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Government Regulation

10/29/2024

Key findings of the Financial Conduct Authority's culture and non-financial misconduct survey results for UK firms

It will be no surprise to practitioners that the survey responses recorded a stark increase in the number of reported cases of non-financial misconduct with incidents up from 1,363 in 2021 to 2,347 in 2023.

10/29/2024

What Irish investment funds might expect from macroprudential regulations

Leverage restrictions seek to impose limits on the level of exposure of investment funds generally or in relation to a cohort of investment funds.

10/29/2024

Guidance for ‘fitness and probity’ regime overhaul anticipated in Ireland

Following IFSAT’s decision, the Central Bank commissioned an independent review of its operation of the F&P approval process

10/29/2024

Cayman Islands private client structures and beneficial ownership - changes of note

As a consequence of the New BO Regime a wider class of Cayman Islands entities will fall within scope of the reporting obligations.

10/29/2024

New Irish legislation to facilitate growing needs of vessels in offshore energy projects

Currently, there is no specific Irish legislation regulating offshore service vessels.

10/28/2024

The role of patents in protecting investment in mRNA technology

mRNA is the intermediary (or messenger) in the flow of genetic information from DNA to protein synthesis.

10/28/2024

Irish data protection authority fines LinkedIn €310 million for GDPR breach

The Irish DPC is often in charge of leading on data protection investigations in the tech business

10/28/2024

Tesla pushes for self-driving vehicles on EU roads by early 2025

Tesla demonstrates a proactive and positive approach, but the early 2025 deadline is likely premature.

10/28/2024

ESMA guidelines prompt Irish funds rebranding question

On 21 August, ESMA published finalised guidelines regulating the use of environmental, social, and governance (ESG)-related and sustainability-related terms in fund names.

10/28/2024

The Legal and Labor Consequences of Presenting False Sick Leave at Work

The article explored the consequences that employees who engage in this practice may face

10/28/2024

UK financial firms require robust non-financial misconduct systems

The survey, which gathered data from over 1,000 investment banks, brokers, and wholesale insurance firms, highlights significant trends and areas for improvement in workplace culture and conduct.

10/25/2024

New UK worker protection law to drive workplace culture change

The UK’s Equality and Human Rights Commission (EHRC) has made it clear that the way to anticipate and prevent risk is through the use of risk assessments

10/25/2024

HKEX Proposes to Further Expand the Paperless Listing Regime

The aim of the current proposal is to expand the use of electronic channels

10/25/2024

Deal round-up: Schemes of Arrangement in Guernsey

The takeovers have been a mixture of public-to-private deals and consolidations by way of a share exchange.

10/24/2024

Litigation Against Decentralised Autonomous Organisations (DAOs): Navigating the Legal Frontier

Litigating against decentralised autonomous organisations presents novel challenges that test the boundaries of existing legal frameworks.

10/24/2024

Implied terms read into post-LIBOR dividends mechanism

Under the offering circular for the shares, dividends were payable twice a year

10/23/2024

At a glance guide to Ogier Global Cayman Islands beneficial ownership reporting

Our team is comprised of industry specific experts to ensure we speak our clients' language and offer unique industry insights.

10/23/2024

Appointment of receivers over English property held by Jersey, Guernsey and British Virgin Islands entities

On entry into English law security and on enforcement, security granted over English assets by Jersey and Guernsey entities does not need to be registered in Jersey and Guernsey respectively.

10/23/2024

Licence regime updated as new UK trade sanctions implementation office launched

The enforcement powers of OTSI have a degree of extra-territorial effect.

10/23/2024

Court of Appeal refuses certification challenge in Gormsen v Meta

The CAT has acknowledged that the claim is raised in “an unfamiliar and novel context, namely data or information abuse”.

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