12/02/2021
Take private transactions - a quick glance into the Cayman Islands mergers & acquisitions regimes
Another popular trend in the M&A world is the privatisation and delisting of Chinese companies listed on US securities exchanges.
Government Regulation
12/02/2021
UK seeking decarbonisation of public estate with help of new guidance
The UK government has set out guidance intended to help the estates teams and managers of public sector properties reduce emissions from and decarbonise the public estate.
12/01/2021
Important update for owners of French property: changes to succession law in France
This may have involved making an election in your Will to have the law of your nationality apply to your estate.
12/01/2021
US Banking Regulators Release Roadmap for Crypto-Related Activities by Banks
The Roadmap sets up a process for the Federal Banking Regulators to clarify the legal parameters for banking organizations engaging in, and the application of federal banking laws to, crypto-related activities.
12/01/2021
Restricting a member's statutory right to take a transfer value - empowering trustees and protecting members?
The DWP acknowledge that this figure could be far higher as a result of the lag between a pension scam taking place and members finding out.
12/01/2021
The Infrastructure Investment and Jobs Act Invests Heavily in Cybersecurity
In addition to appropriating billions of dollars to improving transportation networks, expanding broadband internet accessibility and promoting clean energy projects, the bill allocates $2 billion to strengthening the nation’s cyber defenses.
11/30/2021
EU Digital Finance Strategy
The European Central Bank published its opinion on MiCA in February 2021.
11/30/2021
Insurers to support cyber risk management
Asia is vulnerable, and the region alone has accounted for over a quarter of global cyber-attacks in 2021.
11/30/2021
Continuing requirements for BVI companies
The Annual Declaration must be filed within six months of the company's financial period ending.
11/30/2021
Reminder of annual filing deadline for CIMA registered directors
The annual declaration should be filed through the CIMA Director Portal.
11/30/2021
Deferral of the SFDR RTS – No time for a break for financial market participants
Accordingly, the EU Commission has announced yesterday that it will defer the application of the SFDR RTS to 1 January 2023.
11/30/2021
European Commission publishes proposed amendments to the Alternative Investment Fund Managers Directive
The Commission acknowledges that the AIFMD has generally worked well in terms of introducing a harmonized, supervisory framework for alternative investment fund managers.
11/29/2021
EU parliament prepares for vote on Digital Markets Act
The DMA, drafted by the European Commission in December 2020, faced lengthy delays while MEPs on the Committee on the Internal Market and Consumer Protection (IMCO) scrutinised its wording.
11/28/2021
Director duo banned for £800k ‘ethical water’ investment scam
A further £200,000 had been withdrawn from the company account over a two-year period, from 2018 and 2020, in cash.
11/28/2021
FCA reforms decision-making to tackle consumer harm
The FCA has reformed its decision-making process to ensure it can make faster and more effective decisions for consumers, markets and firms.
11/28/2021
European Commission’s Proposals for reform of AIFMD, UCITS Directive and the ELTIF regime
Welcome changes or regulatory creep?
11/28/2021
HSF Financial Regulation: Daily Update
The Regulation relates to the reporting of credit and market risk information by relevant institutions.
11/26/2021
Mandatory reimbursement among proposals to crack down on UK payment scams
The PSR also recommended making reimbursement of APP scam victims mandatory.
11/26/2021
FRC warns against ‘neglect’ of Corporate Governance Code
The FCA did note general improvement in disclosures concerning environmental and social issues over the last year – particularly in relation to how they were considered at board-level – but said subscription to diversity and inclusion policies
11/26/2021
Yasmin Khan-Gunns takes home two accolades at the Family Law Awards 2021
The Family Law Awards were launched in 2011 to recognise the important work of family lawyers, and celebrate their many successes and outstanding achievements.