Hong Kong based Corporate partner, Fiona Chan, and Counsel, Vincent Chan, will be delivering an update on the latest legal and regulatory developments in Bermuda, the British Virgin Islands (BVI) and Cayman Islands at The Law Society of Singapore on Friday 8th November 2019.
The governments of Bermuda, BVI and the Cayman Islands have each passed legislation that require certain entities carrying out any 'relevant activity' to have economic substance in its jurisdiction. Fiona and Vincent will introduce the latest developments in respect of economic substance requirements in each of these jurisdictions and demonstrate how to assess the impact of and apply these laws and regulations for any in-scope entities.
Fiona Chan advises on a full spectrum of banking and finance, non-contentious insurance, technology and innovation, private client and trust matters relating to the laws of Bermuda, British Virgin Islands and Cayman Islands. She is also a member of Appleby´s Global Technology & Innovation Group and Economic Substance focus group.
Vincent Chan has over 12 years of offshore law experience in the areas of corporate and capital markets (with a strong focus on private and public offerings of debt and equity, public and private mergers and acquisitions, private equity and restructuring), banking and asset finance, as well as private client & trusts/ foundations.