09/12/2022
Amendments to the BVI Business Companies Act
The current seven year period between a company being struck off the register of companies ("Register"), and being dissolved, is being abolished.
Government Regulation
09/12/2022
Latham & Watkins Represents Lumileds Holding B.V. in Cross-Border Financial Restructuring
Multi-disciplinary team led by members of the firm’s Restructuring & Special Situations Practice advises the multinational company on voluntary prepackaged Chapter 11 proceedings
09/12/2022
UAE’s new virtual asset marketing rules a ‘clear mandate to protect consumers’
VARA regulates the virtual asset sector in the emirate of Dubai and its free zone territories
09/09/2022
Economic substance requirements for Jersey companies and LLCs
The Substance Law was amended on 1 September 2022 to extend its application to limited liability companies
09/09/2022
Cayman Grand Court permits joint provisional liquidators to control the timing of their discharge of office
Given that the restructuring had been achieved, the JPLs applied for their discharge and the Court acceded to that application.
09/09/2022
New Registration Requirement for Cayman Entities That Own Property in the UK
Entities that disposed of property or land after 28 February 2022 will also need to register and provide details of that disposal.
09/09/2022
FCA outlines its updated approach to alternative asset management supervision
The FCA acknowledged that most firms in the alternatives space deal with professional clients, and those firms should expect the FCA to supervise them proportionately.
09/08/2022
Guernsey legal and regulatory update September 2022
The original proposal was to include the new requirement in the form of 'guidance'
09/08/2022
Economic substance requirements for Jersey companies and LLCs
The Substance Law imposes economic substance requirements on companies and LLCs that are tax resident in Jersey that undertake relevant activities in respect of financial periods commencing on or after 1 January 2019.
09/08/2022
Updated Procedures for De-Registration of Cayman Islands Mutual Funds and Private Funds
The revised Procedures represent the outcome of a consultation process that CIMA has undertaken in order to simplify and standardise the de-registration process for regulated funds, so that mutual funds and private funds can terminate their registrations
09/08/2022
Cayman Grand Court permits joint provisional liquidators to control the timing of their discharge of office
Given that the restructuring had been achieved, the JPLs applied for their discharge and the Court acceded to that application.
09/08/2022
Stress-free conveyancing in Cayman
The Cayman Islands has a world-class land title registration system, with strict rules relating to documents and filings.
09/07/2022
EU triggers Convention to help businesses enforce foreign court rulings
The Convention will be binding on all EU member states other than Denmark.
09/07/2022
UPC Rules of Procedure take effect
There are advantages and disadvantages to patents being subject to the UPC’s jurisdiction that each business has to consider in respect of each of the EPs in its portfolio.
09/06/2022
Implementing the new FCA consumer duty
We know you’re keen to understand how the FCA’s higher expectations for the standard of care will translate into practical steps
09/06/2022
Germany responds to FATF concerns with the establishment of a new Federal Financial Crime Agency
As part of this comprehensive evaluation, both legal and regulatory requirements and the effectiveness of anti-money laundering measures are examined.
09/06/2022
Inflation Reduction Act
This note provides a very brief overview of some of the key provisions of the Act.
09/05/2022
How Truss win will shape UK policy for businesses
If the court rules against the Scottish government, Sturgeon has indicated that she will approach the next general election as a de-facto referendum on Scottish independence.
09/05/2022
A new Prime Minister: employment law changes ahead?
The proposals to reform industrial action legislation are significant
09/05/2022
Two BCLP Paris lawyers write an article on competition law inspections in Option Droit & Affaires
They review the main contributions of case law in terms of search and seizure operations