07/29/2022
Fund managers urged to revisit distribution agreements over marketing
The guidance was provided by the European Commission in updated ‘Q&A’ documents published by the European Securities and Markets Authority
Government Regulation
07/29/2022
Ruling offers lessons on drafting and managing collaborative agreements
Long-term contracts may start out collaboratively.
07/28/2022
New eligibility guidance released for the charity sector and overseas aid organisations
Note that charities have a duty to make a referral to the DBS when it believes a person has caused harm or poses a future risk of harm to vulnerable groups, including children.
07/28/2022
Charity Commission publishes "Public Trust in Charities 2022" report
In less welcome reading, the report refers to “a stubbornly persistent scepticism regarding how charities use their money and how they behave”.
07/28/2022
UK secondary fundraising rules to be relaxed
Other conditions on such secondary fundraising include consultation with major shareholders
07/27/2022
Mutual funds in the Cayman Islands
As at June 2022, there were 12,935 investment funds (predominantly hedge funds) registered with the Cayman Islands Monetary Authority under the Mutual Funds Act (as amended).
07/27/2022
South African ruling shows how oral agreements can be binding
The issue reached the South African courts for a ruling after the ANC failed to pay invoices it had been sent by Ezulweni in relation to the banners supplied.
07/27/2022
Singapore to end employer salary cut notification requirement
MOM first introduced a rule requiring employers with over 10 workers to notify the ministry if they take any cost-saving measures that affect their employees’ salaries in March 2020.
07/27/2022
Dentons launches platform to help Ukrainian refugees and employers
For employers, the platform outlines key information on the employment of Ukrainian refugees.
07/27/2022
‘No fault’ evictions ban to boost supported living tenant protections
Most private tenants in England have an AST, and these are also commonly used in supported living arrangements where adults with learning difficulties share a house.
07/27/2022
Trust Essentials: July 2022
The scope and application of established principles and approaches are also being put to the test
07/27/2022
Cayman Islands Funds and Regulatory Update: Q2 2022
Once the FATF removes the Cayman Islands from its list of jurisdictions under increased monitoring, the EU will initiate its steps to delist the Cayman Islands from its AML/CFT list.
07/27/2022
Linklaters advises SIX Swiss Exchange on the amendments to the GDR rules relating to the “China-Swiss Stock Connect” programme
Linklaters provided legal support to the SIX Swiss Exchange AG
07/27/2022
New guidance on employment status July 26, 2022
The guidance is published alongside the government's response to consultation on employment status
07/26/2022
UK Government releases new guidance on the NSI Act and prohibits first transaction
The Guidance gives clear practical examples of the level of detail that is expected when explaining which sectors are relevant to a notification and which qualifying acquisitions (or “trigger events”) apply to an acquisition.
07/26/2022
FRC issues good practice guide for company meetings - Guidance on holding effective AGMs and general meetings
The guidance sets out seven key Principles, together with suggested practical actions that companies can take to achieve them.
07/26/2022
The new failure to prevent money laundering offence: what are Jersey businesses required to do?
It is therefore important that businesses consider the adequacy of their AML systems and controls now and on an ongoing basis.
07/26/2022
Snapshot: how does the JFSC gather information - and is it protected?
This briefing summarises various ways in which the JFSC gathers the information it needs, and outlines the extent of the protections afforded to that information.
07/26/2022
Snapshot: being open and cooperative with the JFSC - what does it involve and why does it matter?
The significance that the JFSC places on compliance with the duty of candour is clear from various disciplinary outcomes over time, and it is therefore important that firms have a good understanding of what this duty requires of them.
07/25/2022
Financial Services and Markets Bill introduced to Parliament
The UK Government sets out its stall for a significant revamp of the regulation of financial services in the UK following Brexit.