You can rely on Conyers to provide clear, practical guidance on all your Bermuda, BVI and Cayman Islands regulatory and legal risk management requirements. We will help you at every stage with proactive guidance, insight into regulatory updates, assisting with filing requirements, dealing with regulatory authorities, advising on investigations, and providing robust representation in regulatory enforcement actions with the regulatory authorities if needed.
As the global regulatory environment continues to tighten and become more complex, and with stronger enforcement by regulators, your dedicated Conyers Regulatory & Risk Advisory team will assist you with our comprehensive regulatory legal advisory and litigation capabilities.
Our Asia Regulatory & Risk Advisory team comprises lawyers with extensive expertise in both corporate law and litigation, operating as an integrated team to empower our clients to navigate the regulatory landscape with confidence. Our regulatory expertise spans the breath of our practice areas including re/insurance, funds, investment business, trusts and private client and virtual asset business.
The team is led by experienced regulatory specialist Alexander Doyle, supported by a team of international lawyers and fiduciary professionals based in Hong Kong and Singapore and fluent in English, Mandarin and Cantonese. Our diversity enables us to build you the best team to meet your needs on any given matter.
Our Services
Conyers’ Asia Regulatory & Risk Advisory team can help you understand and manage all of the regulatory requirements for business operations in Bermuda, BVI and the Cayman Islands, including:
Licensing and Ongoing Advisory and Regulatory Work
- Advising on all aspects of Bermuda Monetary Authority (BMA), BVI Financial Services Commission (FSC) and Cayman Islands Monetary Authority (CIMA) registration and licensing
- Ongoing regulatory requirements and corporate governance for licensees and registered persons
- BMA, FSC and CIMA filings
- Mock regulatory inspections and regulatory reviews to support compliance audits and remediation
- Representation in regulatory enforcement actions and negotiating regulatory settlements
Automatic Exchange of Information Regulatory Review, Classification and Reporting
- FATCA and CRS classification and reporting
- BEPS Country by Country reporting
Economic Substance
- Economic Substance classification and reporting, responding to penalty and compliance notices and enforcement actions, remediation
Beneficial Ownership
- Beneficial Ownership maintenance of registers, assisting with breach notices and enforcement actions
Anti-Money Laundering / CFT / ATF / Sanctions Procedures and Requirements
- Advising on AML/CFT/ATF Laws and Procedures and KYC due diligence requirements
- Advising on SARS reporting and asset freeze reporting
- Drafting manuals, policies and procedures and best practice guidance
- Assisting with mock regulatory AML/CFT/ATF training reviews
- Advising on sanction requirements and specific licence applications
Corporate Governance and Internal Controls
- Advising on board composition and board assessments
- Advising on and assisting with succession planning and remuneration practices
- Advising on fitness and propriety
- Advising on senior management responsibility
- Advising on appropriate reporting structures and overall training
Confidentiality, Privacy and Data Protection
- Advising on data protection and personal information protection laws
- Drafting tailored privacy policies and procedures
- Advising on data protection and processing agreements
- Advising on confidentiality requirements and data subject requests
Fund Advisory Regulatory Services
- Advising on regulatory filings and licensing requirements
- Advising on AML/Licensing Policy Procedures
- Online or in person AML/ATF and sanctions training for fund directors
- Assisting with internal audits
Administrative Fines Act, Regulation and Compliance
- Advising on administrative fines
- Liaising with regulators and enforcement agencies
- Interpretation and application of regulatory policy (under rules, regulations and statements of guidance)
- Legal and regulatory reviews and reports
- Legal and regulatory training in person or online
Regulatory Dispute Resolution
- Advising and assisting with investigations, remediation and final reports pre-enforcement
- Advising on regulatory enforcement actions, negotiating settlements, defence of regulatory proceedings and advising on appeals
- Acting in contested public interest winding up petition proceedings and applications to appoint Joint Provisional Liquidators
- Acting in litigation concerning allegations of breach of regulatory obligations
- Acting in judicial review proceedings concerning regulatory actions