Bermuda remains a preferred jurisdiction in which to establish and maintain trusts (and increasingly, family offices). Bermuda's Courts and regulatory regime carefully balance privacy with the objective of maintaining appropriate regulation to preserve Bermuda's stellar reputation as a premier international financial services jurisdiction. An important feature of Bermuda trust law is that it contains many provisions that can resolve problems or otherwise address concerns regarding the administration of trusts. This feature is supplemented by Bermuda’s Courts’ willingness to apply these provisions in a constructive manner...
Carey Olsen is a leading offshore law firm. We advise on Bermuda, British Virgin Islands, Cayman Islands, Guernsey and Jersey law across a global network of nine international offices. We are a full-service law firm working across banking and finance, corporate and M&A, investment funds and private equity, trusts and private wealth, dispute resolution, insolvency and property law. Our clients include global financial institutions, investment funds, private equity houses, multi-national corporations, public organizations, sovereign wealth funds, ultra-high net worth individuals, family offices, directors, trustees and private clients. We work alongside all of the major onshore law firms, accountancy firms and insolvency practitioners on corporate transactions and matters involving our jurisdictions.
Our advice is delivered by an approachable and experienced team of globally-minded lawyers who work in partnership with our clients to help them achieve their objectives. We have the expertise and resources to handle the most complex international transactions combined with a personal approach to business. In the face of opportunities or challenges, our clients know that the advice and guidance they receive from us will be based on a complete understanding of their goals and objectives combined with outstanding client service, technical excellence and commercial insight. Whether playing a lead or a supporting role, we always look at the bigger picture.
Areas of Practice
Purpose of the new legislation The new legislation is intended to achieve three objectives, to: promote accountability, integrity and public confidence in the administration and management of the charitable sector in Guernsey; meet international standards aimed at preventing the third sector from being abused for criminal purposes; and give comfort to donors that their donations will be used to achieve the purposes of the charity. Organisations within the scope of the legislation Not all apparently charitable organisations will fall within the scope of the legislation...
The awards recognise and celebrate the outstanding achievements of firms across the UK and offshore legal, tax, fiduciary and advisory professions over the past year. In total, the judging panel has shortlisted 28 firms across 11 award categories. Carey Olsen has previously enjoyed success at the awards, having won the Offshore Law Firm (multi-jurisdiction) category at the inaugural eprivateclient Excellence Awards in 2021. News of the shortlisting follows the firm's success at the recent Chambers Europe Awards, where it was named Offshore Law Firm of the Year...
Destaxa, which was founded in 2021, provides merchants with a solution to point of sale (POS) payment processing issues by offering access to all major payment schemes and acquirers through a single exchange-traded fund integration. Destaxa routes payments through the most cost-efficient rails, resulting in savings for merchants and a seamless reconciliation experience. The Carey Olsen team working alongside onshore counsel Cooley LLP comprised partner Alistair Russell and associate Emily Cornhill. The team advised on the Cayman law aspects of the seed funding round...