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Financial Services and Banking News

The proposed revisions would insert a new paragraph, 17.29A, dealing with completion of customer due diligence (CDD) by lenders.

Ashurst highly commended in Chambers and Partners 2022 Asia Pacific rankings

The Chambers and Partners Asia Pacific Guide rankings cover all of our offices in Asia, Australia and Papua New Guinea.

Appleby nominated for Mauritius Business Award

All nominations and voting for the awards were driven by consumers.

Success for A&O at ALB Women in Law Awards 2021

The firm picked up the ‘Diversity and Inclusion Law Firm of the Year’ award, evidence of our ongoing commitment to a culture that embraces diversity, equity and inclusion.

Reasons to Consider International Arbitration in M&A

As the data shows an increase in post-M&A claims, as well as an increase in the value of such claims, the superior enforcement mechanisms for arbitral awards over national court judgments are ever more important.

Corporate Crime Update

Below we provide a brief overview of what is covered in each update.

New Listing Regime for Special Purpose Acquisition Companies (SPACs) in Hong Kong

As an effective safeguard to preclude retail participation, SPAC securities are required to be traded in a minimum board lot size of HKD1 million per lot.

Is your firm ready for the UK’s new prudential regime?

Post-Brexit, the IFPR serves as the UK’s version of the EU’s prudential regime, the Investment Firm Regulation and Directive.

Daily Legal Update

The rules will impact disclosures by standard listed companies and disclosures by asset managers, life insurers and FCA-regulated pension providers and will come into effect from 1 January 2022.

Trusts and ESG - fad or future?

For investors wishing to put their own money where their morals are, the decision to invest in environmental and socially responsible vehicles is straightforward.

Asset Management Horizon Report 2022

Our report explores twelve key regulatory developments, and the challenges and opportunities that they present for the asset management sector in the year to come.

Financial Regulation Horizon Report 2022

These developments, as well as post-Brexit development of the UK’s new regulatory framework and changes arising through the Wholesale Markets Review

Brexit: One year on

The main change is that, for the first time in decades, EU citizens not already living in the UK before this date are now to be treated in the same way as the rest of the world.

New mandatory notification regime for transactions in the UK

The new regime, contained in the National Security & Investment Act 2021, will also give the UK government the ability to “call in” for review on national security grounds transactions in all sectors of the economy (with the government hav

The role of planning in the fight against climate change

The built environment is a long-standing and major contributor to the carbon emissions driving climate change.

Appleby nominated for Mauritius Business Award

Malcolm Moller, Managing Partner of Appleby’s Mauritius office said “We are delighted to have been nominated for this award which is a direct reflection of our team’s commitment and dedication to helping clients meet their business objec

Proskauer Private Investment Funds Group Releases 2021 Annual Review

The yearly report provides a summary of some of the significant changes

2021: A year of business reinvention and rebirth

Many firms were exposed by the delay in digital transformation accumulated over the recent years

Breathing new life into London listed SPACs - Guernsey's role

As a result, investors will remain free to buy or sell shares in the SPAC and can get a return of their capital, in full, if they do not support the acquisition.

Leading law firm for 10 areas in Singapore and Japan in Chambers Asia Pacific 2022

This is only possible through the thoughtful feedback provided by our clients and business partners.

Comment, Analysis & Research