09/21/2021
Global law firm strengthens client offering in Turkey through alliance
This alliance stems from a shared vision.
Government Regulation
09/21/2021
Law that creates work-from-home right for UK employees to be confirmed on Thursday
This will allow anyone to make a request from the start of their job, with the move aimed at enabling women, disabled people and carers to balance their work and life commitments.
09/21/2021
FINRA Fines Ex-Merrill Rep Who Hid Felony Drug Charges
Since he is no longer registered as a broker or advisor, the suspension will be imposed only if he reassociates with a member firm.
09/21/2021
Comprehensive changes needed for some businesses to fully comply with Enhanced and Simplified Due Diligence Measures and Exemptions
The findings highlight a range of statutory obligations and regulatory requirements that were either not complied with or were only partially complied with.
09/20/2021
Bermuda employers turning to SafeKey to unlock return to new “normal”
The President characterised this initiative as one necessary to counter "a pandemic of the unvaccinated", stating, "This is not about freedom or personal choice.
09/20/2021
The new pensions offences coming into force
These offences may affect anyone dealing with an employer with a defined benefit scheme, including counterparties, lenders and advisers, unless they have a “reasonable excuse”.
09/20/2021
Changes to the Notifiable Events Regime: How Will They Affect You?
Although the changes are not expected to come into force until 2022, transactions happening now might be relevant to whether future transactions pass the 25% threshold
09/19/2021
FCA bans financial adviser convicted for grooming
The FCA has banned director Jon Frensham (formerly known as Jonathan James Hunt) from performing any regulated activity.
09/19/2021
US Tax Reform is Coming: What it Could Mean For You?
The top long-term capital gains rate would be increased from 20% to 25% for taxpayers in the highest ordinary income tax bracket, effective for sales after September 13, 2021
09/17/2021
Financial Regulation: Daily Update
A feedback statement, setting out next steps, will follow in 2022.
09/17/2021
UK data protection law reform advocates ‘privacy management’
The government is also proposing to tackle “over-reporting” of personal data breaches by increasing the threshold for notifying the ICO of such incidents.
09/17/2021
Watchdog fines companies for sending 354 million nuisance messages
These companies should have known better.
09/17/2021
Cookie law faces revamp under UK data reforms
Cookies are small text files that record internet users' online activity.
09/17/2021
Tech companies shape UAE data law
A new data law is to be introduced in the UAE.
09/17/2021
SEC Surpasses $1 Billion in Awards to Whistleblowers with Two Awards Totaling $114 Million
The SEC has awarded approximately $1 billion to 207 individuals since issuing its first award in 2012.
09/17/2021
Analysis: How trade laws could stymie growth in ESG-focused exports
Spak and Lynd explain the need for a change in the regulatory framework to accommodate the increasing number of benefit corporations and, more broadly, ESG principles in trade law.
09/17/2021
Property boss banned after taking £4.7m from investors
Based on the site of a former convent at Woodchester, near Stroud, the complex would include a hotel, music venue, members club and spa.
09/17/2021
Transferring Data under the new Standard Contractual Clauses
There will only be one set of SCCs going forward, which can be adapted by omitting modules that are not relevant.
09/16/2021
Data protection for investment funds domiciled in the British Virgin Islands
In addition to governing how a data controller processes, uses and retains personal data, the Act also sets out the rights of individuals to control their personal data and implements a series of offences and enforcement measures designed to ensure compli
09/16/2021
Supervisory measures and penalties in relation to financial holding companies
Once approved, relevant holding companies will become responsible for ensuring their group meets consolidated prudential requirements and that they continue to meet the approval criteria.