09/16/2022
Register of Overseas Entities holding UK land
The key point to highlight is that the register is not a register of beneficial ownership of UK land.
Government Regulation
09/16/2022
BVI Funds and BVI Approved Managers – what makes them a sensible choice for you
Our speakers also interacted with the audience at the end of the webinar through the Q&A session
09/16/2022
Second Form PF Proposal: Overview and Goals (Part One of Two), Hedge Fund Law Report
In the first of a two-part series for Hedge Fund Law Report, partner Christine Lombardo provides an overview of the Proposal and its five goals.
09/16/2022
Emiratisation in the UAE: the new requirements at a glance
In this article, we take a closer look at the new Emiratisation requirements which go hand in hand with the UAE’s ambitious target of creating 75,000 new jobs in the private sector by 2025.
09/15/2022
Employment Arrangements for Public Holiday on Monday 19 September in Jersey and Guernsey
In Guernsey, the employer’s options will depend on the wording of the employment contract.
09/15/2022
EDPB Rules on Conflict Between Data Protection Authorities
The decision led to an increase in the fine imposed on French hotel chain Accor S.A. from €100,000 to €600,000, after a multi-year deliberative process.
09/14/2022
Authority for entering into a contract in Ireland
The business of a company is managed by its directors acting collectively.
09/14/2022
US FTC Moves Forward on Privacy Rulemaking with Public Forum
Key topics raised by industry representatives and consumer advocates alike included data minimization and the prevention of secondary uses of data
09/13/2022
In the Battle of Pay vs. Performance Rules Under the SEC’s Final Rule, Increased Disclosure Wins
The Final Rules require a Pay-versus-Performance disclosure table
09/13/2022
Corporate criminal offences of failure to prevent the facilitation of tax evasion
Two corporate criminal offences (CCOs) were introduced on 30 September 2017 under the Criminal Finances Act 2017.
09/13/2022
What You Need to Know About BVI Voluntary Liquidations
When preparing for the BVI voluntary liquidation of any entities that are soon to near or have reached the end of their life cycle, the process need not be complicated.
09/12/2022
CRS Compliance Form Filing Deadline in the Cayman Islands - Are You Ready?
The 15 September 2022 is the upcoming deadline for submitting the 2021 CRS Compliance Form with the Department for International Tax Cooperation (DITC) in the Cayman Islands.
09/12/2022
Amendments to the BVI Business Companies Act
The current seven year period between a company being struck off the register of companies ("Register"), and being dissolved, is being abolished.
09/12/2022
Latham & Watkins Represents Lumileds Holding B.V. in Cross-Border Financial Restructuring
Multi-disciplinary team led by members of the firm’s Restructuring & Special Situations Practice advises the multinational company on voluntary prepackaged Chapter 11 proceedings
09/12/2022
UAE’s new virtual asset marketing rules a ‘clear mandate to protect consumers’
VARA regulates the virtual asset sector in the emirate of Dubai and its free zone territories
09/09/2022
Economic substance requirements for Jersey companies and LLCs
The Substance Law was amended on 1 September 2022 to extend its application to limited liability companies
09/09/2022
Cayman Grand Court permits joint provisional liquidators to control the timing of their discharge of office
Given that the restructuring had been achieved, the JPLs applied for their discharge and the Court acceded to that application.
09/09/2022
New Registration Requirement for Cayman Entities That Own Property in the UK
Entities that disposed of property or land after 28 February 2022 will also need to register and provide details of that disposal.
09/09/2022
FCA outlines its updated approach to alternative asset management supervision
The FCA acknowledged that most firms in the alternatives space deal with professional clients, and those firms should expect the FCA to supervise them proportionately.
09/08/2022
Guernsey legal and regulatory update September 2022
The original proposal was to include the new requirement in the form of 'guidance'