05/24/2022
FATF Landmark Report - A Guernsey Perspective
Its purpose: to provide an insight into its key findings from its fourth round of mutual evaluations
Government Regulation
05/23/2022
New York City repeals rules governing auction houses
Some auction houses have signalled a willingness to act as though the regulations are still in place in the interest of promoting transparency, at least temporarily, in the market.
05/23/2022
Cayman Islands third party rights legislation
The Act facilitates streamlining by removing the need for a dual step approach to constructing third party rights in transactional arrangements.
05/23/2022
Court of Appeal: transfer of assets abroad tax rules should be ‘kept in reserve’
The comments, in a recent judgment, will be welcomed by taxpayers, said tax expert Josie Hills of Pinsent Masons.
05/20/2022
Setting up a family investment structure: will it be an OEIC, AUT or a FIC?
A variety of UK structures are typically considered, including an open-ended investment company
05/20/2022
New enhancements to the Jersey Limited Partnerships Law
A liquidator may now be appointed to carry out the winding up of an LP on the authority of the GP, the LP Law or the LPA.
05/20/2022
Tech providers in UK financial services face direct regulation
The EU’s proposed new Digital Operational Resilience Act (DORA) envisages direct regulation of major technology providers to financial entities
05/20/2022
Abu Dhabi financial watchdog weighs regulation of DeFi
The regulator reserved the option to approve specific DeFi protocols
05/20/2022
Guernsey private trust companies and foundations
The Commission issued updated guidance in November 2021
05/20/2022
African countries improve on Financial Secrecy Index, call for UN tax convention to end plunder
The Financial Secrecy Index 2022 reveals that five G7 countries alone
05/19/2022
Mishcon de Reya successfully defends £4 million claim brought by a former employee against Canaccord Genuity Limited
He alleged that he had been promised a retention award of £1 million of Canaccord shares in summer 2015.
05/19/2022
Beneficial Ownership Registration for BVI Entities Owning UK Property
Conyers can assist you to ensure that all relevant filings, updates and confirmations are made to ensure compliance with the ECA.
05/19/2022
Tech providers in UK financial services face direct regulation
UK regulators are expected to publish a joint discussion paper on CTPs in UK financial services later this year.
05/19/2022
Inheritance law is failing modern families
Lawmakers should also be considering better protection for illegitimate children, who are still reliant in many jurisdictions on a parent recognising them.
05/18/2022
The Economic Crime (Transparency and Enforcement) Act 2022: A british Virgin Islands Perspective
BVI entities that already own UK property, or are about to acquire UK property, need to consider their obligations under the Act carefully
05/18/2022
Navigating the Jersey M&A Landscape (3 of 3)
Our Appleby Corporate team has been involved in a number of mergers and acquisitions (M&A) transactions involving buying, selling and/or restructuring businesses that have premises and/or people in Jersey.
05/18/2022
Abu Dhabi financial watchdog weighs regulation of DeFi
The regulator reserved the option to approve specific DeFi protocols, which would be held to a higher standard than recognised protocols.
05/18/2022
China proposes to tighten rules on network security in the securities and futures industry
The Draft Measures illustrate the CSRC’s increased supervision and enforcement of network security and management in the securities and futures industry.
05/18/2022
Accounting rules prevail following HMRC loss in the Supreme Court
The respondent companies claimed a subsequent deduction from their profits for the purposes of their corporation tax liability.
05/18/2022
Ogier's commitment to its people recognised with platinum STEP employer accreditation
Ogier has a genuine commitment to flexible working, diversity and inclusion, and employee wellbeing, to help make sure that career and development opportunities are open to all.