Harneys partners Lewis Chong and Philip Graham will speak at an Investment Management Due Diligence Association (IMDDA) webinar on 27 September to discuss due diligence in offshore jurisdictions.
The webinar will explore different structures of BVI and Cayman – two of the most popular fund domiciles used by managers – and provide insight into what to look for during the due diligence process. Key topics will include:
- Why offshore vehicles are used in the first place
- The difference between companies, limited partnerships, unit trusts and LLCs
- Regulated funds and unregulated funds
- Fiduciary duties of directors and general partners
- Analysis of the other services providers and their roles in structuring funds
- Regulatory hurdles, including AML, FATCA and CRS
Harneys provides legal advice on Bermuda BVI, Cayman Islands, Cyprus and Anguilla funds. The firm’s broad regulatory practice includes advising on all aspects of financial services legislation/regulation, anti-money laundering (AML), terrorist financing, sanctions, tax and tax information exchange.
IMDDA was established in March 2016 and focuses on investment management and operational due diligence. For more information and to register for the webinar, please visit https://imdda.org/event/due-diligence-in-offshore-jurisdictions/.