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01 June 2023

Guernsey's civil forfeiture regime – the 2022 update and recent case law

In 2016 Moneyval issued an evaluation report on the Bailiwick of Guernsey. This commented favourably upon the Island's regulatory framework and compliance regime, but also noted the "relatively limited number...

01 June 2023

Potential refund of stamp duty on the sale or lease of residential property for social housing

Finance Act 2022 inserted two new provisions, section 83DA and section 83DB, into the Stamp Duties Consolidation Act 1999 ("SDCA "). Each section provides for the repayment of stamp duty...

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25 May 2023

Eastern Caribbean Court of Appeal grants unless orders in respect of orders of the BVI Commercial Court

The Eastern Caribbean Court of Appeal (the "Court of Appeal") has confirmed it has jurisdiction to grant unless orders in respect of orders of the British Virgin Islands ("BVI") Commercial...

08 May 2023

Walkers represents NetDragon's subsidiary on spin-off of overseas education business

Walkers is acting as Cayman Islands counsel to Best Assistant Education Online Limited, a subsidiary of NetDragon Websoft Holdings Limited (NetDragon), in its agreement and plan of merger with Gravitas...