ArticleRecap Of BVI Finance 2018 Asia RoadshowThe Bank of Asia has been established in the BVI to address the growing needs of offshore companies and their owners.British Virgin IslandsCorporate/Commercial LawAppleby
ArticleThe BVI Virtual Assets Service Providers Act, 2022 Comes Into ForceFollowing our client advisory issued on 11 January 2023 and available here, the BVI Virtual Assets Service Providers Act, 2022 will come into force on 1 February 2023.British Virgin IslandsFinance and BankingCampbells
ArticleThe BVI Moves Towards Attaining Category 1 Registration StatusThe British Virgin Islands (BVI) is currently a tax neutral Category 2 Red Ensign port of British Registry operating under the authority of the Merchant Shipping Act, 2001. British Virgin IslandsTransportHarneys
ArticleThe State of Ontario Pension ReformOn October 29, 2010, Bill 120, the Securing Pension Benefits Now and for the Future Act, 2010, the second phase of pension reform, was released. CanadaEmployment and HRMcCarthy Tétrault
ArticleVirtual Assets In The British Virgin Islands: Compliance Period To Expire In January 2021The BVI Financial Services Commission (the "Commission") recently published new virtual asset guidance (the "Guidance"). Cayman IslandsFinance and BankingCampbells
ArticleGFSC Takes ‘another Step Forward' In Its Sustainable Finance RemitThe Guernsey Financial Services Commission's (GFSC) membership of the Taskforce on Nature-related Financial Disclosure (TNFD) is ‘another step forward on an...GuernseyFinance and BankingGuernsey Finance
ArticleGuernsey Association Of Compliance Officers Builds Relationship With CIFOIn its final seminar of the year, the Guernsey Association of Compliance Officers welcomed the newly-appointed Principal Ombudsman and Chief Executive of Channel Islands Financial Ombudsman, Douglas Melville, to discuss his role...GuernseyFinance and BankingCarey Olsen
ArticleGuernsey Finance Cements Commitment To Sustainability And Gender Equality At UN FC4S AGMGuernsey Finance Head of Strategy and Sustainable Finance Stephanie Glover recently headed to Dublin to attend the United Nations Financial Centres for Sustainability Annual General Meeting (AGM)...GuernseyFinance and BankingGuernsey Finance
ArticleThe Private Investment Fund Regime (PIF)On 16 November 2016 the Guernsey Financial Services Commission (the "Commission") approved the introduction of a new classification of fund known as the Private Investment Fund ("PIF"). GuernseyFinance and BankingCarey Olsen
ArticleGuide To Limited Liability Partnerships In JerseyFollowing on from its original introduction in 1997, the legislation governing the limited liability partnership (LLP)JerseyCorporate/Commercial LawAppleby
ArticlePrivate Trust CompaniesA private trust company ("PTC") is a useful vehicle to consider in the planning and establishment of trust structures for high net worth and ultra high net worth families.JerseyCorporate/Commercial LawBedell Cristin
ArticleJFSC Consults On Widening Civil Financial Penalty Scope And Streamlined Decision-Making ProcessChanges proposed by the Jersey Financial Services Commission ("JFSC") will enable the regulator to operate more streamlined investigations and decisions with regards to regulatory sanctions...JerseyFinance and BankingWalkers
ArticleChanges To The JFSC Codes Of PracticeThe Jersey Financial Services Commission's (the Commission) consultation paper on amendments to the Codes of Practice, which was published in July 2017...JerseyWealth ManagementOgier
ArticleGuide To Captive Insurance Companies In JerseyAn explanation of the regulatory requirements to enable a company to apply for a permit to carry on insurance business in Jersey. JerseyWealth ManagementAppleby
ArticleLending Into JerseyInstitutions not established in Jersey, wishing to lend to customers based in Jersey, should consider the following laws and regulations.JerseyWealth ManagementAppleby
ArticleRegulation Of Receivables Trustees In JerseyIn the mid-1990s receivable trust structures became the preferred form for the issue of bonds backed by UK credit card receivables. JerseyWealth ManagementMourant Ozannes
ArticlePublic Consultation On The Draft Variable Capital Companies BillWith the objective of enhancing the competitiveness of the financial services sector and diversifying the product base of the Mauritian IFC, the Budget Speech 2020-2021 introduced the Variable Capital Companies ("VCC").MauritiusFinance and BankingAXIS Fiduciary Ltd
ArticleWhy Multinational Groups Operating In Africa Should Consider The Mauritius Global Treasury Activities LicenceA Mauritius Global Treasury Activities Licence allows multinational groups to centralise treasury operations such as cash management, group financing, foreign exchange risk and liquidity management in one jurisdiction. For businesses operating across Africa, it can improve financial oversight, strengthen governance, simplify banking relationships and, where conditions are met, provide valuable tax incentives.MauritiusFinance and BankingThe Sovereign Group
ArticleImplementing The Measures Announced In The Mauritian National Budget 2023/2024 – "To Dare & To Care"As announced in our E-Alert on 6 June 2023, the Minister of Finance, Economic Planning and Development (Minister of Finance) had previously tabled the Mauritian National Budget...MauritiusFinance and BankingAppleby