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Business 14 Dec, 2020 Follow News

Peter Colegate, co-head of the Appleby Global Technology and Innovation team

Chambers and Partners, one of the leading international legal directories, has published its first-ever Offshore FinTech ranking, naming Appleby as a Tier 1 global firm.

Chambers highlighted the strength of Appleby’s global offering in this sector through its dedicated and multidisciplinary Global Technology and Innovation Group. The Group, which was formed in 2017, was recognised as having “considerable expertise to offer in digital assets, blockchain and FinTech applications” and acting “for some of the world’s largest digital exchanges alongside a roster of young enterprises breaking new ground in the FinTech space." In particular, Chambers noted that “the expertise of all the advisers at Appleby is at an extremely high level”.

Peter Colegate, co-head of the Global Technology and Innovation team, said "with technological innovation transforming businesses and markets and with a number of offshore jurisdictions vying to become technology hubs, Appleby led the way amongst the offshore firms by establishing a dedicated global technology practice group in 2017. It is fantastic to be recognised by Chambers as a leading firm in this fast moving sector”.

As the pace of technological change accelerates, so too does the legal and regulatory landscape. Our Technology and Innovation Group recognised a need to provide clients with a single resource to help them identify the most suitable jurisdiction and structure for their technology projects. As part of this “one-stop-shop” initiative the group publishes an annual Technology & Innovation Offshore Guide. The guide is free to download and covers the legal and regulatory position in eight of the world’s largest offshore centres.

The Group also has cutting-edge expertise in data protection and information security regulation and implementation, with practical experience advising clients on pan-jurisdiction data protection matters on a global basis, including the interaction between local legislation and data protection laws. The Group also recently published the first edition of its annual Privacy and Data Protection Guide, covering the same eight offshore centres of Bermuda, BVI, Cayman Islands, Jersey, Guernsey, Isle of Man, Mauritius and Seychelles.

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