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UK Director Verification Measures Target Financial Fraud

A transition period will be implemented for companies already on the register to comply with the new requirements, after which criminal sanctions or civil penalties may apply.

Startups and family businesses in California: Do you need an employee handbook?

In California, when a business has five or more employees, we usually recommend a business create an employee handbook as a guidebook for what employees can expect and as a resource for supervisors.

Company withdraws appeal against ultimate beneficial holder’s liquidation order

There is a general common law rule that a winding up order on the ground of insolvency is a special circumstance that justifies the making of an order for security for costs.

Consultation on Martyn’s law published but questions remain

Those responsible for standard tier premises, essentially those with control of such premises, must notify the regulator that they are responsible for qualifying premises.

Hogan Lovells explores enforcement and regulatory implications of False Claims Act in 2024

The FCA guide examines particular areas where DOJ is expected to focus its enforcement resources

Amendment of the German Lobbying Register Act - new compliance obligations for companies coming into force

Companies, associations, public affairs agencies and natural persons that are already registered in the Lobby Register will once again face compliance challenges

Oman data protection regulation now in force

The regulations provide important detail on a number of aspects of Oman’s data protection regime, which generally reflects international best practice on data protection, save for some important differences.

Why do data protection laws matter?

Data protections laws act as a guarantee against unwarranted intrusions in the lives of individuals by permitting the setting up of boundaries and creating barriers.

Regulatory Focus on Undue Costs in UCITS and AIFs

On 17 May 2023, ESMA published an Opinion on undue costs of UCITS and AIFs

EU seeks to clarify boundaries of cryptoasset regulation

ESMA is consulting on new guidelines which aim to shed light on key questions relating to MiCA’s scope and has also published guidance regarding transitional measures.

The Licensing and Regulation of Banks and Trust Companies in the Cayman Islands

It deals in broad terms with the requirements of Cayman law for the establishment and operation of such entities.

Businesses must avoid ‘complacency’ on pay to minimise risk of recognition requests

Black said that employers should be keeping an eye on competitor pay and banding to ensure they are not falling behind others in the sector.

Reaction as EU vote on Corporate Sustainability Due Diligence Directive is delayed

Herbert Smith Freehills' partner responds to news that a routine vote on the EU's due diligence law (the Corporate Sustainability Due Diligence Directive) has been postponed

Endeavor Energy Resources and Diamondback Energy to Combine in $26 Billion Deal

Upon closing, Diamondback’s existing stockholders are expected to own approximately 60.5% of the combined company

Non-financial misconduct in financial services regulation –where do we stand?

However, the absence of explicit regulatory guidance, as well as some apparent inconsistencies in regulatory decisions have led to some uncertainty as to the scope of the FCA’s authority.

NIS2: Netherlands to miss EU cyber law deadline

Experts in technology and data law and risk at Pinsent Masons in Amsterdam said the recent announcement made by the Ministry of Justice and Security should not delay their preparations for NIS2.

Debevoise Intellectual Property Litigation Practice Again Receives Top Rankings from World Trademark Review 1000

Counsel Jared Kagan, ranked in the bronze band in New York

The States makes a major change to Jersey intestate collateral succession rules

Under Jersey customary law, a piece of immovable property which is inherited on intestacy falls into one of two categories; it is either a propre or an acquêt.

Successful succession: Personal investment holding companies in the BVI

Shares in a BVI Company may be held jointly with rights of survivorship

Revolut ruling puts bank account closures back in focus

In the case before the High Court, Revolut closed the account of Ildar Uzbekov based on hundreds of online articles which included allegations of money laundering

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