01/04/2024
Mayer Brown adds leading class action and data privacy litigator Anthony Weibell in Northern California
Privacy class actions and internet class action-related litigation are at an all-time high in California and across the country
Government Regulation
01/04/2024
Gender pay gap in UK tech sector improves but more female leaders needed
BT Group is among the large employers that are part of the 30% Club
01/03/2024
Hong Kong Virtual Assets Regulatory Update: Joint Circular on Intermediaries’ Virtual Asset-Related Activities
This Circular supersedes the 28 January 2022 joint circular on intermediaries’ virtual asset-related activities.
01/03/2024
Retained EU law reforms come into force in the UK
The Act has removed the special features of EU law that governed the interpretation and application of this legislation.
01/02/2024
Collas Crill Cayman now registered as a limited liability partnership (LLP)
Collas Crill LLP converted from a general partnership trading under the name Collas Crill on 29 December 2023.
01/02/2024
DOJ Announces Largest Stark Law FCA Settlement Since 2006
The Stark Law broadly prohibits providers from billing for certain services referred by physicians with whom they have a financial relationship.
01/02/2024
U.S. Antitrust Agencies Finalize New Merger Guidelines Intended to Reinvigorate Merger Enforcement
The impact of the 2023 Merger Guidelines on courts remains to be seen.
12/29/2023
DOJ Announces Largest Stark Law FCA Settlement Since 2006
Community engaged a valuation firm to prepare formal fair market value (“FMV”) opinions
12/28/2023
Seychelles to Introduce Framework for Regulation of Virtual Assets and Virtual Asset Service Providers
A licence shall be required for VA Wallet Providers, VA exchanges, VA Broking, VA Payment Providers and VA Investment Providers operating in or from Seychelles.
12/28/2023
Challenges of Taking Security over the Shares of a Licensed Insurer
As the result of the market-leading position of our insurance practice, we have had the chance to advise on many of the more complex deals in the market
12/27/2023
A Deep Dive into TC260’s Proposed Guide for GBA Cross-border Data Transfer
The Draft Guide provides protection standards for cross-border data flow
12/22/2023
Paperless Listing Regime and Mandatory Electronic Dissemination of Corporate Communications
In such circumstances, amendments would need to be made to a listed issuer’s current bye-laws or articles of association for compliance with the paperless listing regime.
12/22/2023
Ombudsman annual report highlights ‘good news’ for UK pension schemes
The report sets out the PO’s main focus areas for 2023-24, including measures to reduce wait times and deal with more complex cases in a more thorough way.
12/22/2023
UK Digital Securities Sandbox set to take effect
The idea is to support models and structures that would not be permitted under the existing framework.
12/21/2023
Guide to Gambling Law in the Isle of Man 2024
Casino gaming is regulated by the Casino Act 1986 (CA 1986).
12/21/2023
Diving into the section 48 investment tax credit proposed regulations
The notice of proposed rulemaking consists of several proposed amendments to the existing Income Tax Regulations under section 48 of the Internal Revenue Code (Code).
12/21/2023
Positive Development for the Cayman Islands: EU AML Delisting Process Commences
The Commission consulted the EU's Expert Group on Money Laundering and Terrorist Financing before adopting the Delegated Regulation.
12/20/2023
Converting a PIC to a Standalone Licensed Entity
A significant benefit of the PIC product has always been the ability of a sponsor/group to utilise a PIC to dip its toe into Cayman regulatory waters
12/20/2023
AI cannot be an inventor under UK patent law, rules Supreme Court
The UK’s highest court reiterated the views expressed by lower courts in the country
12/19/2023
GDPR cyber liability and compensation rights clarified by EU court
In its ruling, the CJEU also provided further clarification of the circumstances in which individuals may be eligible for compensation in the event their personal data is compromised in a cyber incident.