In April this year, Mr Justice Baker of the English Commercial Court dismissed proceedings brought by the Danish national tax authority (SKAT) against over 100 defendants...

Harneys was recently offered a fantastic speaking and sponsorship opportunity by the organisers of the 2015 Alternative Asset Summit in Las Vegas.

During 2016, shareholders in Cayman Islands companies often availed themselves of the Court procedure for determining the fair value of their shares.

When Raul Castro took over from his brother as President of Cuba in 2008, he began a long-anticipated process of political and economic reform. As a result of his strategy, the stagnant economy has been gradually coming to life, galvanised by a fledgling private sector

At present, Cyprus-based crypto exchanges that wish to provide services both in relation to spot crypto products and financial instruments such as crypto...

This article outlines the changes, which are refinements rather than wholesale changes, and are expected to be largely welcomed by the financial services sector.

The British Virgin Islands is scheduled to undergo its Fourth Round of Mutual Evaluation by the Caribbean Financial Action Task Force in 2017.

Subsequent to the announcement by ESMA on 19 July 2016, the BVI has published the Securities and Investment Business (AIFMD) Regulations 2016 on 29 September 2016.

On 24 November 2016, the Direction Given By The Financial Investigation Agency (Revocation) Order, 2016 (the Order) was gazetted.

This Guide sets out the continuing obligations under Cayman Islands law of an open-ended fund registered with the Cayman Islands Monetary Authority (CIMA) under section 4(3) of the Mutual Funds Law...

A significant number of EU sanctions and restrictive measures on Iran related to its nuclear programme were lifted across the EU and other states following Implementation Day of the JCPOA on 16 January 2016.

I was really pleased to see yesterday that AIMA, the Alternative Investment Management Association, has published a paper which gives a really clear explanation as to why so many of the world's alternative investment funds are set up in offshore jurisdictions such as the Cayman Islands and the BVI.

The BVI has a full suite of modern legislation and rules to push the jurisdiction forward as a center for arbitration.

On 20 September 2016, the BVI Commercial Court clarified the question of whether the BVI Insolvency Act 2003 (the Act) provided a basis for liquidators to draw fees on account...

This levy requirement has been in place as a statutory obligation for all such companies since 2011, and this decision is a positive development towards reducing the financial burden on businesses.

On 12 February 2025, the Commission de Surveillance du Secteur Financier (CSSF) introduced a streamlined and more efficient procedure for the creation of new share classes in investment funds...

It's always hard to say why others in an organisation decide to promote you, but I think a quality that Harneys really values, and somehow saw in me, is an entrepreneurial spirit.

Harneys is pleased to report the appointment of Malcom Davis-White QC as a Commercial Court Judge for the Michaelmas Term 2016. He is a leading silk with wide ranging commercial experience...

On 9 February 2024, the BVI Financial Investigation Agency (FIA) issued an updated Money Laundering Reporting Officer (MLRO) Notification Form. The updated form must be used by relevant...