Establishing a robust securities trading policy is not just a regulatory necessity but a strategic imperative for junior market companies. Such a policy serves as a protective shield for your company against the reputational damage and legal consequences that can arise from insider trading violations.
Read MoreThe Jamaican government’s announcement regarding upcoming Airbnb regulations is a pivotal moment for the burgeoning home-sharing sector in the country. As these regulations begin to take shape, it's an opportune time to look at how similar laws have been implemented in various U.S. cities and the positive impacts they have had. This analysis isn't about providing legal advice on foreign regulations but rather offering an encouraging perspective on how Jamaica can efficiently navigate and benefit from these new changes. While Ramsay & Partners is not licensed to provide legal advice on US law, as the exclusive member firm for TerraLex in Jamaica, we work with a global network of 130 member firms covering 200+ jurisdictions across 120+ countries and are positioned to meet the cross-border business needs of clients on a global scale.
Read MoreHaving land in Jamaica is a great vehicle for building generational wealth. However, this can be hindered when your Instrument of Transfer is not registered on the Duplicate Certificate of Title (“Title”). Based on my legal experience in this field, I have seen unregistered Instrument of Transfers which requires urgent and immediate legal attention. However, navigating the waters is our service to you.
Read MoreWhen considering the legal differences between Caribbean countries from a business perspective, there are several key factors to consider. By considering these differences, businesses can tailor their strategies to each market, ensuring compliance, maximizing efficiency, and capitalizing on local opportunities. For businesses looking to expand in the Caribbean, a nuanced understanding of each country's legal environment is a key component of strategic planning and risk management.
Read MoreRamsay & Partners is proud to announce its membership with TerraLex, a world leading international legal network. The firm was selected as the exclusive member firm for Jamaica. This significant partnership enables Ramsay & Partners to extend its reach and capabilities on a global scale, offering clients enhanced legal services backed by a network renowned for its quality and expertise.
Read More“Negotiation is empathy. It's almost trite to say that if you can't put yourself in the seat of the other person you're speaking with, you're not going to do well. It's not about being a bully, not about making offers people can't refuse.” – Marc Randolph
Here Comes Trouble
Conflict is unavoidable. Irrespective of the context of the relationship, be it personal, professional, consumer-based, individual vs state, country to country or otherwise, there will always be the wrinkles of differing viewpoints, competing interests, recklessness, incompetence, and malice.
Adverse possession, a legal doctrine with significant implications, grants individuals the ability to claim ownership of land through occupation, even without the owner's consent. In Jamaica, the periods for which land must be held exclusively and without interruption by the individual claiming ownership are: 12 years for privately held land (in most cases) and an extended 60 years for government-owned parcels. To safeguard your property interests and mitigate the risk of adverse possession, it is essential to adhere to a vigilant set of measures and work with an attorney to develop an actionable strategy.
Read MoreJamaica is on the brink of a historic transformation. Jamaican Prime Minister Andrew Holness delivered a message of potential change. He directed his nation's government to "move ahead with speed" in abolishing the country's constitutional monarchy. This is a move that signifies a tremendous shift away from a colonial past and toward greater sovereignty as a republic.
Read MoreThe landscape of corporate law is dynamic, continuously morphing in response to economic demands, societal changes, and government and international policy. In light of this, we are eager to share a notable shift in the corporate service sector in Jamaica and an equally significant achievement by AspireSec Limited, the licensed corporate service affiliate of Ramsay & Partners.
It goes without saying that protecting your family and loved ones is key. One way in which this can be done is ensuring your Last Will and Testament (“Will”) is legally prepared. A Will is a legal document which expresses your wishes of how your assets should be distributed at the time of death. Based on my legal experience in this field, I have seen that having a Will is beneficial in two ways : it is beneficial for the person making it (“Testator”) and for the family of the Testator.
Read MoreThe system of rules, practices, and processes by which a company is controlled is dictated by corporate governance. It typically outlines the relationships among management, the Governing Body, shareholders, and relevant stakeholders. These practices indicate that the company is managed responsibly, ethically, and in compliance with pertinent regulations. Companies of any size can benefit from effective corporate governance, as it is essential for maintaining the trust of investors, employees, clients, and the public.
Read MoreRamsay & Partners was proud to sponsor the Visionaries' Summit in Kingston, Jamaica. The event is a Global Platform for Shared Intelligence Connecting Business Leaders with a Dynamic Network of People, Ideas, Investment and Opportunities.
Read MoreExpanding your business internationally offers exciting opportunities for growth and access to a new vibrant market. If you are considering registering your overseas business in Jamaica, it is essential to understand the process to ensure that business operations may transition smoothly. There are many compliance standards to follow, which makes it essential to work with experienced attorneys who understand local and international business laws.
Read MoreThe Jamaican government has taken important steps toward data security and protection to stay both compliant and competitive with global data security standards. The stringent General Data Protection Regulation (GDPR) of the European Union is forcing many countries around the world to maintain the same high standards to keep local businesses competitive in a global market. The effort to protect the privacy of all citizens also creates many challenges for small to medium-sized companies to remain compliant. This article will examine Jamaica’s privacy laws and provide guidance on how to remain compliant.
Read MoreStarting a business is an exciting and rewarding experience. Many people like to share that experience by partnering with friends and family. It’s an age-old practice that people have done for generations. However, for those just starting out, it’s important to remember that not everyone can bring the same level of enthusiasm and dedication to a business, and it can negatively impact the relationships that people have with one another. There are certain practices in setting up a business that will build a strong foundation that can preserve these relationships and set up a framework for handling disputes constructively.
Read MoreRamsay & Partners’ Samantha Moore explains The Data Protection Act, 2020 (“DPA”), which was passed by the Government of Jamaica in June, 2020.
Read MoreSheldon Robinson is a Partner in the firm's Dispute Resolution Practice and has been an integral contributor to its growth and development since he joined the team in 2017. He is a graduate with honours from the University of the West Indies and the Norman Manley Law School and was admitted to practice in 2016.
Read MoreChantelle is an Associate Attorney in the firm's Transactional Practice. Her practice areas include corporate and commercial law, real estate law, conveyancing, capital market transactions in project financing & acquisitions, estate planning and administrations of estates.
Read MoreReal estate in Jamaica is not only an attractive investment opportunity for those who wish to purchase an affordable vacation home, but the growing economy is enabling strong investments in commercial properties as well. To enjoy the benefits of investing in commercial real estate in Jamaica, there are certain regulatory requirements that must be met. Working with an experienced legal team can provide important safeguards and guidance to protect companies from potential liabilities.
Read MoreTechnological advancements have not only made communication and operating international businesses possible but also more profitable than ever. Businesses small and large can no longer afford to limit themselves to local markets. However, with global expansion, there is the additional danger of being vulnerable to fraudsters, hackers, and negligent data breaches. Any entrepreneur can learn to utilize specialized technology to protect their investments and their client data.
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