07/08/2022
FATF Compliance – EU Confirms no Additional AML-CFT Measures for Cayman
The EU will initiate steps to delist the Cayman Islands once FATF removes the Cayman Islands from its list of jurisdictions under increased monitoring.
Government Regulation
07/08/2022
Insurers and Insurance Managers: Review & Reset Items
Note that if a company remains in ‘enquiries pending’ for an uninterrupted period of not less than three months, that is treated as prima facie evidence that a breach has occurred and a fine may be issued.
07/08/2022
Jersey employment update - zero hours contract consultation and Employment and Discrimination Tribunal annual report synopsis
The vast majority of the determined cases saw the claim being heard within 6 months
07/07/2022
Channel Islands Funds Quarterly Update: Q2 2022
The States Assembly has approved a package of amendments to the Limited Partnerships (Jersey) Law 1994, the culmination of a cross-industry project to modernise and clarify aspects of the law.
07/07/2022
Government proclaims Corporate Insolvency and Governance Act 2020 a success story
The report is part of the statutory review which must be carried out within three years of the measures coming into force.
07/06/2022
I Left My Home in Georgia: New Guidance on Becoming a Bona Fide Resident of Puerto Rico
Accordingly, individuals seeking to be treated as bona fide residents of Puerto Rico should carefully consider which US contacts they should keep following a move to Puerto Rico.
07/06/2022
Welcome Enhancements to the QIAIF Pre-Submission Process
The Central Bank does not commit to any specific time-frame within which to review a pre-submission
07/06/2022
The regulation of Nuclear Fusion – a risk based approach?
Article providing update on Government’s proposals for the regulatory framework relating to generating fusion energy
07/05/2022
Irish FinTech Regulation Focus - Six Key Areas
The Central Bank expects Firms to assess their compliance with their safeguarding obligations
07/05/2022
ICO issues a warning on credential stuffing attacks
Data protection authorities have identified credential stuffing as a significant cyber threat to personal information and have advised on steps to combat this.
07/05/2022
Chinese regulator publishes the draft China SCC
The Cyberspace Administration of China published the long-awaited standard contract for cross-border data transfer on 30 June for public comment.
07/05/2022
Secrecy of communication: the limits of the investigative powers of the Belgian tax authorities
The Belgian tax authorities’ right to request information
07/05/2022
Irish UPC referendum expected within two years
The UPC is being set up to provide a dedicated judicial system for litigating new unitary patents, and existing European patents that are not specifically opted-out of the UPC’s jurisdiction will also be subject to the new court system.
07/04/2022
German coalition party wants to examine ‘fracking’ option in Germany
The German fracking law package that came into force in 2016 significantly tightened existing water and nature conservation requirements for the use of fracking in unconventional gas deposits.
07/04/2022
UK Supreme Court rules that judges can reverse orders before they are sealed
The court found that Judge Buehrlen did not give the finality principle the “central importance” which it deserved when considering FAAN’s application
07/04/2022
New UK pensions dashboard guidance ‘hammers home’ trustee responsibilities
Just 4% of DC schemes and 9% of DB schemes have begun to digitise the information they hold in preparation for pensions dashboards.
07/04/2022
Hogan Lovells joins two legal coalitions to protect equal access to reproductive services
Through our work for these organizations and others, we continue to be engaged in pro bono and community efforts in support of reproductive rights and health.
07/04/2022
Civil settlement in relation to Bribery Act offences: differences between Scotland and England
Businesses that wish to self-report potential offences must do so via a solicitor, who must then submit a report to the Serious and Organised Crime Unit (SOCU) at COPFS.
07/04/2022
The Bank of Italy issues first set of guidelines on DLT and crypto assets
A promising step towards embracing digital innovation
07/04/2022
UK Government announces new copyright exception for commercial text and data mining
There will be a new exception to copyright and database right infringement in UK law to allow commercial text and data mining. This builds on the UK’s existing exception for non-commercial text and data mining that was introduced in June 2014.