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  • EU grey list: Cayman issues draft economic substance legislation

    Article

    Envoyé: 12 December 2018

    The Cayman Islands has published a Bill which will require certain businesses to satisfy local economic substance requirements in order to meet international tax standards.

  • Irish tax authority issues new guidelines on Islamic Finance transactions

    Article

    Envoyé: 12 December 2018

    On 19 November 2018, the Irish tax authority (the Revenue Commissioners or Revenue) issued a guidance note on the tax treatment of Islamic finance transactions (the Guidelines).

  • Financial Services Alerter - October 2018 developments

    Newsletter

    Envoyé: 11 December 2018

    Issue 129 of this regular bulletin summarising significant legal and regulatory developments of relevance to the fund management and investment banking communities.

  • Draft French law on Brexit issues

    Article

    Dernière révision: 11 December 2018 / Envoyé: 23 November 2018

    Brexit: Draft framework law. When this law is approved, the French government will be able to provide legal certainty for a number of situations linked to a “no deal” Brexit.

  • UK government provides feedback on plans to reform its limited partnership law

    Article

    Envoyé: 11 December 2018

    On 10 December 2018, the UK Government’s Department for Business, Energy & Industrial Strategy (BEIS) published a feedback document, “Limited Partnerships: Reform of Limited Partnership Law. The Government response to the consultation” (the Response), setting out the policy decisions it has taken following its April 2018 consultation paper in which it proposed certain reforms to the law on limited partnerships (LPs).

  • UK Temporary Permissions Regime - EEA UCITS to be permitted to add new sub-funds after Exit Day

    Article

    Envoyé: 10 December 2018

    On 07 December 2018, in a revised version of its Collective Investment Schemes (Amendment etc) (EU Exit) Regulations 2019 (the draft SI), HM Treasury provided the welcome confirmation that a sub-fund of an umbrella EEA UCITS would be able to take advantage of the UK’s temporary permissions regime (TPR) even if the sub-fund is notified to the FCA after Exit Day, so long as the umbrella fund is already in the TPR.

  • Housing design - new Government Commission but old idea?

    Article

    Envoyé: 10 December 2018

    New Commission established to tackle poor-quality design of homes and places 20 years after the Urban Task Force was established for a similar purpose.

  • ECON votes on amendments to cross border distribution proposals and to extend the delay to UCITS KIDs

    Article

    Envoyé: 06 December 2018

    At a meeting held on 03 December 2018, the European Parliament’s Economic and Monetary Affairs Committee (ECON) adopted the amendments it would wish to see to the proposals of the European Commission (Commission) for the cross-border distribution of investment funds.

  • Financial Services Alerter - September 2018 developments

    Newsletter

    Envoyé: 06 December 2018

    Issue 128 of this regular bulletin summarising significant legal and regulatory developments of relevance to the fund management and investment banking communities.

  • UAE Financial Regulators agree on passporting regime for domestic funds

    Article

    Envoyé: 04 December 2018

    On 27 November 2018, a number of regulatory bodies within the UAE announced that they had reached an agreement to facilitate the licensing of funds domiciled in each other’s respective jurisdictions. This article summarises the implications of the agreement.

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