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Cayman Islands Schemes of Arrangement now available for Exempted Limited Partnerships using the Restructuring Officer Regime

With the increasing use of the restructuring officer regime in the Cayman Islands

EU plans to simplify biotech regulation outlined

An EU regulation providing for the EHDS moved closer to being finalised earlier this month

New UK legislation on security of IOT devices

It is worth noting that the EU will soon be implementing its own legislation governing the security of internet-connected products, the details of which are outside the scope of this note.

Walkers advises on Jersey’s first tokenisation platform

Our team advised Backed Finance AG on all Jersey legal and regulatory aspects in forming the Jersey issuer of tokenised assets

Irish Central Bank issues proposed changes to consumer protection code

The first Standard of Business requires that a firm “at all times…secures its customers’ interest” and will only apply to firms' dealings with Irish consumers.

The legality of screen scraping in Ireland

The rise of generative AI and the way data is sourced for use by such systems promises to reignite discussion on the topic.

New UK PFAS restrictions closer as debate over alternatives intensifies

Plans to develop a specific restriction on the use of PFAS in firefighting foam (FFF) are also to be taken forward.

FCA publishes business plan reminding firms of focus areas

The FCA introduced its 13 commitments in its 2022 strategy with the recent business plan setting out ongoing work for each commitment.

The impact of the new EU mass actions directive across Europe

The growth of mass actions presents increased challenges and risks for businesses, particularly those which provide services or goods to consumers.

Companies Act amendments - Cayman Islands

The Amendment Act is not yet in force and will come into force by the making of a subsequent Cabinet order.

BVI announces new work permit exemptions

Any BVI business wishing to utilise one of these exemptions for a service provider or staff-member must notify the Chief Immigration Officer 48 hours in advance

Privacy Rights Extend Outside Bermuda

There are many ways in which personal information is collected for use from individuals who are outside of Bermuda.

Private Funds and the Cayman Islands Fund Annual Return Deadline

Our experienced team has a deep understanding of the FAR requirements

Parental Bereavement Leave: Jersey to Implement Further Family Leave Rights

The leave will be a “day one” employment right and may be taken without notice

‘No re-export to Russia’ clause to become mandatory for EU operators

When doing this, an operator must have satisfactory procedures in place for following and maintaining the necessary information

Building Futures: CIB and FNBC Collaborate to Drive Indigenous Infrastructure Development

Gowling WLG was counsel to the CIB with respect of its collaboration with FNBC to create the loan product with a team comprised of Myron Dzulynsky, Elizabeth Burton, Lilly Wong, Keith Brown and Reagan Chornoboy.

These Are the Limits the Law Puts on Confidentiality Clauses Within Companies

It depends on what is proven in the process and what the judge declares.

Doron Goldstein discusses proposed federal TikTok ban with Law360

TikTok has pushed back against the suggested ban

Ruling recognises foreign representatives’ right to pursue potential claims in Australia

The Federal Court was satisfied that the Geneva proceeding was a foreign proceeding and a collective proceeding.

BVI Cabinet approves new Belonger Status and Permanent Residence Policy

Residents may need to renew their Residence Status certificates every five years to maintain residency

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