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UK Pensions Regulator consults on new defined benefit funding code

The draft code, fast-track parameters and proposed regulatory approach have been released for industry feedback

IFC Investment to Boost Access to Finance for Green Housing in Romania

In Romania, access to housing finance is still limited, and IFC's financing will help develop the green housing loan market.

Proposed Reforms to the UK Securitisation Regulatory Framework

Although the regulators’ exact rulemaking approach is still under development, the majority of the rules currently in the UKSR are expected to be maintained in the FCA and PRA rules.

Brussels briefing paper: European Commission issues guidance on merger control submissions under Article 22 EUMR

For merging parties, the change raised the prospect of the Commission intervening in transactions that competition regulators in the EU would not have previously reviewed at all.

Cayman schemes – where are we now?

The scheme of arrangement of China Vast was approved by the Cayman Court and became effective on 5 December 2022,

FINRA Issues Targeted Exam Letter Regarding Crypto Asset Retail Communications

FINRA defines Crypto Assets as assets that are issued or transferred using distributed ledger or blockchain technology, and includes virtual currencies, coins and tokens.

‘Increased rigour’ in HMRC export controls enforcement since Brexit

The committees also said that data on criminal convictions for export control breaches should be published in the government’s strategic export controls annual reports in future.

FCA proposes overhaul of UK PRIIPs disclosure regime

These proposals, which formed part of the wider ‘Edinburgh Reforms’ package, would give the FCA formal responsibility for designing and developing new disclosure rules.

UK Treasury consults on Consumer Credit Act reforms

The move is part of a wider package of measures dubbed the ‘Edinburgh Reforms’ which the Treasury is proposing to take to streamline financial services regulation and promote investment and growth.

Tales from the Oriente: the first appointment of restructuring officers in the Cayman Islands

The Company is the parent company of a group (the "Group") which operates a leading financial technology platform providing alternative sources of credit to traditional retail banks for the unbanked and underbanked population of Southeast Asia,

HMRC mulls overhaul of CIS deductions for landlord payments

HMRC asked for industry stakeholder views on two proposed solutions suggested by the Construction Forum.

Leading law firm for 13 areas in Singapore, Japan and Indonesia in Chambers Asia Pacific 2023

We are honoured to receive this accolade, which builds upon our rankings last year.

Guernsey to progress public-private partnership

It was due to be debated at the States meeting on 26 January 2022 but was withdrawn from the agenda pending further engagement and consultation.

Cybersecurity and data breaches in the Cayman Islands

The Rule and Statement of Guidance set out CIMA's requirements in relation to the management of cybersecurity risks.

Offshore Centres Update: Q3 Sukuk Activity and Launch of Shariah Compliant Funds

In this Country Correspondent Report for Islamic Finance News ("IFN"), Manuela Belmontes discusses the activity of the sukuk market in Q3 and the launch of Shariah compliant funds

UK festive period travel disruption: UK Border staff industrial action 23 to 31 December 2022 inclusive

UK Border Force staff will be striking at a number of UK airports from Friday 23 December to Saturday 31 December 2022, the Public and Commercial Service (PCS) union has announced. The strike action falls during what is typically a period of high-volume t

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