The Mutual Funds (Amendment) Law 2006 came into effect on 14 November 2006 and amended certain provisions the Mutual Fund Law (2003 Revision) ("Law"). Set out below is a brief summary of the key amendments

Blockchain has been widely touted as the most significant technology of the last 20 years, with the potential to revolutionise the financial services industry across a range of applications, from crypto-currencies to smart ...

Companies incorporated in the Cayman Islands usually conduct operations and hold assets elsewhere than in the Cayman Islands and Cayman Islands corporate insolvencies therefore commonly have a significant international dimension.

The judgment in Weavering Macro Fixed Income Fund Limited (In Liquidation) v Peterson and Ekstrom (2011) that was delivered at the end of August 2011 has refocused the offshore hedge fund industry on the role of directors of offshore hedge funds.

As from 7th November 2023, the Hague Convention Abolishing the Requirement of Legalisation for Foreign Public Documents (Hague Convention) was brought into force in China...

Our last quarterly update on the developments of the economic substance regimes in the British Virgin Islands, the Cayman Islands and Bermuda related largely to reporting procedures and deadlines...

New regulations in Bermuda, the British Virgin Islands (BVI) and the Cayman Islands came into force at the start of 2019

For those that are interested in data protection, the last 12 months' have been exciting, in that people are finally talking about the subject because of the impending introduction of the GDPR, ...

If not and a check is appropriate, then consideration must be given to the level of check.

Anthony Williams, Mark Holligon and Gemma Whale from our Crown Dependencies Insolvency and Restructuring team attended last week's R3 Annual Conference in Portugal.

On 24 January 2025, The Stock Exchange of Hong Kong Limited (the "Exchange") released consultation conclusions on its further proposals to expand the paperless listing regime and other rule amendments.

The past few years have seen a continuous growth in the Asian fund finance market in the use of environmental, social or governance (ESG) or sustainability-linked lending (SLL) facilities.

The Isle of Man Companies (Amendment) Act 2021 made a number of changes to Isle of Man company law in September 2021. However, one provision in that Act, which addresses public access to information regarding...

The Isle of Man Government has today (15 December) approved an extension of the economic substance rules to include "self-managed schemes".

We recently contributed the Isle of Man chapter to the Eversheds Sutherland Horizon Scanning - Betting and Gaming quarterly review, an interactive guide to keep readers informed about the key...

A recent judgment highlighted an area of uncertainty in Manx trust law by questioning under what circumstances would the Manx courts be willing to interfere with a trustee's decision which has given rise to unintended consequences.

The relationship of trustees to beneficiaries is viewed as fiduciary, meaning there are certain equitable principles which prevent trustees from abusing their position;

The Law Society of Jersey has this week issued guidance commenting on the rules governing wrongful trading under Jersey law given the financial difficulties caused by the COVID-19 pandemic.

Following on from the changes that were introduced last September, proposed amendments have been lodged with the States Assembly to further extend Jersey's family friendly legislation to bring it much closer ...

On the investment strategy front, there has been a measured increase in the allocation to alternative investments, a long term decline in public equities and an increase in the availability of non-traditional sources of debt funding.