08/25/2023
PTC update: clarification of application of NPTO
These developments provide welcome clarification in respect of the application of the "as a business" test to PTCs, and other corporate bodies, acting as a trustee of an express trust.
Government Regulation
08/25/2023
Private investment funds in the BVI
The licensing process for private investment funds is reasonably straight forward and typically dealt with within a couple of weeks of filing the licence application.
08/25/2023
New rules issued on building safety for when buildings are occupied
There are no new statutory provisions on this particular topic in the new regulations.
08/25/2023
FIFA’s new agents regulations require clubs to prepare
The validity of the Regulations was tested in a legal challenge brought before the Court of Arbitration for Sport, which ruled against the Professional Football Agents Association last month.
08/24/2023
PRC-Hong Kong MoU Signed: Will Cross-border Data Transfers within the Greater Bay Area Be Easier Now?
Supporting measures for the MoU are reportedly being drafted to provide more guidance on PRC-HK cross-border data transfers.
08/24/2023
Update on Portugal's Golden Visa Regime
As a reminder, Portugal's Golden Visa scheme, which opened in 2012, grants individuals visas in return for investments into Portuguese investments or purchase of real estate.
08/24/2023
Watchdog seeks data protection constraints on EU open finance plans
The legislative process can take months if not years.
08/24/2023
Scottish health and safety fines ‘rising to English levels’
Linbrooke had sought to reduce its fine further
08/23/2023
Australian court: application to set aside judgment debt must comply with formalities
Evidence in support of the grounds to set aside which is filed later than this period will not be capable of being relied on by the applicant at hearing, which may result in the application failing on jurisdictional grounds.
08/23/2023
Hogan Lovells files brief on behalf of March For Our Lives urging Supreme Court to prohibit domestic abusers from possessing guns
SCOTUS will decide whether domestic abusers have a right to own guns in U.S. v. Rahimi
08/23/2023
The Chamber of Commerce of Milan's arbitration rules
The recent arbitration law reform now allows parties to grant the arbitral tribunal with the power to issue interim measures modernising Italian arbitration law
08/23/2023
Microsoft tries again to get UK clearance for Activision deal
The CMA has confirmed that it has opened a fresh ‘phase 1’ investigation into the restructured deal.
08/21/2023
Updates proposed to Queensland wind farm development code
Among those changes, and consistent with the regulatory trends in other Australian jurisdictions, is a requirement for wind farm proponents to ‘front load’ environmental assessments prior to approval.
08/21/2023
Introduction of mandatory Energy Performance Certificates in Jersey
The Government has since issued a progress report in July 2023 on the implementation of the Carbon Neutral Roadmap.
08/21/2023
SEC Proposes New Rules
Proposed Rule Requires Broker-Dealers and Investment Advisers to Eliminate or ‘Neutralize’ Conflicts of Interest
08/21/2023
All change in the Eastern Caribbean as new CPR comes into force
As a result of the amendments, the CPR has undergone some significant changes
08/21/2023
EEOC Proposes Rules to Implement the Pregnant Workers Fairness Act
The EEOC will have until 29 December 2023 to issue the final regulations once the comment period closes.
08/21/2023
New Saudi ‘insurtech’ rules will help ‘foster innovation’
The Kingdom’s fintech sector sees no sign of slowing up
08/18/2023
Public consultation in the UK
Consultation allows public bodies exercising powers to fully understand and consider the impacts on those affected.
08/18/2023
British heat networks regulation proposals welcomed
Chang said some key aspects to the regulatory framework were not covered by the consultation, including the approach to carbon emissions limits and step-in and safety limits.