Related briefings

Ireland – The pandemic has changed the world – or has it?

There is no doubt that as a consequence of the pandemic, the way we work and live has changed. Our attitudes, our priorities – they have all shifted slightly. They say the days of people working in the office are over, commentators speak of people moving west to work remotely, of hotels being repurposed, of the retail experience fundamentally changing. So yes, the world has changed, but the hard truth is that the pandemic cannot change the world retrospectively. Meaning, if you agreed to something in 2018 you cannot necessarily get out of the agreement because in 2020, the rug was pulled out from under all of us.

Cayman Islands insurance regulatory update

The Cayman Islands Monetary Authority (CIMA) has issued a new Regulatory Policy on Licensing for Class B Insurers, effective immediately, which sets out CIMA’s expectations and licensing requirements for applicants of class B insurer’s licences.

Cayman Islands private funds act extension to filing deadline for audited accounts

Cayman Islands fund vehicles registered as private funds with the Cayman Islands Monetary Authority (CIMA) under the Private Funds Act are required to have their accounts audited annually by a CIMA-approved auditor and to submit the audited accounts, together with a fund annual return, each year to CIMA.

Latest Briefings

Terms and limitation clauses: will they be effective when you need them?

In the recent case of Balfour Beatty Regional Construction Ltd (BB) v Van Elle Ltd, the question before the Technology and Construction Court (TCC) was whether the sub-contract superseded any prior contractual relationship between the parties, or whether the sub-contract was subject to Van Elle’s standard terms and conditions.

New private investment funds in Guernsey

In December 2020, the Guernsey Financial Services Commission (Commission) published a consultation paper containing proposals to amend the rules in respect of Private Investment Fund (PIF) (the PIF Rules) to allow more investor categories to take advantage of an appropriately regulated fund structure.

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