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Government Regulation

01/04/2024

Out of sight, out of mind: a comparative guide to Jersey and BVI probate for non-domiciliaries with movable assets

Planning and preparation can help to reduce delay and complication through the probate process at what can be a very difficult time.

01/04/2024

Mayer Brown adds leading class action and data privacy litigator Anthony Weibell in Northern California

Privacy class actions and internet class action-related litigation are at an all-time high in California and across the country

01/04/2024

Gender pay gap in UK tech sector improves but more female leaders needed

BT Group is among the large employers that are part of the 30% Club

01/03/2024

Hong Kong Virtual Assets Regulatory Update: Joint Circular on Intermediaries’ Virtual Asset-Related Activities

This Circular supersedes the 28 January 2022 joint circular on intermediaries’ virtual asset-related activities.

01/03/2024

Retained EU law reforms come into force in the UK

The Act has removed the special features of EU law that governed the interpretation and application of this legislation.

01/02/2024

Collas Crill Cayman now registered as a limited liability partnership (LLP)

Collas Crill LLP converted from a general partnership trading under the name Collas Crill on 29 December 2023.

01/02/2024

DOJ Announces Largest Stark Law FCA Settlement Since 2006

The Stark Law broadly prohibits providers from billing for certain services referred by physicians with whom they have a financial relationship.

01/02/2024

U.S. Antitrust Agencies Finalize New Merger Guidelines Intended to Reinvigorate Merger Enforcement

The impact of the 2023 Merger Guidelines on courts remains to be seen.

12/29/2023

DOJ Announces Largest Stark Law FCA Settlement Since 2006

Community engaged a valuation firm to prepare formal fair market value (“FMV”) opinions

12/28/2023

Seychelles to Introduce Framework for Regulation of Virtual Assets and Virtual Asset Service Providers

A licence shall be required for VA Wallet Providers, VA exchanges, VA Broking, VA Payment Providers and VA Investment Providers operating in or from Seychelles.

12/28/2023

Challenges of Taking Security over the Shares of a Licensed Insurer

As the result of the market-leading position of our insurance practice, we have had the chance to advise on many of the more complex deals in the market

12/27/2023

A Deep Dive into TC260’s Proposed Guide for GBA Cross-border Data Transfer

The Draft Guide provides protection standards for cross-border data flow

12/22/2023

Paperless Listing Regime and Mandatory Electronic Dissemination of Corporate Communications

In such circumstances, amendments would need to be made to a listed issuer’s current bye-laws or articles of association for compliance with the paperless listing regime.

12/22/2023

Ombudsman annual report highlights ‘good news’ for UK pension schemes

The report sets out the PO’s main focus areas for 2023-24, including measures to reduce wait times and deal with more complex cases in a more thorough way.

12/22/2023

UK Digital Securities Sandbox set to take effect

The idea is to support models and structures that would not be permitted under the existing framework.

12/21/2023

Guide to Gambling Law in the Isle of Man 2024

Casino gaming is regulated by the Casino Act 1986 (CA 1986).

12/21/2023

Diving into the section 48 investment tax credit proposed regulations

The notice of proposed rulemaking consists of several proposed amendments to the existing Income Tax Regulations under section 48 of the Internal Revenue Code (Code).

12/21/2023

Positive Development for the Cayman Islands: EU AML Delisting Process Commences

The Commission consulted the EU's Expert Group on Money Laundering and Terrorist Financing before adopting the Delegated Regulation.

12/20/2023

Converting a PIC to a Standalone Licensed Entity

A significant benefit of the PIC product has always been the ability of a sponsor/group to utilise a PIC to dip its toe into Cayman regulatory waters

12/20/2023

AI cannot be an inventor under UK patent law, rules Supreme Court

The UK’s highest court reiterated the views expressed by lower courts in the country

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SFC’s proposed naming restrictions: considerations for family offices and proprietary investment companies

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