08/30/2024
The new legislation further strengthens the Cayman Islands position as a leading trust jurisdiction catering for the needs of global high net worth clients and their families
08/30/2024
Within the chapter, Stephen, Annalisa and Kirsten shed light on the Cayman Islands' existing procedural framework
08/30/2024
ESMA, the EU’s financial markets regulator and supervisor, has published the translations [1] of the Guidelines in all official EU languages.
08/30/2024
The new listing rules which impact listings on the Main Market (as opposed to AIM) provide a simplified regime, which, coupled with the flexibility of Jersey companies, could make an attractive combination.
08/30/2024
The rule against perpetuities currently applicable in the Cayman Islands is derived from English law
08/30/2024
The SEC adopted targeted guidance on certain aspects of open-end registered fund liquidity risk management programs.
08/28/2024
Recent consultations and proposed legislation changes under the Virtual Asset Service Providers (VASP) Bill are set to impact our industry significantly.
08/28/2024
The completion of the transaction is pending customary closing conditions and regulatory approvals.
08/28/2024
Private credit providers, including private equity houses and investment funds, are just a sub-set of NBFIs, providing direct loans to businesses.
08/27/2024
This adjustment does not affect Cayman Islands STAR trusts, which were already exempt.
08/27/2024
The General Scheme suggests new rules for registering LPs aimed at increasing transparency.
08/27/2024
The specifics of the investment law’s implementation will be clarified once the implementing rules are issued and actual practices under the new law are observed.
08/27/2024
These additional principles to the existing BDAI Guiding Principles1 were set out in a Circular on 19 August 2024 to all authorized institutions.
08/23/2024
There was a feeling that provision could be made to require Banking and Financial Services Providers to enhance their cyber security resilience
08/23/2024
There is no general duty on public bodies to consult, simply on the basis that their decision is important or may have an impact on others.
08/23/2024
This note provides a quick reference to your PIF’s ongoing BVI obligations.
08/23/2024
Crucially, the ruling underscored an implied duty for the employer to act reasonably and in good faith when exercising their contractual discretion.
08/22/2024
The infrastructure sector reported the biggest pay gap of 21.4%, when compared against the financial services, energy, manufacturing, universities and telecommunications sectors.
08/22/2024
Due to its nationwide scope, this injunction means the Final Rule will not take effect on September 4, 2024, as planned.
08/22/2024
The Joint Statement highlights several “elevated risks” when using third-party arrangements