04/27/2021
Firm Supports Institute for Well-Being in Law as an 'Inaugural Founding Champion
Backing underscores the firm’s commitment to advancing well-being in the profession.
Government Regulation
04/27/2021
Funds & Investment Management Update - Ireland and Luxembourg - Q1 2021
On 1 March 2021, the European Banking Authority ("EBA") published its final report with revised guidelines on customer due diligence
04/27/2021
Financial Recovery Technologies Enters into a Strategic Alliance with BNY Mellon
This alliance ensures BNY Mellon clients have the most complete coverage and governance solutions to optimize their exposure to litigation opportunities.
04/27/2021
Battea Class Action Services and Apex Group partnership offers clients securities litigation recovery services
This partnership will provide Apex Group’s institutional clients, including hedge funds and asset managers, with access to Battea’s “best in class” claims processing technology
04/26/2021
AIIB launches sustainability bond framework
Under the framework, AIIB will publish its annual reports on of the environmental and social benefits of the Bank's overall portfolio level and project level on its website.
04/26/2021
European Data Protection Board issues opinions on European Commission’s draft UK adequacy decisions
The Opinions largely support the draft UK adequacy decisions and represent a positive step towards adoption of formal UK adequacy decisions.
04/26/2021
Cayman Islands Private Funds Act Extension to Filing Deadline for Audited Accounts
The Regulations set out the information a registered private fund must provide to CIMA, including in respect of each of the fund’s related fund entities, alternative investment vehicles and sub funds.
04/26/2021
Financial Regulation, Transparency, and Compliance: Switzerland in the top tier yet again
Given the importance of the banking sector for countries like Switzerland or the UK, the index documents and highlights efforts and developments relative to other financial centers.
04/26/2021
Tributes to “trailblazer” who paved way for Jersey women in law
She was then sworn in as an Advocate of the Royal Court in August 1968.
04/26/2021
The European Commission Unveils New Sustainable Finance Package
The package focuses on material sustainability reporting and disclosure obligations, as the EU looks to direct capital toward sustainable activities.
04/23/2021
Protection of Depositors (Amendment) Act, 2020
The Fund was established in 1999 to provide a crucial financial safety net of up to $50,000.00 for Bahamian dollar depositors in the event that a licensed bank fails.
04/23/2021
Guernsey funds team assists Chrysalis Investments with £300 million share issue
This latest share issuance is the first under this new Placing Programme.
04/23/2021
UAE introduces guidelines to combat anti-money laundering
The guidelines are set to be published on the NAMLCFTC and other regulatory bodies’ websites, to increase knowledge of the rules and ensure action by licensed entities.
04/23/2021
£140000 fine against Standard Chartered Guernsey subsidiary
A licensee is expected, at all times, to comply with the requirements of the Regulations
04/23/2021
Revision of the PIF Rules in response to industry consultation
The introduction of the two new routes for registration (neither of which require a Guernsey licensed manager) will be of particular interest to private capital
04/23/2021
Malta mired in golden visa scandal
Investigation reveals millionaires were given passports despite not meeting the conditions
04/22/2021
CP140: Consultation On New Cross-Industry Operational Resilience Guidance
Industry feedback on the proposals is sought, with the deadline for responses being 9 July 2021.
04/22/2021
European Commission publishes landmark Artificial Intelligence regulatory package
In Brussels today, the European Commission unveiled a much-anticipated new rulebook on Artificial Intelligence.
04/22/2021
Linklaters assists the UK Jurisdiction Taskforce on its Digital Dispute Resolution Rules
The rules follow the publication of the UKJT’s landmark Legal Statement on Cryptoassets and Smart Contracts in November 2019
04/21/2021
Upcoming amendments to BVI trust and estate laws
At present, pursuant to section 58 of the TA, the Court has power to approve variation of trusts on behalf of persons who are infant or under incapacity, contingent beneficiaries, unborn persons and beneficiaries under protective trusts.