03/20/2023
Guidance concerning the disqualification of a person from acting as a director
The most common way the AG will become aware of any disqualification triggers would be through the JFSC
Government Regulation
03/17/2023
Irish FinTech Regulation Focus 2023 - Six Key Areas
This sector continues to see significant growth
03/17/2023
New guidance in the UK for horizontal agreements… but pitfalls remain
The CMA has also subsequently entered into the sustainability debate by publishing draft sustainability guidance, which we will discuss in a forthcoming blog.
03/17/2023
Carrying on business in the Cayman Islands
The guide below sets out the process and procedure to apply for a trade and business licence and, where applicable, a licence under the Local Companies (Control) Act (as amended).
03/17/2023
Asia IP Quotes Katherine Wang on China’s New Data Privacy Laws and Cross-Border Data Transfer Regulations
Katherine closed by advising that “Companies will need to assess if they are subject to the security review for cross-border data transfer
03/16/2023
Amendment to Matrimonial Causes Act Brings No-Fault Divorce to Bermuda
These amendments have brought a welcome end to the divorce “blame game” that was required under the old legislation.
03/16/2023
Short-term Pain With Possible Long-term Gain - Analysis of New Pensions Benefits
Employers who have seen experienced and highly skilled workers being forced to retire early or work part time due to the lifetime allowance will welcome this change.
03/16/2023
The impact of the EU’s Alternative Investment Fund Managers Directive (AIFMD) on structures established in Luxembourg: What steps must be taken to comply with the Directive?
Specific requirements are applicable with respect to the members of the management body
03/16/2023
Draft revised planning policy for English road, rail and freight development published
The public consultation on the draft revised NNNPS will close on 6 June 2023
03/16/2023
Government starts review of English ports national planning policy statement
Confirming the review, transport secretary Mark Harper said: “It is important to ensure the statement continues to support decision making effectively.”
03/15/2023
What is the revised scope of Jersey’s AML/CFT/CPF Regime and what are the options for those now in scope?
It is important to note that there has been no change to scope of JFSC Regulation.
03/15/2023
Government plans to limit UK employer liability over views expressed at work
Under the Bill, employers in the UK would face a positive duty to “take all reasonable steps” to prevent their employees experiencing workplace sexual harassment.
03/14/2023
Businesses await Hunt’s UK spring Budget
When Hunt sets out his spring Budget on Wednesday, he will do so buoyed by recent improvements to the UK’s short-term economic outlook.
03/14/2023
Dentons offers staff an additional week of bonus leave
In addition, Dentons has increased its paid parental leave arrangement for all Direct Carers.
03/14/2023
Developments, deals and determination: Shoosmiths shows its real estate expertise
Shoosmiths also showcased its expertise, supporting major real estate acquisitions in 2022.
03/14/2023
Cayman Islands SVB update for startups and founders
It has also been heartening to see so many industry participants offering assistance and information to those impacted.
03/14/2023
HMRC’s new Guidelines for Compliance: what large businesses need to know
Large businesses that fall within the enhanced compliance regimes, such as the senior accounting officer regime (SAO) and the obligation to notify uncertain tax treatments (UTT), will need to be particularly aware of GFCs.
03/14/2023
The new role of patents in energy innovation
Buying the necessary hardware from component suppliers who have the right licenses can deal with these issues.
03/14/2023
DOJ announces new polices concerning third party messaging apps and compensation clawbacks
The reason for this risk is that the ability to preserve business-related electronic data is a basic yet important step in responding to DOJ or regulatory requests for documents.
03/13/2023
Bermuda emerging as jurisdiction of choice for European investors in CRE CLOs
The collateral comprises real estate loans backed by mortgages over the underlying real estate assets.