09/16/2021
Cyprus to introduce transfer pricing legislation
The new legislation will create the opportunity for companies to apply for an APA.
Legal, Regulation & Compliance
09/16/2021
Financial holding companies: Further implementation - PS20/21
The amendment to the Groups Part is made as part of the Rules at Annex F of the Rules instrument, and will come into force on Saturday 1 January 2022, along with the other PRA Rules which implement Basel III.
09/16/2021
Supervisory measures and penalties in relation to financial holding companies
Once approved, relevant holding companies will become responsible for ensuring their group meets consolidated prudential requirements and that they continue to meet the approval criteria.
09/16/2021
Police in Europe Bust International Investment Fraud Network
The vaguely-worded statement did not say how many victims suffered losses and failed to provide specific information on how many websites were involved, how many businesses or sham agents, or how long the investigation will continue.
09/16/2021
Apex Group partners with VCP Advisors to create Apex VCP
The joint venture further supports the Group’s expansion strategy for global fund marketing and distribution services.
09/16/2021
Advisers share tips on fighting financial fraud
For most advisers, a lot of the 'protection' involves building up trust and long-term relationships with clients so the adviser becomes the first port of call when a client believes they have been approached by a scammer.
09/16/2021
Ogier leads offshore with five named in Citywealth Private Client Top 100
The independently curated list presents the top 100 Private Client Lawyers for 2021 who went above and beyond for their clients during the pandemic.
09/16/2021
Digital-asset leaders call for regulatory harmony between fintechs and banks
Funds Europe’s ‘Digital transformation of the funds industry’ webinar featured representatives from both the old and new investment worlds.
09/16/2021
Family Limited Partnerships for US connected families in the UK
An FLP is typically transparent for income tax in the US and UK and for UK CGT.
09/16/2021
FCA and TPR outline a framework for value for money in defined contribution pension schemes
DC savers can only maximise their retirement income if their scheme delivers value for money.
09/16/2021
Macfarlanes advises J O Hambro Capital Management
The Macfarlanes team for this matter was led by investment management partner Lora Froud with assistance from solicitors Tiffany Cox and Emma Garnham.
09/16/2021
Financial Regulation: Daily Update
A feedback statement, setting out next steps, will follow in 2022.
09/16/2021
Relocation Employees to Ireland - A Reference Guide for Employers
Occupations include information communication technology professionals, scientists, engineers and business administration and research professionals including, for example, tax consultants and accountants.
09/15/2021
Wills and Estate Administration for Non-UK Residents
Following the tax changes over the last few years on UK residential properties, there has been a mass de-enveloping of UK residential properties held in trusts and offshore companies, a significant proportion of which are now held in individual names.
09/15/2021
Carey Olsen advises on £55 million sale of Trafalgar Court
The deal was undertaken via the sale of all of the issued share capital of a special purpose vehicle wholly owned by Stenprop.
09/15/2021
FSCS uncovers 400 adviser phoenixes at CMC firms
It said there were further cases it was currently working through.
09/15/2021
Consumer Investments: Strategy and Feedback Statement
We set out our view of consumer harm in this market and our 3-year strategy to address this.
09/15/2021
German Federal Court of Justice decision: Finally more legal certainty regarding influencer marketing
Now the German Federal Court of Justice had the opportunity in three similar cases to deal with the open questions.
09/15/2021
Further CRS powers in Guernsey
The Bulletin issued on 13 September can be found here.
09/15/2021
Another step in the transformation of the FCA: Using the new cancellation and variation power
The RDC will follow the warning notice and decision notice procedure set out in DEPP.