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Eastern Caribbean Supreme Court Issues New Practice Directions

The above summary will be supplemented shortly by an article discussing the “ins” and “outs” of the newly adopted practice directions.

New offence of failure to prevent bribery – Guernsey

To remedy this, Guernsey has now introduced offences of failure by corporate entities to prevent bribery and facilitation of tax evasion

The Corporate Transparency Act: US CLO Co-Issuers and Issuer Subsidiaries

In scenarios where these vehicles are within scope of the CTA, the Maples Group provides a dedicated range of CTA services, which will significantly alleviate the regulatory and compliance burden for clients and US counsel from this legislation.

Pension Ombudsman highlights importance of clear fee information

In particular, he claimed that the documents he received before setting up the account did not state how much the fees would be, and other fee documents received later lacked transparency.

Irish ruling affirms no doctrine of partial or temporary frustration of a lease in Irish law

In its analysis, the court closely examined the terms and clauses of the lease that were of critical importance.

Changes possible as England reviews regulatory approaches towards litigation funding

The CJC working group is also currently calling for expressions of interest to join a wider consultation group

Regulation Of Moneylending In Mauritius

The Moneylenders Act was repealed and the supervision, regulation and licensing of moneylenders were entrusted to the Bank of Mauritius.

Pension buy-outs: managing a surplus on winding-up

Member communication and managing expectations in relation to surplus plans is vital when surplus is to be returned to the company, as it helps avoid any potential disputes or claims.

Latest Update to the Burges Salmon Triage Tool in respect of UK Pensions for International Companies

The updated tool includes guidance on the new Funding and Investment Strategy Regulations

Ground rents cap represents compromise, says expert

The report stage for the Bill has been reached in the House of Commons

DLA Piper advises BASF on acquisition of 49% of Germany’s Nordlicht offshore wind farms

BASF will use its 49% share of electricity to supply its chemical production sites in Europe, especially in Ludwigshafen.

New statutory protection for Jersey’s children and young people

The CYP Law includes updated protection for children and young people in care and care leavers up to the age of 25.

Jersey introduces licensing scheme for landlords

Properties such as lodging houses, tourist accommodation and nursing / care homes are separately regulated, so are not covered by the Regulations.

The Luxembourg government approves major amendments to proposed reform of residential leases

The government decided to entirely amend the provisions regarding the controversial rent ceiling reform and declared a new proposal may be issued following a wider consensus.

The UK's non-dom regime - time to reform rather than replace?

It is clear that, given the UK's political environment and heated debate about the non-dom regime, some degree of change is inevitable.

Disruption claims in construction

Disruptive events usually lead to other problems which further adversely affect productivity on site

UK minded to introduce umbrella company statutory due diligence requirement

The government has said that it remains concerned about the scale of non-compliance surrounding umbrella companies, and the detrimental impact that this has on workers, taxpayers and the labour market.

Preparing businesses for director incapacity in the UK

In this article we consider specifically a director's mental incapacity

Financial firms should plan ahead as Irish regulator publishes final SEAR regulations

While there are not substantive changes in the final SEAR regulations from the draft regulations

Human rights protections inhibit employer sanctions over lawful strike action, rules Supreme Court

Employers should continue to exercise caution when considering whether to impose a detriment short of dismissal in the context of workers participating in lawful industrial action.

Government Regulation