05/25/2022
Evaluating Investment Opportunities
The context in which an NDA is negotiated, will set the tone of the freedoms and restrictions governing the disclosure or exchange of information.
Government Regulation
05/25/2022
Case update: Jersey Royal Court clarifies the scope of costs 'of and incidental to' proceedings
The Judicial Greffier's approach to taxation on the standard and indemnity basis
05/25/2022
Malta fails to implement anti-corruption strategy called for by European watchdog
This report was adopted by GRECO at its 88th Plenary Meeting
05/25/2022
Jersey Funds Law Series – ESG Funds and Sustainable Investments
Persons registered to carry on Investment Business under the FS Law that provide investment advice on ESG Funds must either inform and make available to the client
05/25/2022
Sweden's Financial Supervisory Authority hands out €9.5m fine to digital bank
The SFSA says in their decision that Nordnet has not had a satisfactory level of internal governance and control in relation to EU's short-selling regulation.
05/24/2022
Jersey fund manager relocation
A fund management company relocating to Jersey is subject to a rate of Jersey income tax of zero percent.
05/24/2022
Statutory demands in the BVI: no longer truly optional?
The Court in Lenox International highlighted the importance of following the "two-step process" to wind up a company on the basis of its insolvency.
05/24/2022
New European ESG Reporting Service for Asset Managers Launched by Broadridge Ahead of Upcoming SFDR Requirements
With a track record of over two decades of subject matter expertise, the solution is based on already established processes for managing regulatory reporting for funds and an existing dissemination network to industry end points.
05/24/2022
FATF Landmark Report - A Guernsey Perspective
Its purpose: to provide an insight into its key findings from its fourth round of mutual evaluations
05/23/2022
New York City repeals rules governing auction houses
Some auction houses have signalled a willingness to act as though the regulations are still in place in the interest of promoting transparency, at least temporarily, in the market.
05/23/2022
Cayman Islands third party rights legislation
The Act facilitates streamlining by removing the need for a dual step approach to constructing third party rights in transactional arrangements.
05/23/2022
Court of Appeal: transfer of assets abroad tax rules should be ‘kept in reserve’
The comments, in a recent judgment, will be welcomed by taxpayers, said tax expert Josie Hills of Pinsent Masons.
05/20/2022
Setting up a family investment structure: will it be an OEIC, AUT or a FIC?
A variety of UK structures are typically considered, including an open-ended investment company
05/20/2022
New enhancements to the Jersey Limited Partnerships Law
A liquidator may now be appointed to carry out the winding up of an LP on the authority of the GP, the LP Law or the LPA.
05/20/2022
Tech providers in UK financial services face direct regulation
The EU’s proposed new Digital Operational Resilience Act (DORA) envisages direct regulation of major technology providers to financial entities
05/20/2022
Abu Dhabi financial watchdog weighs regulation of DeFi
The regulator reserved the option to approve specific DeFi protocols
05/20/2022
Guernsey private trust companies and foundations
The Commission issued updated guidance in November 2021
05/20/2022
African countries improve on Financial Secrecy Index, call for UN tax convention to end plunder
The Financial Secrecy Index 2022 reveals that five G7 countries alone
05/19/2022
Mishcon de Reya successfully defends £4 million claim brought by a former employee against Canaccord Genuity Limited
He alleged that he had been promised a retention award of £1 million of Canaccord shares in summer 2015.
05/19/2022
Beneficial Ownership Registration for BVI Entities Owning UK Property
Conyers can assist you to ensure that all relevant filings, updates and confirmations are made to ensure compliance with the ECA.