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

Government seeks input for beneficial ownership revamp

By 2023, public beneficial ownership standards are expected to become the global standard, the ministry said.

Queen's Counsel Appointment for Walkers' Colette Wilkins

There have been 27 Queen's Counsel appointments in the Cayman Islands since the first was made in 1982.

CIMA releases Related Fund Entity form for Cayman Islands Private Funds

The deadline for the filing of all relevant RFE forms by each Private Fund will be the same as the deadline for the filing of its FAR form.

BVI Court has the power

This decision demonstrates the BVI Commercial Court’s willingness to assist shareholders of BVI companies where they are, or appear to be, the victims of fraud.

Cayman Islands: Opposing the Appointment of Liquidators for Alleged Lack of Independence

The identity of the practitioners being appointed is usually uncontroversial; most of the instances where a challenge is brought concern allegations of actual lack of independence.

Reinsurance Activity In The Cayman Islands Doubling Every 18 Months?

What has been noteworthy of late is the increase in reinsurance undertakings domiciling in the Cayman Islands

Cayman Islands Segregated portfolio companies

The assets and liabilities of each segregated portfolio are legally separate from those of the other segregated portfolios.

BVI Court Puts Substance Over Form When Considering Technical Defences

The BVI court has again demonstrated its willingness to take a pragmatic approach to claims arising from cross-jurisdictional liquidations

BVI data protection: A practical update for funds

The DPA applies to data controllers, namely persons who either alone or jointly process personal data, or have control over, or authorise the processing of personal data.

Cayman private fund annual returns deadline: Additional form required for relevant fund entities

With the deadline approaching fast, CIMA has published a Notice to advise that the related fund entity (RFE) form for private funds is now available for completion on CIMA's online portal (known as REEFS).

Mourant advises Apex Group

Mourant is working alongside English counsel Kirkland & Ellis on the deal.

Ogier advises Index Ventures

Index Ventures is a global venture capital firm, backing the most ambitious entrepreneurs from Seed to IPO.

Cayman Islands: Opposing the Appointment of Liquidators for Alleged Lack of Independence

he Cayman Court is vigilant to ensure not only actual independence, but also the appearance of independence; not least because of the need to maintain confidence in those whom the Court appoints.

New Amendment in BVI Supercharges Financial Investigation Agency's Powers

Briefly, FIA's functions are to investigate any suspected financial offences, the proceeds from financial offences and any matter referred to in financial legislation generally.

Walkers expands insolvency and restructuring team

He joins Walkers from global law firm Mayer Brown where he was a Partner in their Restructuring and Insolvency practice for approaching eight years.

Home-Grown Talent 'Key to Succession' at Collas Crill

The firm will also be welcoming new trainees Daniel Bradshaw and Collas Crill bursary student Millie Thompson in Jersey, and Laura Smith in Guernsey.

Carey Olsen acts as listing agent for two new issuers listed on TISE Sustainable

TISE Sustainable aims to enable the flow of capital into investments that promote environmental, social or sustainable activities

Appleby Redefines the Legal Landscape

The objection was made by the Respondent verbally to the Usher in charge of the execution of the seizure pursuant to Article 829 of the Code de Procedure Civile 1808, a provision no longer being observed and applied in practice in Mauritius.

Grounds For Objection To Appointment Of Voluntary Liquidators As Court-Supervised Liquidators, Confirmed.

Challenges to voluntary liquidators taking appointments as official liquidators are fairly common in Cayman

Guernsey Company Law - Directors’ Duties

Particular circumstances or transactions should be the subject of specific legal advice given on the relevant facts at the relevant time.

Offshore and IFC