Recent legal and regulatory developments which relate to licencing and regulatory relief, consumer protection, financial markets, anti-money laundering
The technological transformation that has been disrupting financial services has only been accelerated by the challenges mounted by the COVID-19 crisis.
Alternative digital payment solution platforms have entered and expanded the market and niche offerings, ranging from independent online trading platforms...
Dealmaking in the financial services industry had been booming prior to COVID-19.
The Canadian financial sector has proven its strength over the years, including, notably, in response to the 2008 financial crisis.
A number of Canadian banks, including Royal Bank, National Bank, Bank of Montreal and CIBC, have recently issued "limited recourse capital notes", or LRCNs, in public offerings...
This briefing provides a summary of a number of recent changes to laws and regulations which have been enacted in the Cayman Islands over the last quarter which impact, or will impact, Cayman Islands funds.
Further to our previous update, the Guidance on Economic Substance for Geographically Mobile Activities (the "Guidance") supporting The International Tax Co-operation...
Cadwalader, Wickersham & Taft LLP
In welcome news, the Council of the European Union (the EU Council) removed the Cayman Islands from the EU's official list of non-cooperative jurisdictions (the EU blacklist) on October 6, 2020.
Nexdigm Private Limited
The Securities and Exchange Board of India (SEBI) has notified amendments to the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2016 (AIFs Regulations) on 19 ...
Adevelopment finance institution (DFI), also known as a development bank or a development finance company, is one that provides funding for social development projects.
While Finance Bill 2020 ("the Bill") includes measures to support the domestic economy during the COVID-19 crisis and in the context of Brexit, the Bill includes no fundamental changes to Ireland's...
On 20 October 2020, the Central Bank of Ireland (the "Central Bank") issued a "Dear Chair" Letter to industry outlining the findings of its review of the implementation by Irish fund management companies of the Central ...
The Central Bank of Ireland has published the findings of its themed inspection of Irish fund management company governance, management and effectiveness.
The Central Bank's Fund Management Companies – Guidance (the "Guidance") took effect on 1 July 2018 for entities in existence at the time of its publication following the completion of ...
We are now less than six months away from a major regulatory deadline (10 March 2021) which will impact EU managers and also global managers with affiliates in the EU or marketing funds in EU Member
The Central Bank has published the much anticipated findings of the review of its Fund Management Company Guidance (commonly referred to as "CP86").
A treaty is defined as 'a written agreement between two or more countries'.
Labuan IBFC Inc
Dear Friends of Labuan, They say that for every grey cloud, there is a silver lining. So as the pandemic enters its second wave in Malaysia, for us in Labuan IBFC the silver lining is definitely...
The Minister for Finance and Financial Services presented the Budget 2021 on 19th October 2020 in the House of Representatives of Malta.