08/20/2021
ESG Align is designed to elevate managers' understanding of climate-related risk in portfolio management, and provide a useful compliance check against the new SFC requirements.
08/19/2021
St Kitts is currently on the UK’s amber list as part of the traffic light system, although fully vaccinated travellers no longer have to quarantine on their return to the UK from amber countries.
08/19/2021
TISE initially introduced rules for listing SPACs in 2015 and has recently revised them to align with developing market trends in both the US and Europe and notably, where there may be an institutional investor base.
08/19/2021
The two largest groups in the pool of 29 firms that took part in the thematic review comprised banks and fiduciaries, in line with the risk weightings attributed by the Bailiwick's National Risk Assessment (NRA).
08/18/2021
The CASP Directive sets out detailed requirements on entities seeking registration in CySEC’s CASP register
08/18/2021
The new SCCs effectively combine all four sets of clauses into one document, allowing controllers and processors to "build" the relevant agreement on a modular basis.
08/17/2021
The changes are set out in two consultation documents, and are summarised below.
08/17/2021
Employment growth is set to decelerate as migration flows remain constrained
08/17/2021
Now that the off-shore entity is in liquidation after filing for bankruptcy, and its owner Greg Lindberg is serving time in prison, the best chances these claimants have of recouping their losses is to pursue damages through FINRA arbitration.
08/16/2021
€500,000 FIAU fine for money transfer firm Sendvalu
The FIAU says Sendvalu failed to undertake appropriate enhanced due diligence measures in instances clearly posing a high money laundering risk
08/16/2021
TISE makes Listing Rule changes to target SPACs
TISE initially introduced rules for listing SPACs in 2015 and it has recently revised them to align with developing market trends in both the US and Europe and notably, where there may be an institutional investor base.
08/16/2021
Protecting Cayman Islands Companies at Risk: Provisional Liquidation
A prima facie case means that the applicant must demonstrate that it is likely that a winding up order will be made.
08/15/2021
The Company has consented to the imposition of these civil penalties.
08/13/2021
CFTC Steps up Activity in the Cryptocurrency Space
As a result, market participants should anticipate increased CFTC enforcement within the cryptocurrency space and be mindful of—and comply with—all relevant CFTC rules.
08/13/2021
Are you planning on selling your boat? If it is priced at €10,000 or more you’d better be aware that it is illegal to receive payment in cash
08/13/2021
UAE anti-money laundering rule: Some businesses find compliance is no easy task
Fines of Dh50,000 and more - even up to Dh5m - await businesses delaying AML compliance
08/13/2021
Are NFTs being used for money laundering? Yes they are, claims Mr. Whale
NFT’s could be a vehicle to legitimize ill-gotten gains for the crypto elite.
08/13/2021
Ireland Update: Remote and Flexible Working is Here to Stay
The Health & Safety Authority ("HSA") previously published guidance on remote working, however this was primarily focused on the practicalities of short term homeworking necessitated by the Government restrictions imposed due to COVID-19.
08/13/2021
Cyprus requires beneficial ownership details for partnerships
The process for partnerships will be similar to that of the submission of beneficial owners details for companies.
08/12/2021
They can then decide whether to answer the call or not, or to only answer calls from recognised numbers.