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Kennedys Law LLP
It is worth noting as a starting point that there is no requirement to appoint a protector. It has been suggested that the concept has been more popular in relation to offshore trusts because ...
Kennedys Law LLP
In this mini-series of articles, we explore the role of protectors insofar as the same can be identified in general terms, although it will, of course, always be necessary to have regard to the express terms of the trust instrument ...
Kennedys Law LLP
Ultimately, the protector's role in relation to any given trust will be determined with regard to the express terms of the trust instrument. The powers granted to a protector can be broadly categorised as "positive" powers and "veto" powers.
British Virgin Islands
Collas Crill
Once upon a time, half way across the world and well over a decade ago, I gave my first client presentation on the merits of the BVI for cross border structuring to a roomful...
Cayman Islands
Maples Group
On 22 March 2024, the Cayman Islands Ministry of Financial Services & Commerce issued a reminder notice to all Cayman Financial Institutions ("FIs") following...
Conyers
The Cayman Islands' position as a hub for the establishment of FinTech structures has been enhanced by the introduction in 2021 of the Virtual Asset (Service Providers) Act (VASP Act) as amended.
Harneys
On 28 February 2024, the Cayman Islands Ministry of Financial Services and Commerce is seeking feedback on proposed amendments to the Virtual Asset Service...
Conyers
プライベートファンド法(2021年改正)に於ける「プライベートファンド」で定義されるケイマン諸島の全事業体は、ケイマン諸島金融管理局
Cyprus
Highworth
As we step into the new year of 2024, it's essential for organizations and individuals alike to proactively plan and set financial goals.
Gibraltar
The Sovereign Group
Whether you represent a company looking for a tax efficient investment location or an international business seeking a strategic UK presence, Gibraltar offers a range of features and benefits for establishing a corporate entity.
ISOLAS
The Income Tax (Amendment) Act 2024 ("the Amending Act") was passed last week and establishes amendments to the Income Tax Act 2010 ("the Old Act"), in particular...
Hong Kong
Norton Rose Fulbright Hong Kong
In our EMEA regulatory insights series colleagues from our EMEA offices provide an update on some of the key regulatory issues they are seeing in their local market.
Jersey
Appleby
Jersey has long embraced corporate re-domiciliation, setting a standard for flexibility and adaptability in the international business arena.
Walkers
Despite the Trusts (Jersey) Law 1984 ("Trusts Law") expressly providing against the rule against perpetuities currently applying in Jersey...
Ogier
The Jersey Financial Services Commission has recognised the challenges faced by organisations it supervises in regard to resourcing control functions.
Malta
Finance Malta
On the 19 February 2024, the MFSA issued a consultation on a proposed "Conduct of Business Rulebook for Credit Institutions" (the "Conduct Rulebook")...
Finance Malta
As banks continue to navigate the complexities of a rapidly evolving digital landscape, the integration of AI technologies promises to redefine industry standards and elevate...
Finance Malta
The Malta Financial Services Authority ("MFSA") has released its Supervisory Priorities for 2024, outlining a change to an outcomes-based approach to supervision.
Finance Malta
On 26 February 2024, the Council of the European Union announced that it adopted the proposed Directive amending the Alternative Investment Fund Managers Directive...
Baker McKenzie
On 7 February 2024, the European Parliament voted the proposed Directive amending the Alternative Investment Fund Managers Directive (2011/61/EU) (AIFMD) and the UCITS Directive (2009/65/EC).
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