03/08/2022
Investors told to expect big changes to UK prospectus regime
The proposed reforms will also make it easier for unlisted public companies to offer their securities to the public
Government Regulation
03/08/2022
A guide to Account Freezing Orders and Account Forfeiture Orders
These applications are generally brought by law enforcement agencies (National Crime Agency (NCA), Serious Fraud Office and Her Majesty’s Revenue and Customs) and particularly their criminal investigators who attempt to preserve assets for forfeitur
03/07/2022
New rules boost Dubai’s international arbitration credentials
The new rules will take effect on 21 March 2022 and will replace rules which have been in place since 2007.
03/07/2022
Hong Kong regulatory enforcement trends: is change on the horizon?
Regulatory enforcement in Hong Kong has changed dramatically in recent years
03/06/2022
Belgium flexes its AML and regulatory muscle on crypto-service providers
Belgium partially transposed the 5th AML Directive into the Belgian AML Act by way of an act dated 20 July 2020.
03/06/2022
UAE affirms commitment to strengthening anti-money laundering efforts
Country will work closely with FATF to address remaining areas of improvement
03/06/2022
Financial Regulation: Daily Update
The documents aim to mitigate the limited risk of data truncation in CHAPS that will occur between November 2022 and April 2023.
03/06/2022
Law modernising the Luxembourg 2004 securitisation law
The Law contains some targeted adaptations to the securitisation regime under the 2004 Law with the aim to clarify certain elements to enhance legal certainty and to ensure continuing flexibility of the Luxembourg securitisation regime adequate for the ma
03/04/2022
SFC fines HSBC Securities Brokers $6.3m
The SFC found that between September 2018 and September 2021, HCCB failed to ensure compliance with the Rules of the Exchange of the Stock Exchange of Hong Kong Limited
03/04/2022
The FSCA releases draft strategy for supporting transformation in the financial sector
The purpose of such engagement will be to assess current levels of transformation within the financial sector
03/04/2022
Irish Central Bank issues guidance on insurers’ use of service companies
The guidance is applicable to both insurance and reinsurance undertakings.
03/03/2022
Economic Crime Bill to introduce long-awaited register of foreign beneficial owners of UK land
The Bill also contains provisions to beef up the system of unexplained wealth orders.
03/03/2022
The new economic crime bill – greater transparency of property ownership in the UK?
Whilst the Bill is introduced in the context of Russia's attack on Ukraine, its impact will not be limited to Russian entities or persons but will affect all non-UK entities operating in the UK.
03/03/2022
Government authorises use of dormant pension assets to 'change people's lives for the better'
The UK Government has now announced an expansion of the scheme, which will be expanded to cover pensions, insurance, investment and wealth management accounts.
03/03/2022
Global labor law update
Keeping up to date of new legal developments and maintaining visibility of those on the horizon continues to be critical for those planning and managing people strategies.
03/03/2022
No Stone Unturned: Tools of the trade available to the asset recovery lawyer in Guernsey
The application must not be merely for the purpose of obtaining pre-trial discovery of what a witness might say if called at trial
03/03/2022
BVI open-ended funds
This guide focuses on BVI business companies and BVI open-ended investment funds, and it aims to provide an overview of the different types of open-ended investment funds in the BVI and the regulatory requirements and obligations that these funds are subj
03/03/2022
BVI Approved Managers Regime
The application process for approval is generally quick and straightforward making it an appealing and popular option for both start-up and existing qualifying investment managers and advisors.
03/03/2022
Charities aspects of the Levelling Up White Paper in the UK
Access will provide urgent financing to over 1,000 charities and social enterprises in the more deprived areas of England.
03/03/2022
Financial firms should monitor FCA's AR consultation ‘carefully’
There are currently around 40,000 ARs in the UK, with around 16,000 ARs operating in the retail lending industry, and around 12,000 in general insurance and protection.