ICR: US Court and Cayman Islands Court: Sharing Jurisdiction in the Interests of Comity

What are the main corporate structures used to set up a retail fund? How are they formed?

What legal framework governs cryptoassets? Is there specific legislation governing cryptoassets and businesses transacting with cryptoassets?

We look briefly at how an application can be made to the court in the British Virgin Islands (BVI) to restore a BVI company to the Register of Companies (Register), and aims to provide some practical insight into the restoration process.

Cayman Islands introduced The Virtual Assets (Service Providers Act) (“VASP Act”) to align with the standards and recommendations set out by the Financial Action Task Force relating to the AML/CFT supervision of virtual asset services providers (“VASPs”).