04/16/2021
UK tax compliance and enforcement for wealthy individuals
Cases are chosen for the programme if there is a significant amount of tax at risk and it is thought that compliance interventions by the HRWP will add value.
Government Regulation
04/16/2021
Kenya proposes 'investor friendly' PPP law reforms
The bill also envisages a more robust project management and institutional framework through the establishment of a PPP Directorate and project implementation teams.
04/16/2021
BCBS Issues Two Climate-Related Reports Highlighting Work Remaining
This Legal Update provides further detail on what the reports reveal regarding progress made in the assessment and quantification of climate-related financial risks by banks and their supervisors and comments on the further work that remains.
04/16/2021
Walkers Acts on Kettle Limited's Bermuda Innovative Agent Licence
Walkers was led by Bermuda partners Peter Dunlop and Natalie Neto, supported by Senior Associate Rachel Nightingale.
04/15/2021
AML systems and controls – an ever-increasing area of focus
Mr Steward addressed how seriously the FCA takes this crucial area of regulatory focus and reiterated the requirement for firms to have in place systems and controls that are purposeful and efficient in managing financial crime risk.
04/15/2021
ADGM Introduces Regulations Governing SPVS and Foundations
The public consultation commenced against a backdrop of success in, and increasing demand for, incorporating SPVs and foundations in the ADGM.
04/15/2021
Ferbrache & Farrell assist on first limited partnership migration out of Guernsey using new legislation
The application involved both Guernsey legal and regulatory aspects, as well as dealing with US Counsel in order to ensure the migration into Delaware.
04/15/2021
Eversheds Sutherland advises NBIM on a first investment in renewable energy infrastructure
It manages assets worth more than €1.042 trillion. The fund is invested in international equity and fixed-income markets and in unlisted real estate.
04/15/2021
Ridge Barker comments on the SEC's latest guidance on special purpose acquisition companies
Ridge adds that a slowdown in SPAC activity could last two months given the agency’s latest accounting advice.
04/15/2021
Lock ‘em up? The Pensions Regulator’s new criminal powers
Anyone prosecuted by TPR for these offences faces up to seven years in prison and a potentially unlimited fine.
04/15/2021
Ireland Update – Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021
These obligations are expected to come into further focus as the European Commission designates additional high-risk third countries in response to the FATF expanding its list of monitored jurisdictions.
04/15/2021
Latham & Watkins Advises Financial Advisers in Coinbase Direct Listing
Latham represented the financial advisers to Coinbase in its direct listing with a capital markets team led by New York partners Marc Jaffe, Greg Rodgers, and Benjamin Cohen, with New York associates Brittany Ruiz, Jonathan Hernandez, and Darby Dietrich.
04/15/2021
Walkers' Guernsey team advises Platinum Compliance on sale to Ocorian
Platinum Compliance's regulatory and compliance services will now be also offered by Ocorian as part of an integrated client service offering.
04/15/2021
FCA bans and fines Warwickshire adviser
Today’s ban should act as a deterrent to other senior individuals who abuse a position of trust.’
04/15/2021
What Rules Will Apply to Jurisdiction and the Enforcement of Judgments After Brexit? Part Five
Conflicting reports have emerged in recent days as to whether the EU will approve the UK’s application to join the Lugano Convention 2007
04/14/2021
Enforcement of judgments: Brussels opposes UK entry to the Lugano Convention legal pact
Brussels is pushing for the UK to not be able to join the Lugano Convention, an international legal pact, after officials held a crunch meeting yesterday.
04/14/2021
Kuwait court orders pre-trial detention of former premier, newspapers say
The court denied a request to release Sheikh Khalid, also a senior member of the Gulf Arab state's ruling family, Al Jarida and Al Qabas dailies said
04/14/2021
Dentons adds Competition and Economic Regulation heavyweight to its IPT practice
Don has also advised on numerous regulatory proceedings related to the Australian Securities and Investment Commission, the Australian Competition Consumer Commission and the Reserve Bank of Australia
04/14/2021
The link between purpose-led businesses, ‘B Corp’ certification and the Better Business Act
With the campaign for the new BBA gaining momentum and set to hit a major milestone
04/14/2021
A closer look at gender-lens investing
While gender-lens investing is spoken about in the industry and at a regulatory level, meaningful execution is distinctly lacking.