Asia — AIFMD: what does it mean for you and the future of offshore funds?
The Alternative Investment Fund Managers Directive (AIFMD) is a framework to govern the alternative asset management industry in the European Economic Area (EEA). AIFMD is intended to increase investor protection and regulate alternative investment fund managers (AIFMs).
AIFMs comprise fund managers conducting the portfolio and/or risk management of alternative investment funds (AIFs).
AIFs include open- or closed-ended collective investments of any class: hedge, private equity, venture capital, real estate and infrastructure…
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What is the role of the Royal Court of Jersey in trustee applications for directions regarding disclosure of trust information?
A recent application has raised the issue of the function of the court, namely whether the court was exercising its own discretion in supervising, and intervening, in the administration of a trust.
Royal Court clarifies limits of customary law exception in respect of time-barred breach-of-trust claims brought by incoming trustee
Where a newly incorporated PTC recently appointed as successor trustee seeks to bring claims for breach of trust against predecessors, it will not be able to benefit from empêchement d’agir.