04/08/2020
The SFC’s investigation found that some of the 53 funds managed and/or advised by HIFL and HGAML between 2010 and 2016 maintained cash deposits with connected entities, namely, The Hongkong and Shanghai Banking Corporation Limited and/or its affilia
04/08/2020
Appleby has assisted with a third catastrophe bond issuance offering Credit Suisse protection for its operational risk exposures.
04/07/2020
The watchdog’s funding requirement, which includes £15m in EU withdrawal costs and £10m to support its own transformation programme, has increased 5.2 per cent to £587.6m.
04/07/2020
The 2020 Law, which is significant in the context of the FATF’s scheduled on-site visit in Luxembourg, impacts the national AML/CTF framework in a number of key areas.
04/06/2020
SS&C Advent is actively working with clients to help them deploy their own contingency plans and alleviate operational challenges.
04/06/2020
On 30 March 2020, the Court of Appeal of the Eastern Caribbean Supreme Court (the Court of Appeal) delivered a decision of some practical importance to the practice relating to applications for injunctive relief.
04/06/2020
Data privacy has become one of the top risk areas in 2020.
04/06/2020
Every registered charity (even small charities) must now have a written governing instrument and the Attorney General must give prior written consent to any amendment to the written instrument (unless it is a foreign charity).
04/06/2020
During the past week, two countries approved new cryptocurrency exchanges.
04/06/2020
The report was published on 6 April 2020. It noted significant improvements, in particular as regards bearer shares and the efficiency of information exchange in practice.
04/05/2020
The FCA has updated its COVID-19 pensions information webpage to acknowledge that some firms may not be able to avoid a short delay in implementation of the incoming rules on communicating pension information
04/05/2020
Too often, technology meant to keep lawyers operating in this capacity interrupts or distracts them from it.
04/05/2020
This reaffirms the importance of providing regulatory reporting in a timely manner, extending the filing of annual financial statements and insisting on the importance for supervised entities to provide virtual or remote access to their employees.
04/03/2020
This is no more keenly felt than in the mergers and acquisitions departments of the biggest firms, which rely on such big-ticket work to boost profits.
04/03/2020
Finma has also started enforcement proceedings against a firm for unlawafully receiving public desposits and another for illegal securities trading with tokens.
04/03/2020
HMRC says millionaire owes money for inheritance tax liability on Ukip donations
04/03/2020
Restrictions, including social distancing, will be in force today.
04/03/2020
This will enable corporate groups to issue their bonds in Switzerland without withholding tax hurdles.
04/02/2020
As ever with emergency legislation intended to respond to a particular crisis, the Government will wish to ensure that any legislation does not give rise to unintended consequences
04/02/2020
The authority singles out international trade as a potential risk area.