07/02/2021
The Authority is currently investigating whether Binance, the Binance Group, Binance Holdings Limited or any other company affiliated with this group of companies has any activities operating in or from within the Cayman Islands
07/02/2021
It is settled law nowadays that this principle also extends to discretionary trusts, at least where the beneficial class is closed.
07/02/2021
Cayman Islands restructuring provisional liquidation is a powerful debt restructuring tool.
07/02/2021
The Pension Schemes Act 2021 includes several changes relating to CNs.
07/01/2021
This Legal Update provides background on the new SEC chairman and the SEC rulemaking process, the SEC’s prior guidance on cybersecurity disclosures
07/01/2021
The operational, conduct and regulatory risks associated with meeting the challenge are considerable.
07/01/2021
We look at the potential changes to environmental law and enforcement and the trends in 2021 so far
07/01/2021
The Minister for External Relations also intends to make an Order specifying the jurisdictions to which this change will apply, based on the outcomes of mutual evaluation reports carried out against the FATF Standards.
07/01/2021
The introduction of these changes send a clear message that the Isle of Man is a responsible and responsive jurisdiction committed to following international financial standards.
07/01/2021
Grandfathering provisions were introduced to ensure a smooth transition into the new global business framework
06/30/2021
But the lack of common regulatory standards across EU states for a growing subsector could pose barriers for wider market adoption of RegTech, the EBA said.
06/30/2021
A Cayman trust may be revocable or irrevocable.
06/30/2021
Quilter is warning people to stay alert to the risk of impersonation fraud, and has published a new video on its ‘Stay Safe’ webpage to provide customers, advisers and the wider public with tips on avoiding such scams.
06/30/2021
The expanded disclosure rules follow the same pattern as the rules for premium listed companies introduced in December last year
06/30/2021
Auditor consent letters must now be submitted with the registration application.
06/30/2021
This rapidly evolving environment is being driven by international standard setters that are now assessing regulators on much more than pure legislative architecture.
06/30/2021
The review focussed on host AFMs but some of the findings are also applicable to in-house AFMs.
06/29/2021
Where a data processor carries out processing on behalf of a data controller, Article 28 of GDPR requires the parties to enter into a written agreement
06/29/2021
The FCA’s proposals aim to increase transparency and competition, encourage capital flows towards firms that better manage climate risks and opportunities, and resource allocation towards transitioning the economy to net zero by 2050.
06/29/2021
The statement on Monday from the lawyers came just two days after their first public defence of the brothers who'd been accused of vanishing along with an estimated $3.6 billion (R51 billion) in Bitcoin from their Africrypt investment platform.