08/12/2022
Compare The Market ruling ‘not green light’ for price restriction clauses
It remains to be seen whether the CMA will appeal the CAT ruling to the Court of Appeal in London.
Government Regulation
08/12/2022
Central Bank Publishes Outsourcing Register - Submission Requirements
The latest advisory from Walkers' Asset Management & Investment Funds Group explains the scope of the rules, reviews the guidance notes, and sets out the key deadlines.
08/12/2022
The Wait is Over - The Jersey LLC is Arriving
Following the registration by the Royal Court of Jersey of the Limited Liability Companies (Jersey) Law 2018 (LLC Law) there has been extensive consultation and preparation to support the establishment of limited liability companies in Jersey.
08/12/2022
Key Takeaways from Hong Kong's Money Laundering and Terrorist and Proliferation Financing Risk Assessment 2022
The Report also identifies the key stakeholders involved in coordinating and implementing the anti-money laundering and counter-terrorist financing (AML/CTF) regime, which is ultimately coordinated by the Central Coordinating Committee (CCC), chaired by H
08/11/2022
The rise & rise of financial services regulation & its enforcement
Together with the demand for increased transparency with respect to the financial affairs of the wealthy with a view of securing higher domestic tax revenues, especially post the global financial crisis, these suspicions have manifested in ever increasing
08/11/2022
Signing ceremony of strategic cooperation between Dentons LuatViet and MGi PropTech
It is now one of only a handful of global law firms capable of offering clients full-service legal counsel and business solutions in Vietnam.
08/11/2022
FCA sets out plans to strengthen financial promotion rules for high-risk investments
The FCA said it is concerned that “too many consumers are just ‘clicking through’ and accessing high risk investments without understanding the risks involved”.
08/11/2022
UK standard-essential patent reforms parked, for now
The UK is not alone in considering whether the SEP ecosystem achieves the right balance between incentivising innovate and providing implementers access to standardised technologies.
08/11/2022
Australia and the People's Republic of China now part of Luxembourg's third country regime for investment services
The change follows new regulation issued on 20 July 2022 by the Luxembourg Financial Sector Supervisory Authority
08/10/2022
The FCA introduces side pockets for authorised funds: Protecting investors in authorised funds following the Russian invasion of Ukraine
The policy statement follows on from the FCA consultation paper CP22/8 “Protecting investors in authorised funds following the Russian invasion of Ukraine”.
08/10/2022
A new type of FCA authorised fund - the Long-Term Asset Fund (LTAF)
The purpose of the LTAF is to provide a UK authorised open-ended fund structure that enables investment in long-term, illiquid assets while offering appropriate structural safeguards.
08/10/2022
Chambers Global Aviation Finance & Leasing Guide 2022
The Aviation Finance & Leasing Guide covers 28 jurisdictions
08/10/2022
EDPB's Approach to GDPR Fines
The Guidelines are intended to harmonise the starting point and methodology for calculating GDPR fines but not the outcome, as fines will depend on all the circumstances of the particular case.
08/10/2022
German part-time and limited-time employment models offer scope for flexible working
Employees in Germany can already benefit from a statutory right to work part-time.
08/10/2022
The Mauritius Finance Miscellaneous Provision Act 2022
The monthly retirement benefit is reduced from MUR 4,500 to MUR 1,000 for the months of July 2022 to June 2023
08/09/2022
The new UK Register of Overseas Entities is now live
A beneficial owner is any individual or entity that has significant influence or control over the overseas entity; it can be a natural person, a legal entity, or a government, or public authority.
08/09/2022
SEC Division Director: Staff MiFID II Research Compensation Relief to Expire July 2023
Although proposed legislation seeks to provide relief from investment adviser status for broker-dealers that receive such compensation for research, that legislation is unlikely to proceed in the current Congressional session.
08/09/2022
FCA reforms rules for financial promotions
This rule is known as the “financial promotion restriction” and is set out in section 21 of the Financial Services and Markets Act 2000 (FSMA).
08/09/2022
Defamation law reform in Scotland takes effect
Horsman and Beaumont said there are two main changes in the Act that are liable to limit the number of defamation claims raised in Scotland.
08/09/2022
UK national security order impacts IP licensing agreement
It is the first time the government has used its powers under the NS&I Act to block a transaction since the NS&I Act came into force earlier this year.