Hassans International Law Firm is delighted to announce that it has recently become the first Gibraltar member of the International Financial Centres (IFC) Forum.

Risk retention (RR) has loomed large on the US CLO horizon since 2011, and despite industry lobbyists having advocated hard for the exclusion of CLOs from the 'skin in the game' provisions during the intervening period, the final rules, which were adopted in October 2014 and published on 24 December 2014, made no exception for CLOs.

Since the British Virgin Islands ("BVI") invested in a decision to upgrade its corporate framework through the introduction of the Mutual Funds Act, 1996, the Insolvency Act, 2003, and the BVI Business Companies Act, 2004, it has become one of the most popular jurisdictions for corporate transactional work as well as for the incorporation of companies and funds.

Recently passed legislation has made some important revisions to the Cayman Islands beneficial ownership register regime that first came into force on 1 July 2017.

This update follows on closely from our prior Due Diligence update and should be read in conjunction with it.

On 18 February 2015, ESMA published an updated table of signed cooperation agreements under the AIFMD 2011/61/EU.

An amendment to Cayman's existing Anti-Corruption Law (2014 Revision) has been passed, the Anti- Corruption (Amendment) Law, 2016, and it has far reaching consequences as to how corruption is now investigated within the public sector in the Cayman Islands, ...

Do trustees need to register with the US Internal Revenue Service (the "IRS") before 1 January 2015?

The Cayman Islands make up the world's fifth largest financial centre.

The Minister for State at the Department of Business, Enterprise and Innovation signed into law the Sectoral Employment Order for the Construction Industry ("the SEO") on 19 October 2017.

Henry Smith takes a look at how recent developments within the EU might impact Cayman's investment funds sector.

The European Union (Undertakings for Collective Investment in Transferable Securities) (Amendment) Regulations 2016 implemented the UCITS V Directive 2014/91/EU ("UCITS V") into law in Ireland.

Reforms to Cayman Islands restructuring laws, which are expected to come into force in late 2021 or early 2022, have now been published by the Cayman Islands Government.

The Central Bank of Ireland (the "CBI") has released a full suite of AIFM] documentation.

On 19 July 2016, ESMA published an updated Q&A on the application of AIFMD 2011/61/EU and its implementing measures

The Cayman Islands Government has recently granted legislation allowing the addition of offshore aviation services to the Cayman Enterprise City (CEC) special economic zone.

BVI law is a mixture of statute and common law. The principal statute governing corporate and personal insolvency in the BVI is the Insolvency Act 2003, which is supported by the regulations...

Please provide an overview of the documentation (or framework of documentation) on which derivatives transactions are typically entered into in your jurisdiction.