06/02/2023
Charity tax: HMRC launches consultation on tackling abuse
The consultation identifies four areas of tax compliance in which the rules are currently “not working as intended”
Government Regulation
06/02/2023
The Cayman Islands Government proposes amendments to the Proceeds of Crime Amendment
A notable change that is being proposed in the bill is the potential removal of the defences to committing the key money laundering offences
06/02/2023
FRC consults on changes to the remuneration section of the Corporate Governance Code
This article looks at the proposed changes affecting executive remuneration.
06/01/2023
International Data Transfers
The DPC imposed a fine of €1.2 billion on Meta Ireland
06/01/2023
New beneficial ownership regulations address South Africa’s AML grey listing
Any changes to a company’s BO register need to be filed with CIPC within five days of the changes coming into effect.
05/31/2023
Managing supply chain risks: reporting and diligence
This is driving a trend towards more active supply chain management across a broader range of risk areas.
05/31/2023
Dentons HPRP Capital Market team has successfully closed five transactions before the end of the first semester of 2023
In the following month, Dentons HPRP successfully closed the listing of PT Teknologi Karya Digital Nusa Tbk.
05/30/2023
Charity land disposals: new law is coming into force
Third Sector magazine has reported research that the number of fundraising jobs advertised as offering hybrid working has grown by 900 per cent since before the pandemic.
05/30/2023
Company Restorations in the BVI and the Business Companies (Amendment) Act 2022's Transitional Provisions
The Amendment Act changed the landscape of restoring companies to the Register of Companies (the Register) in the BVI
05/30/2023
Digital Markets, Competition and Consumers Bill: UK tech sector competition rules
The CMA will have powers to formulate behavioural rules, known as conduct requirements
05/30/2023
Pensions disputes: Ombudsman rejects inadequate due diligence claim
The scheme administrator stated that the receiving scheme was registered with the appropriate authorities and that it was not responsible for employment checks.
05/29/2023
Enforcement of arbitral awards in the British Virgin Islands
Aside from attracting parties to arbitrate in the BVI, the framework also ensures that foreign arbitral awards are recognised and enforced effectively in the jurisdiction.
05/29/2023
Post-Brexit electric vehicle rules present disputes risk
Governments across Europe are seeking to scale-up local battery production in response, but there are growing callsfrom industry for a delay to the revised rules for 2024 taking effect.
05/29/2023
‘Tunnel’ tax ruling has implications for infrastructure projects
Both tax tribunals and the Court of Appeal had found that none of the structures within the Fort Augustus Hydro-electric power station fell within the scope of a “tunnel”.
05/26/2023
An Offshore Perspective: Reservation of Powers in BVI Trusts
Trust instruments can also appoint a protector, who may have other powers including authorising trustees to exercise their powers.
05/26/2023
Termination of Employment during Probation
The employer did not have an in-house human resources function.
05/26/2023
Chambers Corporate M&A Global Practice Guide 2023 – Trends and Developments, Cayman Islands
The guide summarises the key trends and developments in the Cayman Islands over the last year.
05/26/2023
Enforcement of arbitral awards in the British Virgin Islands
The distinction between recognition and enforcement is worth highlighting.
05/26/2023
Australia continues crackdown on ‘greenwashing’ activity
The document is a useful indicator of how ASIC intends to exercise its surveillance and enforcement powers with respect to suspected greenwashing activities.
05/26/2023
How does the UK 'Non-Dom' regime compare to other jurisdictions?
Once a visa has been obtained, two potentially beneficial tax regimes exist in Italy for individuals in different situations