02/06/2023
‘Failure to prevent’ fraud, false accounting or money laundering to be a UK criminal offence
Currently, ‘failure to prevent’ offences exist in the UK in respect of bribery and the facilitation of tax evasion.
Government Regulation
02/06/2023
The Energy Transition | European Commission announces €250 billion Green Deal Industrial Plan
Welcome to our top picks of the latest energy regulatory and market developments in the UK's transition to net zero
02/03/2023
Observations on D&I strategies in financial services
The FCA reviewed a sample of 12 firms across multiple sectors.
02/03/2023
A checklist for preparing for the Unified Patent Court (UPC)
Pinsent Masons has examined the actions businesses should take now to prepare for the UPC to mitigate the risks of competitors gaining ground, and has developed the checklist below to guide businesses in their preparations.
02/02/2023
Bermuda Cyber Risk Code Compliance Deadline
Each Relevant Legal Institution is also required to appoint a Chief Information Security Officer to oversee and implement its cyber risk programme and enforce the cyber risk policies.
02/02/2023
Bermuda Insurance Code of Conduct: Conduct of Business and Conflict of Interest Policy Compliance Deadline
The remainder of section 8 of the Code of Conduct also requires compliance by 1 March 2023.
02/02/2023
Time runs out for registration of overseas entities
OEs still needing to register under the new regime should contact us urgently for assistance to avoid further penalties applying.
02/02/2023
UK government to invest more in medical devices regulatory capacity
The government has also accepted in principle a recommendation to invest in the UK as a global centre for regulatory science
02/02/2023
Consumer duty compliance takes centre stage in FCA authorisation process
The FCA has provided a list of materials applicants could rely on to support their compliance with the consumer duty.
02/01/2023
UK government proposes statutory dismissal and re-engagement code
The code recognises that dismissal and re-engagement is a lawful strategy for changing employee terms and conditions where there is a real business need to do so.
02/01/2023
Cayman Funds: New Rules Are Coming - Are You Compliant?
Operators of funds must ensure the conduct of the fund and its service providers is in accordance with these regulatory measures.
02/01/2023
Funds & Investment Management Update - Ireland and Luxembourg - Q4 2022
This quarter's highlights include the publication of the Central Bank of Ireland's consultation on proposed new prudential rules for UCITS ManCos and AIFMs with MiFID permissions
02/01/2023
FCA warning on pre-paid probate plans could signal increased regulation
The FCA warned that pre-paid probate plans are not protected by the Financial Services Compensation Scheme (FSCS) and there is no requirement for money to be held in trust or backed by insurance.
02/01/2023
Dentons included in the legal panel of CNIC Corporation limited
CNIC was first incorporated in Hong Kong in May 2012, with an initial capital of US$11.111 billion.
02/01/2023
Doing business in the UAE: foreign investment
With some exceptions, a foreign entity will be required to establish an entity in the UAE if they wish to carry on business.
02/01/2023
UAE regulator overhauls regimes for foreign and domestic funds
The SCA has so far approved around 2,000 foreign funds to promote and offer their funds through licensed promoters in the UAE.
01/31/2023
DORA: New EU Operational Resilience Regime for the Financial Sector
Notably, certain unregulated technology providers, such as ICT third-party service providers, are now within the direct scope of financial regulatory requirements for the first time.
01/31/2023
Strike off, dissolution and restoration under the BVI Business Companies Act
This guide examines procedures by which the name of a company may be struck off, or restored to, the Register under the Act.
01/31/2023
Taking security over shares in a Cayman Islands exempted company
This guide examines the creation of security over shares in a Cayman Islands exempted company.
01/31/2023
UAE changes commercial agency law to encourage more foreign investment
The new law is a positive development in encouraging foreign investment and international businesses to continue to move to and operate in the UAE.