01/16/2025
A management agreement, sometimes called an ‘operational management agreement’ or ‘operator agreement’, is one vehicle for accessing operational real estate and seeks to harness third party operational expertise.
01/15/2025
HM Treasury's response to the feedback to its consultation on near-term bank ring-fencing reforms
01/15/2025
On the new ransomware reporting regime that is proposed, the Home Office pledged “proportionality”.
01/15/2025
Under the draft law, the CNPD would also be required to set up a regulatory sandbox for AI as part of its proposed new duties.
01/15/2025
The guidelines set out requirements for institutions regarding the identification, measurement, management, and monitoring of ESG risks.
01/15/2025
Revisions include changes to the suspicious activity reporting (SAR) process administered by the Cayman Islands Financial Reporting Authority
01/15/2025
The Council refused, citing environmental, permitting and public safety concerns.
01/14/2025
In order not to commit a Core Money Laundering Offence they must also have received consent, known as a defence against money laundering ("DAML"), from the FRA following the making of the SAR.
01/14/2025
The recommendation was contained in a new report published on Monday, the AI opportunities action plan.
01/14/2025
The regulator has decided to postpone its previously announced dynamic general insurance stress test
01/14/2025
The court had to decide whether there was any other compelling reason for the claim to be disposed of at trial, rather than summarily.
01/13/2025
The debarment regime provides for the notification of businesses of the intention to designate them as ‘excluded’ or ‘excludable’ suppliers
01/13/2025
BVI Approved Managers are required to file an annual return with the BVI Financial Services Commission (the “Commission”) by 31 January 2025
01/10/2025
Once passed before the Royal Court, the contracts are registered in the Public Registry of Jersey and are thereafter available for public inspection.
01/10/2025
HMRC acknowledged in its letter that “this can be a complex area of tax”. It suggested that charities “may want to ask an adviser for help”.
01/10/2025
With the new requirements in effect from 2 January 2025, there is now a statutory obligation for all BVI companies
01/10/2025
Jersey has a good track record in considering and granting approvals in respect of fund vehicles
01/10/2025
The Amendment Act clarifies the definition of beneficial owner
01/10/2025
It is a criminal offence to complete or take steps to complete a notifiable transaction prior to the minister issuing a clearance decision
01/09/2025
Some of the changes will merely pull former EU law properly into UK regulatory rulebooks with minor tweaks, but other proposals are new and significant and include a number of new regulated activities.