Listing High Yield Bonds on the International Stock Exchange (TISE)
High Yield Bond issuers and their advisers continue to favour listing on The International Stock Exchange (TISE), with more than 400 High Yield Bonds listed on TISE at the end of 2022. Here, we provide an introduction to listing High Yield Bonds on TISE and a summary of Appleby’s own listing agent services.
Bermuda's Personal Information Protection Act - Are You Ready?
There have been recent indications from the Bermuda Government that Bermuda’s Personal Information Protection Act 2016 (“PIPA”) may come into full force in May or June.
Beneficial Ownership Registers: An Update
On 22 November 2022, the Court of Justice of the European Union declared that the provision of the EU Anti-Money Laundering Directive, whereby Member States must ensure that the information on the beneficial ownership of corporate entities incorporated within their territory is accessible in all cases to any member of the general public, is invalid.
Consideration should be given and appropriate advice should be sought as to what would be the most appropriate jurisdiction for the formation of any particular structure in its specific circumstances, in order to make the best use of any available regulatory arbitrage opportunities.
Will the amendments to the BVI Business Companies Act assist litigants?
The BVI Business Companies (Amendment) Act, 2022 and the BVI Business Companies (Amendment) Regulations, 2022, gazetted by the BVI Government on 12 August 2022, came into force on 1 January 2023.
Starting a captive in Bermuda? What you need to know.
Bermuda has seen a steady increase in new captives being formed as well as new structures, risks and geographies being covered. Matthew Carr of Appleby examines the most common questions the law firm receives relating to the Island.
Registration of banks in Jersey
A summary guide of the laws and procedures relating to the registration of Banks within Jersey - a jurisdiction with a well-established reputation as an international banking centre.
An overview of the types of companies available in the Island of Jersey, the method of formation and taxation of a Jersey company and the on-going requirements under the principal provisions of the Companies (Jersey) Law 1991, as amended (Law).
The Cayman Corporate Collateral Package in Subscription Facilities: A Share Peg in a Round Hole
Those in the subscription credit market will likely be familiar with traditional collateral arrangements over the capital call rights of Cayman funds formed as exempted limited partnerships (ELPs). Recently, however, we have seen a resurgence in the use of funds formed as Cayman exempted companies (CayCos), rather than ELPs, which gives rise to some additional considerations for a lender.
Cayman Islands Real Estate Guide 2023
First published by The Legal500 Real Estate Guide 2023: Cayman Islands. This country specific Q&A provides an overview of Real Estate laws and regulations in the Cayman Islands such as ownership proof, due diligence, planning and zoning restrictions, mortgages, environmental contamination and other insight into the industry's most common issues.
Determination of the "Senior Management Function" in Jersey
Last year we commented on the broadening scope of Jersey’s civil financial penalties regime and the consultation launched by the Jersey Financial Services Commission (JFSC) on their proposed notice to define “senior management functions” in order to determine who is within scope of the new regime.
Chambers Insurance & Reinsurance Guide 2023: Bermuda
This guide provides the latest information on sources of insurance and reinsurance law, overseas-based insurers or reinsurers, making an insurance contract, intermediary involvement, alternative risk transfer (ART) transactions, warranties, conditions precedent, insurance disputes and insurtech.
