Good corporate governance and a sound understanding of directors duties is critical. Regardless of size, establishing a best practice approach should be fundamental to all boards.
The board of directors are responsible for ensuring the company achieves its objectives and the corporate governance framework they adhere to should underpin their accountability to the company and its members. We advise company boards at all stages in the corporate lifecycle, in solvent and insolvent scenarios.
We have also acted on some of the largest pieces of litigation brought against directors offshore.
Directors are legally obliged to act in good faith, exercise independent judgment, and promote the best interests of the company.
Our offshore regulatory lawyers regularly provide expert legal guidance to directors as to their duties in offshore jurisdictions and corporate governance frameworks, as failure to comply with these expected duties potentially results in significant personal liability for directors.
Our experienced team advises on fiduciary responsibilities, risk mitigation, and regulatory compliance to ensure directors meet their obligations with confidence. Whether you're forming an offshore entity or navigating complex corporate challenges, we can offer trusted, practical solutions tailored to your needs.
Regulation and legal risk management are placing increasing burdens on companies and businesses in terms of time, costs and resources, and the consequences of getting this wrong can be severe. We can assist with all regulatory and compliance issues in Jersey, Guernsey, BVI and Cayman including:
Additionally we can help with regulator investigations and visits, enforcement and remediation including representation before regulators, tribunals committees and courts. We have an excellent record in defending corporates and their directors and officers in regulatory proceedings.
On 24 July 2025, the Judicial Committee of the Privy Council handed down two important decisions. Each decision concerned separate appeals and issues arising from the same matter, Jardine Strategic Ltd v Oasis Investments II Master Fund Ltd & Others,...
Changes to the BVI beneficial ownership rules: What you really need to know
On 2 January 2025, amendments to the BVI Business Companies Act (BCA) and the BVI Business Companies Regulations came into force by way of the BVI Business Companies (Amendment) Act, 2024 (Amendment Act) and the related BVI Business Companies (Amendment)...
The virtual asset service provider regulatory policy in the Cayman Islands
Effective as of 23 May 2025, the Cayman Islands Monetary Authority (CIMA) introduced significant updates to the Cayman Islands' regulatory framework for virtual asset service providers (VASPs), as reflected in the recently published revised regulatory po...
Senior appointment for Collas Crill in Jersey
Collas Crill has appointed Kate Anderson as Partner in its corporate team in Jersey. Katie joins the firm from Voisins, where she worked for 26 years. A highly regarded corporate and commercial lawyer, Kate regularly advises local and international ...
Guide to company management licencing in the Cayman Islands
Licensing background Any person or entity wishing to carry out a company management business must first obtain a licence from the Cayman Islands Monetary Authority (CIMA). The Companies Management Act (As Revised) (CMA) defines 'business of company manag...
In re Holt Fund SPC: Grand Court issues guidance as to novel restructuring officer issues
Introduction Collas Crill Cayman recently acted for the outgoing Joint Restructuring Officers (JROs) appointed over certain portfolios of Holt Fund SPC (Fund), whose appointment generated important clarification from the Grand Court of the Cayman I...
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