Legal, Regulation & Compliance

01/13/2022

Daily Legal Update

The UK Civil Aviation Authority (CAA) has announced that it is creating a new Environmental Sustainability Panel.

01/12/2022

Bahamas delisted from EU AML blacklist

The engagement with the EU DG FISMA began in August 2020 and culminated with The Bahamas' submission of additional information and data in early October 2021.

01/12/2022

ESMA considers blockchain update to regulatory reporting guidance

The regulator wants to assess whether the RTS developed under the Markets in Financial Instruments Regulations, covering certain transparency and data reporting requirements, need to be amended in order to be effectively applied to securities issued, trad

01/12/2022

Financial Services and Banking News

Both Delegated Regulations will enter into force on the twentieth day following that of their publication in the OJEU and shall apply to all Member States.

01/11/2022

US and Malta agree joint crackdown on pension plan abuse

This came to light after both authorities found that US taxpayers with no connection to Malta were misconstruing the pension provisions of the Treaty to avoid income tax on the earnings of, and distributions from, personal retirement schemes established i

01/11/2022

BIICL study on Rome II

It is common for the European Commission to formally report on the operation of such legislation and make proposals for reform.

01/11/2022

UK FS regulator takes aim at cloud giants

Since then, Amazon Web Services has suffered a serious outage that affected a host of big firms, prompting serious worries at regulators around the world.

01/11/2022

Financial Regulation: Daily Update

Commission Delegated Regulation amending Delegated Regulation (EU) 2016/1675 and supplementing the Fourth Money Laundering Directive (MLD4) has been adopted by the European Commission (EC).