11/05/2020
FCA bans adviser trio jailed for sex offences
Russell David Jameson was an adviser at an authorised firm and approved by the regulator to hold influential and customer facing functions.
Legal,Regulation,Tax & Compliance
11/04/2020
Key differences between Jersey and English commercial property transactions
The parties either appear personally before the Royal Court or appoint an attorney or authorised representative to appear on behalf of themselves or their company.
11/04/2020
Federal Council adopts dispatch on Federal Act on Implementation of International Tax Agreements
Based on the consultation, the Federal Council clarified the bill from a content and linguistic viewpoint, ensuring in particular that the cantons are more involved in the preparation of mutual agreement procedures.
11/04/2020
Hong Kong’s SFC Proposes Climate Risk Requirements for Asset Managers
Large Fund Managers would also be required to assess the relevance and utility of scenario analysis for evaluating the climate resilience of their strategies and keep internal records of those assessments.
11/03/2020
Focus Financial Partners Announced that Oak Asset Management Will Join Partner Firm Vestor Capital
This transaction will help expand our local presence with a partner that represents an ideal strategic and cultural fit for our firm.
11/03/2020
Research reveals HNW investors’ motivations
Wealthy investors rely more on professional advice, study finds
11/03/2020
Who's Who Legal recognises nine Carey Olsen partners as experts in private funds
Among the nine recognised, Ben Morgan, partner and head of the Guernsey corporate practice, is also the only Guernsey-based lawyer to be recognised as one of six 'global elite thought leaders' for the offshore region.
11/03/2020
UK post-Brexit reform: Financial Services Bill introduced
The FS Bill proposes certain measures, a number of which are aimed at avoiding functional issues with rules introduced during the UK’s membership of the EU
11/02/2020
Lombard Bank fined €340,000 by FIAU over money laundering shortcomings
FIAU finds low level of risk assessment and enhanced due diligence for PEP and voluminous transactions at Lombard Bank
11/01/2020
Irish Finance Bill 2020-Key Developments for Irish and International Business
The Irish Finance Bill 2020 has now been published and contains the legislation to implement the Irish Budget measures of 13 October 2020 and also certain new measures.
11/01/2020
Crypto Crime Enforcement Trends: The US Department of Justice steps up
The Framework examines the DOJ’s role in prosecuting related misconduct, including applicable federal statutes, key partnerships, and enforcement challenges.
10/30/2020
ECB looking increasingly maxed out when it comes to “traditional” monetary policy
The ECB is looking increasingly maxed out when it comes to “traditional” monetary policy.
10/30/2020
Swiss National Bank and BIS announce digital currency trial by 2020 end
The trial will also allow the banks to see how the technology syncs with existing payment systems, as well as providing more effective routes to monitoring compliance.
10/30/2020
Brexit: VAT and the end of the transitional period
This has significant VAT implications for UK suppliers involved in international supply chains.
10/30/2020
Brexit: Immigration update for EU nationals
In order to safeguard the rights of EU citizens after Brexit, the UK government introduced the EUSS.
10/30/2020
FBI investigating Hunter Biden over money-laundering allegations
During a hastily scheduled press conference before the presidential debate, Bobulinski showed reporters three phones that spanned 2015 to 2018, saying they were evidence that he would provide the FBI.
10/30/2020
Cayman Islands Beneficial Ownership and Enforcement of Fines
Guidance, effective from October 2020, has now been released in the form of a Beneficial Ownership Enforcement Manual
10/30/2020
Ogier advises on $1.1 million note issuance and Luxembourg Stock Exchange listing
The Ogier team led by partner Bertrand Géradin and senior associate Sarah Verlende acted as Luxembourg legal adviser alongside Latham & Watkins LLP.
10/30/2020
French succession planning
The applicable governing law applies only for succession purposes and does not affect how an estate is taxed
10/29/2020
St Kitts and Nevis' Citizenship by Investment Programme Offers Wealthy Americans a Plan B
Americans are looking for a safe and secure route to alternative citizenship offering a Plan B in the face of unpredictability.