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Review Luxembourg outsourcing contracts, financial firms urged

The CSSF has developed template forms to support prior notification.

Vietnam calls for up to US$14bn annual power investment

Vietnam plans to seek private investment for these projects, according to a news report.

Columbus Family Law Attorneys at Grossman Law Offices Recognized in 2023 Best Lawyers

Six attorneys from Columbus-based Grossman Law Offices were recognized in the 2023 edition of The Best Lawyers in America® and the Best Lawyers: Ones to Watch™.

UK Government proposes a new approach to regulating artificial intelligence (AI)

Businesses should also consider who is responsible for AI governance and risk management strategy within their organisation and prepare to align their internal AI strategy with the proposed principles.

Are pay rises the only option for employers wanting to support employees with the cost of living crisis?

The rising energy costs, ongoing supply chain disruption and labour shortages mean that many employers are simply not in a position to permanently raise wages enough to counter the impact of the cost of living crisis on their employees.

US fundraising for foreign charities

This paper outlines the legal requirements that must be satisfied to establish and operate a US charitable affiliate organization to raise contributions by US residents.

UK Home Office scraps Police Registration Scheme for migrants

Migrants who have been issued with a visa with the requirement to register now no longer need to go to a police station to register

Probuild ruling changes common law stance on constructive acceleration claims

Probuild was delayed in completing the project and submitted an EOT claim to the project manager which was ultimately rejected.

Changes to the ex gratia regime under the Charities Act 2022

An ex gratia payment is not to be confused with a payment to compromise a legal claim

Charities Act 2022 - simplifying property sales in estates (a step too far?)

Only time will tell, and whilst there is no reason why this should necessarily be the case, charities should be alive to the potential risks when the new regime comes into force.

SEC Staff Posts Conflicts of Interest Guidance for Investment Advisers and Broker-Dealers

The Bulletin is styled as a “Q&A” and covers, among other matters, identification,2 elimination, and mitigation of conflicts, as well as conflicts policies and procedures.

Cyber Accreditation Body Releases Draft Assessment Process Applicable to Government Contractors

The Draft CAP will be part of the Department of Defense’s process to verify that contractors possessing sensitive unclassified government information take necessary steps to protect their information systems and data from the threat of cyber attacks

Shoosmiths to share success with new collegiate bonus scheme

The Shoosmiths Employee Bonus has an on target pay-out for all employees of 5% of basic salary for the performance year, with the opportunity to earn up to 7% of salary, depending on the firm’s performance.

A practical guide to the Register of Overseas Entities

This guide is intended to give some practical pointers for those who are affected by the operation of the Register of Overseas Entities.

Bird & Bird’s Finnish Capital Markets professionals contributed to Lexology’s Initial Public Offerings Guide 2023

The quick reference guide enables side-by-side comparison of local insights into initial public offerings

A new regime for critical third party providers to UK financial services firms is on the horizon

Publication of DP22/3 marks an early step on the road to the introduction of a new designation regime for third party providers in respect of the material services they provide to the UK financial services sector.

Businesses urged to set and report on purpose

Its vision is for all businesses in Scotland to “have become purposeful businesses which profit from finding solutions for people and planet” by 2030.

The substratum rule: does it matter?

The Bermuda Court of Appeal’s reasoning in Grand View was accepted and followed by the Royal Court of Jersey in Rysaffe

Snapshot: Jersey's impounder restrictions in relation to discretionary trusts

In this Snapshot, partner Damian Evans, senior associate Matthew Davies, and trainee solicitor Paola Sequeira consider the arguments for and against.

Lexology Transfer Pricing Guide 2023: Luxembourg

The chapter provides insights into principal legislation, enforcement authority, role of OECD Transfer Pricing Guidelines

Government Regulation