- Home
- Offshore
Offshore
7 November 2011
As globalisation gathers pace, this week’s Offshore Special Report has a cross-border focus. With a slew of negative reports about the use of offshore jurisdictions, lawyers point out that the offshore world relies heavily on flows of work from onshore markets and that onshore policymakers must also work to increase transparency and accountability.
The report looks at a number of sectors that are, quite literally, taking off at the moment. David Cooke and Jason Piney report from Bermuda on the resurgence in aviation finance, while Steven Quayle says registering aircraft in the Isle of Man is hugely beneficial.
Stephen Moverley Smith QC explains why a recent case in the Cayman Islands has implications for the offshore trust industry, and Cayman litigation is also under Anne Todd’s microscope as disputes over directors’ duties reach the courts.
From the Channel Islands, Jason Romer predicts that Guernsey’s new image rights law will give the jurisdiction an edge in attracting celebrities. Guernsey’s trust law is also under scrutiny by Robert Shepherd and Matthew Guthrie, while Nigel Pearmain and Chris Le Quesne review Jersey’s securities interest regime.
In other reports, Andrew Quinn and Mark Western argue the case for company structures straddling jurisdictions and Claire Milne says the Isle of Man is leading the way in clean technology.
Joanne Harris, special reports and Europe editor
Special Report
Runway success
Aircraft financing is taking off again. David Cooke and Jason Piney say Bermuda is well placed for a resurgence
Power play
A recent Privy Council ruling will give pause for thought over the inclusion of reserved powers in trusts, says Stephen Moverley Smith
The white stuff
With a raft of new legislation and a strict attitude towards tax evaders, Switzerland is shrugging off its secretive image, argues Paul Douglas
Open question
Trustees must keep abreast of developments in cross-border confidentiality disclosure requirements, say Robert Shepherd and Matthew Guthrie
Jet set, go
Steven Quayle and Mike Pinson explain the benefits the Isle of Man Aircraft Registry has for aircraft owners
Two’s company
Using two jurisdictions to set up a company can be advantageous, argue Andrew Quinn and Mark Western
Appleby brings Serle Court silk on board in Cayman
Serle Court silk Peter McMaster QC is joining offshore firm Appleby as a partner in the Cayman Islands.
Hands off
Anne Todd dissects two cases pertaining to directors of offshore funds involving fees and the delegation of responsibility
Board games
Independent directorships for hedge funds are in the spotlight as investors express concerns about governance.
Winning trusts
Case law concerning offshore trusts in matrimonial disputes can be tricky to navigate, necessitating trustees’ lawyers’ full attention.
Security measures
Nigel Pearmain and Chris Le Quesne review Jersey’s revised security interests regime
Choice locations
The economic climate has seen investors become more proactive in pinning down their centres of main interest.
Gib boom
Since the implementation of the Gibraltar Financial Services (Experienced Investor Fund) Act (2005), the territory’s Experienced Investor Fund (EIF) has proved a popular vehicle among the international investment management community.
Reputation matters
Injunctions in the Channel Islands might not involve celebrities, but that doesn’t mean there’s no drama involved.
Give thanks for the Manx
The Isle of Man’s ability to attract international investment and promote growth makes it a central plank in the UK’s recovery strategy. By Geoff Kermeen
Eastern time
Channel Islands-incorporated businesses will find all the expertise required to help them list on the Hong Kong Stock Exchange
Rock solid
A competitive rate of corporate tax and an investment manager-friendly environment is keeping Gibraltar at the cutting edge of EU jurisdictions. Joey Garcia highlights the benefits
All for nothing
Recent reassurances that Guernsey’s funds will be unaffected by changes to tax regulation cement the island’s position as a funds domicile of choice, argue Stuart Tyler and Jesse Owens
Cayman able
Alasdair Robertson and Tina Meigh look at the three big questions lenders should be asking with regard to custody of assets in Cayman vehicles
Latin love-in
It is estimated that more than 15,120 Latin Americans have an individual worth exceeding $30m (£19m), with their combined wealth amounting to at least $2.3tr.
