07/27/2023
The introduction of GIMLIT could pose some real challenges for Guernsey, where proximity is close and finite resources means that MLRO's can often hold more than one appointment across groups/financial services businesses.
07/27/2023
Emergency arbitration allows parties to seek urgent temporary interim and conservatory relief
07/27/2023
The long legislative process has led to some uncertainty in the market
07/26/2023
Principally this will be with the outsourcing firm, but we want to mitigate the potential systemic impact that could be triggered by a critical third party.
07/26/2023
HMRC being barred from proceedings does not mean that these have come to an end: Ebuyer’s appeal against the VAT assessments can go ahead but HMRC is not allowed to participate any further in the proceedings.
07/25/2023
The Office of Privacy Commissioner for Personal Data visited the Shenzhen Data Exchange to discuss future collaboration.
07/25/2023
This guide examines the key aspects of distributions, share purchases and redemptions by a BVI company under the Act.
07/25/2023
In response, HKEX maintained that the class distinction between domestic shares and H shares is removed following the repeal of the Special Regulations and the Mandatory Provisions.
07/24/2023
Indian citizens between 18 and 30 years of age can enter the ballot, providing they meet the relevant criterion.
07/21/2023
In reaching this decision, the Grand Court departed from the decision of the House of Lords in Houldsworth v City of Glasgow Bank.
07/21/2023
The SEC’s actions are a response to the outflows experienced by certain types of MMFs in March 2020
07/20/2023
The FCA said it anticipated this being the method used by most cryptoassets businesses, but reminded cryptoassets firms that it is not its role to work with applicants to prepare their applications for registration.
07/20/2023
The proposals have been developed in the context of the OECD BEPS process and the recommendations of the European Commission that EU Member States take actions to reduce aggressive tax planning.
07/20/2023
These fee changes should be taken into consideration by UK employers, who will need to reconsider their budgets for the recruitment of foreign workers.
07/20/2023
The new law will also require employers to respond within two months, ensuring decisions are reached more quickly, and consult with the employee before refusing any request.
07/19/2023
All businesses that provide or platform and intermediation business, in or from within the Bailiwick of Guernsey (“Guernsey”) will need a Part IV Licence unless an exemption applies.
07/19/2023
The FCA explains how it plans to monitor and review how its rules are working in practice.
07/19/2023
The judge added that compliance with such independent guidance does not of itself demonstrate compliance with the environmental regulations.
07/19/2023
Paul Williams of Pinsent Masons, a specialist in competition law and merger control, said data disclosed in the annual report highlighted that the NSI regime is working well for straightforward notifications.
07/18/2023
Carrying out any of these activities without a Part III FFB Licence or an applicable exemption is a criminal offence.