The Global - 2024 Q3 Review

Bermuda: Securing Regulatory Compliance

Regulatory compliance continues to be an area of significant development in Bermuda. While anti-money laundering (AML), anti-terrorist financing (ATF) and global financial sanctions have been in focus for some time, the regulatory compliance landscape has grown in recent years due to the implementation of economic substance requirements, the introduction of the Global Minimum Tax and the impending full implementation of Personal Information and Protection Act (PIPA).

John Wasty

2025 Blockchain Guide - British Virgin Islands

Appleby has authored the BVI of Chambers and Partners’ “Blockchain 2025” guide. The guide provides the latest legal information on the evolution of the blockchain market, the status and use of digital assets, smart contracts, blockchain regulation, the tax regime for digital assets, sustainability and ESG issues, and data privacy and protection.

Andrew Jowett, Daniel Mitchell, Patrick Gill

What Steps Should a Cayman Fund Take to Comply with the New Cayman Beneficial Ownership Regime?

All Cayman Islands funds (other than unit trusts) are required to identify “required particulars” in relation to their investors and provide those particulars to the Cayman Islands Ministry of Financial Services under the Beneficial Ownership Transparency Act (the Act). Once identified the required particulars must be kept up to date and can be made available to certain government agencies in the Cayman Islands and the United Kingdom but not, as yet, to the public. Our general briefing on the Cayman Beneficial Ownership Regime can be found here

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Matt Mulry, Sailaja Alla, Menelik Miller, Miriam Smyth, Maree Martin

Legalisation and Apostilles: What is the difference between legalisation and an apostille?

Both legalisation, consular legalisation and getting an apostille involve similar processes.

Lisa Upham

No Looking Back: Investor Held to Buyout at Current Value of Shares

In a case involving the improper exercise of compulsory redemption powers to dilute and disenfranchise a majority shareholder, the Cayman Islands Grand Court has held that a buyout order is an adequate alternative to winding up the company, and that the investor’s rejection of an early offer to purchase its shares at their fair value rendered it unfair to value the shares at a date earlier than the buyout order itself.

Andrew Jackson, Damon Booth

Guide to Fintech Law in the Isle of Man 2025

Appleby's guide to fintech law in the Isle of Man provides an overview of fintech laws and regulations in the jurisdiction – including the current fintech landscape, funding for fintech, regulation, other regulatory regimes/ non-financial regulation, and technology.

Claire Milne WS, Katherine Garrood

Types of Debt Securities listed on TISE in 2024

Find out more about The International Stock Exchange (TISE) as a leading European venue for listing Debt Securities offered to institutional and professional investors, with a market-leading position listing private equity debt, high yield bonds and securitisations.

Christophe Kalinauckas

Our Environment Our Responsibility

The judgment of the Judicial Committee of the Privy Council (JCPC) in the matter of Eco-Sud and two others (Respondents) v Minister of Environment, Solid Waste and Climate Change and another (Appellants) (Mauritius) is a significant boost for the environment in Mauritius and a wake up call for all those involved in real estate development, the licensing authorities, regulatory and/or adjudicating bodies on matters which affects the environment on our small island.

Yahia Nazroo

Overview of Regulated Activities under the Virtual Asset Service Providers Act of Seychelles

As part of our commitment to keeping you informed about the evolving regulatory landscape surrounding virtual assets, we would like to provide you with an update on the activities regulated under the Seychelles Virtual Asset Service Providers Act, 2024 (VASP Act) which came into force on 1 September 2024.

Malcolm Moller, Juliette Ally, Jyotika Kaushik