Unravelling
Complexity

Insights

Unravelling Complexity

237 Results

Cyprus introduces a new fund vehicle: the Registered Alternative Investment Fund
Investment Funds

Cyprus introduces a new fund vehicle: the Registered Alternative Investment Fund

On 31 July 2018, the highly anticipated Alternative Investment Funds Law 2018 (New AIF Law) came into force, repealing the pre-existing regime. Among its key innovations, the New AIF Law introduces the Registered Alternative Investment Fund (RAIF).
BVI Legal Update - Autumn 2018
Investment Funds

BVI Legal Update - Autumn 2018

Over the last few months, the British Virgin Islands has introduced a number of innovative new and updated laws, enhancing the range of commercially attractive legal structures available in the jurisdiction. The next exciting chapter will be revealed on 1 October, when amendments to the BVI Business Companies Act (BCA) will come into force to expand the use of segregated portfolio companies (SPCs) beyond the funds and insurance sectors. This update looks at the expanded use of SPCs, the new Limited Partnership Act, the Micro Business Companies Act and amendments to the Anti-Money Laundering Code to allow electronic AML checks.
Getting the Deal Through: Cayman Islands Ship Finance
Shipping and aircraft

Getting the Deal Through: Cayman Islands Ship Finance

Partners Ellie Crespi and Nicole Pineda discuss registration of vessels, ship mortgages, tax considerations and more in the latest Cayman chapter of Getting the Deal Through: Ship Finance.
Termination and De-registration of Cayman Regulated Funds: Consider action now to reduce 2019 fees
Investment Funds

Termination and De-registration of Cayman Regulated Funds: Consider action now to reduce 2019 fees

Managers of Cayman Islands regulated funds who are reviewing whether to wind any funds down before the end of 2018 may want to act promptly to avoid or reduce the annual 2019 Cayman Islands Monetary Authority (CIMA) fees and related costs.
Estate Administration in the Cayman Islands
Private Wealth

Estate Administration in the Cayman Islands

A grant of probate or letters of administration will be necessary when a person dies and leaves Cayman Islands assets in their individual name, such as money in a bank account or shares in a Cayman Islands company. This legal guide summarises the process of obtaining a grant of probate or letters of administration in the Cayman Islands.
30 September Deadline to Appoint AML Officers For Existing Investment Entities
Investment Funds

30 September Deadline to Appoint AML Officers For Existing Investment Entities

Cayman Islands investment entities that are conducting relevant financial business (which includes investment funds and investment managers registered as excluded persons under the Securities Investment Business Law (SIB Law)) (Investment Entities) are reminded that they must appoint individuals at managerial level as their anti-money laundering compliance officer, money laundering reporting officer and deputy money laundering reporting officer (AML Officers) by 30 September 2018. These appointments are required following changes made to the Cayman Islands anti-money laundering (AML) regime earlier this year.