06/22/2023
Record Keeping Update - Cayman Islands Regulated Entities
The guidance applies to all entities regulated by CIMA
Government Regulation
06/22/2023
DORA standards on ICT risk in financial services proposed
DORA requires financial firms to classify ICT-related incidents and determine their impact based on criteria outlined in the legislation
06/21/2023
Court rules that genuine attempt to restructure did not put assets beyond reach of creditors
The ruling will be welcomed by lenders and professional advisers.
06/21/2023
Macfarlanes joins the Black Talent Charter as signatory
The aim of the Charter is to work collaboratively with organisations across the financial and professional sectors
06/21/2023
Thirty Madison Acquires Assets From The Pill Club in Section 363 Sale
The acquisition will allow Thirty Madison to provide continuous reproductive care to those who would otherwise be without options
06/21/2023
Latham & Watkins Launches Virtual Experience Program on Capital Markets Law
Complimentary program on Forage offers business, academic, and legal community opportunity to advise on a hypothetical initial public offering and learn more about working at a global law firm.
06/20/2023
English football clubs to benefit from new immigration rules
The availability of the route depends on a points-based system that now includes a new and significant exemption in the men’s game.
06/20/2023
Amendments to the BVI Civil Procedure Rules Series – Part Two
Any proceeding can be heard in private with the consent of the parties.
06/20/2023
New rights for parents and carers in the UK
The three Acts will come into force at different times and secondary legislation will provide further detail and bring them fully into effect.
06/20/2023
Data subject access requests (DSARs) - ICO guidance
They are entitled to be told where the information came from, what it is being used for and if and with whom it is being shared.
06/20/2023
New study highlights growing risk of climate litigation to corporations
The report also notes that just under 10% of climate litigation cases are filed against corporations.
06/20/2023
HMRC plans new single tax on securities
Tax on electronic share transfers will continue to be collected through the UK’s Central Securities Depositary (CREST) system.
06/19/2023
Personal Information Protection Amendment Bill 2023
Bermuda has recognized the growing importance of data protection and privacy in the modern digital landscape.
06/19/2023
Cayman Islands’ Joint Provisional Liquidators Appointed Over Failed Cryptocurrency Exchange
The Court’s appointment of JPLs in this matter demonstrates that the Cayman Islands Court continues to be adept at dealing with applications for the preservation of assets on an urgent basis.
06/19/2023
The Online Safety and Media Regulation Act 2022 – a new framework for the regulation of harmful online content in Ireland
Significantly the OSMR Act also establishes, by way of Part 11, a brand new statutory regime for online safety including the regulation of harmful online content which will also be commenced on 15 March 2023.
06/19/2023
Next steps in EU employment law reform
The amendments to holiday pay rules and TUPE, if implemented, will be important but not sweeping.
06/19/2023
Forever chemicals a mounting litigation risk for businesses
There is already a move to restrict the use of PFAS in certain contexts.
06/16/2023
FCA proposes tougher rules for cryptoasset marketing
The rules will apply to ‘qualifying cryptoassets’
06/16/2023
Corporate Governance Update – Cayman Islands Regulated Entities
The Rule and Guidance will bring about several changes to the previous corporate governance requirements for regulated entities and extend them to private funds, which were not previously covered.
06/16/2023
Attorney Kurt Gerstner presents on helping foreign companies deal with US litigation discovery at IADC 2023 Annual Meeting
He will focus on difficulties foreign clients may have understanding and complying with US discovery obligations