All Upcoming Courses > Courses by date > August 2010 > LCF773

Cayman & BVI as Domicile for Offshore Funds:
Structural, Regulatory, & Documentation Issues  

Barry Mitchell Partner, Maples and Calder
Ann Ng Associate, Maples & Calder
Richard Grasby Associate, Maples and Calder
Date: 5 August 2010, Thursday
Time: 9:30 am to 12:45 pm
Level: Standard
Accreditations:
CPD Law:   3.0
CPT SFC:   3.0
CE IFPHK:   3.0
CFA CE / SER*:   3.0 / 2.0
Fee: HK$ 1,800
HK$ 1,530 - 15% off for those who register online
Certificate of Attendance: HK$30 for members who register online per course
HK$50 for non-members per course
Language: English
Course Code: LCF773
Venue: Courses & Seminars Limited
22nd Floor,
100 Queen's Road Central,
Hong Kong
MAP
   
Categories: Funds
Hedge Funds
Offshore Jurisdictions
Private Equity Funds
  
*
As a participant in the CFA Institute Approved-Provider Program Courses & Seminars has determined that this program is eligible for 3 credit hours, inclusive of 2 hours in the content areas of Standards, Ethics, and Regulations (SER). If you are a CFA Institute member, CE credit for your participation in this program will be automatically recorded in your CE Diary.

 
Course Details
Many offshore funds choose Cayman Islands or the BVI as domiciles. This course will examine different structures of offshore funds being set up in these jurisdictions, and will also delve into various regulatory and documentation issues from an offshore lawyer’s perspective.
 
Highlights of the course include:

§         Introduction of Cayman and BVI as financial centres

§         Why domicile in Cayman or BVI?

§         Usual fund structures:  corporate, unit trust & partnership

§         Regulatory regimes – funds and managers

§         Anti-Money Laundering regulations

§         Private Equity funds - the Cayman and BVI issues

§         Documentation issues – an offshore perspective

§         BVI Update – Securities and Investment Business Act

§         Case Study & Quiz

§         Unit Trust

o        Concept of Unit Trust

o        Unit Trust Structure

o        Constitution of Unit Trust

o         Subscription, Transfer / Redemption of Units, Distributions

o         Trustee Liability

o         Third Party Transactions

o         Master / Feeder Structure

o         Sister Funds