An exempted company limited by shares (a "Company") is the most commonly used type of Bermuda legal entity for international transactions.
Public bodies must strike a balance when discharging their international obligations in the mutual exchange of information by ensuring that procedural fairness safeguards for BVI persons are observed in the performance of those obligations.
The BVI Business Companies Act 2004 (the "Business Companies Act") imposes continuing obligations on all business companies. The main requirements of the Business Companies Act are summarised below.
The BVI Financial Services Commission (the "FSC") Approved Investment Manager Guidelines (the "Guidelines") came into effect on 10 December 2012.
A reference to the "perfect arbitration clause" is always likely to be a little controversial.
The British Virgin Islands has long been hailed as a leading offshore jurisdiction for wealth management and asset protection amongst Latin American high net worth families and individuals.
Although not yet in force (see below), the Cayman Islands has introduced a series of laws and regulations1 which will require all Cayman Islands companies and limited liability companies...
In July 2016 the European Securities and Markets Authority (ESMA) issued further advice relating to extending the European Alternative Investment Fund Managers Directive (AIFMD) marketing passport...
Maples and Calder
The Department for International Tax Cooperation has made certain important announcements with respect to Cayman Islands Financial Institutions complying with their Automatic Exchange of Information obligations.
Christopher Jones is a partner in Ogier's Guernsey banking and finance team.
The role of protector is generally a product of the offshore world, largely originating from the desire to assuage settlors' fears about retaining some element of control over assets...
The numbers speak for themselves – the net asset value of funds under management and administration in Guernsey grew by 12.5% in 2016...
Ogier has acted as Cayman counsel on an innovative perpetual securities issue by Lenovo Group, the world's biggest seller of personal computers.
The Sukuk is the Islamic equivalent of a conventional bond, which has been designed to be Shari'ah compliant in terms of its origination and subsequent trading.
Ten years ago you probably didn't have a big online presence. Now, it's a fair bet that you have email, social media accounts, cloud-stored images, books, video and music, and possibly even online gambling accounts, Bitcoin and computer games.
For the first time in around 40 years, Jersey's Viscount looks likely to be recognised by the English High Court to administer a major cross-border insolvency case.
In a world of anti-BEPS initiatives and EU anti-tax avoidance measures, the international tax scene is rapidly changing.
The Limited Liability Partnership Act 2016 (the "LLP Act") came into force in Mauritius on 3 January 2017 and introduces a new corporate structure in Mauritius; the Limited Liability Partnership (commonly known as LLP).
Mauritius was once celebrated as the "star and key of the Indian Ocean" for its strategic position on the maritime spice route.
A decade has passed since its inception, and there hasn't been a more sensible time to invest in the UK-REIT, says group partner Craig Cordle.