04/14/2021
A closer look at gender-lens investing
While gender-lens investing is spoken about in the industry and at a regulatory level, meaningful execution is distinctly lacking.
Government Regulation
04/14/2021
Mauritius updates to the Anti-Money Laundering and Combatting the Financing of Terrorism handbook
The Financial Services Commission (FSC) in Mauritius issued an Anti-Money Laundering and Combatting the Financing of Terrorism Handbook 2020 (AML/CFT Handbook) in January 2020
04/14/2021
Lawyers remain laggards in adopting money laundering risk assessment tools
Only 57% of lawyers had a business risk assessment in place last year, placing them last in a list of sectors that includes credit institutions, gaming companies, trust services providers, notaries and accountants
04/14/2021
Essential Compliance Update
Goodacre UK is a leading specialist business and technology consultancy working exclusively with regulated companies and suppliers in the financial services sector.
04/14/2021
DC pensions: incorporating performance fees in the charge cap
Trustees will also be able to use an alternative ‘multi-year approach’ to assess charge cap compliance, which allows them to ‘smooth’ performance fees over multiple years.
04/14/2021
Malta launches new citizenship by investment programme
It is a member of the EU and offers its citizens visa free travel to over 180 countries.
04/14/2021
BVI Incubator and Approved Funds – when and how to convert
The new fund categories have proved popular with many new managers and, thanks to their growing asset bases, many of these managers are now reaching the threshold limits for conversion.
04/13/2021
UOB raises $1.5bn in Singapore ESG bond first
The bond will be issued under the UOB 's $15 billion global medium-term note programme and the expected issue date for the notes is 14 April.
04/13/2021
Cayman Regulatory Update - Q2 2021
The Regulatory Update provides a snapshot of the key legal developments in the Cayman Islands over the last quarter.
04/13/2021
Caribbean Cayman Regulatory Update - Q2 2021
The Regulatory Update provides a snapshot of the key legal developments in the BVI and the Cayman Islands over the last quarter.
04/13/2021
Hydrogen sector gets new legal framework boost in France
The grant scheme established by this text will most certainly be a major factor in making France's energy strategy a success in respect of the challenges for the country’s energy sovereignty and technological independence.
04/13/2021
Cyprus Launches New Registry that Identifies Company Owners
The plan included the establishment of the UBO registry - an already existing obligation under the EU’s 4th anti-money laundering directive.
04/13/2021
Ashurst advised CapMan on third Nordic real estate fund
Global law firm Ashurst advised CapMan on the establishment of their third Nordic value-add real estate fund, the CapMan Nordic Real Estate III Fund.
04/12/2021
Financial Regulation – Guernsey well placed to attract sophisticated financial services business
Guernsey has carved out a strong position as tried-and-tested when finding the right balance between robust regulation and pragmatic solutions which enable the financial services sector to get on with business.
04/12/2021
Mergers and acquisitions involving a BVI regulated entity: navigating the BVI regulatory landscape
Walkers has the leading offshore dedicated regulatory team, providing BVI law expert regulatory advice from our offices in the BVI, the Cayman Islands, London and Hong Kong.
04/12/2021
S&C Clients Obtain Dismissal of Antitrust Claims Against Banks Over Treasury Products
Plaintiffs asserted antitrust and unjust enrichment claims based on an alleged manipulation of U.S. Treasury auctions
04/12/2021
No turning back - An update on the key elements of DAC6 for EU member states
The principal objective of DAC6 is to provide tax authorities with early warning of arrangements that may involve aggressive tax planning.
04/09/2021
RFI on Financial Institutions’ Use of AI Provides Opportunity to Shape Future Regulatory Framework
The use of AI by financial institutions is not new, from using AI to analyze contracts and financial statements, to oversight of traders, to chatbots to communicate with customers
04/09/2021
Bermuda Offers Economic Investment and Residential Certificates Under New Policy
The Economic Investment Certificate is valid for five years, after which holders are eligible to apply for the Residential Certificate.
04/09/2021
Ban for accountant jailed over £400k theft from major City law firm
She worked for Clyde & Co, through its service company, from August 2008 until September 2017, when she resigned.