The Global - 2025 Q1 Review

Bermuda: Chambers Insurance & Reinsurance Guide 2025

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.

Brad Adderley, Matthew Carr, Max Tetlow, Cathryn Minors, Josephine Noddings

Fund Finance Laws and Regulations 2025 – BVI

The British Virgin Islands (BVI) fund finance market has seen continued growth during 2024, with increasing numbers of fund formations and general transactional activity. With a sophisticated commercial court for fast-track dispute resolution, international recognition as a well-regulated jurisdiction, a tax-neutral environment and competitive fees for incorporating, launching and maintaining investment funds, the BVI is one of the most popular offshore jurisdictions for fund formation.

Andrew Jowett

The Utility of the Share Premium Account in Cayman Islands Exempted Companies

Cayman Islands exempted companies are valued for their flexibility and ease of operation. A key component of their appeal lies in the nuanced treatment of share capital and, particularly, the strategic uses of the share premium account.

Simon Raftopoulos, Darryl Jago

Fund Finance Laws and Regulations 2025 – Guernsey

The Appleby Guernsey team provides comprehensive insight into legal trends and developments in the fund finance market.

Jeremy Berchem, Leona Maharaj

HKEx released Consultation Conclusions on Reduction of Minimum Spreads and New Corporate Governance Code

In December 2024, The Stock Exchange of Hong Kong Limited (the "Exchange") released two consultation conclusions (the "Consultation Conclusions") following two consultation papers (the "Consultation Papers") on the (i) Proposed Reduction of Minimum Spreads in the Hong Kong Securities Market; and (ii) the Review of the Corporate Governance Code and related Main Board and GEM Listing Rules aiming to (a) enhance market microstructure with a goal to improve market liquidity and global competitiveness of the Hong Kong market by facilitating bid-ask spread reduction and transaction costs savings; and (b) strike an appropriate balance between advancing good corporate governance practices in Hong Kong as an international financial centre and addressing the practical concerns of listed issuers.

Chris Cheng, Connie Wu

Technology and Innovation Guide – Isle of Man

As the pace of technological change accelerates, so too does the legal and regulatory landscape. The Appleby 2022 Offshore Technology and Innovation Guide provides a unique and detailed overview of the legal and regulatory position in the Isle of Man.

Capital Markets in Jersey: Regulatory Overview

Our Appleby Jersey use this Q&A to give an overviewof the main equity and debt market/exchanges and the main regulators and legislation that govern them

Christophe Kalinauckas

Is Cryptocurrency security - the Mauritian and USA perspectives?

As any of the emerging technologies, cryptocurrency has been disruptive to the market and has challenged regulators globally. Unsurprisingly, it has been commented that “a little more than a decade ago, cryptocurrencies were essentially an academic concept. The idea seemed far-fetched to most people. But that all changed in 2009 with the creation of Bitcoin …/… [today] the world’s cryptocurrency market is worth more than USD 3 trillion …/… there’s no question that crypto is here to stay, and it will undoubtedly continue to disrupt countless industries ”.

Sharmilla Bhima

Seychelles: Clarity on treatment of Virtual Asset based Contract of Differences

The Seychelles Financial Services Authority (the FSA) via Circular No. 3 of 2025 has provided much awaited clarity in respect of treatment of Contract for Differences (CFD) where the underlying asset is a Virtual Asset (VA) as defined under the Virtual Asset Service Providers Act, 2024 (VASP Act).

Malcolm Moller, Juliette Ally, Jyotika Kaushik