- Bermuda Insights: Regulatory & Risk Advisory
Bermuda Insights: Regulatory & Risk Advisory
The economic substance regime has continued to develop, with the most notable change being the amendment to the definition of the ‘relevant activity’ of ‘fund management’, which was effective from 1 January 2022. As a result of the amendments, an entity will be carrying on the ‘relevant activity’ of ‘fund management’ if it manages investments for an investment fund, as defined under the Investment Funds Act 2006 (as amended), whether or not it is required to be licensed under the Investment Business Act 2003 (as amended) and will therefore include all entities even if they do not have a physical presence in Bermuda. Please see full Alert below for more information.
- Advising Directors
- Mergers & Acquisitions Comparative Guide 2022
- Mergers & Acquisitions (M&A) Guide 2022 ' Bermuda
- Sequana And The Creditor Duty: An Offshore Perspective
- Bermuda Insights: Corporate 2022
Bermuda Insights: Corporate 2022
The last few years have been standout years for take private transactions globally – representing the most active years since 2007 - with Bermuda incorporated listed companies involved in a number of the largest deals. What is driving the rush to the listco exit ramp? A convergence in the valuations of public companies - particularly in sectors adversely affected by COVID-19 - with their private company counterparts, record levels of private equity dry powder, relative ease (and affordability) of fundraising, increasing activism of minority public company shareholders, geopolitics and regulatory push factors have all played their part. Please see full Alert below for more information.
- Employee Probation Periods: An Update
- Amber Farrington Recognised In Bermuda:Re+ILS