06/13/2023
Key Points: Schemes of Arrangement in the Cayman Islands
A scheme is an effective restructuring tool used for reorganising a solvent company or rescuing a distressed company.
Government Regulation
06/13/2023
Guide gives clarity on calculation of GDPR fines
Under the GDPR, there are three fine classifications.
06/13/2023
Bright future for UK listed companies looking to grow through M&A
If the FCA’s proposals are implemented, the significant transactions regime in the listing rules will be radically re-written.
06/12/2023
Foreign investment in Denmark: New rules, and the first prohibition
The Danish Investment Screening Act (DISA) has been in force since 1 July 2021
06/12/2023
UK-US ‘data bridge’ to complement EU-US ‘Privacy Shield 2.0’
Both the EU General Data Protection Regulation (GDPR) and its UK equivalent impose restrictions on the transfer of personal data internationally, outside of the European Economic Area (EEA).
06/12/2023
Digital transformation drives EU customs reform
E-commerce platforms will have to make sure correct customs duties and VAT are paid at purchase, so consumers will no longer face hidden charges or unexpected paperwork when the parcel arrives.
06/12/2023
Scottish deposit return scheme a victim of UK regulatory divergence
The change would also give industry more time to prepare for the restrictions on advertising
06/12/2023
Allen & Overy marks its third year of supporting the Google Black Founders fund
The £3.3 million (USD4mn) Black Founders Fund provides financial support and mentorship to Black-led startups in Europe.
06/09/2023
Privilege case helps clarify limit of legal confidentiality in Scots law
The university had already handed over a later version of the report that had been edited by its legal team.
06/09/2023
ICO issues new DSARs guidance for employers
The bond has been documented under Italgas’ Euro Medium Term Notes Programme
06/09/2023
Case studies – how our five law offering adds value to private clients
The Units of the trust were also being transferred
06/08/2023
Bermuda – Economic Substance Declaration Filings – June 2023 Alert
Such Declaration Forms must be filed annually, within six months of the last day of the entity’s financial year.
06/08/2023
Clampdown on Russian sanctions circumvention
The guidance warns that Russian entities are unlikely to contact Western entities directly for restricted goods
06/08/2023
International harmonisation of digital asset law and regulation: a series of meaningful steps, but a long road ahead
The novel nature of digital assets and their markets has raised fundamental questions as to how they should be treated from a legal and regulatory perspective.
06/08/2023
Service providers' duties under CI discrimination law - minimising legal risk
Service providers must not discriminate against or harass their customers, and must make reasonable adjustments for disabled customers.
06/08/2023
UK Government to launch Electronic Travel Authorisation scheme
The procedure is promised to be simple and fast.
06/08/2023
Scots law reform relevant to transactions and disputes to be explored
The SLC said it would undertake a “general examination of limitation law”
06/08/2023
European Commission to introduce stronger rules against corruption
Sanctions for individuals and organisations found guilty of corruption would be increased under the new draft rules.
06/07/2023
FCA seeks to expand firms’ obligations to borrowers in financial difficulty
The FCA has been alive to this.
06/07/2023
UK export control law breaches attracting million pound civil penalties
Keen said: “The recent stats show that compound penalties around the million pound mark for breaching the UK’s export control laws are no longer uncommon.”