05/26/2023
Australia continues crackdown on ‘greenwashing’ activity
The document is a useful indicator of how ASIC intends to exercise its surveillance and enforcement powers with respect to suspected greenwashing activities.
Government Regulation
05/26/2023
How does the UK 'Non-Dom' regime compare to other jurisdictions?
Once a visa has been obtained, two potentially beneficial tax regimes exist in Italy for individuals in different situations
05/25/2023
Significant Risk Transfer Transactions
Ireland has a favourable legal and tax framework
05/25/2023
Economic substance fines and penalty notices
For clients to whom we provide registered office services, we would like to remind you that when you submit your economic substance notifications and returns through Harneys Connect, the submission process does not include a review by one of our experts.
05/25/2023
ELTIF 2.0 reforms designed to boost European Long-Term Investment Funds
The new regulation contains several enhancements to the previous ELTIF regime, known as ELTIF 1.0, bringing significant new opportunities for the investment fund industry.
05/25/2023
Made In Italy Bill: promoting Italy's unique manufacturing excellence
This legislation aims to enhance the country's global competitiveness, protect and promote authentic Italian products and safeguard traditional artisanal practices.
05/25/2023
Business strategies adapt to the GDPR and its effect on technological change
This, they said, occasionally leads to the lack of investment in the necessary resources to adapt to the GDPR regulatory reality. Despite this, they see scope for things to change.
05/24/2023
Crown Dependencies announce joint approach to Pillar Two Framework
Guernsey, Jersey and the Isle of Man each intends to implement an "Income Inclusion Rule"
05/24/2023
Bermuda Extends Streamlined Actuarial Work Permits Pending Policy Review
The expedited process grants employers time-saving benefits
05/24/2023
Cayman Islands funds – CIMA regulatory measures update
This Rule requires that the operators of a regulated fund must meet at least once a year.
05/24/2023
Irish misconduct dismissal ruling shows risk of failing to apply fair procedures
The High Court concluded that it would not be appropriate to make an order which would compel the employer to bring Buttimer back to work.
05/24/2023
Germany introduces new Whistleblower Protection Act
Failure to set up a reporting office can only be punished with a fine six months after entry into force.
05/23/2023
Record GDPR fine and order issued over data transfers
This decision is flawed, unjustified and sets a dangerous precedent for the countless other companies transferring data between the EU and US.
05/23/2023
New Guidance for First-Time Buyers in Jersey - Who Qualifies?
In summary, a first-time buyer must have entitled residency status, must occupy the property as their principal place of residence and must not have owned residential property anywhere else in the world.
05/22/2023
The BVI Civil Procedure Rules Undergo Significant Amendment
The significance of the Amended CPR coming into force is that with effect from 31 July 2023
05/19/2023
UK reforms on retained EU law move towards final phase
The Retained EU Law (Reform and Revocation) Bill passed through the report stage in the House of Lords on Wednesday
05/19/2023
BVI Annual Return
The annual return takes the form of a simple unaudited balance sheet/statement of financial position and an income statement.
05/19/2023
Island Development Plan review
The IDP is valid for 10 years
05/18/2023
Cayman AEOI: What Investment Managers Need to Know about FATCA and CRS Reporting
The Maples Group has deep experience in providing up-to-the-minute legal advice and financial services solutions that support compliance with regulatory requirements under AEOI.
05/18/2023
Employment law issues in Channel Islands insolvencies
The risks are not abstract – procedural mistakes in the management of redundancy exercises can lead to liabilities not just for the company but also for the insolvency officeholders on a personal basis.