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International Data Privacy Day 2022

Throughout the year, we saw significant changes to international data transfers

Financial Services & Banking News

The technical standards aim to ensure that stakeholders are well-informed about institutions’ ESG exposures, risks, and strategies and can make informed decisions and exercise market discipline.

Walkers (Bermuda) acts on BlockFi International's Digital Assets Business Licence

In addition, BlockFi will open a new office in Bermuda to be staffed by a combination of local talent and existing BlockFi staff.

The Right To Request Remote Work - Update For Employers In Ireland

The penalisation provisions as currently drafted can protect employees from day one.

Amendments to the constitutional documents for offshore companies listed in Hong Kong

The existing Hong Kong listed issuers are expected to ascertain that they are in full compliance with the Core Standard.

The Right to Request Remote Work - Update for Employers in Ireland

Employees with 26 weeks continuous service may make a request for remote working arrangements.

US Corporate Transparency Act proposed regulations published

A reporting company must file a corrected report within 14 calendar days of such reporting company becoming aware or having reason to know of the inaccuracy.

Changes To Luxembourg Reporting Requirements

The report must be submitted to the CSSF annually through the online e-Desk platform within six months of the financial year-end of the supervised entity.

New notification requirements for FCA regulated investment firms in groups

The notification needs to be made “immediately” on the relevant investment firm becoming aware of the notifiable change.

Five Things Employers in Ireland Need to Know About Changes to the Public Health Advice

Refresh and update Return to Work training for all employees

Restrictions on cryptoasset promotions tightened in Singapore, Spain and UK

The regulator plans a clampdown on inducements to high-risk investments, such as payments to new customers or ‘refer a friend’ bonuses.

Enforcement of foreign judgments - Bermuda (Kluwer Law International)

Bermuda is a British Overseas Territory and its legal system is derived from the English legal system.

Continuing obligations of Cayman Islands private funds

Once a private fund has received capital contributions from investors, following Part 3 of the PFA, it is required to comply with the requirements below.

Cyprus Beneficial Owners regime- Factsheet

To the extent that they are registered with the Department of Companies and Intellectual Property

European Commission approves German hydrogen import programme H2Global

The EU Commission also said that in the future H2Global should help to meet the expected hydrogen demand not only of Germany but also of the EU, since the EU Commission expects demand to increase significantly.

Future UK IP rights exhaustion regime decision delayed

As a result, it has not been possible to make a decision based on the criteria originally intended.

US FTC/DOJ Launch Process to Potentially Rewrite Merger Guidelines

The agencies’ questions for public comment ask about every aspect of the merger review process.

Singapore sets out corporate climate and board diversity disclosure requirements

According to Singapore Exchange (SGX), climate reporting will be made mandatory for listed businesses

Hong Kong Monetary Authority provides update on proposed regulatory framework for payment-related stablecoins and upcoming crypto-asset guidance

The HKMA considers that certain key functions in a typical stablecoin arrangement may not be captured by the proposed enhancements to the AMLO

UK imposes broad new rules and restrictions on promotions in the crypto industry

The government consulted on extending the financial promotions regime to the crypto industry in 2020.

Government Regulation