News

The EU’s General Data Protection Regulation (“GDPR”) applies to offshore investment funds with European investors. The Cayman Islands Data Protection Act, 2021 (“DPA”), regulates the processing of all personal data. Inspired by the UK’s Data Protection Act, the DPA includes provisions very similar to GDPR (together “Data Protection…

The Cayman Islands Monetary Authority (“CIMA”) has recently published its annual AML/CFT Activity Report for 2022 which can be viewed at the following link:  AML CFT Activity Report 2022 V1 (cima.ky) and there are a few points worth noting. In particular:

Loeb Smith is pleased to welcome Ivy Wong to the firm as Senior Legal Director for its Corporate practice in the Hong Kong office, where her practice focuses on advising multi-national corporations and conglomerates, shareholders, investment funds, financial institutions, banks, public and private companies, as well as high…

facebook sharing buttontwitter sharing buttonlinkedin sharing buttonwhatsapp sharing buttonwechat sharing buttonsharethis sharing button We are pleased to announce our firm’s recognition on The ALB Fast 30 list which reinforces the firm’s growth strategy in Asia by providing high quality technical legal advice and commercial solutions, outstanding client services,…

On 31 August 2022, the Cayman Islands introduced the restructuring officer regime by making certain amendments to the Cayman Islands Companies Act. Please see link below to an article first published in IFC Review where Gary Smith and Robert Farrell consider the benefits of the Regime now that…

We Won!! Many thanks indeed to our clients and peers who voted Loeb Smith the Best Law Firm: Fund Domicile at the US Emerging Manager Awards 2023 organized by Private Equity Wire.

Why and Where Do You Need to Be Offshore? Wendy Au of Loeb Smith Hong Kong office shared her insight with SS&C Intralinks on what makes offshore destinations attractive to Asia-based fund managers with some key considerations and the different options available for fund domiciles.

Following the conclusion of the FATF’s most recent plenary on 23 June 2023, the FATF has determined that the Cayman Islands has substantively fulfilled its action plan. Therefore, subject only to the completion of an on-site visit by the FATF later this year, which forms part of the…