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Government Regulation

06/02/2023

Pre- and post-nups in Hong Kong: agreements which abound endearments

Many consider pre-nups or post-nups a one-way ticket to rejection when proposed, or that they foster incessant unhappiness when presenting the terms.

06/02/2023

Charity tax: HMRC launches consultation on tackling abuse

The consultation identifies four areas of tax compliance in which the rules are currently “not working as intended”

06/02/2023

The Cayman Islands Government proposes amendments to the Proceeds of Crime Amendment

A notable change that is being proposed in the bill is the potential removal of the defences to committing the key money laundering offences

06/02/2023

FRC consults on changes to the remuneration section of the Corporate Governance Code

This article looks at the proposed changes affecting executive remuneration.

06/01/2023

International Data Transfers

The DPC imposed a fine of €1.2 billion on Meta Ireland

06/01/2023

New beneficial ownership regulations address South Africa’s AML grey listing

Any changes to a company’s BO register need to be filed with CIPC within five days of the changes coming into effect.

05/31/2023

Managing supply chain risks: reporting and diligence

This is driving a trend towards more active supply chain management across a broader range of risk areas.

05/31/2023

Dentons HPRP Capital Market team has successfully closed five transactions before the end of the first semester of 2023

In the following month, Dentons HPRP successfully closed the listing of PT Teknologi Karya Digital Nusa Tbk.

05/30/2023

Charity land disposals: new law is coming into force

Third Sector magazine has reported research that the number of fundraising jobs advertised as offering hybrid working has grown by 900 per cent since before the pandemic.

05/30/2023

Company Restorations in the BVI and the Business Companies (Amendment) Act 2022's Transitional Provisions

The Amendment Act changed the landscape of restoring companies to the Register of Companies (the Register) in the BVI

05/30/2023

Digital Markets, Competition and Consumers Bill: UK tech sector competition rules

The CMA will have powers to formulate behavioural rules, known as conduct requirements

05/30/2023

Pensions disputes: Ombudsman rejects inadequate due diligence claim

The scheme administrator stated that the receiving scheme was registered with the appropriate authorities and that it was not responsible for employment checks.

05/29/2023

Enforcement of arbitral awards in the British Virgin Islands

Aside from attracting parties to arbitrate in the BVI, the framework also ensures that foreign arbitral awards are recognised and enforced effectively in the jurisdiction.

05/29/2023

Post-Brexit electric vehicle rules present disputes risk

Governments across Europe are seeking to scale-up local battery production in response, but there are growing callsfrom industry for a delay to the revised rules for 2024 taking effect.

05/29/2023

‘Tunnel’ tax ruling has implications for infrastructure projects

Both tax tribunals and the Court of Appeal had found that none of the structures within the Fort Augustus Hydro-electric power station fell within the scope of a “tunnel”.

05/26/2023

An Offshore Perspective: Reservation of Powers in BVI Trusts

Trust instruments can also appoint a protector, who may have other powers including authorising trustees to exercise their powers.

05/26/2023

Termination of Employment during Probation

The employer did not have an in-house human resources function.

05/26/2023

Chambers Corporate M&A Global Practice Guide 2023 – Trends and Developments, Cayman Islands

The guide summarises the key trends and developments in the Cayman Islands over the last year.

05/26/2023

Enforcement of arbitral awards in the British Virgin Islands

The distinction between recognition and enforcement is worth highlighting.

05/26/2023

Australia continues crackdown on ‘greenwashing’ activity

The document is a useful indicator of how ASIC intends to exercise its surveillance and enforcement powers with respect to suspected greenwashing activities.

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