Corporate governance during Covid-19 – offshore

This article looks at the appointment of alternate directors as a strategy to help manage some of the practical issues arising from COVID-19 measures. It also looks at the use of delegation tools to ensure the smooth conduct of business.

Related briefings

Covid-19 – charity AGM restrictions in the Isle of Man

The COVID-19 pandemic and associated restrictions place unprecedented difficulties on Isle of Man registered charities holding their Annual General Meeting (AGM). Due to the recent implementation of measures regarding social distancing, isolation and restrictions on travel and movement, the logistics of a charity holding an AGM in the usual manner is not possible. The Isle of Man Attorney General has issued some guidance to assist Manx charities over the coming months.

Covid-19 – commercial property guidance in Jersey

The Minister for Economic Development, Tourism, Sport and Culture has published Guidance relating, principally, to rent and other payments to be followed by Landlords and Tenants of Commercial Property during the COVID-19 Period. The Guidance applies to any lease, tenancy, or other agreement which provides for the occupation of commercial property.

Covid-19: Temporary amendment of residential tenancy legislation in Jersey

As part of a raft of new legislation to address the far-reaching impact on society of the Covid-19 outbreak, the States of Jersey have enacted the COVID-19 (Residential Tenancy) (Temporary Amendment of Law) (Jersey) Regulations 2020. The Regulations, which apply to all residential tenancies, came into force on 10 April 2020 and the measures introduced […]

Latest Briefings

Channel Islands employment law update – July 2020

Jersey Tribunal rules HR advisers not protected by legal privilege The Jersey Employment Tribunal (the Tribunal) in David Slater v Consolidated Minerals[1] sought to consider an interesting question concerning discovery: whether HR consultants are protected by legal advice privilege, given their status as non-legally qualified advisers. In the context of a constructive unfair dismissal claim, […]

Borrowers experience speed bump in road to compliance – expanded scope of Cayman private funds law

By now most fund finance professionals would likely choose an afternoon in the dentist’s chair over a discussion about the Cayman Islands Private Funds Law, 2020. Borrowers unfortunately experienced a speed bump in the road to compliance this week with the introduction by the Cayman Islands Government of an amendment to the PF Law which significantly increases the number of entities which will need to register with the Cayman Islands Monetary Authority (CIMA) by 7 August 2020.

What are the benefits of employee engagement?

By Chris Shenton Reading Time: 5 minutes Employee engagement is the central topic here at Weekly10. Whether we’re talking about the latest employee engagement strategies, how to improve employee engagement or simply what exactly employee engagement is, it’s fair to say it is always a focus for us. Yet, we still often get asked the […]

BVI economic substance requirements 2020 update

The framework that the British Virgin Islands (“BVI”) government has created to enable BVI ‘legal entities’ to report prescribed economic substance information’ is now operational. New reporting and (in some cases) economic substance requirements now apply for BVI ‘legal entities’ that conduct certain defined ‘relevant activities’ under the Economic Substance (Companies and Limited Partnerships) Act, 2018 and the Rules on Economic Substance (together the “Economic Substance regime”).

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