08/03/2021
An international tribunal ruled that the billionaire and her late husband corruptly obtained a lucrative stake from the state oil company Sonangol.
08/03/2021
The government is proposing to place the work of the DMU on a statutory footing and its consultation considers the powers the body should have when carrying out its functions.
08/01/2021
This was because HATVP is independent from the executive and has more budgetary and functional autonomy than the AFA.
08/01/2021
This means that it includes internal documents and correspondence with or about this person.
08/01/2021
The government issued a second consultation on the proposals in December and has now set out the plans for reform in draft legislation, a policy paper and a consultation response document.
07/30/2021
A long sentence for Tong would raise fears that courts in the financial hub will strictly interpret the security law, which outlaws secession, subversion, terrorism and colluding with foreign forces.
07/30/2021
The European Commission's confirmation that SFDR does apply to these Non-EU AIFMs cannot come as a surprise
07/30/2021
The consultation followed the UK Listing Review, which had noted that this presumption of suspension is a significant deterrent to the growth of the SPAC market in the UK.
07/30/2021
As is the case with statutory notices currently made under Executive Procedures, the FCA will permit (and not disclose to the subject of the notice) communications between staff recommending that action be taken,
07/30/2021
We believe that it is important to acknowledge that China’s version of capitalism and opening up of capital markets will look very different to the models in the West.
07/30/2021
The rule’s parameters are fully discussed in the Court of Appeal’s judgment
07/29/2021
It has also published additional draft implementing legislation and additional guidance notes to help businesses prepare.
07/29/2021
The AP’s fine comes after it concluded an investigation into the measures TikTok has in place to protect the privacy of children.
07/29/2021
This will give greater responsibility for decisions to senior members of FCA staff close to the matters.
07/29/2021
This may be due the general level of acceptance by staff that pay cuts were unavoidable given the unprecedented circumstances.
07/29/2021
The remainder of this note focuses on the specific effect of the Act on investment funds.
07/29/2021
The planned amendments to the MLRs 2017 by virtue of the SI are either “time-sensitive” or “relatively minor” and were proposals for change that were already in development.
07/29/2021
As this bill progresses through the Irish legislative process, we will provide further updates on any developments in relation to this individual accountability framework.
07/29/2021
Interestingly, the rules relating to marketing by third country AIFMs and registered AIFMs are also included in some of the responses.
07/28/2021
Newgate Compliance (an Ocorian owned company) Managing Director, Traci Pham and Senior Consultant, Jay Pyne summarise the key points and what firms can do to plan ahead.