The Cayman Limited Liability Companies Law (`LLC Law') was formerly introduced on 8 July 2016 and is expected to be used for a broad range of structuring situations. From a US manager's perspective, the Cayman LLC might be seen as
In 2018, the National Private Placement Regime pathway to access European investors is scheduled to be phased out. But given that ESMA is yet to approve the next wave of jurisdictions to qualify for the AIFMD third country passport, this
Substance in the fund management sector, particularly in the context of the Alternative Investment Fund Managers Directive (AIFMD) and Base Erosion and Profit Shifting (BEPS) initiative, is of increasing importance, according to a Guernsey Finance white paper. Investment funds –
This week’s recommendation on extending the alternative investment marketing ‘passport’ to fund managers in up to 12 non-EU countries is an important step towards improving choice for investors, says Invest Europe. The European Securities and Markets Authority (ESMA) has presented its
Guernsey has extended market access to EU Alternative Investment Fund Managers (AIFMs) and Alternative Investment Funds (AIFs) doing business in Guernsey. The move follows the European Securities and Markets Authority (ESMA)’s advice to the European Council, the European Commission and
Elian has been granted an investment business licence by the Jersey Financial Services Commission (JFSC). Working with global financial-services company, SEI, Elian Capital Services is now able to offer an integrated investment management programme. Elian Capital Services, which is regulated
The Gibraltar Financial Services Commission (GFSC) is delighted to announce that it has signed a Memorandum of Understanding (MoU) with the British Virgin Islands Financial Services Commission on 13 July 2015. Under the terms of the MoU, the commissions agree
It's just one day now until London-based investment managers still trying to get their heads around the various machinations of the AIFMD, can get expert insight into the benefits of setting up an EU-regulated fund in Malta. On 11 June 2015, the Malta Business
The Government of the British Virgin Islands is pleased to announce that The British Virgin Islands (BVI) has been rated “Largely Compliant” for its approach to tax transparency and exchange of information, in the Supplementary Peer Review report published by
By Simon Schilder, partner, Ogier – In recognition of the needs of assisting start-up and small/ mid-sized non-institutional investment managers to overcome some of the continued barriers to entry into the industry, the British Virgin Islands (BVI) has recently published the
