International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Olivier Hance of Hance Law. Olivier Hance has joined IR as our exclusive Investment Funds member in Luxembourg. Olivier Hance is an international attorney specialized in funds, finance and international business, member of the Belgian Bar and registered at the Bars of […]
The changing face of the BVI The BVI has long been recognised as the ‘go-to’ domicile for the incorporation of offshore companies. There is no question that this can be attributed in large part to the basic tenet of the jurisdiction being tax neutral, highly cost efficient and offering a good degree of privacy […]
A client of ours has been mandated to help in the sale of a number of holiday resorts in Slovenia’s highly prestigious Portoroz region. These holiday resorts are owned by one specific group and the sale of the hotels has been demanded by the banks following the signing of Master Restructuring Agreement between them, according […]
The implementation of the AIFMD in Malta brought about significant changes in the regulatory regimes for funds and their managers. For regulatory purposes, a distinction is now made between the following main types of collective investment schemes (“CISs”), when established in Malta: Professional Investor Funds; Alternative Investment Funds; Retail Collective Investment Schemes, including UCITS; Private Collective […]
On the 2nd April, 2014 the MFSA published a set of Investment Services Rules – “Standard License Conditions applicable to Collective Investment Schemes authorised to invest through Loans” (the “Rules”), which apply to funds investing through loans, in addition to the laws, regulations or standard licence conditions that are currently applicable to Alternative Investment Funds […]
Investment Business (Approved Managers) (Amendment) Regulations 2013 Last year we told you that the BVI had introduced a new ‘regulation light’ regime for the recognition and approval of Investment Managers and Advisers. The essence of the new regime was to strike the right balance of flexibility, cost and effective regulation http://www.folioadmin.com/news/bvi-approved-investment-managers-regulation-light. In practical terms, the […]