07/25/2022
Effective Date for Amendments to Investment Business Act 2003
The Bermuda Monetary Authority has now confirmed the effective date for such amendments will be 27 July, 2022.
Government Regulation
07/22/2022
Slaughter and May Advised Standard Chartered on the Update of its U.S.$77.5 Billion Debt Issuance Programme
Standard Chartered PLC and Standard Chartered Bank have the ability to issue notes to be listed and traded on the London Stock Exchange.
07/22/2022
Bill to reshape UK financial services regulation published
“The Bill includes provisions that would amend the UK Securitisation Regulation to introduce a new equivalence regime for non-UK ‘Simple, Transparent and Standardised’ (STS) securitisations,” McCaw said.
07/22/2022
Legal professional privilege tensions require caution in UK audit market
The UK government recently confirmed that it will not press ahead with plans to give the new Audit, Reporting and Governance Authority (ARGA) statutory powers to override audit clients’ LPP, for now at least.
07/22/2022
ESMA updates its Q&As on the AIFMD and UCITS Directive
ESMA updates its AIFMD and UCITS Q&As in respect of depositories and delegation.
07/22/2022
Cross-border data transfers between Hong Kong and mainland China - what do we need to know?
The law surrounding data protection has continued to evolve globally and cross-border data transfer could happen in any context.
07/21/2022
UK Data Protection and Digital Information Bill: in detail
The Data Protection and Digital Information Bill, introduced into parliament on Monday, is the product of a major consultation the government held last year on reforming the UK GDPR and other privacy legislation that has its origins in EU law.
07/21/2022
UK designs framework: Government paves way for future consultation
The Government has now released its response to the feedback received in respect of both the Survey and the Call for Views, summarising the views of respondents and setting out areas to be considered for future consultation.
07/21/2022
Patent description amendments at the EPO (2)
The requirement to amend the description of European patent applications before grant is continuing to cause challenges for applicants.
07/21/2022
Ireland's New Corporate Enforcement Authority
The powers and functions of the CEA, which include the investigation of suspected breaches of company law by companies and their officers and enforcement, including by the prosecution of offences, are materially the same as those of the ODCE.
07/21/2022
MOrsel: Draft Prevention of Discrimination (Guernsey) Ordinance, 2022 submitted to the Legislation Review Panel
A few important amendments have been made to this latest draft
07/21/2022
Judicial Review in the Cayman Islands
This guide examines the framework for judicial review proceedings in the Cayman Islands.
07/20/2022
The World’s Most Powerful Passports have the Least Travel Freedom
This figure is far behind the global trend where markets in Europe and North America have recovered to around 60% of pre-crisis travel mobility levels.
07/20/2022
When ‘white space’ disclosure can help the taxpayer
In the case in question the taxpayers, acting through their agent, were found to have been careless in completing the tax returns despite disclosure in the white space on the returns.
07/20/2022
HKEX: Zero Tolerance to Inaccurate Bio Details About Directors
Listco was also censured for publishing inaccurate information contained in the related appointment announcement.
07/20/2022
Sanctions tracker: new UK sanctions legislation, sanctions enforcement updates and more
The No.11 Regulations revoke and replace the most recent UK Russia legislation: the Russia (Sanctions) (EU Exit) (Amendment) (No.10) Regulations 2022
07/19/2022
Canary Wharf, Not Love Island. Post-Brexit Divergence Ratios: The Prime -Time TV Sequel
For the British remake, the ending was completely changed: the CMA blocked the deal with a new twist on a now-familiar procedural story.
07/19/2022
Dynamic Market Continues to Fuel Hot Financial Services M&A Activity – 1H 2022 in Review
One of the preeminent advisers to the financial services industry, Dechert delivers a thorough understanding of the unique issues inherent in this sector.
07/19/2022
How are NFTS regulated in the UK and EU?
This proof of ownership is possible as information stored on blockchains is almost impossible to change or destroy.
07/19/2022
Power struggles: challenges based on capacity and undue influence
The beneficiaries may seek to take active steps themselves, particularly where their interests may have been prejudiced by any such purported exercise of powers.