12/16/2022
HMRC mulls overhaul of CIS deductions for landlord payments
HMRC asked for industry stakeholder views on two proposed solutions suggested by the Construction Forum.
Government Regulation
12/16/2022
Leading law firm for 13 areas in Singapore, Japan and Indonesia in Chambers Asia Pacific 2023
We are honoured to receive this accolade, which builds upon our rankings last year.
12/15/2022
Guernsey to progress public-private partnership
It was due to be debated at the States meeting on 26 January 2022 but was withdrawn from the agenda pending further engagement and consultation.
12/15/2022
Cybersecurity and data breaches in the Cayman Islands
The Rule and Statement of Guidance set out CIMA's requirements in relation to the management of cybersecurity risks.
12/15/2022
Offshore Centres Update: Q3 Sukuk Activity and Launch of Shariah Compliant Funds
In this Country Correspondent Report for Islamic Finance News ("IFN"), Manuela Belmontes discusses the activity of the sukuk market in Q3 and the launch of Shariah compliant funds
12/15/2022
UK festive period travel disruption: UK Border staff industrial action 23 to 31 December 2022 inclusive
UK Border Force staff will be striking at a number of UK airports from Friday 23 December to Saturday 31 December 2022, the Public and Commercial Service (PCS) union has announced. The strike action falls during what is typically a period of high-volume t
12/15/2022
Privacy Shield 2.0: EU-US data transfers decision drafted
There are different mechanisms provided for under the GDPR that businesses can rely on for ensuring EU, or UK, data protection standards continue to apply to personal data when exported. Adequacy decisions are one such mechanism.
12/15/2022
Singapore's latest push as a restructuring and insolvency hub – Amendments to SICC rules
This growth can also be attributed to enduring efforts to innovate and reform.
12/15/2022
ESAs publish Q&A on the SFDR RTS
The Q&A is very detailed, comprising 60 questions over 34 pages and including worked examples, tables of guidance and decision trees.
12/14/2022
Economic environment a risk to mobile network investment, Ofcom acknowledges
Ofcom set out its position in a new paper addressing its future approach to mobile markets and spectrum
12/14/2022
SMCR review raises concern over additional expenditure and future enforcement complexity
The move is part of a wider package of measures dubbed the ‘Edinburgh Reforms’ which the Treasury is proposing to take to streamline regulation and promote investment and growth.
12/14/2022
Latham & Watkins Advises GoGreen Investments in Business Combination With Lifezone Metals
A multidisciplinary deal team represents the SPAC taking public the first nickel resource and green technology company to be listed on the NYSE.
12/14/2022
Discord Inc fined EUR 800,000 by French Regulator
Last month Discord was given a strong reprimand and significant fine by the French regulator.
12/14/2022
DAC8: reporting rules on crypto-asset transactions
Proposed changes to the Directive on Administrative Co-operation in DAC8 include reporting rules for service providers facilitating transactions in cryptoassets
12/13/2022
UK’s appointed representative reforms mean new data demands on firms
Under the new rules, principals will be required to notify the FCA of future AR appointments 30 calendar days before they take effect and provide complaints and revenue information on their ARs to the FCA on an annual basis.
12/12/2022
Amendments to Guernsey's Insolvency Law 2022: The Annotated Guide
Reform of Guernsey's insolvency regime has long been discussed and a process of reforming the Companies Law to expand and improve the insolvency legislation has been underway leading to the 2017 formal approval of proposals for reform.
12/12/2022
UK businesses to face increased scrutiny of online selling practices by CMA
Consumer law experts said businesses should review their selling and marketing practices and could face increased compliance risks.
12/12/2022
Changes to Guernsey's insolvency regime in force from 1 January 2023
Exempt companies in liquidation from the requirement to have their accounts audited.
12/09/2022
BVI Voluntary Liquidations Now Require a Locally Resident Voluntary Liquidator
The BVI residency requirement for a voluntary liquidator applies for appointments made after 1 January 2023 and in cases where joint voluntary liquidators are appointed, only one must be resident in the BVI.
12/09/2022
Diagnostic hubs raise tax and regulatory issues for landlords
The Department of Health and Social Care has said 91 such diagnostic centres are already operational and have delivered more than 2.4 million tests, checks and scans since July 2021.