06/16/2022
As a result, companies may now face civil liability for inadvertent breaches of financial sanctions, including where due diligence has been carried out and there was no “reasonable” cause to suspect a breach.
06/16/2022
UEFA announced last year that it intended to replace the FFP Regulations with a new set of rules
06/16/2022
Linklaters acted as drafting counsel to ISDA on the "Next Generation" IM documentation
06/15/2022
The regulator continues its Primary Markets Effectiveness Review to promote the competitiveness of a UK listing.
06/15/2022
Also on the topic of temporary derogations, the exemption from clearing for EEA pension schemes is due to expire imminently on 18 June 2022.
06/15/2022
The proposals have raised concerns in the industry about how cryptoasset service providers could comply with the rule in practice.
06/15/2022
An RCF will also have to comply with the Central Bank's fitness and probity regime when applying for authorisation, and on an ongoing basis.
06/14/2022
Stamp duty is payable when an application for a Grant is made. The duty payable is calculated on the net value of the estate as at the date of death.
06/14/2022
The feedback statement follows up a discussion paper on value for money in DC schemes published in September 2021.
06/13/2022
The Commission does not recommend reliance on collective knowledge or corporate culture, but rather remains of the view that there should be an identifiable individual within senior management with the requisite culpability to attribute knowledge to the c
06/13/2022
Fraudulent reporting may qualify as a criminal offence.
06/13/2022
Businesses in the sector are having to adapt to significant changes in consumer behaviours and in the labour market
06/10/2022
Businesses that rely on the earlier version of SSCs in agreements concluded before 27 September 2021 should update these agreement to include the new SCCs before 27 December 2022 to ensure compliance with the GDPR.
06/10/2022
While the Briefing is aimed at NCAs, is non-binding and not subject to any 'comply or explain' provisions, it sets out several key supervisory expectations.
06/10/2022
ESMA suggests that regulators create checklists to assist with the assessment of compliance with the requirements that pre-contractual disclosures
06/09/2022
The SFC issued a statement to clarify its regulatory approach in relation to non-fungible tokens and remind investors of related risks.
06/09/2022
Such payments are privileged as they do not reduce the insolvency estate and do not disadvantage creditors if they allow the business to continue and enable corporate recovery.
06/08/2022
On the transactional front, Q1 has been another busy quarter for the BVI office
06/08/2022
As discussed in our prior Legal Update, the interim rule implemented new controls on “intrusion software”2 that balanced US foreign policy and national security concerns with the need for legitimate cybersecurity transactions
06/08/2022
The package of proposals are of particular importance to very large businesses, their directors, investors and auditors.