ArticleBVI Economic Substance ProposalsNew legislation is currently being considered by the BVI Government which is expected to require in-scope entities that carry on particular activities to have economic substance within the BVI.British Virgin IslandsFinance and BankingOgier
ArticleSnapshot: Can You Assign A Chose In Action In BVI Law?BVI statute does not currently provide for the legal assignment of a chose in action governed by BVI law and does not have an equivalent of Section 136 of the English Law of Property Act, 1925.British Virgin IslandsFinance and BankingOgier
ArticleBVI Court Freezes Crypto WalletsIn February this year, Chainswap Limited (Chainswap) a BVI incorporated company that provides for "cross-chain bridging" (the process of synthetically transferring cryptocurrency tokens...British Virgin IslandsTechnologyOgier
ArticleCayman Counsel Series: CIMA Deregistration - Stub Period Audit WaiversWe're bringing you bite size insights and a fresh point of view on current legal trends and forces shaping the market for those doing business with the Cayman Islands.Cayman IslandsFinance and BankingOgier
ArticleCayman Islands Removed From EU Tax ListAs expected, the European Council announced on 6 October 2020 that the Cayman Islands has been removed from the EU's list of non-cooperative jurisdictions in tax matters (Annex I).Cayman IslandsTaxOgier
ArticleAppointing Receivers In Aid Of Equitable Execution In The Cayman IslandsA recent decision of the Cayman Islands Grand Court in Y v R (9 January 2018) has confirmed the applicable principles concerning the appointment of receivers to aid enforcement of a Cayman Islands' judgment.Cayman IslandsWealth ManagementOgier
ArticleCayman Counsel Series - Succession Of Asian Family Businesses - How Trusts Can HelpA common theme in Asia is the topic of ageing founders and the corresponding issues that arise around succession.Cayman IslandsWealth ManagementOgier
ArticleFund Finance: Guernsey Perspective And UpdatesThe global fund finance market has shown much resilience over the last 18 months. In this article, our team offers their thoughts and insights on the recent developments in Guernsey's fund finance market.JerseyFinance and BankingOgier
ArticleIn The Matter Of The Real Estate Of Thomas Charles Le Normand, Deceased (Royal Court, 24 June 2010)Thomas Charles Le Normand, deceased (the "Deceased") died intestate as to Guernsey real estate. JerseyWealth ManagementOgier
ArticleOne Thing To Think About If You Are Buying A Flat: Service ChargesFirst time buyers today may find a traditional house beyond their means, so may be considering buying a flat.JerseyWealth ManagementOgier
ArticleFamily Office Investments And Jersey Private FundsOur previous post concerned direct investments by large family offices. This post focuses on how such investments are structured. GuernseyFinance and BankingOgier
ArticleFamily Offices Challenging Traditional Investment ModelsOur investment funds and private wealth teams have been collaborating on a number of initiatives designed to assist family offices in structuring private investments. GuernseyFinance and BankingOgier
ArticleLuxembourg Agrees Temporary VAT Cut – Here's What You Need To KnowIn an effort to reduce the impact of inflation on households and businesses, the Luxembourg government met with trade unions on 28 September to agree a new package of measures.LuxembourgTaxOgier
ArticleShareholders Of BVI Companies Need To Make A BVI Will Advises Estates ExpertShareholders in BVI companies risk making the probate and estates process more lengthy, divisive and costly when they die by not making a formal BVI will, says estates expert Fraser Allister.British Virgin IslandsFamily and MatrimonialOgier
ArticleCayman Court Successfully Responds To COVID-19 ChallengesA substantive hearing of a winding up petition in the Financial Services Division last week successfully conducted via video-link shows the Cayman Court is effectively responding to the challengesCayman IslandsCoronavirus (COVID-19)Ogier
ArticleSnapshot: The Growth Of Private Equity And Alternatives In GuernseyAs a small, innovative jurisdiction, Guernsey provides a range of structured fund products which offer significant speed to market, making it a compelling proposition for fund managers.JerseyCorporate/Commercial LawOgier
ArticlePrivate Wealth Specialist Wisdom Hon Speaks On Economic SubstanceSenior Associate Wisdom Hon, identified as "one to watch" by Legal Week Private Client Global Elite for the second year running, is speaking at two events this week...Hong KongWealth ManagementOgier
ArticleCOVID-19: Economic Substance - Advice On Meeting The Directed And Managed TestUnder the Taxation (Companies – Economic Substance) (Jersey) Law 2019 and the Income Tax (Substance Requirements) (Implementation) (Guernsey) Amendment Ordinance 2018 and the Income Tax (Substance Requirements) (Implementation) Regulations 2018.GuernseyCoronavirus (COVID-19)Ogier
ArticleSnapshot: Doing Well By Doing Good – Banking And Finance In An ESG World"Doing well by doing bad" is no longer an acceptable business model and now the future focus is very much on "doing well by doing good".GuernseyFinance and BankingOgier
ArticleAustralia And The People's Republic Of China Now Part Of Luxembourg's Third Country Regime For Investment ServicesEligible companies in Australia and the People's Republic of China are now able to provide cross-border investment activities or services, as well as ancillary services,WorldwideFinance and BankingOgier