06/01/2020
These proved hard enough to sell during the bull market of 2019 but could be almost impossible to offload now, with the UK heading towards what could be its deepest recession in living memory thanks to the global pandemic.
06/01/2020
Working alongside onshore counsel Allen & Overy, the cross-jurisdictional Carey Olsen team was led in Bermuda by partner Mary Ward
06/01/2020
The penalties were part of the PBOC’s efforts to ramp up punishment of financial institutions that fail to adequately guard against money laundering.
06/01/2020
Efforts to rescue and repair the economy in response to the current crisis can and should be aligned with the UK's legislated target of net zero emissions by 2050 at the latest.’
05/31/2020
Equally, firms must make clear to employees conduct expectations and highlight good conduct, employing a strong and robust Conduct Risk Framework to meet regulatory expectations and ensure compliance with regulations.
05/31/2020
The document responds to queries raised by firms around difficulties in: conducting physical inspections due to social distancing measures; obtaining reliable property valuations; and use of house price indices.
05/31/2020
“The central bank of Libya headquartered in Tripoli is Libya’s only legitimate central bank,” the US diplomatic arm said in a statement.
05/31/2020
The FIAU has also reportedly made strides to improve.
05/31/2020
Vatican investigators are examining the Secretariat of State’s purchase of the building at 60 Sloane Avenue, London.
05/29/2020
This means that anyone who is advised to self-isolate through the initiative will be deemed as incapable of working and will qualify for SSP, even if they do not present any symptoms.
05/29/2020
Member states' tax authorities are also required to exchange data on tax planning arrangements on an automatic basis.
05/29/2020
All DAC 6 guidelines published for public consultation are enforceable as from the date they are issued and until their (possible) revision.
05/29/2020
Linear Asset Management is aiming to buy and merge sub scale mandates that have failed to grow over the years.
05/29/2020
Policy options detailed in the report are intended to better align the taxation of workers, the self-employed, and retirees; tackle tax avoidance; and simplify the tax system.
05/28/2020
Most fundamentally, the Bill introduces a debtor-in-possession insolvency procedure for the first time in English law.
05/28/2020
“During this period, we encourage a particular focus on maintaining robust market surveillance and suspicious transaction and order reporting by relevant market participants.”
05/28/2020
That makes it hard to catch clients who use multiple banks to launder cash.
05/28/2020
Directors will also need to be carefully guided around the genuine prospects of a company being able to trade as a going concern where the mid to longer term impacts of the current circumstances may well remain uncertain.
05/28/2020
The assets of Irish CLOs have grown “rapidly” in recent years, the CBI says, from just €15 billion at the start of 2014 to €78 billion by March 2019.
05/28/2020
Focusing on this now will ensure the contract is both up to date and legally compliant in preparation for the time when businesses are in a position to recruit and expand.