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Enhanced Cayman Islands beneficial ownership transparency regime now in force

The BOT Act reflects a restatement and enhancement of Cayman's beneficial ownership regime.

‘Failure to prevent bribery’ offence will soon take effect in Australia

Implementing appropriate compliance programs will be critical to establishing the ’adequate procedures’ defence in the event of a prosecution for the new corporate offence.

Dubai introduces new law on the taxation of foreign banks

Dubai's new tax law for foreign bank branches eases concerns over higher taxes after UAE Corporate Tax intro.

Bosses urged to place workplace health and safety ‘on equal footing’ among business priorities

Guidance produced by the HSE and the Institute of Directors on effective leadership of workplace health and safety is also highlighted.

Dentons’ Litigation and Dispute Resolution group: Steadily growing as a Canadian powerhouse

Over the years, through offering nationwide representation from six of Canada’s key economic centers, and assisting global clients in domestic and cross-border disputes

Impact of potential variations of scope in Hong Kong SAR NEC forms must be thoroughly assessed

Variations are known as ‘change to the Scope’ in the NEC

Bank of Italy: Public consultation on new AML reporting

This data and information have been sent to the Bank of Italy in the last couple of years by obliged entities through the so called AML questionnaire.

Employers in UAE are turning to long-term incentives to retain employees

Changes to the UAE’s Companies Law (Federal Law No.32 of 2021) permitting public companies to increase their share capital to put in place employee share plans

Universities must improve harassment protections ahead of OfS regulation

Universities and colleges will have until 1 August 2025 to implement all changes

Dentons Launches US Employment Class Action Defense Blog to Simplify Employment Law for Businesses

Dentons understands that workforce management is crucial to achieving business goals.

WADA faces anti-doping balancing act during Paris Olympic Games

WADA has implemented measures during the 2024 Games to combat the concerns.

Changes to Cayman Islands beneficial ownership reporting regime now in effect

Many entities that previously had few or no obligations will have to take steps to comply.

EU legislator strengthens minimum rules on asset recovery and confiscation in criminal

The European legislator is therefore increasingly taking new initiatives to tackle the expansion of organised crime, as well as further steps to strengthen the existing legal framework.

England postpones decision on proposed non-party access to court documents rule

This could increase costs and complexity in litigation procedure in the English courts, which is already an involved process.

UK chancellor statement shows Labour’s commitment to fiscal prudence

The chancellor announced that this year’s autumn budget will take place on 30 October

Increased Company Size Thresholds for Audit Exemptions in Ireland

The new thresholds apply to financial years commencing on or after 1 January 2024

Guidance on UK charity banking

Charities should also remember to keep their details up to date, including changes to trustees, and to inform banks of any large or unusual transactions.

The Charity Commission for England and Wales sets out its 2024-25 business plan

The Commission's first priority will involve the regulator focusing on issues that present a risk to the sector

The 150 Year Rule Falls - Cayman Perpetuities Act Changes

One of the most notable points involved in the disapplication of the Rule is that a settlor now has the option to choose whether to disapply the Rule against perpetuities for a newly settled trust or not.

Upcoming changes to Australia’s anti-money laundering and counter-terrorism financing laws

The proposed reforms intend to extend the application of the travel rule beyond financial institutions, to remittance providers and digital asset service providers.

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