08/09/2022
This Guide looks at the requirements of the beneficial ownership regime, the exemptions available and the consequences of failing to maintain a beneficial ownership register in accordance with the relevant legislation.
08/08/2022
Pursuant to both the Current IBA and the Amended IBA, “investment business” means engaging in one or more investment activities specified in the statute by way of business.
08/08/2022
The Draft Regulations say that the maturity of a scheme is to be measured by the duration of its liabilities, meaning the discounted average time until pensions and other benefits are paid.
08/08/2022
China has increased fines for failure-to-file/gun-jumping for undertakings and individuals.
08/08/2022
It is no secret that certain Russian oligarchs have deep roots in the art industry and have in the past used high-value art to circumvent sanctions and to launder money.
08/08/2022
The chapter, which is now available, outlines the fintech landscape, funding for fintech, regulatory regime, accessing of talent and technology in the jurisdiction.
08/08/2022
The current and prospective impact of the new US-PRC laws and regulations on Cayman structured China VC companies mean that issuers must now consider different strategies:
08/08/2022
The Roundtable report, which was published today, features fintech partner, Christel Sands-Feaste as one of the expert contributors.
08/05/2022
In a significant judgment delivered earlier this year1 , the Court of Appeal held that those provisions of the Act do not apply to claims for the recovery of debts.
08/05/2022
The contracts include those governed by [US] law that do not mature before LIBOR ends and that lack adequate fallback provisions.
08/05/2022
The key point to highlight is that the register is not a register of beneficial ownership of UK land.
08/05/2022
Following the UK’s exit from the EU, the government has set out major reforms to the rules governing public sector buying in the new Procurement Bill
08/04/2022
The principal focus of the Alert is the transfer of assets from a DP prior to asset freezing sanctions being imposed, particularly where the staggered imposition of asset freezes across a number of jurisdictions gives DPs the opportunity to move assets.
08/04/2022
Simmons has advised Mainstream Renewable Power Africa Holdings Limited (MRPAH), on the sale of its interest in Lekela Power.
08/04/2022
The new regime is a key component of the FCA's Consumer Investment Strategy, which it published in September 2021.
08/04/2022
Policy makers, governments and regulators in different jurisdictions have taken varied approaches to crypto-assets, and activities related to them.
08/04/2022
This action is welcome, particularly at a time when the sector is grappling with challenges around energy security, climate-related policy and regulation, and the skills shortage.
08/04/2022
The Consumer Duty will apply to new and existing financial products and services that are open for sale or renewal from 31 July 2023
08/03/2022
Congress enacted Section 1061 as part of the 2017 Tax Cuts and Jobs Act to reform the tax treatment of service providers that receive a carried interest in funds or certain other investment vehicles.
08/03/2022
The Guide is produced in association with The World’s Leading Lawyers.