Maples and Calder sets roots in Asia
Maples and Calder is a leading international law firm advising financial, institutional, business and private clients around the world on the laws of Ireland, the Cayman Islands and the British Virgin Islands.
Its worldwide offices provide multinational clients and international law firms with local access to global services. Wherever you may be, you will find highly qualified, experienced lawyers ready to support you across different time zones. With specialists in a range of practice areas, Maples and Calder enjoys a reputation as an innovative, entrepreneurial firm – a reputation it strives hard to maintain.
In 2012, Maples and Calder’s Dublin office established a business development presence in Hong Kong in response to the growth of the financial services sector in Asia and the increased interest in Ireland as a jurisdiction of choice for the establishment of investment funds to enable Asian-based managers to market primarily to European-based investors. Led by Michelle Lloyd, this presence serves to complement and strengthen the long-established comprehensive service offering provided by the firm in the region.
The global range of services provided by the Dublin office reflects the growing demand for European products. It advises on all aspects of the establishment of Undertakings for Collective Investment in Transferable Securities (UCITS), Alternative Investment Fund Managers Directive and special-purpose vehicles for tax structuring.
Its affiliate MaplesFS, through its operating divisions Maples Fund Services and Maples Fiduciary, also provides fiduciary, accounting, regulatory compliance and fund administration services. In addition, MPMF Fund Management (Ireland), a Central Bank of Ireland-authorised alternative investment fund manager, and Ceres Fund Management (Cayman), a company registered with the Cayman Islands Monetary Authority, are the Maples group’s flexible, full-service AIFMD solution for managers in Europe and the United States. Further, MaplesFS provides Depo-Lite solutions for Alternative Investment Fund Managers marketing non-EU funds to European investors under private placement, as well as a seamless solution to funds to facilitate compliance with FACTA and any relevant IGA.
Recent ground-breaking deals on which Maples and Calder has advised Hong Kong and mainland clients include:
- The first Irish-authorised UCITS with full access to the Chinese equity market via an RQFII licence.
- The first Irish-authorised retail fund to have the Chinese interbank bond market approved as an eligible market for investment.
- The first Irish-authorised retail fund permitted to have 100 per cent exposure to bonds issued by the Chinese government.
- The first Chinese investment manager seeking approval by the Central Bank of Ireland to work on Irish-authorised funds.
Maples and Calder will continue to remain at the forefront of local market developments as our Irish offering becomes ever more essential for Asian managers.
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