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Government Regulation

04/21/2023

Deal reached on EU Chips Act

The EU’s current share of the market is around 10%.

04/21/2023

EU Crypto Regulation - MiCA and TFR adopted

The remainder of the provisions under MiCA together with the TFR will apply from January 2025.

04/20/2023

Doing business in the UAE: an introduction

The UAE is a federation of seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al-Khaimah, Shajah and Umm Al Quwain.

04/20/2023

The Guernsey Regulators FAQS on Part II Licenses Under the LCF Law

Even where a book of loans is in run off, the provider will not automatically be entitled to an exemption from the requirement for a licence.

04/19/2023

Guidance for UK employers on voluntary ethnicity pay gap reporting

The government published the guidance earlier this week. It largely reflects the methodology used for gender pay gap reporting, while recognising the additional complexity of comparing pay across more than two groups of employees.

04/18/2023

EU – The CJEU considers the application of the GDPR to civil litigation

The CJEU decided that any processing of personal data, including processing carried out by public authorities such as courts, must be based on a legal ground under Article 6 GDPR.

04/18/2023

Enforcement of Foreign Judgments and Arbitral Awards from Asia in Offshore Jurisdictions

As this article demonstrates, there are a number of strategies that can be adopted to enforce judgments and arbitral awards in the BVI, Bermuda and the Cayman Islands and to challenge their enforcement.

04/18/2023

Hogan Lovells appointed Monitor to oversee compliance with policing agreement between DOJ and City of Cleveland

Hogan Lovells Partner Karl A. Racine will lead the monitoring team.

04/17/2023

FCO one step closer to obtaining unprecedented intervention powers following governmental approval of draft German competition law reform

The draft will now enter the legislative procedure.

04/17/2023

How to apply for a British Virgin Islands virtual asset service provider licence

The Act contains a prohibition that no person should carry on, in or from within the British Virgin Islands, the business of providing a virtual asset service without being registered by the regulator in that regard.

04/17/2023

The New Commercial Planning and Environmental division of Ireland's High Court that becomes effective from today

This new list will hopefully alleviate delays and will enable more efficient management by the Courts of the broad range of planning and environmental cases

04/17/2023

Western Australia closes consultation on draft decarbonisation bill

CCS involves the capture of greenhouse gases from carbon intensive industries, such as mining and oil and gas, and injecting those greenhouse gases back into the ground, with the intent of offsetting the total emissions from those industries.

04/17/2023

Recent changes to Jersey's AML/CFT regime – a user-friendly summary and FAQs

Existing entities which were previously out of scope have until 30 June 2023 to comply with the new regime.

04/17/2023

Online tool to determine if the recent changes to Jersey's AML/CFT regime applies to an entity

This tool has been developed in connection with the Proceeds of Crime (Jersey) Law 1999

04/17/2023

Public Holidays - Can You Require an Employee to Work

With ANZAC Day fast approaching, employers should take careful note of this decision and consider whether any requests for employees to work on that day are, in fact, reasonable.

04/17/2023

UK government confirms new corporate criminal offence of failure to prevent fraud Significant development for corporate criminal liability

This new offence would be a game changer for law enforcement – bringing the law on fraud in line with bribery.

04/14/2023

‘Failure to prevent’ fraud offence to apply in UK to large organisations

The move comes at a time when fraud has been calculated to account for 41% of all recorded crimes in the UK.

04/14/2023

Cayman Islands: recovery of foreign attorneys' fees for successful litigants

The Cayman Islands does permit foreign attorneys to be admitted on a temporary basis

04/14/2023

The reuse and transfer of data held by public sector bodies under the EU Data Governance Act

The new legal framework arising from DGA should improve the flow of data within European cross-sectoral value chains and create specific data common spaces in various sectors of the economy.

04/14/2023

New UK "failure to prevent fraud" offence

Significantly, anti-money laundering offences are not included.

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