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EU reviewing Annex II: Potential inclusion of BVI and Bermuda

Inclusion on the list means that the EU monitors for progress towards addressing the recommendations by the required deadline.

Luxembourg Parliament Adopts the Bill to Amend Luxembourg Securitisation Law

The amended Law brings increased flexibility to Luxembourg securitisation vehicles by introducing a series of major changes and was adopted much earlier than originally anticipated.

Update: Expansion of the Jersey Insolvency Toolkit

The adoption of the Companies (Amendment No. 8) (Jersey) Regulations 2022 (Regulations) [last week] brings welcome changes to Jersey’s insolvency toolkit.

SEC Charges 12 Additional Financial Firms for Failure to Meet Form CRS Obligations

With today’s actions, the SEC has now charged forty-two financial firms for failing to meet the obligations that are required

SEC Proposals Would Significantly Impact Private Fund Advisers

The SEC also proposed amendments to the current rules governing the books

EU guidance on data subject access requests clarifies search obligations

The GDPR stipulates that organisations must respond to SARs "without undue delay and at the latest within one month" unless extensions can be justified and sets out further requirements in relation to the information that must be provided in res

SEC Proposes New Rules For Private Fund Advisers

Several of the Proposed Rules will also apply to investment advisers not registered with the SEC, including venture capital fund advisers, smaller private fund advisers and many non-US advisers.

Key developments in Jersey’s corporate insolvency regime

Key among those changes is the creation of a new insolvent company winding-up regime, referred to as a “court ordered creditors’ winding-up”

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.

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.

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.

Team Moves: Poached and Poacher

Whilst we await the Government’s consultation response on the future of non-competes in the UK

Ferbrache & Farrell welcomes new Capacity Law

Ferbrache & Farrell warmly welcomes the development of the new Lasting Power of Attorney regime

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.

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.

Government Regulation