Derivatives Lawyers & Advisory Services

Our experienced team advise on an extensive range of over the counter, exchange-traded and centrally cleared derivatives transactions across all asset classes. We also provide advice on capacity, authority, enforceability and insolvency matters in relation to offshore counterparties. We are also counsel to the International Swaps and Derivatives Association (ISDA) in Bermuda and provide netting opinions in Bermuda and the Isle of Man.

We advise our clients on a wide range of transactions that incorporate traditional and bespoke structured finance and derivative structures in complex ways relevant to today’s markets and regulatory environment. Our talented, experienced and solution driven team is committed to delivering the highest possible level of client service and regularly work together across our global locations to provide expert multi-jurisdictional advice.

We act as offshore counsel to financial institutions, prime brokers, funds and corporates on offshore netting, collateral and other issues relating to:

  • Credit derivatives
  • Equity derivatives
  • Fund derivatives
  • Commodity derivatives
  • Fixed Income derivatives
  • GMRA and GMSLA transactions
  • Repo and securities lending transactions
  • Prime brokerage structures
Our Experts
  • All
  • Mauritius (2)
  • Cayman Islands (1)
  • Guernsey (1)
  • Bermuda (1)
  • BVI (2)
  • Jersey (1)
  • Isle of Man (1)
  • Seychelles (1)
More news
Appleby-Website-Regulatory-Practice
10 Jul 2026

It’s healthy to sometimes disagree with regulators

At some point, almost every regulated business will disagree with its regulator.

Technology-and-Innovation
9 Jul 2026

Guide to Fintech Law in the Isle of Man 2026

Appleby's guide to fintech law in the Isle of Man provides an overview of fintech laws and regulations in the jurisdiction – including the current fintech landscape, funding for fintech, regulation, other regulatory regimes/ non-financial regulation, and technology.

Appleby-Website-Privacy-and-Data-Protection
8 Jul 2026

Bermuda Privacy Commissioner Signals Shift to Stronger PIPA Enforcement

The Office of the Privacy Commissioner (PrivCom) has issued its first annual report since Bermuda's Personal Information Protection Act 2016 (PIPA) came fully into force, with the reports content signaling a transition from education and implementation to a stronger focus on enforcement.

Appleby-Website-Corporate-Practice
8 Jul 2026

The Privy Council Provides Clarity to the Global Business Industry: Interest Exemptions Upheld in Mauritius

On 30 June 2026, the Judicial Committee of the Privy Council (JCPC) delivered a judgment impacting the domestic and global business sectors in Mauritius.

Appleby-Website-Regulatory-Practice
7 Jul 2026

CIMA’s 2026 Reinsurance Thematic Review: Focus Points for Boards

The Cayman Islands Monetary Authority (CIMA) has published its 2026 Thematic Review of Reinsurance Companies (Thematic Review). This reflects fieldwork conducted by CIMA between mid-2025 and Q1 2026 at selected Class B(iii) and Class D licensed reinsurers. The focus being on compliance with the Insurance Act (as revised) and other applicable legislation, regulations, rules and statements of guidance as issued by CIMA centering around stress-testing, cash flow testing frameworks, capital and collateral adequacy management, and corporate governance. Corporate governance weaknesses account for 68% of all findings with the remaining 32% spread across stress-testing, cash flow testing capital and collateral adequacy. Notwithstanding these findings, CIMA has noted several good practices across all areas including, importantly, comprehensive risk management frameworks covering key risk areas and strong capital and collateral adequacy monitoring processes. With Cayman’s reinsurance sector having grown to an institutional scale, and over 110 licensed reinsurers writing in the order of US$30 billion in annual premiums against over US$100 billion in assets, this latest Thematic Review demonstrates development in CIMA’s supervisory expectations of Cayman’s licensed reinsurers. It represents a reflection of the jurisdiction’s increasingly sophisticated and maturing reinsurance market and reinforces that CIMA’s expectations align closely with the standards that onshore counterparty cedants, rating agencies and US state regulators already expect. We take this opportunity to review certain of the key findings alongside CIMA’s cross-sectoral 2026 Thematic Review on Outsourcing, note some of the good practices highlighted by CIMA and make some associated recommendations for Cayman reinsurers.

Appleby-Website-Insurance-and-Reinsurance
1 Jul 2026

The long game: how Bermuda became the world’s life reinsurance capital

Ask a life insurer in New York, London or Tokyo where the liabilities behind their book ultimately sit and there is an increasingly good chance the answer is a 21-square-mile island in the North Atlantic.

Appleby-Website-Insurance-and-Reinsurance
1 Jul 2026

Record H1’26 Cat Bond Issuance Driven by Rising Sponsor Comfort and Diversified Risk

With H1 2026 officially breaking the record for the most catastrophe bond deals to come to market and settle in the first six months of the year, a key trend driving this momentum is how comfortable sponsors have become with the mechanics of the overall cat bond space. This familiarity has ultimately encouraged a wave of new sponsors to enter the market, according to Brad Adderley, Managing Partner at law firm Appleby.