EU: CJEU Decision fixes new interplay between State Aid Rules and Bank Resolution
www.dlapiper.com/en/us/insights/publications/2021/03/new-interplay-between-state-aid-rules-and-bank-resolution-in-the-eu-the-tercas-case/ 0
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US: IRS Private Letter Ruling helps to Define the Scope of proscribed excluded Activities under Section 1202
bit.ly/2SKnw9sfrostbrowntodd.com/determining-section-1202-exclusion-percentage-when-selling-qsbs/#page=1frostbrowntodd.com/the-intersection-between-equity-compensation-planning-and-section-1202/#page=1 0
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Trends: Proposed FATF Guidance for Virtual Assets and VASPs
ciphertrace.com/analysis-proposed-fatf-guidance-for-virtual-assets-and-vasps/www.fatf-gafi.org/media/fatf/documents/recommendations/March%202021%20-%20VA%20Guidance%20update%20-%20Sixth%20draft%20-%20Public%20consultation.pdfwww.fatf-gafi.org/publications/fatfrecommendations/documents/public-consultation-guidance-vasp.html Update:www.matheson.com/insights/detail/fatf-publishes-finalised-updated-guidance-for-a-risk-based-approach-for-virtual-assets-and-virtual-asset-service-providerswww.skadden.com/insights/publications/2021/11/recent-developments-in-the-regulation-of-virtual-assets/fatf-updates-its-global-guidelineswww.mccarthy.ca/en/insights/blogs/techlex/fatf-issues-updated-virtual-asset-guidance#page=1www.mamotcv.com/resources/news/the-updated-fatf-guidance-for-a-risk-based-approach-to-virtual-assets-and-virtual-asset-service-providerswww.reedsmith.com/en/perspectives/2021/11/fatfs-updated-virtual-asset-guidance-what-you-need-to-know Update:www.bennettjones.com/Blogs-Section/FATFs-Take-on-Digital-Assets-Updated-Guidance-and-Recommendationswww.fatf-gafi.org/publications/fatfrecommendations/documents/targeted-update-virtual-assets-vasps.htmlwww.fatf-gafi.org/media/fatf/documents/recommendations/Targeted-Update-Implementation-FATF%20Standards-Virtual%20Assets-VASPs.pdf 0
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Hong Kong: “Too good to be true” – Court finds Bank not liable for fraudulent Investment introduced by Employee
www.hoganlovells.com/~/media/hogan-lovells/pdf/2021-pdfs/2021_03_18_too_good_to_be_true.pdfwww.bclplaw.com/en-GB/insights/recent-hong-kong-court-decision-on-a-banks-liability-on-its-employees-fraudulent-conducts.htmlbowers.law/if-something-seems-too-good-to-be-true-it-probably-is/See also:bit.ly/3s4jQMswww.eylaw.com.hk/en_hk/publications/our-latest-thinking/2022/march/covidecybercrimeUpdate:www.shlegal.com/docs/default-source/news-insights-documents/client-alert—fraud-litigation-update.pdf 0
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US: Opening Offshore Bank Accounts for US Citizens
bit.ly/2OWyCGGbit.ly/3q5a1xM See also:bit.ly/3yb213i 0
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Australia: Offshore Banking Unit Regime to be abolished
www.kwm.com/en/au/knowledge/insights/farewell-obus-offshore-banking-unit-regime-to-be-abolished-20210319www.ey.com/en_gl/tax-alerts/australia-introduces-measures-to-remove-offshore-banking-unit-regimewww.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r6688www.tax-news.com/news/Australia_To_Shutter_Harmful_Offshore_Banking_Unit_Regime____97933.htmlUpdate:pinpoint.cch.com.au/news/csh-da-filter!WKAP_TAL_YAITTNEWS_REFERENCE/legauUio3407728sl1273537639/treasury-laws-2021-no-2-bill-passes-house 0
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Cayman: Investment Funds
www.careyolsen.com/briefings/cayman-islands-investment-fundswww.loebsmith.com/userfiles/files/Cayman%20Islands%20Technical%20Brief%20for%20Investment%20Funds.pdfwww.careyolsen.com/briefings/cayman-islands-investment-fundswww.ogier.com/news-and-insights/insights/cayman-islands-open-ended-funds/www.ogier.com/news-and-insights/insights/cayman-islands-closed-ended-funds/www.careyolsen.com/sites/default/files/CO_CAY_IF_Cayman-Islands-Investment-Funds_10-22.pdf See also:insights.walkersglobal.com/post/102h0w0/crypto-funds-prefer-caymanRecent PwC Report ranks Cayman Islands and British Virgin Islands as the preferred jurisdictions… – Loeb SmithSubscription finance: Cayman Islands, Luxembourg and Ireland | Ogierwww.loebsmith.com/legal/side-letter-perspectives-in-cayman-subscription-financing/393/ 0
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US: Sanctions imposed on Russian Federation
www.findknowdo.com/news/04/15/2021/biden-administration-imposes-sanctions-russian-federation?utmwww.whitehouse.gov/briefing-room/presidential-actions/2021/04/15/executive-order-on-blocking-property-with-respect-to-specified-harmful-foreign-activities-of-the-government-of-the-russian-federation/www.eversheds-sutherland.com/global/en/what/articles/index.page?ArticleID=en/Fraud_and_financial_crime/The_US_Imposes_New_Sanctions_on_Russia Updatewww.findknowdo.com/news/05/24/2021/ofac-sanctions-russian-federal-state-budgetary-institution-marine-rescue-service?utmwww.findknowdo.com/news/08/20/2021/president-biden-sanctions-russian-pipelines?utmwww.findknowdo.com/news/09/16/2022/ofac-targets-additional-entities-crucial-russias-war-effort 0
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New Zealand: Conduct of Financial Institutions Review
www.mbie.govt.nz/business-and-employment/business/financial-markets-regulation/conduct-of-financial-institutions-review/www.minterellison.co.nz/our-view/regulations-to-support-the-new-regime-for-the-conduct-of-financial-institutions Update:www.buddlefindlay.com/insights/conduct-of-financial-institutions-regime/?utm 0
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Luxembourg: New Guidance on mutual Agreement Procedures
www.loyensloeff.com/en/en/news/news-articles/luxembourg-new-guidance-on-mutual-agreement-procedures-n22048/ 0
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