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Ban for accountant jailed over £400k theft from major City law firm

She worked for Clyde & Co, through its service company, from August 2008 until September 2017, when she resigned.

Dentons advises on the restructuring of Waberer’s debts

Following more than 15 months of extensive negotiations, structuring, drafting, and an ownership change of the company, the parties signed complex documentation for the long-term multi-source financing of Waberer’s and its affiliates.

South Africa POPIA: Final Guidance Note for Information Officers and Deputy Information Officers now published

The Guidance Note also provides welcome clarification in respect of the role of the Information Officer for private bodies that are juristic persons.

Economic substance requirements: overview

The requirements of the economic substance test vary depending on the relevant activities conducted and each relevant entity must make an annual report in order to enable its compliance with the requirements of the economic substance test to be assessed.

Ireland Update | Code of Practice on the Right to Disconnect

The Code does not create any new substantive rights for employees or offences for an employer.

A&O advises on EUR2.35 billion loan and high yield bond refinancing by Foncia

The financing consisted of a EUR1.3 billion term loan facility, a EUR437.5 million revolving credit facility, EUR400 million of 3.375% Senior Secured Notes due 2028 and EUR250 million of 5.000% Senior Unsecured Notes due 2029.

New filings for Cayman Islands private funds

This declaration must be filed with CIMA within 6 months of the financial year end of the private fund.

UBO Information in Cayman is safe from prying eyes

The BO regime is aimed at improving the exchange of information between Cayman and international regulatory

Rights of renewal for commercial tenants in Jersey

A tacit renewal is implied from the actions of the parties to the lease.

Lawyers, accountants face tougher rules, higher costs to act as company directors

The reform will mean that any warranted accountant or accountancy firm carrying out corporate services “by way of business”, will be subjected to a market entry or licensing requirement.

Using provisional liquidation offshore to preserve bondholder claims under keepwell deeds

Through a keepwell deed, the PRC parent company undertakes to keep the offshore bonds issuer solvent and financially stable so that it can meet its payment obligations in respect of the bonds.

Grey areas among the green: the impact of the EU's sustainability disclosure measures on Channel Islands firms

The EU's Regulation on sustainability related disclosures in the financial services sector (SFDR) is part of the EU's package of measures concerning environmental sustainability disclosures and procedures.

Cross-border employment between Hong Kong and Mainland China

Working outside your home jurisdiction can be as simple as doing business trips, as long as the nature and length of such trips are compatible with the location’s visa and tax requirements for the overseas location.

Towards a net zero carbon strategy for investors

The European Commission adopted a green hydrogen strategy in July 2020, which was designed to make green hydrogen competitive with fossil fuels through the creation of a favorable regulatory framework.

Mauritius a player in transparency – identifying Ultimate Beneficial Owners

This mandate for transparency in many jurisdictions has changed the game in the financial industry around the world and Mauritius as a responsible player has been no exception.

The Grand Court of the Cayman Islands confirms the midpoint approach for the fair rate of interest under section 238(11) of the Companies Act

The fair value of the shares in the company was determined at trial in 20192 as US$31.20 per ADS.

Government Regulation