02/09/2022
Mercator : Key Regulatory Updates from 2021
Mercator by Citco continues to provide updates from across the entire set of jurisdictions that Mercator operates in to help keep our multinational clients informed and remain compliant.
Government Regulation
02/08/2022
Implications of the PRC Personal Information Protection Law for international financial institutions
This alert summarises some of the questions most frequently asked by our financial institution clients
02/08/2022
2021 Capital Markets Union package: review of the ELTIF Regulation
The ELTIF qualifies as an alternative investment fund (AIF) that allows professional and retail investors across the European Union (EU) to invest in companies and projects that need long-term, stable capital.
02/08/2022
Changes in the Italian Civil Code affecting the criteria for Italian Citizenship obtained by descent through the female line
All new applications submitted to the District Courts under the new law starting from 22 June 2022 will require careful scrutiny.
02/08/2022
Enhancing the UK’s capital markets – The FCA’s role and priorities
Speech by Sarah Pritchard, Executive Director, Markets, to City & Financial Global – The Future of UK Financial Regulation Summit.
02/07/2022
Commercial Agent Regulations: what do principals and agents need to know?
An Agent will usually have their existing contacts, local knowledge and experience from which the Principal can benefit and it can be a quick and relatively straightforward way for a Principal to develop business in territories where they want to expand.
02/07/2022
Swiss usher in corporate reporting and due diligence mandates
Under the new rules, a qualifying corporation must ensure that its annual report covers environmental, social and employee issues
02/07/2022
The impact of the SFC’s and HKMA’s joint circular on intermediaries’ virtual asset-related activities
The additional investor protection measures for virtual asset-related products are not surprising.
02/07/2022
Definition of capital: updates to PRA Rules and supervisory expectations
This CP is relevant to banks, building societies, PRA-designated investment firms and PRA-approved, or PRA-designated, financial or mixed financial holding companies.
02/07/2022
In Pursuit of Protection
Strong guidance has now been provided by the Royal Court of Jersey in the recent case of Re Jasmine Trustees [2021] JRC 248.
02/07/2022
Global investigations and whistleblowing – the UK perspective
Linklaters employment law specialists Sinead Casey and Nick Marshall, along with Alison Wilson and Elly Proudlock from our Dispute Resolution team, have written about whistleblowing issues which commonly arise in UK investigations
02/06/2022
LIBOR Transition - An Overview
The shift away from LIBOR toward new benchmarks is intended to provide a truer reflection of the cost of capital, but is not a simple process.
02/04/2022
SEC Survives Initial Challenge in First Enforcement Action Alleging 'Shadow Trading'
The SEC’s focus on shadow trading may mean that the specific prohibitions in a company’s policy may come under greater scrutiny.
02/04/2022
ESMA recommends extension of clearing exemption
ESMA recommends a final one-year extension of the clearing exemption for pension scheme arrangements.
02/04/2022
Whistleblowing in the workplace – what you need to know
Practical aspects, such as protecting anonymity and the conduct of any internal investigation, are considered, together with specific issues arising in cross-border cases.
02/04/2022
Martin Auerbach was featured in Agenda's "Directors Growing More Tolerant of Bad Behavior"
The article discusses the pandemic’s impact on corporate integrity and the growing gap between what business leaders say is important and their actions.
02/04/2022
A Framework for Equitable Sharing of Losses Arising from Scams
Financial institutions have the responsibility to protect their customers
02/03/2022
The economic substance requirements for Jersey resident partnerships
The Law does not prohibit the outsourcing of activities to other entities, provided the partnership's governing body monitors and retains the ability to control the activities of service providers in Jersey.
02/03/2022
GCC Quarterly Review - Q4 2021
This follows the amendment to the SCA’s Resolution No.11/R.M of 2016 regarding the offering and issuance of shares on public markets
02/03/2022
Provision of DPT services to the public
Under the Payment Services Act (“PS Act”), entities which provide services relating to DPTs are regulated primarily for money laundering and terrorism financing risk