Big fish for fat cats

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Latest Briefings

Guernsey introduces revised Handbook on countering financial crime and terrorist financing

On 12 November 2018 the Guernsey Financial Services Commission (GFSC) issued a revised Handbook on Countering Financial Crime and Terrorist Financing (the Handbook). Put simply, the Handbook is a statement of the standards expected by the GFSC of all ‘Specified Businesses’ in the Bailiwick. The Handbook now applies to both financial services businesses and prescribed […]

Comparison of Laws in Bermuda, the Cayman Islands and the British Virgin Islands Relating to Limited Partnerships

This publication has been prepared for the assistance of those who are considering the formation of an exempted (or international) limited partnership in an offshore jurisdiction such as Bermuda, the Cayman Islands (“Cayman”) or the British Virgin Islands (“B.V.I.”) for the conduct of business outside such jurisdiction. This publication touches on, but does not deal […]

Cayman Islands Exempted Companies

This publication has been prepared for the assistance of those who are considering the formation of companies in the Cayman Islands (“Cayman”). It deals in broad terms with the requirements of Cayman law for the establishment and operation of such entities. It is not intended to be exhaustive but merely to provide brief details and […]

Guide to Establishing Hedge Funds in the Cayman Islands

The Cayman Islands is a world leader in the establishment of offshore hedge funds. Its tax-neutral platform, stable economy, sophisticated banking sector, confidentiality and professional financial service industry are just some of the reasons the location is attractive to hedge fund managers the world over. To help fund managers decide whether the Cayman Islands is […]

Directors Registration and Licensing in the Cayman Islands

This publication has been prepared for the assistance of proposed directors of Cayman Islands mutual funds and certain Cayman Islands securities investment business companies. It deals in broad terms with the requirements of Cayman Islands Law and is not intended to be exhaustive but merely to provide brief details and information which we hope will […]

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Gleiss ceiling

Gleiss Lutz emerges from the sluggish German market as the top domestic performer, but the international firms still lead the way. Husnara Begum and Helen Power report The leading domestic German firms posted marginal increases in turnover for 2004 after a year of difficult market conditions. But Herbert Smith’s German alliance partner Gleiss Lutz bucked […]

The work-life quiz

Stephen McNulty, head of commercial property, Burgess Salmon What was your first ever job? Assistant on a ‘Test Your Weight’ machine at Southport fair. What was your worst experience as a trainee? Mistaking the shredder for a photocopier and destroying a root settlement deed. Where’s the best place to go if you want to find […]

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Richard Barnett, senior partner of Southport conveyancing firm Barnetts, has been appointed as a director on the board of Pisces (property information systems common exchange standard). He is already chairman of Pisces’ lenders’ conveyancing workgroup. Pisces is an electronic data exchange standard designed for the UK property market that aims to ease information transfers between […]

Linklaters wastes no time in merging with Japanese firm

Linklaters launched Japan’s first fully merged law firm last Friday (1 April), taking advantage of the recent regulatory changes that opened the door to integrated partnerships between Japanese and foreign lawyers. The move followed the appointment last year of two name partners, Mitsuhiro Yasuda and Akihiro Wani, and 20 associates from leading domestic banking firm […]

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