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.
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.
Sponsored Dependants; How and Where Can They Work?
If a person arrives on the island under a work permit with their spouse or partner who is a sponsored dependant, can the sponsored dependant seek employment in Bermuda? Can they continue to work for an employer incorporated outside of Bermuda? Can they work for themselves? This article explores these frequently asked questions regarding sponsored dependants and their right to work.
Applications expected under the Investment Business Act
Persons who must comply with the requirements of the amended Investment Business Act 2003 should consider progressing their application and related supporting materials sooner rather than later.
The Edinburgh Reforms: An Offshore Perspective
On 9 December 2022, the UK Chancellor of the Exchequer announced a package of reforms to the UK financial services sector, known as the “Edinburgh Reforms”.
Establishing insurance companies in Guernsey
Guernsey offers a range of structuring options for insurance companies, depending on their requirements, which include limited companies, protected cell companies (PCCs) and incorporated cell companies (ICCs).
Artemis Q4 2022 Catastrophe Bond and ILS Market Report
Fresh capital will enter the insurance linked securities (ILS) market, but while catastrophe bond deals successfully closed for year-end, others failed to complete, suggesting there’s no rush to enter the space, according to Brad Adderley, Bermuda Managing Partner.
Guernsey pioneered the introduction of the protected cell company (PCC) in 1997. Nearly a decade later in 2006, Guernsey introduced a second type of cell company, the incorporated cell company (ICC), to further enhance the innovation. Here is Appleby's guide to cell companies in Guernsey.
Guide to companies in Guernsey
An overview as to the types of companies available in Guernsey, the requirements for incorporation, details on taxation and relevant on-going requirements under the Companies (Guernsey) Law, 2008 (Law).
Non-Fungible Tokens: Guidance notes issued in Mauritius
The Financial Services Commission (FSC) continues to propel its Fintech sector with a view to strengthen its regulatory framework to enable safe and secure virtual asset transaction and in this pursuit, the FSC took a further step by clarifying its regulatory stance with respect to Non-Fungible Tokens (NFTs).
