05/14/2021
The European Court of Human Rights ruled that Luxembourg’s treatment of whistleblower Raphael Halet “struck a fair balance” between protecting his freedom of expression and the rights of PwC, despite objections from two dissenting judges
05/14/2021
In addition, the government, lawmakers and the FCA will have to balance how best to reduce the regulatory burden without London losing the reputation for high standards which is of critical importance to its success as a global financial centre.
05/14/2021
Some member states currently have ceilings on cash payments, ranging from €500 in Greece to €15,000 in Poland.
05/14/2021
The extension is as a result of the ongoing effects of COVID-19.
05/13/2021
Companies that are considering adopting any changes that override the general rule should be mindful of Guernsey economic substance requirements and non-Guernsey tax issues, especially if changes could cause a board meeting to be treated as being held out
05/13/2021
London corporate team represents the bookrunners in a capital raise by UK ecommerce and technology company THG.
05/13/2021
The overall decline in the use of cash makes it more expensive to maintain the existing infrastructure that supports it.
05/13/2021
These changes will be most relevant to the funds industry in Guernsey
05/13/2021
Privatisations by way of a Cayman Islands statutory merger are often financed by loans.
05/13/2021
This guide provides newly registered private funds with an overview of these obligations to ensure not only that they remain within complete compliance but can plan accordingly around the specific criteria and deadlines.
05/12/2021
The CSSF also confirms that the circular does not create any precedence for employees to claim a right to remote working
05/12/2021
Where a director makes the above declaration without reasonable grounds, certain parties (including creditors or liquidators) may apply to court to hold directors who made the declaration personally liable for all or any of the company’s debts.
05/12/2021
The Commission proposes to lift travel restrictions for people who have received the last recommended dose of an EU-authorized vaccine at least 14 days before arrival to the EU.
05/12/2021
Continuing our look at India’s four new codes, this month we take a look at the new Industrial Relations Code and unpick what it means for employers operating in India.
05/11/2021
The vast majority of schemes, big and small, are already required to report on how they incorporate financially material factors (including ESG) into their investment strategy and on their stewardship activities.
05/11/2021
As South Africa is a common law jurisdiction, albeit one with a governing constitution, the courts’ approach to interpretation is more similar to that of the UK’s courts rather than those of Germany or Spain.
05/11/2021
The FCA said: “Firms are not expected to report to us on their progress towards meeting the timeline of 31 December 2021 in the EBA guidelines regarding legacy outsourcing arrangements.
05/11/2021
Since 2017 the NFRD obliges certain businesses in the EU to report on non-financial aspects of their investment products
05/11/2021
Frankfurt joins London, Amsterdam, Paris and Dublin as one of the largest locations for data centres in Europe.
05/11/2021
In addition, the CSSF points out that remote working arrangements must comply with the provisions of the Luxembourg Labour Code and must not contravene any mandatory public policy provisions.