Bermuda’s FinTech triangle – Blockchain, ICOs and virtual currencies

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Cayman Islands: A contractual term solid as a Rock

In a review of a recent judgment of the United Kingdom Supreme Court, which overturned longstanding precedent on No Oral Modification clauses, partner Ben Hobden and associate Spencer Vickers of Conyers Dill & Pearman in the Cayman Islands and the decision will provide welcome certainty on contracts…

Digital asset business act marks a new chapter in Bermuda’s fintech revolution

By Chris Garrod Bermuda’s recently passed Digital Asset Business Act, 2018 (“DABA”) adds a new layer to the Island’s fintech transformation. The legislation, which is likely to come into force in September, covers the licensing of entities which will carry on digital asset business in or from Bermuda. It is completely separate from the new […]

Constant evolution maintains Cayman Islands fund leadership

By Gene DaCosta As the long-term offshore leader for the formation and domicile of hedge funds, and a hotbed of activity in the private equity market, the Cayman Islands has always been a trailblazer and a beacon for the efficient deployment of global capital. This reputation has endured over decades and remains as solid today, […]

Bermuda land title registration – Your questions answered

By Francesca Fox The Land Title Registration Act, 2011 (the “Act”), as recently amended, is likely to come into full effect in August. Bermuda landowners may have a number of questions concerning this legislation, which we aim to answer in this article…

Cayman Islands monetary authority issues guidance on anti-money laundering regulations

By Gene A. DaCosta and Maree Martin By Notice of 20 July 2018 the Cayman Islands Monetary Authority (“CIMA”) has responded to a number of frequently asked questions by confirming that all funds (regulated and unregulated) that conduct relevant financial business in or from within the Cayman Islands must appoint suitably qualified managerial level natural persons […]

Latest Briefings

Practical insight into Land Registration Act 2002 proposed amendments

By Erin Keating In April 2016, Walker Morris considered the Law Commission’s Consultation Paper which detailed proposed amendments to the Land Registration Act 2002 (the Act). Following an extensive review with industry professionals, a draft bill seeking to implement a wide range of amendments has now been placed before Parliament. Walker Morris’ Louise Power and Erin Keating […]

Jersey employers – brace yourself for extended maternity leave reforms

By Helen Ruelle, Laura Shirreffs Extended maternity and paternity leave provision comes into force from the start of next month and employers need to have updated handbooks, policies and contracts in time for the change. The new rights offer 26 weeks of leave to parents with no qualifying period, with six weeks paid at the employee’s usual full rate […]

New streamlined procedure for pre-application planning advice in Guernsey

By Claire Smith, Martyn Baudains Guernsey’s Development Control team has launched a new, more streamlined procedure for providing pre-application planning advice. The pre-application service, which is free of charge, provides advice and guidance prior to the submission of a planning application on all types of development such as exemptions queries, larger scale projects such as replacement dwellings and works to […]

Pension schemes – staying on the right side of new GDPR rules

By Ellie Taylor New data protection laws mean that employers and pension scheme Trustees need to have a formal agreement in place to swap personal data. The legal landscape for data protection laws in Europe changed significantly on 25 May 2018, when the General Data Protection Regulation (GDPR) came into force.  The running of pension schemes […]

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