01/12/2022
The regulator wants to assess whether the RTS developed under the Markets in Financial Instruments Regulations, covering certain transparency and data reporting requirements, need to be amended in order to be effectively applied to securities issued, trad
01/11/2022
FinCEN Seeks Guidance on Applying Corporate Transparency Act Reporting Obligations to Trusts and Estates
In response, FinCEN recently released proposed regulations governing the CTA and has requested comments on how to apply the proposed regulations to certain kinds of trusts.
01/11/2022
SEC Issues Awards Totaling More Than $4 Million to Whistleblowers
"These awards highlight the importance of the SEC’s whistleblower program to the agency’s enforcement efforts and to its ability to maximize staff resources."
01/11/2022
FCA to review competition concerns in wholesale data market
By the end of the year, the FCA will launch a second market study to assess whether high charges for access to credit ratings data is adding costs to investors and limiting new market entrants.
01/11/2022
US and Malta agree joint crackdown on pension plan abuse
This came to light after both authorities found that US taxpayers with no connection to Malta were misconstruing the pension provisions of the Treaty to avoid income tax on the earnings of, and distributions from, personal retirement schemes established i
01/10/2022
Important update for owners of French property: changes to succession law in France
This changed in 2015 when the EU Succession Regulation came into force.
01/10/2022
The CBI also noted that the QIAIF’s prospectus should detail the role of the AIFM with respect to its ongoing oversight and review of services provided by such non-discretionary investment advisors.
01/07/2022
The rules will also increase transparency around the use of shell entities for tax authorities with greater information exchange protocols.
01/07/2022
The FCA was also requested to clarify how the MIFIDPRU rules
01/07/2022
Department of Justice is acting under new laws to intensify regulatory inspections of art traders and intermediaries
01/07/2022
Standard has proactively brought about operational changes in an effort to address the issues identified and the concerns of the Authority.
01/06/2022
The opinion also includes a report on the impact of de-risking on access to financial services, which considers a number of issues in more detail.
01/06/2022
This Update takes a close look at the key features of the 2022 Rules by reference to some of the reservations that have been expressed in the past, and includes a brief comparison with other major institutional rules.
01/05/2022
Guidance for businesses and their advisers on CMA's procedures for operating the merger control regime under the Enterprise Act 2002.
01/05/2022
The Commission considers there is a role for natural gas and nuclear as a means to facilitate the transition towards a predominantly renewable-based future.
01/05/2022
“The goal of the judicial system and courts in Dubai is to deliver prompt justice in a country where the law prevails,” he added.
01/04/2022
The order finds that, beginning in approximately June 2020, Polymarket had been operating an illegal unregistered or non-designated facility for event-based binary options online trading contracts, known as “event markets.
01/04/2022
In addition, Jersey will continue to engage with the EU institutions and Member States on a range of important issues in line with our good neighbour policy.
01/03/2022
Beginning 2 January 2022, the entirety of the United Arab Emirates’ existing labour law (Federal Law No. 8 of 1980) and any subordinate regulation will be repealed and replaced with the new Federal Decree-Law No. 33 of 2021 (the Labour Law Decree).
12/30/2021
The complaint alleges that when the existing valuation firm refused to cave to Murstein’s pressure to increase the Bank’s valuation, Murstein fired the firm and hired a new firm to provide an inflated valuation of the Bank.