The Isle of Man is a leading international business centre renowned for its innovation, professional services and long-standing policy of leadership and positive engagement in respect of international initiatives and standards.
Now in its fourth decade of continuous economic growth, the Isle of Man provides a business-friendly environment featuring a flexible, yet mature, legal and regulatory system and a highly competitive, but simple, tax regime.
The Isle of Man’s world-class telecoms and power infrastructure, political stability, excellent accessibility to transport hubs in the UK and Ireland, and superb quality of life provide an attractive package to international businesses looking to relocate or expand.
Perhaps best known for its financial services industry, the Isle of Man has successfully encouraged the diversification of its economy in recent years and is now home to a wide range of high-performing sectors, including: aircraft registration; bio-tech; fin-tech; gaming; high-tech manufacturing; real estate investment, development and management; ship and superyacht registration and management; and space commerce and satellite leasing.
The Isle of Man is at the forefront of best practice in international regulation, and has been praised by global bodies including the OECD, G20 and IMF for its commitment to transparency and supervisory standards.
Our banking specialists have many years’ expertise of advising Isle of Man-regulated and international banking groups regarding a range of Isle of Man legal and regulatory issues, including liaising with regulators and the preparation and review of customer documentation.
The Isle of Man is a growing international business hub and we advise upon, negotiate and draft a wide range of commercial agreements for our clients. We have particular expertise in providing and advising on commercial terms for outsourcing service providers, online card payment businesses, e-gamers and online sports bet operators, and companies in the telecoms, IT, space and satellite sectors.
We provide a full range of market-leading Isle of Man corporate legal services, with our clients ranging from local start-up businesses to international groups and global financial institutions. The Isle of Man team have wide expertise in the establishment, sale, merger, acquisition and complex restructuring of all types of Isle of Man companies, partnerships and funds, including regulated and listed vehicles. We also work closely with a wide network of international legal and tax advisers, including leading City law firms and accountancy practices.
Our Isle of Man litigation team specialises in advising on commercial and trust disputes, enforcement and insolvency proceedings, and professional negligence claims. Our focus is on resolving claims as quickly and painlessly and in the most straightforward and cost-effective way possible. If litigation is inevitable, our advice will ensure that you have the most effective representation available.
Keystone's Isle of Man employment specialists boast the experience and skills our clients need when dealing with any kind of employment-related issue. We ensure that companies have the correct documentation in place to reduce risk and improve employee efficiency, and we advise on issues from redundancy to disciplinaries and grievances, including defending organisations in employment tribunals. We also successfully help individuals on their own employment rights, regularly scrutinising contracts and giving guidance on tax implications. We also offer proactive solutions on any form of employment dispute, all the way to the prosecution of claims in employment tribunals.
Our Financial Services team acts for a diverse range of clients across this sector. Our clients require a dynamic law firm that can deliver commercial advice combined with an in-depth understanding of current market practice.The team is adept at providing practical advice to businesses exploring the regulatory implications of new initiatives. We have a particular depth of legal and regulatory expertise in rapidly developing areas of the Isle of Man financial services sector, including private equity, fintech, crowdfunding and peer-to-peer lending platforms.
Our team has extensive knowledge and experience of the use of Isle of Man corporate and fund vehicles, including regulated and listed entities, and provide a wide range of advisory legal services including the preparation and drafting of bespoke constitutional and investor documentation. We have particular expertise in the use of Isle of Man funds to hold investment property or to undertake property development for private equity, property funds and non-UK domiciled investors.
The realm of statutory and regulatory compliance is a constantly evolving and broadening landscape. Our team has extensive local knowledge of Isle of Man financial services, corporate governance and anti-money laundering (“AML/CFT”) legislation and regulations combined with comprehensive multijurisdictional experience.
We aim to ensure that clients on the Isle of Man and beyond are fully cognisant of, and fully compliant with, all their statutory, regulatory and corporate governance obligations and responsibilities. With particular expertise in financial services regulation, corporate governance and AML/CFT, we advise on all facets of regulatory compliance and statutory corporate governance with one clear objective, to create tailored solutions that protect clients and their business interests, allowing them to focus on achieving their commercial goals.
Where required, our experienced lawyers, compliance and corporate governance professionals work side by side with clients, at their own offices, while still maintaining the flexible Keystone ethos.
As well as acting as traditional legal counsel for our clients, the Isle of Man team can offer the benefits of Keystone’s Add-on and Embedded Services. Keystone’s Isle of Man team can offer unparalleled access to a full-service law firm with extensive knowledge of the local market. Our in-house support service is bespoke but agile and can be continually refined to meet individual client needs and circumstances as a business develops.
The Isle of Man team is well versed in the Isle of Man’s insurance regime, advising on a wide variety of contentious and non-contentious insurance matters including policy drafting, compliance issues and the settling of disputes. Additionally, for particularly specialist and/or complex matters, Keystone’s Insurance team boasts some of the UK’s leading insurance lawyers with a range of specialist insurance expertise that is unmatched in the Isle of Man market.
Keystone’s insolvency and restructuring team provides a strong mix of contentious and non-contentious expertise and is able to advise upon a wide range of Isle of Man legal issues , including the enforceability of security, appointment of receivers, complex insolvency, restructuring, winding-up and general enforcement strategies and options.
The Keystone Pensions team collectively has 40 years’ experience of advising on occupational and personal pension schemes, both domestic and international. It has assisted on the drafting of Isle of Man pension and tax legislation and sits on IOM government technical committees. The team acts for the largest defined benefit and defined contribution schemes on the Island (including in respect of the Isle of Man Government’s public sector schemes) and advises on all aspects of pensions law including corporate transactions, Ombudsman claims, insured buy-ins and buy-outs, and more generally on the establishment, maintenance, restructuring, and insolvency of pension schemes.
We advise banks, lenders (including alternative lenders and challenger banks) and borrowers in respect of the financing of Isle of Man entities (companies, partnerships and trusts) including listed vehicles, fund structures, trading companies, and asset-holding SPVs holding a broad range of assets. We have particular expertise in respect of real estate finance, including the preparation and review of loan, security and hedging documentation.
The Isle of Man team works alongside a number of corporate service providers and international law firms and advisers. The team has expertise in dealing with large and complex contentious trust cases and most of the work undertaken by the team in this sector is multi-jurisdictional. We also provide assistance with non-contentious trust issues such as trust drafting and reviews.
Rachel is an advocate in the Isle of Man team with specialist focus on employment and dispute resolution. She has assisted with the employment aspects of a number of acquisitions and reorganisations in the Isle of Man, carrying out reviews of employment contracts and advising prospective purchasers of their obligations towards the employees.
Gillian is an experienced Manx Advocate and qualified Notary Public advising both domestic and international clients on corporate and commercial litigation, and employment matters. Her practice also focuses on a variety of enforcement and insolvency proceedings, professional negligence and trust disputes before the courts and in public inquiries.
Sally is a Manx Advocate whose practice includes a broad variety of Isle of Man (IoM) corporate and structured finance work with a particular emphasis on UK commercial real estate (CRE). Her client base comprises special opportunity funds and high-net-worth individuals investing in London and the South East, as well as regional assets across a range of asset classes.
Ben has advised on pensions and employee benefits for fifteen years. He has a broad range of experience in occupational and personal pension schemes, both domestic and international. Ben provides legal counsel on corporate transactions as well as the establishment, maintenance, restructuring, and insolvency of pension schemes.
Geoff is a Manx Advocate with a practice that includes a wide range of Isle of Man corporate and structured finance work. He has particular experience in advising lenders, investors and developers in the UK and European commercial real estate sector, and in recent years has advised upon many high-profile CRE transactions for blue chip clients relating to prime assets (mainly located in London).
William is both a Manx Advocate and qualified Solicitor in England and Wales advising on a range of legal issues affecting corporate organisations. He also advises on a range of real estate and asset finance matters acting for banks, lenders (including alternative lenders and challenger banks) and borrowers in respect of the financing of Isle of Man entities, in particular companies, partnerships and trusts.
Stephen is an experienced corporate and commercial lawyer with a wide range of expertise across of number of jurisdictions.