02/15/2022
A major development of the creditors' winding up regime in Jersey
The Amendments enhance and protect the interests of creditors and are based upon principles and practices widely recognised in other insolvency regimes.
Government Regulation
02/15/2022
Data Protection Law issued in Oman
All businesses operating in Oman should immediately begin assessing their activities and making changes to corporate policies and procedures to align with the PDPL.
02/15/2022
Guernsey's Court of Appeal Law – The Changes
Whilst these amendments are mostly procedural and do not drastically alter the substance of the Law, they helpfully aim to ensure the proper administration of justice.
02/14/2022
Team Moves: Poached and Poacher
Whilst we await the Government’s consultation response on the future of non-competes in the UK
02/14/2022
Ferbrache & Farrell welcomes new Capacity Law
Ferbrache & Farrell warmly welcomes the development of the new Lasting Power of Attorney regime
02/14/2022
Former Redcentric directors convicted for misleading investors
Estelle Croft, the firm’s former finance director, had already been sentenced to three years’ imprisonment, having pleaded guilty to charges of making false statements and false accounting, including to Redcentric’s auditors, PwC.
02/14/2022
Cross-border Wills, Probate, Trusts and Tax, vital considerations for British Citizens living in Italy, Spain or Portugal.
It is not uncommon for individuals to hold property in more than one European country, often without recognising that the laws of succession vary quite considerably from country to country.
02/14/2022
Solicitors’ financial wellbeing takes a hit
Despite this desire to support others financially, solicitors rate themselves as less able to support their family and friends than accountancy professionals.
02/14/2022
Transforming data collection communication to firms – 10 February 2022
Communication to firms to provide an update on the progress of the joint transformation programme, which is being led by the Bank of England, FCA and industry to transformation data collection from the UK financial sector.
02/11/2022
Outside influence over EU standards to be curbed
The Commission can ask ETSI, CEN and CENELEC to develop standards to support EU legislation and policy.
02/11/2022
UK employers urged to prepare for ethnicity pay gap reporting
It said the ethnicity pay gap reporting laws “should include the requirement for employers to publish a supporting narrative and action plan” alongside the raw data.
02/11/2022
Divergence ratios after Brexit. Parallel EU/UK merger reviews one year on
So what does the parallel merger control landscape look like one year after Brexit?
02/11/2022
Treasury and FCA move to regulate the marketing of cryptoassets in a similar way to high risk investments.
The result is that previously unregulated cryptocurrencies and cryptoassets will be brought into the financial promotion regime for the first time.
02/11/2022
Australia Withdraws Cartel Lawsuit Against Citi and Deutsche Bank
All proceedings have now been discontinued.
02/10/2022
FCA orders investment platform to remove social media posts
Freetrade was founded in 2016 and offers commission-free stock trading as well as a Sipp and a stocks and shares Isa.
02/10/2022
Corporate Criminal Liability for Failure to prevent Money Laundering
The Financial Action Task Force (FATF) Methodology requires jurisdictions to demonstrate that money laundering offences and activities are investigated, and offenders are prosecuted and subject to effective, proportionate, and dissuasive sanctions.
02/10/2022
UK sits second in global money laundering rankings
France (£54.5bn), Germany (£51.3bn) and Canada (£25.6bn) also rank within the top five.
02/10/2022
Mayer Brown advises ING Bank
The new credit facility will enable Axpo to diversify its financing structure and expand the sustainability component of its corporate financing.
02/10/2022
Family Offices Say Disclosure Plan Invites Theft, Kidnapping
Many countries already mandate companies disclose beneficial owners and some, like the U.K., make the information public.
02/09/2022
Financial Markets Regulatory Outlook 2022
New strategies for a changing world