08/03/2022
The Amendment Act introduces a new corporate restructuring process and the concept of a dedicated restructuring officer into the Cayman Islands Companies Act (2022 Revision).
08/02/2022
The partnership is part of TLT’s commitment to working with other sustainability-minded organisations
08/02/2022
An overview of the Cayman Islands Beneficial Ownership Guidance Notes.
08/02/2022
Proposed Directive would apply to public and private companies, including many non-EU companies
08/02/2022
Upon filing the application seeking the appointment of restructuring officers, companies will be able to obtain an immediate and standalone restructuring moratorium on unsecured creditor action which will have extraterritorial effect
08/02/2022
With Trust Companies often having to manage competing demands and expectations, respondents were asked to identify the primary source of beneficiary disputes.
08/02/2022
The RTS supplement the 2019 Sustainable Finance Disclosure Regulation and provide guidance at a time when, in particular, ESG-branded financial products are coming under increased scrutiny.
08/01/2022
The new guidance provides clarification around where responsibility sits for ensuring that marketing communications comply with the requirements set out in the respective directives in cases where a third-party distributor, and not the fund manager itself
08/01/2022
The Law Commission considered and dismissed a potential fourth criterion of “divestibility” – being capable of being transferred or disposed of – which characteristic they determined to be common but not critical among data objects
08/01/2022
A whistleblower who hacks their employer’s computer systems to demonstrate their vulnerability to attack, for example, will not have statutory protection.
08/01/2022
EY was willing to withdraw from the project to allow Transnet to re-tender, but Transnet rejected this option and asked EY to prepare a revised work plan.
08/01/2022
In the past several years, a number of suspended issuers were delisted by the Stock Exchange of Hong Kong (the “ Exchange “) as a result of their failure to secure a resumption before the expiry of the 18 months remedial period.
07/29/2022
Italy introduces a new Category of Non-Professional Investors for AIFs
07/29/2022
The guidance was provided by the European Commission in updated ‘Q&A’ documents published by the European Securities and Markets Authority
07/29/2022
Long-term contracts may start out collaboratively.
07/28/2022
Note that charities have a duty to make a referral to the DBS when it believes a person has caused harm or poses a future risk of harm to vulnerable groups, including children.
07/28/2022
In less welcome reading, the report refers to “a stubbornly persistent scepticism regarding how charities use their money and how they behave”.
07/28/2022
Other conditions on such secondary fundraising include consultation with major shareholders
07/27/2022
As at June 2022, there were 12,935 investment funds (predominantly hedge funds) registered with the Cayman Islands Monetary Authority under the Mutual Funds Act (as amended).
07/27/2022
The issue reached the South African courts for a ruling after the ANC failed to pay invoices it had been sent by Ezulweni in relation to the banners supplied.