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Introduction
As multinational companies expand, their corporate structures grow larger and more complex, many legal departments struggle to ascertain that all of their legal entities comply with local company laws and their day-to-day responsibilities with their goal to pursue critical, high-value initiatives.
Our experienced team draws on its deep knowledge and experience in the complementary areas of law, fund governance, corporate administration, regulatory advisory services, and dispute resolution. Our services are structured to drive efficiency, risk reduction and cost transparency to your entity compliance and governance program by providing governance advisory, health checks, annual compliance, and event-driven changes support etc.
Our expertise includes advising on:
- Board support service (e.g. for economic substance compliance and regulatory compliance)
- Directorship
- Economic Substance
- Competition Law
- GDPR / Data protection
- Captive Insurance licenses
- VASP licenses
- Securities Investment Business licences
News and Insights
Private Funds in the Cayman Islands
This article will provide a general overview of the steps involved in the formation and running of a closed-ended investment fund in the Cayman Islands pursuant to the Private Funds Act (As Revised) (the “Act”). Whilst there are no statutory requirements as to the type of legal entity…
The Cayman Islands Implements Crypto-Asset Reporting Framework
The Common Reporting Standard (“CRS”) which was published by The Organisation for Economic Co-operation and Development (“OECD”) is intended to, among other things, improve international tax transparency. The CRS achieves this objective by, among other things, requiring committed jurisdictions to obtain information on offshore accounts held with “Financial…
Cayman Islands Common Reporting Standard (“CRS”) – Amendment Regulations Published and New Obligations from 1 January 2026
The Tax Information Authority (International Tax Compliance) (Common Reporting Standard) (Amendment) Regulations, 2025, (the “Amendment Regulations”) were published in the Cayman Islands Gazette which, upon coming into force on 1 January 2026
BVI: Conversion of Incubator Funds and Approved Funds and ongoing requirements
Among the many investment fund structures provided by the Financial Services Commission (“FSC”) of the British Virgin Islands (“BVI”) under the Securities and Investment Business Act (As Revised) of the BVI, Approved Funds and Incubator Funds have for a number of years been very attractive options for Start-up…
What are the key laws and rules that govern Cayman Islands’ investment funds?
The Mutual Funds Act (for open-ended funds) and the Private Funds Act (for closed-ended funds) are the two main statutes relevant to the regulation of investment funds in the Cayman Islands. The Cayman Islands Monetary Authority (“CIMA”) is the regulatory body responsible for compliance with these laws and…
Beneficial Ownership requirements in the British Virgin Islands: Registration and “legitimate interest” access
The registration of beneficial ownership information in respect of British Virgin Islands (the “BVI”) companies and the potential for that information to be disclosed subsequently has long been the subject of speculation and understandable concern by owners of companies and other relevant entities in the BVI.
Cryptoasset trading in Cayman Islands
What rules and restrictions govern the exchange of fiat currency and cryptoassets? Assuming the subject cryptoassets fall within the definition of virtual assets under the Virtual Asset (Service Providers) Act (As Revised) (VASP Act), the exchange of fiat currency and cryptoassets will likely constitute a virtual asset service…
First-step analysis: cryptoasset trading in Cayman Islands
Explore essential regulations and guidelines for cryptoasset trading in the Cayman Islands, including licensing, AML/KYC requirements, and compliance for exchanges, custodians, and broker-dealers under the VASP and SIBA Acts.
Loeb Smith Attorneys Advises Alpha Technology Group Limited and Lion Group Holding Ltd in their Share Capital Restructuring
Hong Kong (January 9, 2025) Loeb Smith Attorneys, one of the leading offshore corporate law firms with a strong growing presence in the APAC region, has recently advised Alpha Technology Group Limited (Nasdaq: ATGL), a British Virgin Islands company, and Lion Group Holding Ltd (Nasdaq: LGHL), a Cayman…
Cayman Islands: The need to focus on Corporate Governance
Corporate governance in the Cayman Islands primarily follows international standards and best practices, influenced by various factors including legal frameworks, regulatory bodies like the Cayman Islands Monetary Authority (“CIMA”), and market expectations.
