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Mergers between BVI companies and foreign companies

This guide examines the merger process between BVI companies and foreign companies.

Local authorities may hold the key to unlocking the potential of tech ecosystems around the UK, according to report by Shoosmiths and Coadec

Shoosmiths’ dedicated technology sector team are active supporters and sponsors of Silicon Valley Comes to the UK and The Coalition for a Digital Economy.

UK “open for crypto businesses” as it points to flexible future regulation

Last year the UK announced its “staged and proportionate” approach to cryptoasset regulation.

Global Registration Services Market Update - Q1 2022

The Financial Services and Markets Authority has published its regulatory fees for 2022

Financial Regulation:Daily Update

Reporting counterparties should report a LEI for non-EEA third country issuers where one is available and continue engaging with non-EEA third country issuers to encourage them to acquire a LEI if not.

Playbook to shape UK public sector digital, data and tech projects published

This playbook pulls together lots of best practice processes to ensure commercial teams and others involved in delivering major technology projects within the UK public sector set off on the right path in those projects from the outset and can manage deli

Lasting Powers Of Attorney Come Into Force in Guernsey

A Health and Welfare LPA will only have effect where the Grantor lacks, or the Attorney reasonably believes that the Grantor lacks, capacity.

CIMA revokes companies management licence of Imparato company

CIMA stated that RDI had also not submitted certificates of compliance for the same periods and failed to abide by the authority’s requests for documentation and information.

ISSB Publishes Long-Awaited Exposure Drafts of Global Sustainability Standards

The standards are part of a global initiative to consolidate sustainability disclosures to help investors assess the value of companies.

Bermuda Mask Requirements Lifted for Most Businesses

Failure to comply with the Regulations is an offence and can result in fines and penalty tickets.

Filing Instructions Released for New US Bank Incident Reporting Requirement

These instructions will assist financial institutions in satisfying their obligations under the new requirements once compliance is required on May 1, 2022.

BVI Voluntary Liquidations: What You Need to Know

The Maples Group's team of legal, fiduciary and fund services experts can provide a range of restructuring and liquidation services and guidance through the voluntary liquidations process for a BVI company.

CMA’s environmental sustainability advice a ‘positive step’

The CMA said it also plans to engage with stakeholders in developing further practical guidance under the UK’s mergers and markets regimes

Open banking to evolve under new UK governance arrangements

The open banking reforms were mandated by the UK's Competition and Markets Authority (CMA) at the end of a review it conducted into retail banking which identified competition concerns in the market.

EU horizontal guidelines encourage sustainability initiatives by competitors

In addition to revising the existing exemptions, the new guidance includes a dedicated chapter on how businesses can cooperate to achieve sustainability goals without infringing competition law.

Economic Crime Act expands UK sanctions and unexplained wealth order powers

The Act also seeks to increase the enforcement of breaches of financial sanctions, as well as the use of UWOs, as part of the Government’s efforts to tackle ‘dirty money’ in the UK.

Part 1: A proliferation of international arbitration of cryptocurrency disputes

The massive sell off of cryptocurrencies at the material time allegedly resulted in clogged transactions which prevented investors from closing out or liquidating their trading positions during the outage.

Utah Enacts Commercial Financing Disclosure Law with a Registration Obligation

Pending New York legislation would add its own licensing obligation to the disclosure obligations for commercial financing of $500,000 or less.

The Statement of Changes in UK Immigration Rules

This article will summarise the key routes to be implemented from 11 April 2022 onwards.

Interest Limitation Rules: Extended to Luxembourg EU Regulated Securitisation Vehicles

The draft law is expected to enter into force as of 1 January 2023.

Government Regulation