09/30/2022
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
The principal aim of the updates is to streamline the process for deregistering mutual funds and private funds.
09/29/2022
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
The case provides both a succinct summary of the law in this area
09/28/2022
The Amendments incorporate a number of significant changes to the BVI Business Companies Act (as amended, the BCA) and accompanying BVI Business Companies Regulations (as amended, the Regulations).
09/28/2022
On 22 September 2022, the Economic Crime and Corporate Transparency Bill (the “Bill”) was introduced to Parliament.
09/28/2022
A musataha is akin to a long-term development lease, allowing the holder of the musataha right to develop, use and mortgage a plot of land owned by a third party.
09/27/2022
The DOJ Memo was published eleven months after DAG Monaco had announced the establishment of a Corporate Crime Advisory Group to consider revisions and reforms on the DOJ's approach on corporate crime
09/26/2022
A BVI company is currently required to keep records and documents that enable the financial position of the company to be determined with reasonable accuracy.
09/26/2022
The AML surveys will assist the Authority in the exercise of its functions, including the collection of AML / CFT / CPF and sanctions data from FSPs.
09/26/2022
The Goldman Sachs 401(k) plan is one of the largest in the country, with between $6.3 billion and $7.5 billion in assets under management during the class period.
09/26/2022
EU moves to ban products linked to forced labour, putting further spotlight on corporate supply chain, investigations and due diligence.
09/26/2022
A survey conducted by the UK Office for National Statistics (ONS) earlier this year revealed that more than 80% of workers who had to work from home during the coronavirus pandemic said they planned to hybrid work.
09/26/2022
The chancellor has announced that the 1.25% increase to National Insurance will be reversed from 6 November and the proposed increase to corporation tax will be cancelled as anticipated.
09/26/2022
The Office of Tax Simplification will be closed down and its onerous mandate of simplifying the tax code passed to the Treasury and HMRC.
09/23/2022
The DOJ will place the greatest weight on prior US criminal resolutions, according comparatively less weight to domestic civil and regulatory matters and any foreign matters.
09/23/2022
The key areas of change in the Revised Code include governance, outsourcing, business continuity, and disaster recovery and risk management.
09/23/2022
The Bill will also make it easier for ministers in the UK government and the devolved administrations to amend and replace retained EU law by secondary legislation
09/23/2022
As part of the working group, Joel collaborated with key organizations and experts in preparation of the suite of agreements.
09/22/2022
The Sunflower Wind Project is a 200-Megawatt (MW) wind generation facility in Marion County, Kansas.