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Mozambique loans: FINMA concludes proceedings against Credit Suisse

Overall FINMA concludes that the Group’s risk management in connection with the Mozambique loans was seriously deficient.

SPACs: what should be included in a Luxembourg prospectus?

This Public Statement has been supplemented by specific guidelines issued by the Luxembourg Stock Exchange (LuxSE) in August 2021.

BVI and Nevis trusts case a 'dangerous game of double or quits' rules High Court judge

A few days later the UK company set up a remuneration trust (the First trust) for the benefit of its employees excluding Mr and Mrs Bhaur, to be funded by the transfer of the beneficial interest in the properties.

Funds & Investment Management Update- Ireland And Luxembourg- Q3 2021

The Central Bank's approach in relation to cryptoassets will be kept under review

Dutch regulatory authorities strengthen cooperation over regulation of digital activities

Martijn Snoep, chairman of the board of ACM added that a coherent and coordinated approach was needed to respond effectively to the rapid pace of new developments in the digital landscape.

New operation to protect next generation EU recovery funds

Launched at Europol, Operation Sentinel will contribute to a concerted response to an expected fraud wave

UK Outlines Beneficial Tax Treatment For Asset Holding Companies

The enhancements to the UK fiscal framework will aim to capitalise on the UK's strengths

How stricter rules on foreign investment screening impact tech M&A in Europe

A study carried out by Pinsent Masons, the law firm behind Out-Law, in partnership with other firms in its European network, identified the trend as well as associated risks that must be navigated by European technology companies when involved in mergers

Changes to SPACs regulation will impact European tech M&A

That is changing, though, with several countries, including the UK, embracing reform in the hope of encouraging greater investment to enable innovative businesses to grow.

Uncertainty around Transfer of Assets Abroad regime increases following latest Fisher case judgment

The judgment has important implications for anybody advising on the Transfer of Assets Abroad regime

Financial Regulation : Daily Update

The changes affect financial counterparties and non-financial counterparties that are, or may become, subject to the DTO.

Recognition of Singapore's scheme moratorium in the UK: a bump in the road

The long arm of the Rule in Gibbs

Collas Crill Advises on Authorisation of World's first tier one Bitcoin ETF

It is Jacobi’s intention to list the fund on Cboe Europe, one of the largest pan-European equity exchanges, subject to Financial Conduct Authority (FCA) listing approval.

Walkers Cayman Acts on IHS Holding Limited's NYSE IPO

The Walkers team worked alongside Latham & Watkins' London and New York teams and was led by Cayman Islands partners Rolf Lindsay and Andrew Barker, with assistance from associate Sam Francis.

Netherlands passes law for more gender equality in leadership positions

The new regulation replaces an earlier ordinance that was based on the 'comply or explain' principle and applied from 2013 to 2020

FCA: Financial promotions quarterly data

This data includes statistics about how we review and act on certain non-compliant financial promotions.

Adviser fined £116k by FCA for 'reckless and unsuitable' pension advice

The FCA found that Mr Hussein advised customers to switch their existing pensions when this was often unnecessary and not in their best interest.

US Securities and Exchange Commission Increases Focus on Cybersecurity

These enforcement actions highlight the SEC’s attention to cybersecurity and its scrutiny of written documentation and disclosures following incidents.

The UK Government is not a “competent local authority"

The Policyholders each run hospitality businesses including a variety of restaurants, cafes, bars and public houses.

Limits of ‘representative action’ procedure highlighted by Court of Appeal

In England and Wales, mass claims can be brought via other procedures.

Government Regulation