The 2023 Cayman Islands Real Estate Guide
The Real Estate 2023 guide provides the latest legal information on the impact of disruptive technologies, proposals for reform, sale and purchase, real estate finance, planning and zoning, investment vehicles, commercial leases, construction and tax in the Cayman Islands.
Personal health information and your privacy
When Bermuda’s privacy laws come into full force, perhaps this year, one of the most sensitive areas of privacy protection will concern the medical and health records that so many organisations collect and use.
More changes to Jersey's Anti-Money Laundering Regime (AML)
Our experts look at latest proposals to the legal and regulatory anti-money laundering framework in Jersey to combat financial crime
Establishing a single family office in Jersey
Want to know more about establishing a family office in Jersey? Find out what a family office is and how Appleby can help in terms of structuring and, if required, establishing a presence on the island.
Change of control of regulated entities in Jersey
Find out how Appleby Jersey has advised upon a number of changes of control scenarios in different contexts following considerable consolidation in the fiduciary services market.
(RE)INSURANCE - THE ABCS OF SPCS
Segregated portfolio companies (SPCs) are frequently used in Cayman Islands (re)insurance structures. The defining feature of an SPC is that it offers statutory segregation of assets and liabilities obviating the need for contractual segregation. This article provides a high- level overview of the legal characteristics of an SPC and considers why these structures continue to be popular in the Cayman Islands (re)insurance space in particular.
Singularis Holdings: 10 Years’ Later
In 2013, the Caymanian liquidators of Singularis Holdings Limited (“SHL”) sought information from PwC – the former auditor of SHL – by way of ex parte summons, which was granted. PwC applied to set aside the order on two grounds: a. The Bermuda Court’s common law jurisdiction was not equivalent to the statutory powers of the Bermuda Court under the Companies Act 1981; and b. that the Bermuda Court should not exercise any common law jurisdiction that would exceed the jurisdiction of the Grand Court of the Cayman Islands (Bermuda’s statutory power was broader than the equivalent provision in Cayman).
Passion for Transaction Motivates Adderley
Appleby Bermuda leader shares his journey to the top and his belief that hard work beats good grades.
The Calculation of Holiday Pay for Employees with Irregular Hours
As we move into the summer months, employers are likely to receive more frequent requests for leave from employees. Whilst the calculation of holiday pay is straightforward for fixed hours contracts, how is holiday pay calculated for employees who work irregular hours?
Bermuda leads in tackling climate change
Bermuda's proactive approach to climate change and environmental, social and governance (ESG) initiatives serves as a model for other offshore jurisdictions to follow, demonstrating its dedication to addressing these global challenges head on.
The Guernsey Regulators FAQs on Part II Licences under the LCF Law
The new Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022 (LCF Law) will come into full effect on 1 July 2023. We have highlighted some of the FAQs that relate to Part II Licences under the LCF Law below. Whilst we recommend reading the FAQs directly, the points raised may help to navigate through them.
Consumer Credit and the Provision of Services Ancillary to Credit under the new LCF regime
The new Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022 (LCF Law) will come into full effect on 1 July 2023. Below are the latest updates on consumer credit and the provision of services ancillary to credit under the new LCF regime – Part II Licences.