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Pensions risk transfer: tricky benefits to insure

DC underpins raise matching adjustment issues for insurers.

Alcohol licence holder duties in Scotland

The applicant must inform the licensing board of the conviction, including the nature of the offence and date of the conviction, within one month of the date of the conviction.

Proposed legislation signals step change for major infrastructure projects in Wales

The Bill clearly uses the 2008 Planning Act, which already applies to certain projects in Wales, as a starting point for the proposed regime.

Mayer Brown helps minority women entrepreneurs achieve ESG certification through B Lab partnership

The firm’s lawyers will assist companies with completing relevant portions of the B Impact Assessment

Retained EU Law Bill set to become law after clearing House of Lords

The House of Lords, which had been scrutinising the Bill, withdrew its objections after the government pledged to carry out consultations before making significant reforms to retained EU law.

Western Australia land law can benefit renewables and mining companies

As diversification leases are non-exclusive, they will not prevent access by third parties such as mining companies and will not extinguish native title rights or interests.

Lending by Insurers

The Law is wide ranging and seeks to regulate many financing activities which are commonplace in Guernsey and were previously unregulated.

Law enforcement agencies cracking down on cyber criminals

LockBit is the name of both a piece of malicious software and a group said to be behind criminal attacks on computer systems around the world.

Ireland limits public access to register of beneficial owners

Under the directive, the register of beneficial owners must include the names, dates of birth and countries of residence of beneficial owners as well as the size of their interest in the relevant company.

Important employment law reforms announced

This comes as part of news that the Government is intending to change its approach to retained EU law.

Taxation of Luxembourg Reverse Hybrid Entities: Initial Administrative Circular and Compliance Guideline (Form 205)

Additional administrative guidelines are anticipated, particularly regarding the collective investment vehicle exemption and the hybrid mismatch rules.

ESMA consults on sustainability in suitability and product governance

SFDR made certain changes to MiFID II, which have applied since November 2022.

Securitisation and Cayman Orphan SPVs – Part Three

This third article will focus on the administration of a Cayman Islands Orphan SPV as it relates to a securitisation transaction as well as the Cayman Islands entities which can be used in a securitisation structure.

The Cayman Islands: One Step Closer to Removal from the FATF Grey List

At the conclusion of the June Plenary, the FATF has announced that the Cayman Islands has made significant progress towards fulfilling its action plan, and has authorised an on-site visit.

GDPR data subject access rights clarified by CJEU

The Court of Justice of the EU (CJEU) also confirmed, however, that organisations will generally not have to reveal the identify of the employees

Training Opportunities in Conyers Trust and Corporate Services

Selected candidates will participate in a structured program that combines theoretical learning with practical hands-on client work

Sustainability disclosure standards to be published by ISSB

Publication is expected during week beginning Monday 26 June 2023.

Transfer by way of continuation into the Cayman Islands

Subject to any prohibitions, restrictions and/or requirements under the laws of the Relevant Jurisdiction, the Cayman Island's statutory procedure is very straightforward.

Regulation of virtual asset service providers (VASPs)

The regulation of VASPs is a new regime for the Bailiwick of Guernsey (the Bailiwick)

Record Keeping Update - Cayman Islands Regulated Entities

The guidance applies to all entities regulated by CIMA

Government Regulation