AIFMD update — British Virgin Islands
The Financial Services Commission of the British Virgin Islands (BVI) has announced that it has entered into co-operation arrangements with the securities regulators of 25 European countries. This is welcome news as it means BVI funds can continue to be marketed to professional investors in these countries under national private placement regimes after 22 July 2013 — the date the European Alternative Investment Fund Managers Directive (AIFMD) is transposed into national laws of EU member states…
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News from Conyers Dill & Pearman
Briefings from Conyers Dill & Pearman
De-registration of Cayman Islands exempted limited partnerships being continued in a foreign jurisdiction
This memorandum has been prepared for those who are considering the process of de-registering a Cayman Islands exempted limited partnership to a foreign jurisdiction.
The Trusts (Special Provisions) Amendment Act 2014 provides certainty regarding how far settlors can go without calling the validity of the trust structure into question.