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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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CC wins Paris court battle with associate

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Norton Rose pledges time to Free Representation Unit

Norton Rose‘s employment department is blazing a trail for employment representation charity the Free Representation Unit (FRU). The eight-strong Norton Rose team, which includes partners Paul Griffin and Pete Talibart, has agreed to a formal partnership with the FRU that will see each lawyer taking on a case apiece for the unit this year. The […]

Brachers awaits goat decision

South East firm Brachers is awaiting the outcome of a Court of Appeal hearing over allegedly negligent advice it gave to two goat farmers. In the High Court 12 months ago, Mr Justice Jack found Brachers negligent over advice to claimants Mr and Mrs Browning, who bought a goat farming business in the early 1990s. […]

Shearman promotes ten to partnership

Shearman & Sterling has promoted 10 lawyers to its all-equity partnership. The London office promoted one lawyer into the equity – UK-qualified capital markets expert Warden McKimm – while its New York base saw three lawyers made up in asset management, litigation and IP. The remaining six promotions comprise a project finance expert from Abu […]

Simmons wins Singer capital markets work

Simmons & Simmons has closed its first capital markets deal for niche bank Singer & Friedlander. The banking subsidiary of the Singer & Friedlander Group issued £250m of floating rate guaranteed notes on the London eurobond market this month. Singer & Friedlander has historically been advised by Slaughter and May on its own account work, […]

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