Regulatory Advice

The offshore market by its very nature, represents a unique and evolving regulatory environment, and one that can be high profile if you get things wrong.

That’s why we have a global network of experts on hand to advise clients who want the burden of understanding each offshore jurisdiction’s regulatory frameworks and requirements, off their desks. They want the reassurance that we can give by fielding not only the world’s largest offshore regulatory and compliance team, but also a group of individuals who have first hand knowledge of the local regulation because they helped shape it. In addition, as clients expect from Appleby, our lawyers are skilled at being able to put technical regulatory information and decision-making in a commercial context, and they know that we can assemble the team to deliver an international service, quickly and seamlessly.

Our team covers all key areas of business and financial services regulation in the major offshore jurisdictions, including uniquely, all three of the Crown Dependencies. Our reach means that we can provide tailored advice specific to the needs of a business and its operations.

Our regulatory disputes practice handles all aspects of this increasingly contentious environment, and our team of highly-experienced experts can assist with regulatory investigations across business sectors and across national borders. We have a global network of first-class advisers on hand as part of our offshore regulatory and compliance team, ready to help clients not only in their interactions with the regulators, but also in dealing with exposure to civil, criminal and administrative sanctions should they arise.

We regularly advise clients including financial institutions, global corporations, professional and public bodies on a wide range of regulatory issues including:

  • Anti-Money Laundering
  • Anti-Bribery & Corruption
  • Competition Law
  • Data Protection
  • e-gaming
  • Financial services regulation
  • New Business Activities
  • Regulatory Training
  • Risk Management & Compliance
  • Sanctions & Export Controls
  • Telecommunications regulation

We believe that an informed client is an empowered client. As such we deliver regular updates to our clients and industry on proposed or implemented amendments to statutes and regulations and more importantly, how they can impact client business.

Bermuda

Bermuda continues to be recognised across the world as a well established and regulated offshore centre offering innovative financial services products, primarily in the fields of insurance, funds, banking, as well as providing corporate services to global blue chip organisations. Appleby’s regulatory group in Bermuda is a team of specialist partners and lawyers who focus on advising clients on Bermuda’s regulatory and compliance environment. Appleby’s experience covers all key areas of business and financial services regulation, as well as the international and treaty obligations which affect those businesses.

On top of this, with a network of ten offices across the globe, our multi-jurisdictional reach means that we can also provide tailored advice specific to your business and its operations elsewhere in the offshore world.

We provide advice to local and international businesses on the management of the legal and commercial matters often associated with regulatory and legislative issues. Our regulatory specialists cover the full range of financial services, including advice on:

  • Other Financial Regulation
  • Trustee Companies
  • Corporate Services
  • Telecommunications
  • Listing Regulations (BSX)
  • Immigration
  • Employment
  • Real Estate
  • Anti-Money Laundering
  • Anti-Terrorist Financing
  • Exchange Control
  • International Sanctions/Treaty Obligations
  • Export/Import

BVI

Appleby’s regulatory team in the British Virgin Islands (“BVI”) specialises in undertaking complex financial services regulatory work for banks, insurers, trust companies, mutual funds, investment managers or advisers, brokers and dealers, corporate services providers, insurance managers and other financial services institutions regulated in the BVI or working with BVI investment vehicles.

The team provides active advice to local and international businesses on the management of the legal, commercial and reputational risks often associated with regulatory and legislative issues. Our regulatory specialist lawyers cover a diverse range of financial services regulatory matters, including advising on:

  • Setting up and recognition of open-ended funds and other collective investment schemes
  • Banks and Trust Companies Law
  • Insurance Law; and
  • Securities and Investment Business Legislation in relation to matters of regulatory compliance including assisting and advising on applications for securities and investment business licences, approved investment manager licences, banking licences, insurance licenses (as well as amending or cancelling existing licences or dealing with on-going compliance)
  • Anti-Money Laundering
  • Anti-Bribery & Corruption
  • Competition Law
  • Data Protection
  • e-gaming
  • New Business Activities
  • Regulatory Training
  • Risk Management & Compliance
  • Telecommunications regulation

Our blend of extensive experience and unique insight ensures that the advice we provide is highly commercial and practical, and encompasses the full range of offshore regulatory issues and problems that may arise from within the financial services arena.

Cayman Islands

Appleby’s regulatory team in Cayman specialises in complex financial services regulatory work for banks, insurers, trust companies, mutual fund administrators, company managers, corporate services providers, insurance managers and other financial services institutions regulated in the Cayman Islands.

The team provides advice to local and international businesses on the management of the legal, commercial and reputational risks often associated with regulatory and legislative issues. Our regulatory specialists cover the full range of financial services matters, including advice on:

  • Mutual Funds Law
  • Banks and Trust Companies Law
  • Insurance Law;
  • Monetary Authority Law
  • Companies Management Law
  • Securities Investment Business Law

We also advise regulated financial institutions on the regulatory implications and reporting requirements in relation to mergers, acquisitions and reorganisations, as well as interpretation and application of statements of principle and guidance which are issued by the Cayman Islands Monetary Authority.

The expertise is not however, limited to specialist support for financial services related operations. Many local businesses are subject to special regulation on which our team is equipped to give advice. This includes advising on licences granted by or regulatory matters involving:

  • Information and Communication Technology Authority
  • Electricity Regulatory Authority
  • Civil Aviation Authority
  • Maritime Authority
  • Special Economic Zones Authority
  • Land Surveyors Board
  • Health Practice Commission
  • Liquor Licensing Board

Our blend of extensive experience and unique insight ensures that the advice we provide is highly commercial and practical and encompasses the full range of offshore regulatory issues and problems that arise for financial service providers, regulators and governments.

Guernsey

Guernsey continues to be recognised across the world as a well regulated, high quality financial centre offering innovative financial services products, primarily in the fields of banking, funds, insurance and pensions and corporate services to global blue chip organisations.

Appleby’s regulatory group is a core team of specialist partners and senior associates who focus on regulatory and compliance issues.

Our experts have the skills and experience to help your business manage the legal, commercial and reputational risks often associated with regulatory and legislative issues.

Appleby’s experience covers all key areas of business and financial services regulation. With ten offices across the globe, our multi-jurisdictional reach allows us to provide tailored advice specific to your business and its operations.

We regularly provide advice on matters such as:

  • Anti-Money Laundering
  • Civil and Criminal Fraud Investigations and Prosecutions
  • Competition Law
  • Data Protection
  • E-gaming
  • Intellectual property
  • Financial Services
  • Investigations and Prosecutions
  • GFSC Investigations
  • Risk Management and Compliance

Our clients include leading businesses and global financial institutions, professional bodies, governments and international organisations, as well as individuals from the business community and public bodies

Isle of Man

The Isle of Man continues to be recognised across the world as a well regulated, high quality financial centre offering innovative financial services products, primarily in the fields of banking, funds, insurance and pensions and corporate services to global blue chip organisations.

Appleby’s regulatory group is a core team of specialist partners and senior associates who focus on regulatory and compliance issues.

Our experts have the skills and experience to help your business manage the legal, commercial and reputational risks often associated with regulatory and legislative issues.

Appleby’s experience covers all key areas of business and financial services regulation. With ten offices across the globe, our multi-jurisdictional reach allows us to provide tailored advice specific to your business and its operations.

We regularly provide advice on matters such as:

  • Anti-Money Laundering
  • Data Protection
  • Banking, e-gaming and telecommunications
  • Anti-Bribery & Corruption
  • New Business Activities
  • Regulatory Training
  • Risk Management & Compliance
  • Sanctions & Export Controls
  • Competition Law

Our clients include leading businesses and global financial institutions, professional bodies, governments and international organisations, as well as individuals from the business community and public bodies. Our lawyers have experience in the drafting of Anti-Money Laudering legislation and other regulatory areas.

Jersey

Jersey continues to be recognised across the world as a well regulated, high quality financial centre offering innovative financial services products, primarily in the fields of banking, funds, insurance and pensions and corporate services to global blue chip organisations.

Appleby’s regulatory group is a core team of specialist partners and senior associates who focus on regulatory and compliance issues.

Our experts have the skills and experience to help your business manage the legal, commercial and reputational risks often associated with regulatory and legislative issues.

Appleby’s experience covers all key areas of business and financial services regulation. With ten offices across the globe, our multi-jurisdictional reach allows us to provide tailored advice specific to your business and its operations.

We regularly provide advice on matters such as:

  • Anti-Money Laundering
  • Civil and Criminal Fraud Investigations and Prosecutions
  • Competition Law
  • Data Protection
  • E-gaming and Gambling
  • Financial Services
  • Investigations and Prosecutions
  • JFSC Investigations
  • Risk Management and Compliance

Our clients include leading businesses and global financial institutions, professional bodies, governments and international organisations, as well as individuals from the business community and public bodies

Mauritius & Seychelles

Appleby’s regulatory teams in Mauritius and in the Seychelles specialise in undertaking complex financial services regulatory work for banks, insurers, trust companies, collective investments Schemes, fund administrators, company managers, corporate services providers, insurance managers and other financial services institutions regulated in Mauritius and/or the Seychelles.

The teams provide active advice to local and international businesses on the management of the legal, commercial and reputational risks often associated with regulatory and legislative issues. Our regulatory specialist lawyers cover a diverse range of financial services regulatory matters, including advising on:

  • Collective investments Schemes
  • Banks
  • Insurance Law; and
  • Regulations in relation to matters of regulatory compliance including assisting and advising on applications for banking licences, securities investment business licences (and exemptions) and insurance licenses (as well as amending or cancelling existing licences)
  • Anti-Money Laundering
  • Anti-Bribery & Corruption
  • Competition Law
  • Data Protection
  • e-gaming
  • Financial services regulation
  • New Business Activities
  • Regulatory Training
  • Risk Management & Compliance
  • Telecommunications regulation

Our aim across our international network of offices is to combine first class local expertise with the ability to provide a cross-border team that can manage complex multi-jurisdictional projects. Our blend of extensive experience and unique insight ensures that the advice we provide is highly commercial and practical and encompasses the full range of offshore regulatory issues and problems that arise for financial service providers, regulators and governments.