02/17/2021
JFSC fines three SG Kleinwort Hambros firms
The three SG Kleinwort Hambros firms acknowledged their failings at an early stage and have taken steps to make material changes to strengthen their governance arrangements and compliance systems and controls.
02/17/2021
EU’s parliament extending blacklist criteria
Any expansion of the blacklist must be made by the EU’s Economic and Financial Affairs Council following an investigation and recommendation by the EU’s Code of Conduct Group.
02/17/2021
Economists publish paper calling for average 2% inflation aim
02/16/2021
His warning comes as central banks and governments around the world ramp up their focus on digital currencies.
02/16/2021
Levy captures annual value of assets from Bitcoin to beehives
02/16/2021
Technology, regulation, and the future of financial crime compliance
02/16/2021
The intensely hierarchical and clannish ’Ndrangheta have fanned out across the world from their home base in southern Italy, often using family-based chain migration to get footholds in new markets.
02/16/2021
Dart has invested more than US$1.5 billon into the Cayman Islands and the group now employs more than 800 people in the islands across its various businesses.
02/16/2021
Mattias Hedwall, head of Baker McKenzie’s global international commercial and trade group, identifies the legal and regulatory themes that will dominate the rest of 2021.
02/16/2021
Epiris Fund II (Fund II) has owned James Hay since 2019 when it bought the business as part of its acquisition of IFG Group plc.
02/16/2021
The FCA said the brothers had made a profit of about £142,000 from the alleged insider dealing.
02/16/2021
In the five years since the Convention came into force we have advised leasing companies, aircraft owners, lenders and others that use Cayman structures for financing and leasing aircraft on the rights and interests conferred by the Convention and the imp
02/15/2021
Employers: can you inoculate against racism?
The Court considered it legitimate to reflect on not only what steps had been taken by the employer but also how effective those steps were likely to be when they were taken and, in appropriate circumstances, how effective they proved to be in practice.
02/15/2021
Globally Mobile Employees – UK and EU Social Security Update
The new arrangements for multi-state workers and detached workers posted for up to two years are now in effect.
02/15/2021
English High Court considers limits of the extraterritorial reach of the GDPR in relation to an overseas website
To bring a claim under Article 79 of the GDPR, the claimant had to persuade the court that the defendants' processing of the claimant's personal data fell within the territorial scope of the GDPR in either Article 3.
02/15/2021
Confirmation of Carey Olsen as Jersey's leading law firm for investment funds follows 10 years of considerable client growth in the sector, including a 115% increase since 2010 in the number of Jersey serviced funds it provides legal advice to and a
02/14/2021
The EU has long resented the UK’s clout in financial services, and now Brexit has given it a chance to take the Square Mile down a peg
02/12/2021
There was a political backlash and considerable speculation that British workers were about to see a ‘bonfire of rights’, particularly in relation to working hours and holiday pay.
02/12/2021
This is an important and useful decision, finally giving a reported authority based on which insolvency practitioners can analyse the meaning of "value" when looking to see if payments made after a bankruptcy petition can be overturned for the b
02/12/2021
It is inevitable that more UWOs will follow this year, and clarity about what they are and what they do is key to keeping both successes and setbacks in proper perspective.