法律快讯

Following the launch of the Base Erosion and Profit Shifting (“BEPS”) project in February 2013, the OECD and the G20 countries released a comprehensive Action Plan comprised of 15 measures1 in order to address efficient and effective implementation of BEPS and to support three (3) key pillars being…

As the conclusion of 2021 approaches, it is time for persons with Cayman Islands companies and/or limited partnerships to give some thought to whether or not they have Cayman entities which they are no longer using and wish to liquidate prior to the end of 2021 in order…

The Cayman Islands Monetary Authority (“CIMA”) recently re-emphasized that all persons carrying out relevant financial business (“Licensees and Registrants”) are expected and required to ensure that their Anti-Money Laundering Compliance Officers (“AMLCOs”), Money Laundering Reporting Officers (“MLROs”) and their Deputies (together, the “AML Officers”) are fully aware of…

The Cayman Islands Monetary Authority (“CIMA”) published the Statement of Principles for the Conduct of Virtual Asset Services earlier this year and this article aims to set out the Principles set out therein and their importance. The Statement of Principles has to be considered together with the Virtual…

Though the Covid-19 pandemic is continuing to take its toll on M&A markets worldwide, there are now clear signs that a recovery is underway. For example, although the number of M&A deals in Q1-Q3 2020 in Asia-Pacific (“APAC”) declined by 14% from 2019, deal value trends, on the…

Attached is the May 2021 publication of the Technical Brief for Investment Funds, a newsletter developed by the Loeb Smith Cayman Islands Investment Funds Technical Team. As regulatory compliance becomes increasingly a key focus for both Cayman investment funds and CIMA as regulator, this Technical Brief covers, among…

Cayman Islands exempted companies are widely utilized in structuring cross-border finance transactions. One of the key reasons for this is that the Cayman Islands provides a flexible and well-tested regime for secured financing transactions that is attractive to borrowers and lenders alike.

British Virgin Islands (“BVI”) business companies are widely utilized in structuring cross-border finance transactions. One of the key reasons for this is that the BVI provides a flexible and well-tested regime for secured financing transactions that is attractive to borrowers and lenders alike.