This monthly update includes Regulator updates (from ATO, ASIC and APRA), legislation, cases and recent developments.
Recently the High Court of Australia (Court) held that parties may validly contract out of statutory limitation periods.
We recommend a checklist of practical tasks you need to attend to if you decide to move to a general advice model.
Employment opportunities that could emerge as a result of Bermuda's growing technology sector should not be underestimated, according to Steven Rees Davies
The issuance was significantly oversubscribed with over $9 billion in orders, attracting the largest total order books of a bond offering ever in Canada.
Gardiner Roberts LLP
Defendants facing the prospect of an unfavourable ruling at trial should be aware that any conveyances or payments to third parties during that time will be closely examined by the courts to determine...
Cadwalader, Wickersham & Taft LLP
In today's Fund Finance Friday: Industry Conversations, Mike Mascia of Cadwalader hosts Mike Breaux, Director at Stifel Bank, who gives an update on the bank's fund finance practice and his market observations...
As outlined in our recent briefing, the Cayman Islands economic substance regime (ES Regime) has recently been expanded, so as to now bring into scope Cayman Islands partnerships.
The judgment clarifies the winding up regime applicable to ELPs including the statutory gateway by which a limited partner can petition to wind up an ELP.
The net asset value (NAV) of funds domiciled in Guernsey is at its highest ever level following a 20% increase over the course of a year, according to the latest figures from the Guernsey Financial Services Commission (GFSC).
We have compiled the following chronology table which serves as a quick reference point to track the circulars and guidance published by HK financial services regulators in relation to COVID-19.
In May 2021, the Securities and Exchange Board of India issued a discussion paper on the consolidation of the Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, and ...
Article 66 – Rules on access to payment account in the case of payment initiation services...
Welcome to the July – September 2021 issue of our Irish Quarterly Legal and Regulatory Developments report for asset management and investment funds.
The existing Economic Substance legislation applies to companies tax resident in Jersey.
Labuan IBFC Inc
There has been a surge of activity in the captive space over the last couple of years. This has mainly been driven by the hardening third party insurance markets for both large and small organisations...
AXIS Fiduciary Ltd
With the objective of enhancing the competitiveness of the financial services sector and diversifying the product base of the Mauritian IFC, the Budget Speech 2020-2021 introduced the Variable Capital Companies ("VCC").
AXIS Fiduciary Ltd
The funds industry is dynamic, and constantly evolving. Axis as your trusted partner can handle the regulatory, financial, tax, compliance and corporate governance responsibilities...
On November 12, 2020, President Muhammadu Buhari signed the Banks and Other Financial Institutions Act 2020 into law and thereby effectively repealed the erstwhile Banks and Other Financial Institutions Act 1991.
The Bangko Sentral ng Pilipinas (BSP) released on 17 September 2021 BSP Circular No. 1127, adopting the governance policy for operators of payment system (OPS).