor in respect of a Mistaken Payment and that the Company would have been fixed with this knowledge at the time of receipt.

Privy Council permits enforcement of arbitral award under New York Convention despite alleged lack of due process

The Convention provides a set of international legal standards for the recognition and enforcement of arbitration awards

Fun and Games Ahead?

In addition to outlining the new provisions, this article will explore the scope for abuse of the new regime by unscrupulous debtors.

Snapshot: confidentiality in Cayman Islands arbitration proceedings

There are a number of other exception categories which are less likely to be available in a commercial context

In Your Court: Offshore Dispute Resolution Review

This variety is reflected in the range of content from our team in this edition

Russia Sanctions: Reporting obligations in BVI, Cayman, and Anguilla

Bermuda was not included in the UKOTs to which the 2019 Russia-UK Regulations were extended.

International law firm merges with Dublin-based Solicitors

Ireland combines a thriving domestic market and a significant and growing centre for financial services excellence which we believe is a great fit for our next home jurisdiction.

Ogier named best offshore firm

This year, more than 20,000 votes were cast in total, and the winners were announced at gala event in London on Thursday 24 March.

Four Appleby Partners named amongst the Top 50 Offshore Lawyers Asia Business Law Journal

As one of the world’s leading international law firms, our global teams of legal specialists advise public and private companies, financial institutions and private individuals across corporate, dispute resolution and private client and trusts pract

Cayman Court supports practical approach to adjudication of debts in liquidation

One of the segregated portfolios of the company, the Premier Assurance Segregated Portfolio, had offered life assurance portfolios to 11,160 participants (the Participants), all of whom had a claim in the liquidation.

Joint risk statement to the financial services industry: Customer relationships associated with Russia and Belarus

The JFSC has published associated guidance on dealing with higher risk relationships relevant to the current situation, and industry will be notified of their publication.

Jersey: Anti-Bribery and Corruption

Establishing and implementing effective anti-bribery and corruption policies and procedures in line with the UK Guidance will help to detect and prevent unscrupulous acts, reduce the risk of reputational damage and assist in defending any prosecution.

Offshore and IFC