The Cayman Islands have moved forward in terms of peer reviews and AIFMD compliance.
OECD – Successful Compliance Ratings
The Global Forum of the Organisation for Economic Co-operation and Development met in Jakarta…more
The Republic of Cyprus issued new decrees pertaining to the relaxation of restrictive measures on 25 October 2013. Legal updates regarding these decrees, from Harneys' Cyprus Banking Group, are below.
On 8 August 2013, the Court of Appeal issued its ruling in the case of Microsoft Corporation v Vadem Ltd . The judgment at first blush appears quite definitive, that “BVI law does not permit double derivative…more
Below is a summary of recent cases out of the British Virgin Islands (BVI) Commercial Court, compiled by Harneys’ Litigation team.
Ruling on the use and status of ancillary relief proceedings and forum non conveniens…more
Key recent decisions in the BVI Commercial Court have shaped the applicability and enforcement of arbitration clauses and notably how they interface with BVI statutory remedies and liquidations.
Harneys take a look at the…more
Death and taxes, despite our best laid plans, are still with us. While trying to legally reduce your tax liability has become politically unacceptable and unfortunately, there is still not much we can do about death, there are…more
Harneys is advising clients that there are new regulations governing the use of restricted company names in the British Virgin Islands.
The BVI Financial Services Commission (FSC) recently added 46 names to the schedule…more
The Republic of Cyprus issued its latest decree pertaining to the relaxation of restrictive measures on 20 September. Below is a legal update regarding this decree from Harneys Cyprus.
Relaxation of Restrictive Measures…more
I OVERVIEW OF M&A ACTIVITY -
Despite signs of a stabilising economy, the Cayman Islands witnessed a 1 per cent decrease in new company registrations in 2012 compared to 2011; 8,971 new companies were incorporated compared…more
I GENERAL INTRODUCTION TO THE LEGAL FRAMEWORK FOR M&A -
Since Cyprus’s accession to the EU, the legislation regulating M&A activity in Cyprus has been closely aligned with Europe-wide practices.
Prior to Cyprus’s…more
I OVERVIEW OF M&A ACTIVITY -
British Virgin Islands (BVI) companies are employed in geographically diverse corporate structures, with the effect that challenging global economic conditions have continued to dampen the…more
The Republic of Cyprus issued new decrees on 2 August 2013 pertaining to the relaxation of restrictive measures. Legal updates regarding these decrees, from Harneys' Cyprus Banking Group, are below…more
In This Issue:
- Highlights of AIFM Law provisions
- Licensable AIFMs pursuant to the AIFM Law
- Cross-border management and marketing of AIFs (Passport)
- On 5 July 2013 Cyprus transposed the…more
The Ministry of Finance and the Central Bank of Cyprus announced on 30 July 2013 that the Bank of Cyprus (BoC) has been fully recapitalised by the overall conversion of 47,5% of uninsured deposits into shares in the bank, thus…more
Below is a summary of recent cases out of the British Virgin Islands (BVI) Commercial Court, compiled by Harneys’ Litigation team…more
This profile may constitute attorney advertising. Prior results do not guarantee a similar outcome. Any correspondence with this profile holder does not constitute a client/attorney relationship. Neither the content on this profile nor transmissions between you and the profile holder through this profile are intended to provide legal or other advice or to create an attorney-client relationship.