09/09/2021
Unlike the Cybersecurity Law and Civil Code which focus on the data subject’s consent for PI handling, the PIPL authorizes the handling of PI in the absence of an individual’s consent
09/09/2021
In 2019, the financial crimes watchdog, the Financial Action Task Force, announced that cryptocurrency firms would be subjected to rules to prevent the abuse of digital coins such as bitcoin for money laundering.
09/09/2021
Three of the CFTC’s four actions concerned commodity pool fraud.
09/08/2021
Although the majority of schools have policies in place limiting the use of phones in classrooms, rules and sanctions have not always been applied consistently.
09/08/2021
In a nutshell, if the Commission considers that foreign subsidies might distort the internal market, it can investigate and impose redressive measures.
09/08/2021
Linklaters Luxembourg was appointed by Credit Agricole Corporate and Investment Bank, as arranger, to implement a programme of debt issuance for the EU and Euratom.
09/08/2021
The proposals aim to facilitate effective and consistent cross-border application and implementation of EU AML / CFT rules and introduce a new more stringent enforcement framework in the EU.
09/08/2021
The Parliament will consider the proposed Directive during its plenary session to be held from 18 to 21 October 2021.
09/08/2021
The Data Law seeks to find harmony between privacy, cost, compliance and commerce.
09/08/2021
The European Commission has formally adopted its proposed Level 2 measures regarding the content of the PRIIPs KID along with a delay to their application.
09/07/2021
In a bid to force American embassies to resume processing citizenship renunciation requests
09/07/2021
No other creditors expressed opposition to the appointment of the VLs and on the eve of the hearing, another significant creditor confirmed in evidence that it did not oppose their appointment.
09/07/2021
These may also apply to Limited Liability Companies, Partnerships, Exempted Limited Partnerships and, in certain circumstances, to foreign companies, but this summary focuses on CayCos.
09/07/2021
Changes regarding the tender offer to subscribe for the sale or exchange of shares in a company
09/07/2021
In the last 12 months we have seen increased use of JPFs by family offices created by high net-worth and ultra high net-worth families.
09/07/2021
The Luxembourg Beneficial Ownership regulatory framework has been completed first with the issuance on February 15, 2019
09/07/2021
This would mean that short-term liabilities owed to these firms will continue to be exempt from bail-in under the Banking Act.
09/06/2021
The final fine imposed of €225m is much greater than the DPC had originally proposed to serve WhatsApp.
09/06/2021
German state-owned bank fined for Angolan loan exposed in Luanda Leaks
KfW-Ipex-Bank, an import-export bank, had loaned more than $55 million through an Angolan bank to a brewery controlled by Isabel dos Santos.
09/06/2021
Lloyds taken to court over mortgages tied to property values
The case is against the Bank of Scotland, which Lloyds merged with back in 2008 as part of a £12bn deal during the financial crisis to create the UK’s largest retail bank.