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Hong Kong Stock Exchange to increase the profit requirement for listing eligibility to HK$80 million

And heighten scrutiny of suspicious IPO related practices

ICLG Aviation Finance And Leasing Guide 2021

Ireland is also attractive due to the confidence in the legal and court system (which is broadly based on English common law) and the number of aviation experts and leasing companies based in Ireland.

Hong Kong seeks power to jail unlicensed bitcoin trading as city looks to combat money laundering via crypto-exchanges

Exchanges and start-ups expect smaller players to quit as the city will only permit trading by professional investors

The Guernsey Private Investment Fund

Flexibility of form: can take a variety of legal forms, including a company, unit trust, limited partnership or other vehicle or entity approved by the GFSC.

Belgium guarantees basic banking service for undertakings

The Act aims to ensure that undertakings can open a payment account in Belgium, which is a legal requirement for undertakings to establish and pursue their business activities in Belgium.

European Supervisory Authorities Report on the Implementation and Functioning of the Securitisation Regulation

Due Diligence: the Report recommends additional guidance specifying (i) how adequacy and proportionality could be achieved in the context of due-diligence (in particular for STS transactions); and (ii) how investors are expected to perform due-diligence a

Full Steam Ahead: Second Draft of China's Personal Information Protection Law and Data Security Law

The effect of this article is that online platform service providers based overseas, may need to comply with the above requirements even if they do not have an onshore presence, and/or will have to establish an office or appoint a legal representative in

Update on the English law position regarding inducement

Insurers’ position (and on appeal) was that “deliberate acts” means actions which are intended to cause injury, or acts which are carried out recklessly as to whether they will cause injury

European Commission recommends rejection of UK’s application to accede to 2007 Lugano Convention

The Convention covers jurisdiction, and the recognition and enforcement of judgments in civil and commercial matters, between its contracting states.

Embracing eDiscovery Technology in Competition / Anti-Trust Cases

The benefits of eDiscovery technology are clear to see in the litigation arena and the technology is now widely accepted and even encouraged by U.K. courts through the Disclosure Pilot Scheme.

UK adopts bespoke global anti-corruption sanctions regime

Readers may remember that the UK's autonomous sanctions regime came into effect at 11 pm on 31 December 2020

Bermuda Registrar of Companies New Registry System: Impact on Economic Substance Declaration Portal

Economic Substance Declarations that have been started must be finished and submitted by 3 June.

Court backs Irish regulator on Facebook data transfers inquiry

Those questions were focused around the adequacy of data protection provided by legal tools many businesses rely on for transferring personal data outside of the European Economic Area (EEA) in the course of their operations, including to the US.

UK pension transfers to be subject to red flag anti-scam regime

For transfers to occupational pension schemes, trustees will need to confirm the member has demonstrated an employment link with the scheme before the transfer takes place.

Independent financial adviser prohibited from finance industry

Our investigation also concluded that Mr Hussain continued to have contact with clients when the regulator had imposed directions on him not to do so.

Court Dismisses Flawed Restrictive Covenants – Why Jersey and Guernsey Employers Should Review Contracts

The judge also declined to enforce the non-solicitation and non-dealing covenants on the same basis.

Latin American Investor Files Six-Figure Northstar (Bermuda) Fraud Claim Against Truist Investment Services

The claimant invested mostly in bank products and checking and savings accounts with SunTrust.

Remuneration disclosures improving among UK companies, research finds

“Many companies are going to have to do better if they want to ensure greater investor support for their directors’ remuneration report at their next AGM,” Benns said.

Scaling the climbing wall

Escalation and cascade in financial institutions

China bans financial, payment institutions from cryptocurrency business

China has banned crypto exchanges and initial coin offerings but has not barred individuals from holding cryptocurrencies.

Government Regulation