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The case for deferred prosecution agreements in South Africa

The resolution of corruption also serves a greater societal good and can ensure that wrongdoers do not remain in positions where they can cause further harm.

Cayman freezes US$7.3 billion in Russian assets

These amendments include new financial, trade, and maritime measures, and restrict specified financial services with the Russian Central Bank and other Russian Federation agencies.

Russian sanctions: the impact of UK, EU and US sanctions for UK and EU businesses

New sanctions are coming into force and existing sanctions are being amended without notice or often with no or little lead in time to comply.

The Bahamas Takes A Step Closer to Compliance with all 40 FATF Recommendations

The Proceeds Of Crime Act, 2018 and The Register of Beneficial Ownership Act 2018. These amendments considerably strengthen mechanisms for enforcement.

OECD releases draft Model Rules on Scope of Amount A under Pillar 1

An anti-abuse provision will apply as a deterrent to prevent a group that is held under certain types of entities from being artificially fragmented into numerous groups in order to circumvent the scope rules.

Pension trustees given scope for private market investment through UK proposals

The government said it also proposed to introduce regulations that require relevant DC schemes with over £100 million in total assets to publicly disclose and explain their default asset class allocation in their annual chair’s statement.

Building safety reform brings challenges for real estate funders

The requirements here remain to be specified by the HSE but due diligence and funding on trade sales and enforcements of existing buildings may become more challenging.

Fitness and Probity Notice: Bringing New Retail Credit Providers in Scope

The Notice outlines proposals to expand the scope of the Consumer Protection Code 2012

Maples Group Supports NIO Inc. with its Secondary Listing in Hong Kong

A team of Finance lawyers based in the Group's Hong Kong office advised NIO on the Cayman Islands legal aspects of the transaction

Online marketplaces face new obligations in the Netherlands

The new legislation, which takes effect on 28 May 2022, implements EU consumer laws that were set in 2019.

The pandemic has not reset the culture in law

Many law firms will claim that great strides have been made since then. I beg to differ.

Latest phase of UK government’s carbon capture drive ‘great to see’

The technology is intended to extract CO2 from industrial processes before it is emitted into the atmosphere with the intention of storing it underground for thousands of years.

A Deeper Dive Into the US Adjustable Interest Rate (LIBOR) Act

As the market begins to consider how the provisions of the LIBOR Act apply to their portfolios, we highlight a couple of recent issues.

Belarus sanctions: a guide for UK businesses

This guide provides an overview of the position relevant to UK businesses and overseas businesses with UK operations.

Are we becoming more savvy to the risk of cyber fraud?

These scams included cryptocurrency investment offers, claims of affiliation with the National Health Service (NHS) and online delivery company scams.

Mergers between BVI companies and foreign companies

This guide examines the merger process between BVI companies and foreign companies.

Local authorities may hold the key to unlocking the potential of tech ecosystems around the UK, according to report by Shoosmiths and Coadec

Shoosmiths’ dedicated technology sector team are active supporters and sponsors of Silicon Valley Comes to the UK and The Coalition for a Digital Economy.

Government Regulation