Offshore Financial & Banking Lawyers

Supervision Rules for Internationally Active Insurance Groups being proposed by BMA

The Bermuda Monetary Authority (BMA) intends to implement new rules under a new Insurance (Internationally Active Group Supervision) Rules 2026 (Proposed Rules) to align Bermuda’s regulatory framework with international standards for Internationally Active Insurance Groups (IAIGs) set by the IAIS (of which Bermuda is a member).

Brad Adderley, Max Tetlow, George McCallum

2026 Guide to International Arbitration in the Cayman Islands

This guide provides the latest legal information on global arbitration practices and trends, including governing legislation, arbitral tribunals, challenges to jurisdiction, preliminary and interim relief, the collection and submission of evidence, confidentiality, available remedies, enforcement and review of awards, class actions, and third-party funding in the Cayman Islands.

Alan Bercow, Jae Shin

The Global - 2026 Q3 Review

The Global sees us share updates and insights from across our network of international offices on the latest legislative news, trends or developments impacting the corporate sector.

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Jerome Wilson, George McCallum, Karim Creary, Andrew Jowett, Patrick Gill

From E-Signatures to AI-Driven Contracts: How Mauritius is rewriting the Rules of Digital Transactions

The Electronic Transactions (Amendment) Act 2026 (Amendment Act) marks an important development in Mauritius’ digital legal framework. Its significance goes beyond the further recognition of electronic signatures. The amendments address a broader question: how should legal rules designed for paper-based commerce operate in an environment where transactions, records and increasingly contractual decisions are created, transmitted and stored electronically?

Malcolm Moller, Manisha Lallah

Police certificates become part of BMA vetting

Businesses seeking regulatory approval for directors, owners and senior personnel now need to account for an additional documentary requirement.

Jarion Richardson, Cathryn Minors

BVI Court of Appeal Clarifies Derivative Actions, Director Indemnities and Shadow Director Status

In Zvi Dekel v Clerkenwell Lifestyle Limited, the BVI Court of Appeal affirmed the refusal of leave to pursue derivative proceedings, confirming that the proposed claims lacked a realistic prospect of success and clarifying that shadow directors do not fall within the definition of "director" under the BVI Business Companies Act.

Andrew Willins, KC, Tamara Cameron

Podcast: AML Requirements for DABA Applications

In this episode of #TechTalks, the spotlight turns to one of the most important aspects of any Digital Asset Business Act (DABA) licence application: anti-money laundering compliance. George McCallum and Karim Creary, lawyers in Appleby’s #Bermuda Technology practice who specialise in advising on DABA licensing matters, are joined by Jarion Richardson, Appleby’s Regulatory, Governance & Compliance Advisory Lead and a highly experienced AML specialist, to offer an insightful look at Bermuda’s AML framework and the regulatory expectations facing prospective applicants.

George McCallum, Karim Creary, Jarion Richardson

Commingling of Risks: The New Flavour of the Cat Bond Market

As catastrophe bond sponsors grow more confident with the asset class, companies are increasingly combining different peril structures within individual transactions, all of which leads Brad Adderley, Managing Partner at law firm Appleby, to say that this commingling of risks is becoming the new flavour of the cat bond market.

Brad Adderley

When is a Party “Otherwise Unable to Present Its Case” Under the New York Convention?

Article V(1)(b) of the New York Convention permits a court to refuse recognition and enforcement of an arbitral award where the party against whom the award is invoked: “was not given proper notice of the appointment of the arbitrator or of the arbitration proceedings or was otherwise unable to present his case.” The provision is central to the legitimacy of international arbitration. It ensures that arbitral proceedings comply with minimum standards of procedural fairness, while recognising that arbitration is intended to be more flexible and less formal than litigation.

Sharmilla Bhima