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Legal, Regulation & Compliance

04/14/2020

Coronavirus: New overdraft rules apply from today - '£500 interest-free' help launched

BANKS and other financial companies must incorporate new rules from tomorrow. The new measures being put in place will affect loans, credit cards and overdrafts.

04/14/2020

Russia notifies Luxembourg, Malta about dividend tax increase

Changes will not affect interest gains paid on Eurobond loans, bond loans of Russian companies and loans extended by foreign banks, according to Russia's Finance Ministry

04/14/2020

Global developments and legal insights, April 2020

We also make some general observations that apply to all M&A transactions.

04/14/2020

Barclays halts new job cuts during coronavirus crisis - memo

The payments will be funded by Barclays rather than the government, however.

04/14/2020

The Future of International Fund Domiciliation

Current patterns of fund domiciliation were established some time ago.

04/13/2020

FCA confirms temporary financial relief - consumer credit

The rule changes will be in force from 9 April 2020, and the full range of measures will apply by 14 April 2020.

04/13/2020

New FCA rules could help millions with their loan and credit card debt according to expert

DEBT can be a big issue for families as the cost of repayments can be drastic. Coronavirus is likely to make that burden even more stressful but recent actions from the financial regulator aims to ease tensions.

04/13/2020

BlackRock to advise EU on environmental rules for banks

Campaigners raise concerns over investor’s financial interests in fossil fuel companies

04/13/2020

After the crisis we need to create jobs, not a tax on wealth

There is a way to aid productivity that would sustainably fund the emergence from the crisis, and which offers all producers a fair share of productive capacity.

04/13/2020

Malta seeks US help as money laundering reforms deadline looms

But the US has its own 'wish list' for Malta

04/13/2020

Credit Investors Take Heed: A Different Landscape Will Emerge For European Banks

National governments, the European Commission, the ECB, Bank of England, and other central banksare putting in place unprecedented pandemic-related rescue programmes for businesses and households.

04/13/2020

Failure to fight money-laundering ‘could threaten financial stability’ - IMF

COVID-19 challenges ‘significant’

04/12/2020

Italy updates law on sports agents

This is in stark difference with the 2018 version of the law

04/12/2020

Private equity giant 3i accused of ‘gorging off holidaymakers’ money’

Operators are under increasing pressure from consumer groups for using delaying tactics to retain billions of pounds owed back to customers

04/12/2020

Governance amidst disruption - crisis management pointers for stakeholders in uncertain economic times

Needless to say, managers and investors alike may generally want to avoid taking advantage of the current market volatility for short-term gain.

04/09/2020

Billionaire Row ‘McMafia’ Ruling Dies In London Court As Family Of Former Kazakh President Unfreeze Assets

The house has an “underground pool, tropical showers, a glass domed roof, a dedicated cinema and separate quarters for staff.

04/09/2020

UK’s Solicitors Regulation Authority to be legally separate arm of Law Society

This will mean that both organisations can focus on our respective roles while working together wherever appropriate.

04/09/2020

Eversheds Sutherland launches chatroom app to combat lawyer loneliness during lockdown

Open House features range of discussion areas including wellbeing, hobbies and kidzone

04/09/2020

Luxembourg introduces transfer pricing documentation requirement for controlled foreign company compliance

This calculation should be made by reference to the transfer pricing rules of articles 56 and 56bis of the Luxembourg income tax law.

04/09/2020

Kazakh family win Unexplained Wealth Order battle over London homes

The National Crime Agency suspected all three of the mega properties in London were bought with riches embezzled by Mr Aliyev's notorious and now dead father, Rakhat Aliyev.

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