10/06/2022
Digital Services Act approved and to become EU law
Fines of up to 6% of annual global turnover of will be able to be levied on online platforms and search engines that fail to comply with the new legislation.
Government Regulation
10/06/2022
Dentons signs up to Fifth Day, to provide pro bono opportunities for business services professionals
The non-profit organisation has been launched in conjunction with leading skills-based volunteering organisation Reach Volunteering.
10/05/2022
New Decree on Corporate Bonds in Vietnam - Five Key Takeaways
The New Decree also imposes additional requirements and responsibilities on issuers and relevant securities intermediaries, and limits the scope of eligible investors.
10/05/2022
The Grand Court makes first restoration order in respect of fraudulently dissolved Cayman company
The Syndicate, along with their friends, family members, and associates, allegedly carried out a wide-ranging and blatant fraud against Worldwide, REFF, and other entities.
10/05/2022
White House Releases Blueprint for AI Bill of Rights Focused on Health Equity in AI
The report cites that systems used to support patient care can be unsafe, ineffective, or biased.
10/05/2022
EIOPA guidance on integrating customer sustainability preferences in the IDD suitability assessment
The POG and IBIP regulations and their amendments affect both manufacturers and distributors of products
10/04/2022
IR35 – The end of IR35 reforms
The reforms placed this responsibility to deduct tax onto the fee payer (often the end user) along with obligations on the end user to determine the tax status of the individuals they contracted with via a PSC.
10/04/2022
UK imposes further wide ranging sanctions on Russia in response to sham referendums
The UK Government has responded by announcing wide ranging new sanctions including services and goods export bans targeting certain sectors of the Russian economy.
10/04/2022
New property rights relevant to ‘data objects’ proposed
The new property right proposed would be distinct from the two existing personal property rights that exist in English law, which apply to ‘things in possession’ and ‘things in action’.
10/03/2022
Jersey Limited Liability Company Law
An LLC can be used for many varied types of corporate investment, fund structuring and other financial transactions.
10/03/2022
Dentons HPRP Successfully Assisted RHB Indonesia in the Issuance of the First Structured Warrant in Indonesia
This effective letter marks the first issuance of structured warrant in Indonesia with total value of Rp20,000,000,000,000 (twenty trillion Rupiah).
09/30/2022
Off payroll working rules to be repealed in the UK
Prior to the introduction of the off payroll working rules, the IR35 regime applied universally.
09/30/2022
New right to work check arrangements in the UK
After 30 September, it will no longer be possible to complete right to work checks remotely by using a video call to verify documents.
09/30/2022
Trading venues consultation suggests FCA shift from EU regulatory approach
The regulator also plans to publish Q&As in PERG on the application of the general guidance to specific types of arrangements covering voice brokers
09/30/2022
Irish Budget 2023: Implications for International and Irish Business
This is the annual statement on the proposed Irish government tax measures and budgetary expenditure.
09/30/2022
New Obligations for Irish Entities on UK Land Ownership
Companies House has issued guidance3 on these new obligations.
09/30/2022
Cayman Islands Regulatory Update - The Economic Substance Return Filing Deadline Draws Closer
In our latest economic substance briefing, Appleby and its affiliate Appleby Global Services remind clients subject to the ES Test of this economic substance filing obligation.
09/29/2022
Updated Deregistration Rules for Cayman Islands Regulated funds
The principal aim of the updates is to streamline the process for deregistering mutual funds and private funds.
09/29/2022
SEC and CFTC Jointly Propose Amendments to Form PF Regarding Digital Assets
As a general matter, the proposal is intended to bolster the SEC’s regulatory oversight of private fund advisers and investor protection efforts.
09/28/2022
Litigation case update: when will a parent company have to give disclosure of a subsidiary's documents?
The case provides both a succinct summary of the law in this area