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Caution: A Discloseable Transaction for Acquiring a Greenfield Project Was Ruled a Reverse Takeover by HKEX

Target had signed relevant contracts but yet to commence operations.

Pensions disputes: Ombudsman backs providers' commercial common sense

The provider is entitled to exercise its own commercial judgment when setting those processes.

European Parliament and Council Reach Political Agreement on CSRD

The Corporate Sustainability Reporting Directive expands the existing sustainability reporting requirements and brings more companies under its scope.

Plans to regulate UK fusion energy sector ‘help do away with uncertainty’

The government also said it would be “disproportionate and unnecessary” to incorporate fusion energy facilities into nuclear regulations, because of the fundamental differences between nuclear fission and fusion.

UK government announces further details of reform of unregulated consumer credit

Ministers said the change would allow the regulator to respond faster to emerging developments in the consumer credit market.

Dentons launches new digital Antitrust Verticals comparison tool

With Dentons’ Antitrust Verticals tool, businesses can review and compare different distribution models in relation to topics such as retail pricing, exclusivity, online sales and non-compete restrictions.

UK Government sets out its plans for UK data protection reform

The UK Government has confirmed that it will proceed with introducing under the Bill a limited list of legitimate interests for businesses to process personal data without applying the balancing test.

Singapore to amend financial crime rules for business service providers

The proposals also require nominee directors and shareholders to disclose their nominee status and their nominator’s identity.

Irish Central Bank: insurance platforms must ensure suitability of senior staff

Ireland continues to be among one of the most attractive locations within the EU to establish an insurance or reinsurance intermediary (together, ‘intermediary’) platform.

Managing settlement of construction project claims in Qatar

Achieving amicable settlement of these claims is a top priority for both developers and contractors and will be pivotal to the successful conclusion of projects

UK launches ambitious Trade deal with Gulf Nations

A free trade deal would also open the door to increased investment from the Gulf, supporting and creating jobs across the country.

UK financial services and whistleblowing - time to break the stigma

Although regulated by the Financial Conduct Authority (FCA), much of the regulation of financial services firms is dependent on self-regulation and self-reporting.

Changes to fiduciary regulation in Guernsey

The regulatory regime has been revised recently: The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc (Bailiwick of Guernsey) Law, 2020 (the Law) came into effect on 1 November 2021

The Lummis-Gillibrand Responsible Financial Innovation Act: What to Know

The RFIA has garnered significant attention because it is the first major bipartisan legislation that, if signed into law, would govern the regulation of digital assets.

A tale of two markets: Regulatory divergence between the EU and UK securitisation frameworks

It will be interesting to see how these approaches shape the (two) market(s) as divergence increases.

Obtaining imaging orders from the English courts

The goal of these orders is to preserve evidence at risk of being wiped or destroyed by the responding party.

UK prepares for modernisation of Consumer Credit Act

HM Treasury announced it would publish a consultation on the planned reforms to the Consumer Credit Act by the end of 2022.

Funds with US Investments or Operations – Considerations for Non-US Investors

ECI exposure may also arise even through an investment into a non-US fund if that fund is classified as a partnership for US tax purposes and has certain US assets or activities.

Harneys advises BMR Energy Ltd. on closing second tranche of its US$88 million credit facility

BMR Energy is a developer and owner of renewable energy assets in the Caribbean and Central America and is a business segment of Virgin Investments.

CSSF AML/CFT reporting tool: first reporting period approaches

This module, accessible since January for preparation and submission of AML/CFT external reports under Circular 21/788 and IFM reports under Circular 21/789, has been made available

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