Cayman Islands Real Estate Finance and Investment Outlook 2023
The Cayman Islands continue to offer attractive opportunities for real estate finance and investment. This article explores the current state of the Cayman Islands’ real estate market (post second quarter market trends), the factors driving investment, and the considerations that make Cayman an appealing choice for investors.
Isle of Man Trusts and Trustees Act 2023 Update
The much anticipated Trusts and Trustees Act 2023 received Royal Assent on the 18 July 2023, bringing into force sections 1 and 2. The remainder of this Act comes into operation by Appointed Day Order 4 December 2023.
Uncertainty Over Control Test in Sanctions Relating to Russia
Bermuda-based companies undertaking business with Russian entities must comply with the island’s sanctions regime, which has expanded significantly since the beginning of the war in Ukraine.
HKEX’S Proposed Expansion of Paperless Listing Regime
On 30 June 2023, HKEx published the conclusions of the consultation on expanding the paperless listing regime and certain rule amendments, in an effort to foster environmental sustainability and to support the global initiatives towards greener economies and a sustainable future.
A Comparative Analysis of BVI and Bermuda Law Security Registration Formalities
The British Overseas Territories of Bermuda and the British Virgin Islands (BVI) are widely recognised as two of the world’s leading international financial services centres. Each is known as providing creditor-friendly legal systems, aided by pragmatic and commercial security registration regimes. These security registration regimes make these jurisdictions attractive options for lenders and businesses to consider when entering into secured financing transactions. This article examines and compares the registration formalities to be met in the BVI and Bermuda, should a lender wish to take security over the assets of BVI and Bermuda entities. In this analysis reference is made to security interests granted as being “charge/s”. However, this term is applied generically and refers to various forms of security interests granted under mortgages, pledges, legal and equitable charges (fixed and floating), assignments, liens and debentures.
G20 Sustainable Finance Initiative and Offshore Green Financing
Green and sustainable finance has been expanding rapidly as investment decisions are increasingly taking into account environmental, social and governance (ESG) factors.
The Stock Exchange of Hong Kong’s Growth Enterprise Market Listing Reforms
On September 26, 2023, HKEx proposed changes to GEM Listing Rules to counter declining new listings since 2019, influenced by the success of the Beijing Stock Exchange in attracting small and medium-sized enterprises.
Regulatory Compliance: Bermuda Economic Substance and AML/ATF Regimes
Regulatory compliance has seen developments at a global scale over recent years, with continued focus on tax evasion and anti-money laundering (AML)/anti-terrorist financing (ATF).
Exploring Wealth Solutions Amidst Shifting Horizons with Appleby Partner Richard Grasby
Richard shared insights on global trends in wealth structuring and their relevance to Asian markets.
Podcast: Technology Trends & Bermuda
Technology by nature is a constantly changing industry, and with the introduction of AI technology, more changes are surely coming. Listen to the latest ‘Tech Talks’ podcast now.
Navigating AI Service Contracts
Organisations are increasingly using and relying on the many commercial advantages of artificial intelligence to model risk, fabricate simulated data, create analytical reports and even generate computer code.
Aquapoint L.P. v Xiaohu Fan CICA (Civil) Appeal no. 0014 of 2022 (Grand Court cause no. FSD 0157 of 2021 (DDJ)), 4 October 2023
