07/12/2022
Are you covered? Project wide insurance policy may offer different cover to co-insureds
The RFU’s project manager decided that a comprehensive project insurance policy covering all the contractors would be appropriate.
Government Regulation
07/12/2022
Ashurst and The Global Centre for Maritime Decarbonisation sign coalition partnership agreement
Through this partnership, Ashurst and GCMD will leverage on each other’s domain expertise and exchange information, in order to identify opportunities and deliver pilot projects.
07/12/2022
Ashurst advises lenders on financing the acquisition of VINCORION
STAR Capital with headquarters in London was established in 1999 and is a private equity firm focused on building and developing businesses around strategic assets in Western Europe.
07/11/2022
New UK Bill of Rights could overturn hundreds of judgments
The Bill also maintains the HRA’s distinction between primary and secondary legislation, so that courts cannot strike down an Act of Parliament – but may instead issue a declaration of incompatibility if they consider it breaches an ECHR right
07/11/2022
New Mandatory Consideration of ESG Factors for EU Investment Funds Managers
This update focuses specifically on the changes that will be made to the UCITS and AIFMD regimes
07/11/2022
Real Estate Transactions: Legislative Amendments
These amendments are reflected in the Real Property Tax (Amendment) Act, 2022, the Stamp (Amendment) Act, 2022, and the Value Added Tax (Amendment) Act, 2022, (which all took effect on 1 July 2022) and are set out below.
07/11/2022
New Mandatory Consideration of ESG Factors for EU Investment Funds Managers
This update focuses specifically on the changes that will be made to the UCITS and AIFMD regimes and considers the practical implications for UCITS management companies and AIFMs (collectively "Manco(s)"), particularly in the context of existing
07/11/2022
WWF-Hong Kong joins Ogier's Talent4Impact as industry partner for 2022
WWF’s BNS team brings an exciting dynamic to the Talent4Impact industry partner line-up.
07/08/2022
EU reaches agreement on European crypto asset regulatory rules
The rules are aimed at protecting consumers against some of the risks related to crypto assets investment and helping them to avoid fraudulent schemes.
07/08/2022
Greenwashing in the European financial services sector
Greenwashing is a form of marketing which conveys a false message because it provides misleading information as to the sustainability of a particular product or service.
07/08/2022
Paul Hastings Advises SD Biosensor and SJL Partners on $1.53B Acquisition of Meridian Bioscience
The transaction is expected to close in the fourth quarter of 2022
07/08/2022
FCA Identifies “Clear Rationale” for Regulating ESG Data and Ratings Providers
The FCA emphasised the increasing prevalence of providers and the potential harm from lack of regulation in this area.
07/08/2022
BCBS consults on draft standards for the prudential treatment of cryptoasset exposures
These standards go well beyond the treatment of unbacked cryptoassets like Bitcoin, and could potentially determine the economic viability of a broad range of digitalisation projects.
07/08/2022
British Virgin Islands Private Trust Companies
This is a corporate trustee established for the purpose of acting as trustee of a specific trust or trusts
07/08/2022
FATF Compliance – EU Confirms no Additional AML-CFT Measures for Cayman
The EU will initiate steps to delist the Cayman Islands once FATF removes the Cayman Islands from its list of jurisdictions under increased monitoring.
07/08/2022
Insurers and Insurance Managers: Review & Reset Items
Note that if a company remains in ‘enquiries pending’ for an uninterrupted period of not less than three months, that is treated as prima facie evidence that a breach has occurred and a fine may be issued.
07/08/2022
Jersey employment update - zero hours contract consultation and Employment and Discrimination Tribunal annual report synopsis
The vast majority of the determined cases saw the claim being heard within 6 months
07/07/2022
Channel Islands Funds Quarterly Update: Q2 2022
The States Assembly has approved a package of amendments to the Limited Partnerships (Jersey) Law 1994, the culmination of a cross-industry project to modernise and clarify aspects of the law.
07/07/2022
Government proclaims Corporate Insolvency and Governance Act 2020 a success story
The report is part of the statutory review which must be carried out within three years of the measures coming into force.
07/06/2022
I Left My Home in Georgia: New Guidance on Becoming a Bona Fide Resident of Puerto Rico
Accordingly, individuals seeking to be treated as bona fide residents of Puerto Rico should carefully consider which US contacts they should keep following a move to Puerto Rico.