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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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Reed Smith entices Richards Butler HK to talk tie-ups

Reed Smith has secured a crucial meeting with Richards Butler Hong Kong, as the City firm’s hugely profitable arm considers its options. It is understood that a meeting between Reed Smith and the management from Richards Butler in London and Hong Kong is scheduled for the last week in April. As first revealed in The […]

Fox Williams shocked as founding partner resigns

Fox Williams‘ legendary founding partner Ronnie Fox is to leave the firm at the end of this month. The news, first revealed on www.thelawyer.com (13 April), has surprised many in the partnership and employment law field, where Fox has built up a solid reputation during his years in practice. The firm refused to give details […]

Former Capgemini counsel re-emerges in Barclays IT role

Barclays Bank has hired Capgemini’s former general counsel for the UK and Ireland Barry Wong to head its legal IT outsourcing and supplier team. Wong will work with Andrew Collier, Barclays’ head of IT, on IT outsourcing deals. Wong worked for Allen & Overy, Bristows and Norton Rose before joining IBM. At IBM he started […]

Tax presage

The newest resident in Vinson & Elkins’ swish City offices, American Jim Loftis, co-head of the firm’s international dispute resolution practice, boasts something none of his other US colleagues have got. And no, it’s not an all-things-Enron indemnity. It’s an understanding of cricket. “Oh yeah, I get cricket alright,” the big Texan drawled. “The way […]

Camerons partner joins Informa as first in-houser

Publisher Informa has appointed its first general counsel, picking CMS Cameron McKenna relationship partner John Burton. Publisher Informa has appointed its first general counsel, picking CMS Cameron McKenna relationship partner John Burton. Burton has been Informa’s key outside counsel for a number of years. He advised the company on its $1.4bn (£800m) acquisition of US conference organiser IIR in […]

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