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The Most Balanced and Credible Educational and Networking Conference on OFCs. Period.

The 10th Annual OffshoreAlert Conference

April 29 - May 1, 2012

The Ritz-Carlton, South Beach

Miami Beach FL U.S.A.


For More information visit or Call +1 305-372-6296

April 29 - May 1, 2012. The Ritz-Carlton, South Beach. Miami Beach, Fl

The Most Balanced and Credible Educational and Networking Conference on OFCs. Period.

Segregated Account Companies and the Emergence of the 'Incorporated Cell'

Segregated accounts companies (also known as "cell companies" or "segregated portfolio companies") have proven to be a successful innovation coming out of the offshore world. Segregated accounts-type entities enable the ring-fencing of assets and liabilities through the creation of specific accounts/cells within the company. These structures have accordingly been used by insurance companies and funds, and also have been utilised for structured finance products and estate planning purposes.

Despite the increasingly wide adoption of segregated accounts companies offshore, one lingering doubt about the application and effectiveness of these companies is whether the ring-fencing of assets and liabilities would be recognised before courts in jurisdictions where there is no segregated accounts legislation. Partly to address this concern, some offshore financial centres, including Jersey, Guernsey, the Isle of Man and Malta, have introduced "incorporated segregated accounts company" (ISAC) legislation by which it is confirmed that each account/cell within an incorporated segregated accounts company is itself an incorporated entity with separate legal personality and the protection of limited liability. Other offshore jurisdictions, including Bermuda, are looking to implement ISAC legislation shortly.

This presentation explores the use of segregated accounts companies and the emergence of ISAC legislation in the offshore world.
Date & Time
  • May 01, 2012 from 1:45 PM - 2:45 PM

Target Audience

  • Offshore Clients


  • Products and Services
  • Intermediate
  • Insurance
  • Legal
  • Securities & Investment
  • Anguilla
  • Barbados
  • [ more ]
  • Bermuda
  • British Virgin Islands
  • Cayman Islands
  • Channel Islands
  • Gibraltar
  • Guernsey
  • Ireland
  • Isle of Man
  • Jersey
  • Malta
  • Mauritius
  • USA
  • [ less ]
Michael J. Burns

Michael Burns

Managing Partner, Appleby (BVI)

James McConvill

James McConvill

Counsel, Forbes Hare (London) & Senior Lecturer, Offshore Corporate Law, Victoria University (Australia)

Platinum Sponsor

Grant Thornton 270 

Grant Thornton is one of the world’s leading organisations of independently owned and managed accounting and consulting firms. More than 2,600 partners provide clients with distinctive, high quality service in over 100 countries. The Fraud Insolvency Division provide expert services relating to all forms of economic crime using forensic asset tracing combined with Insolvency Act powers. Our teams comprise forensic, insolvency, tax and computer forensics specialists, providing advice during the prevention, investigation and recovery processes. We offer solutions in the following areas: fraud investigations; expert witness; recovery and tracing of misappropriated assets and funds; proceeds of crime receivers.



Kinetic Partners 
Astigarraga Davis 180 
Martin Kenney 180 
Cayman National 
Mourant Ozannes 
Baker Tilly 180 
Maples 180px  
Phillips & Cohen 
Fraser Milner Casgrain 
O'Neal Webster 
Invest Barbados 180 
Securehost 180 


U.S. Immigration and Customs Enforcement 180 
Mourant Ozannes 
Foreshore 180 
Hidden Technology 180 
Grant Thornton 180 
Kixko 180 
Caledonian 180 
ACFCS 180 

Corporate Sponsors

Bernd Klose 180 
Husch Blackwell 180 v2 
Bennett Jones 180 
Lennox Paton 180 
Greenberg Solicitors 180 
Financial Examinations & Intelligence 120 


International Compliance Association 180 
KYC 360 180 
Cayman Financial Review 180 
ABCA 180 
Compliance Search Group 180 
Compliance Exchange 180 
hedge fund managers 
IFC Review 180