Economic Substance
20 May 2021

Jersey - extension of economic substance requirements to partnerships

Draft legislation has been lodged for debate in the Jersey legislature which will have the effect of extending the economic substance requirements, introduced for companies tax resident in Jersey in 2019, to partnerships.  The legislation is scheduled to be debated on 29 June 2021 and if approved will come in to force shortly thereafter.

Jersey 1024x576
19 May 2021

Jersey to permit investment in lawful cannabis related businesses

Proposals have been lodged with the Jersey legislature to amend the Proceeds of Crime (Jersey) Law 1999 expressly excluding lawful cannabis related activity from the definition of “criminal conduct”. This article is an in-depth review of the cannabis industry and Jersey’s relationship to it.

Brad Adderley, Bermuda Managing Partner at Appleby, will speak at the 2022 Society of Actuaries (SOA) Life Meeting on 23-26 August in Chicago.
17 May 2021

Maintaining a robust profile at the top of multiple sectors

This Country Report provides the latest update on how Bermuda is positioning itself as the perfect base for top professionals seeking to embrace the emerging trend of home working. 

Mergers and Acquisitions (M&A)
13 May 2021

Jersey: Mergers & Acquisitions Comparative Guide

This country-specific Q&A provides an overview to Mergers & Acquisitions laws and regulations that may occur in Jersey.

Mergers and Acquisitions (M&A)
13 May 2021

British Virgin Islands: Mergers & Acquisitions Comparative Guide

This country-specific Q&A provides an overview to Mergers & Acquisitions laws and regulations that may occur in the BVI.

Real Estate Finance
13 May 2021

Podcast - Real Estate - Key considerations when structuring property holding vehicles

This month, Christophe Kalinauckas, Group Partner at Appleby in Jersey joined Stephanie Workman, Senior Manager, Real Estate Services at Crestbridge for the latest in a series of podcasts by Crestbridge entitled Real Assets. Real Expertise. In this podcast Christophe shares insights into the popular structures clients use for holding commercial and residential real estate.

Brad Adderley, Bermuda Managing Partner at Appleby, will speak at the 2022 Society of Actuaries (SOA) Life Meeting on 23-26 August in Chicago.
6 May 2021

Blue chip Bermuda welcomes green investment

In 2019, the “underwriting nature” initiative led by Swiss Re culminated in the first ever coral reef insurance policy.

Funds & Investment Services
4 May 2021

New Private Investment Funds in Guernsey

In December 2020, the Guernsey Financial Services Commission (Commission) published a consultation paper containing proposals to amend the rules in respect of Private Investment Fund (PIF) (the PIF Rules) to allow more investor categories to take advantage of an appropriately regulated fund structure.

Employment-and-Immigration
23 Apr 2021

Changes to the Employment Act 2000 – Part 5

This is the fifth and final part of our series of articles on the amendments to the Employment Act 2000 (“Act”) that are due to come into force on 1 June 2021. In this part we look in detail at the new legal regime relating to the use of probation periods for new recruits and newly-promoted employees.

Listing Services
21 Apr 2021

Listing Co-Issuers on The International Stock Exchange

This article provides a summary of Appleby listing agent services in the Channel Islands, and also offers an introduction to listing loan note securities issued by co-issuers on The International Stock Exchange (TISE).