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Important employment law reforms announced

This comes as part of news that the Government is intending to change its approach to retained EU law.

Taxation of Luxembourg Reverse Hybrid Entities: Initial Administrative Circular and Compliance Guideline (Form 205)

Additional administrative guidelines are anticipated, particularly regarding the collective investment vehicle exemption and the hybrid mismatch rules.

ESMA consults on sustainability in suitability and product governance

SFDR made certain changes to MiFID II, which have applied since November 2022.

Securitisation and Cayman Orphan SPVs – Part Three

This third article will focus on the administration of a Cayman Islands Orphan SPV as it relates to a securitisation transaction as well as the Cayman Islands entities which can be used in a securitisation structure.

The Cayman Islands: One Step Closer to Removal from the FATF Grey List

At the conclusion of the June Plenary, the FATF has announced that the Cayman Islands has made significant progress towards fulfilling its action plan, and has authorised an on-site visit.

GDPR data subject access rights clarified by CJEU

The Court of Justice of the EU (CJEU) also confirmed, however, that organisations will generally not have to reveal the identify of the employees

Training Opportunities in Conyers Trust and Corporate Services

Selected candidates will participate in a structured program that combines theoretical learning with practical hands-on client work

Sustainability disclosure standards to be published by ISSB

Publication is expected during week beginning Monday 26 June 2023.

Transfer by way of continuation into the Cayman Islands

Subject to any prohibitions, restrictions and/or requirements under the laws of the Relevant Jurisdiction, the Cayman Island's statutory procedure is very straightforward.

Regulation of virtual asset service providers (VASPs)

The regulation of VASPs is a new regime for the Bailiwick of Guernsey (the Bailiwick)

Record Keeping Update - Cayman Islands Regulated Entities

The guidance applies to all entities regulated by CIMA

DORA standards on ICT risk in financial services proposed

DORA requires financial firms to classify ICT-related incidents and determine their impact based on criteria outlined in the legislation

Court rules that genuine attempt to restructure did not put assets beyond reach of creditors

The ruling will be welcomed by lenders and professional advisers.

Macfarlanes joins the Black Talent Charter as signatory

The aim of the Charter is to work collaboratively with organisations across the financial and professional sectors

Thirty Madison Acquires Assets From The Pill Club in Section 363 Sale

The acquisition will allow Thirty Madison to provide continuous reproductive care to those who would otherwise be without options

Latham & Watkins Launches Virtual Experience Program on Capital Markets Law

Complimentary program on Forage offers business, academic, and legal community opportunity to advise on a hypothetical initial public offering and learn more about working at a global law firm.

English football clubs to benefit from new immigration rules

The availability of the route depends on a points-based system that now includes a new and significant exemption in the men’s game.

Amendments to the BVI Civil Procedure Rules Series – Part Two

Any proceeding can be heard in private with the consent of the parties.

New rights for parents and carers in the UK

The three Acts will come into force at different times and secondary legislation will provide further detail and bring them fully into effect.

Data subject access requests (DSARs) - ICO guidance

They are entitled to be told where the information came from, what it is being used for and if and with whom it is being shared.

Government Regulation