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Government Regulation

12/01/2025

Amendments to the Common Reporting Standard: Summary of key changes

This agreement was implemented in the Cayman Islands in 2015 in the form of the Tax Information Authority (International Tax Compliance) (Common Reporting Standard) Regulations

11/28/2025

Removal of a protector – Royal Court of Guernsey confirms power to remove fiduciaries

This case is significant because it confirms that Guernsey courts will act to remove fiduciaries, including protectors, when their involvement impedes the proper execution of a trust.

11/28/2025

Understanding Bermuda's proposed Payment Services Act: Licensing framework and next steps

The BMA intends to establish Class R as a separate licence class, to facilitate cross-border operations where home-state standards are equivalent.

11/28/2025

Salary sacrifice, surpluses and inheritance tax: what the UK Budget means for your pension funds

Employers have time to evaluate whether to continue offering salary sacrifice, including for bonuses or redundancy payments.

11/28/2025

Commission Delegated Regulations on Liquidity Management Tools for AIFs and UCITS

Both Regulations cover the same suite of liquidity management tools listed in Annex V to AIFMD and Annex IIA to the UCITS Directive.

11/28/2025

The Benefit Entities Act 2025 - Bermuda

Under Bermuda's legislation, traditional companies that do not opt-in to become a benefit company will not be impacted in any way.

11/28/2025

Navigating UK SIPP and DC pension changes: what fund managers and trustees need to know

These changes highlight the importance of trustee accountability, product governance and the transparency expected from fund offerings linked to pension assets.

11/27/2025

OFAC Announces $4.7 Million Penalty on Real Estate Investor for Dealing in Blocked Property Linked to Russian Oligarch

This is by far the largest penalty OFAC

11/27/2025

Dentons launches new Consumer Portal for clients

Enacted in May 2024, the DMCCA has been implemented in stages, with most of the consumer law provisions coming into force on 6 April 2025.

11/27/2025

Restructuring in Japan is subject to stringent requirements

Redundancy termination is often a key component of global restructures, however, unilaterally terminating employees in Japan is subject to extremely stringent requirements.

11/26/2025

Fact or fiction: the doctrine of fictional fulfilment in Jersey contract law

The Supreme Court reasoned that there were no English law authorities in support of the principle of fictional fulfilment.

11/26/2025

UK data centres approved by parliament as ‘nationally significant infrastructure projects’

Baroness Taylor said: “Data centres produce significant heat; the technology exists to capture that and use it in district heating networks or to meet significant demand.

11/26/2025

JBCC: avoiding payment issues under the PBA

There is also guidance for recalculating the cost based on work omitted, which is determined by using the same methods.

11/26/2025

'Radical reset’ needed to simplify UK nuclear regulation, claims industry review

It found that the current regulatory environment around nuclear developments was overly complex

11/25/2025

BVI Update: Initial Annual Financial Returns Deadline for Limited Partnerships

The first financial period that is in scope for BVI limited partnerships is 2025, i.e. for a limited partnership with a 2025 calendar year, the annual return will be due from 1 January 2026.

11/25/2025

The Legal Profession Bill, 2025: Pending Changes to the Legal Industry in The Bahamas

The Bill was projected to come into force in the first quarter of 2025.

11/25/2025

Navigating Philippine labour laws during a global restructure

The contractor must comply with the requirements involving substantial capital or investment, control, and registration under Philippine law.

11/25/2025

Navigating a global restructure in China

Chinese law strictly limits the grounds for terminating employment.

11/25/2025

VISU sanctions reporting in BVI due 30 November

The annual reporting obligation will be relevant to (among others) BVI funds holding underlying assets that are frozen

11/25/2025

Court rules updated in the Qatar Financial Centre

The new court rules took effect on 4 June 2025.

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