Digital assets and Bermuda’s fintech future
The Government of Bermuda set the stage for developing the island’s fintech sector in early 2018 by announcing its agenda to develop a legal and regulatory framework that created a welcoming and stable environment for those operating in the evolving global fintech space.
Guernsey approves new discrimination legislation – but the battle continues…
There was much celebration accompanying the approval by the States of Guernsey to introduce discrimination legislation, but as anyone who has followed this subject over the last few years will know, there remains much work to be done.
Listing quoted Eurobonds on The International Stock Exchange
The International Stock Exchange (TISE or the Exchange) provides recognised facilities for the listing and trading of debt instruments and securities issued by companies and other forms of investment vehicles.
Continuance of Unincorporated Foreign Limited Partnerships into Jersey
Jersey has developed into one of the world’s leading financial centres, offering investors and promotors in the private funds sector a well regarded and regulated jurisdiction, operating within the same time zone as London and with third country access to the EU.
Commercial Real Estate in the Cayman Islands: An Overview
This Cayman Islands Q&A gives a high level overview of the corporate real estate market; real estate investment structures, including REITs; title; tenure; sale of real estate; seller's liability; due diligence; warranties; real estate tax and mitigation, including VAT and stamp duty/transfer tax; climate change targets; restrictions on foreign ownership; real estate finance; leases; planning law; and proposals for reform.
First published on ePrivate Client, July 2020 These unprecedented times of COVID-19 are challenging for all of us and trustees are no exception. Trustees can face a wide range of issues from investment values to beneficiaries dying. This article will consider trustees duties and how trustees might manage those duties during COVID-19.
Self-funding model for the Office of Data Protection Authority (ODPA) in Guernsey
Guernsey’s data protection regulator, the ODPA, has announced that it has reached agreement with the States of Guernsey over transitioning to a self-funding model. The updated data protection legislation is now a little over two years old, but the scale of the task of implementing a framework for oversight has been significant. It is not surprising that core areas of implementation have taken priority, but nevertheless it is important to recognise this as a milestone development.
Isle of Man Treasury announce new personal injury discount rate
The Isle of Man Treasury has announced that a new discount rate will be applicable to personal injury compensation awarded by the Isle of Man Courts. The new discount rate will see a decrease from +2.5 to -0.25% .
Jersey will soon implement the OECD’s mandatory disclosure regime (DAC6) through its own mandatory disclosure regime; David Dorgan details its terminology and requirements.
In recent days the news has been filled with landlords announcing their rent collection results following the June quarter day. This is not optimistic reading, with initial data suggesting that less than 20% of commercial rents in the UK have been collected.
