05/19/2022
Beneficial Ownership Registration for BVI Entities Owning UK Property
Conyers can assist you to ensure that all relevant filings, updates and confirmations are made to ensure compliance with the ECA.
Government Regulation
05/19/2022
Tech providers in UK financial services face direct regulation
UK regulators are expected to publish a joint discussion paper on CTPs in UK financial services later this year.
05/19/2022
Inheritance law is failing modern families
Lawmakers should also be considering better protection for illegitimate children, who are still reliant in many jurisdictions on a parent recognising them.
05/18/2022
The Economic Crime (Transparency and Enforcement) Act 2022: A british Virgin Islands Perspective
BVI entities that already own UK property, or are about to acquire UK property, need to consider their obligations under the Act carefully
05/18/2022
Navigating the Jersey M&A Landscape (3 of 3)
Our Appleby Corporate team has been involved in a number of mergers and acquisitions (M&A) transactions involving buying, selling and/or restructuring businesses that have premises and/or people in Jersey.
05/18/2022
Abu Dhabi financial watchdog weighs regulation of DeFi
The regulator reserved the option to approve specific DeFi protocols, which would be held to a higher standard than recognised protocols.
05/18/2022
China proposes to tighten rules on network security in the securities and futures industry
The Draft Measures illustrate the CSRC’s increased supervision and enforcement of network security and management in the securities and futures industry.
05/18/2022
Accounting rules prevail following HMRC loss in the Supreme Court
The respondent companies claimed a subsequent deduction from their profits for the purposes of their corporation tax liability.
05/18/2022
Ogier's commitment to its people recognised with platinum STEP employer accreditation
Ogier has a genuine commitment to flexible working, diversity and inclusion, and employee wellbeing, to help make sure that career and development opportunities are open to all.
05/17/2022
New principles for charitable trustees exercising their powers of investment
The case was brought by the trustees of two charities – the Ashden Trust and the Mark Leonard Trust – whose principal purposes are environmental protection and improvement and the relief of poverty.
05/17/2022
Space law, the next frontier for international disputes?
As humans start to press up against the Earth's limitations, it is inevitable that a significant focus will turn to space innovation and exploration, both to support life on Earth, but also elsewhere.
05/17/2022
Treasury Announces 2022 National Illicit Finance Strategy
Strategy Provides Roadmap to Close Loopholes Exploited by Criminals and Illicit Actors
05/17/2022
The FTC at Full Strength: What to Expect Next
The agency’s authority to craft trade regulation rules covering unfair and deceptive trade practices
05/17/2022
US tops financial secrecy ranking as G7 countries upend global progress on transparency
The G7 countries’ undermining of global transparency has further fuelled calls by leading economists for a UN tax convention
05/17/2022
Close-out netting and set-off provisions for BVI, Cayman Islands, Guernsey, Jersey and Luxembourg counterparties
As a result, financial institutions are reacquainting themselves with protectionist financial contracts, for example, interest rate hedging and swap contracts.
05/17/2022
Family Office Considerations Relating to Partnership Audits
Since Family Offices may be in a position of management, this is a particularly sensitive issue for family office professionals.
05/17/2022
EU Proposal for further interest limitated rules - the impact on international business
The implementation and final form of the draft Directive is subject to unanimous consent by all EU Member States.
05/16/2022
A Brief Guide To Statutory Demands And Applications To Set Aside Statutory Demands In The BVI
Under section 8(1)(a) of the Act, a company or a foreign company is insolvent if it fails to comply with the requirements of a statutory demand that has not been set aside under section 157.
05/15/2022
European Commission publishes revised antitrust rules on vertical agreements
Both the EU and the UK have now set out their replacement vertical toolkits.
05/13/2022
Rediscovering Share Trustee Services
Regulatory and legislative change, including the US Volcker Rule, has also incentivised the use of share trustees over recent years.