This chapter will explore aspects of private trust companies, but as necessary background will first address formation of, and the various ownership structures employed for
Bermuda is a world-renowned centre for international business.
British Virgin Islands
Security over the shares in a BVI company may be granted either by way of a mortgage or charge pursuant to the provisions of the BVI Business Companies Act (the "Act").
Security over the shares in a British Virgin Islands (BVI) company may be granted either by way of a mortgage or charge...
Banking & Finance teams have put together a practical list of issues to consider for lenders and borrowers in respect of acquisition financing for transactions involving a Jersey or Guernsey company
Michael Kyprianou Advocates & Legal Consultants
In an attempt to encourage business people to set up their headquarters in Cyprus the government authorities at present are promoting a policy with certain legal requirements that...
A.G. Erotocritou LLC
A company may, for a variety of reasons, choose to remove a director from office. In this respect, due consideration should be given to what statutory or constitutional devices are available for...
Like other offshore jurisdictions, Guernsey introduced economic substance requirements at the beginning of last year in order to address concerns by the EU Code of Conduct Group on Business Taxation.
This briefing note provides an outline of the processes and requirements to migrate an overseas company into Guernsey.
Following extensive consultation with industry, in February 2020 the Guernsey Financial Services Commission (GFSC) issued its final rules and guidance under the...
On 19 June 2020, the SFC commenced proceedings in the Market Misconduct Tribunal against Tianhe Chemicals Group Limited and its executive director, Wei Xuan, under section 277 of the Securities and Futures Ordinance ...
The SFC has prioritized listed company malfeasance for enforcement action. As a result, listed companies and their directors will come under increasing scrutiny as to how they manage material non-public price sensitive information.
Directors of Hong Kong companies operate in an environment of personal liability – a liability that is brought into sharp focus where companies face financial difficulties or even insolvency.
A new law was approved by the Luxembourg parliament on 25 November 2020 (the Law), which aims to maintain flexible governance measures.
Jersey Listed Funds must comply with the Jersey Listed Fund Guide (the "LF Guide").
In the current economic environment, directors will be fully focussed on avoiding any breach of their fiduciary duties, particularly if they are directors of companies experiencing or at risk of financial distress.
You are at the top of your organisation – how do you know you are doing a good job as a leader?
Maltese regulations binding Maltese companies to retain and disclose adequate, accurate and up-to-date information on their beneficial owners have been in place for almost three years.
United Arab Emirates
SCHLÜTER GRAF Legal Consultants
El 23 de noviembre de 2020, el gobierno de los Emiratos Árabes Unidos introdujo cambios sustanciales en la Ley Federal No. 2 de 2015 sobre Sociedades Comerciales.
Fichte & Co
On August 28, 2020, a new Cabinet Resolution came into effect, to regulate the procedures of a real beneficiary for corporate entities.