Crypto Currencies, Regulatory, Tax, UK

US: Court requires three Chinese Banks to produce Documents located in China to the US Government

www.paulweiss.com/practices/litigation/economic-sanctions-aml/publications/dc-circuit-upholds-decision-requiring-three-chinese-banks-to-produce-documents-located-in-china-to-the-us-government?id=29128 www.herbertsmithfreehills.com/latest-thinking/dc-circuit-court-requires-subpoenaed-chinese-banks-to-produce-documents-in-money www.bclplaw.com/en-US/thought-leadership/dc-circuit-court-comity-concerns-do-not-save-chinese-banks-from.html 0
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China, Litigation, Sanctions Corporate Law, Malta, Ownership

China: Eleven point plan for the financial sector issued

www.mayerbrown.com/en/perspectives-events/publications/2019/07/china-announced-11-measures-to-further-open-up-its-financial-sector www.linklaters.com/en/insights/publications/2019/july/china-issues-eleven-point-plan-for-the-financial-sector www.reedsmith.com/en/perspectives/2019/08/china-accelerates-its-opening-up-of-financial-sector-to-foreign-investors bit.ly/2OWLSZy 0
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Banking, China

US: Federal Banking Agencies and FinCEN release Statement on risk-focused BSA/AML Supervision

buckleyfirm.com/blog/2019-07-25/federal-banking-agencies-and-fincen-issue-statement-risk-focused-bsaaml-examinations bit.ly/32svpAi www.mofo.com/resources/publications/190725-federal-anti-money-laundering.html us.eversheds-sutherland.com/NewsCommentary/Legal-Alerts/222910/Legal-Alert-FinCEN-demystifies-risk-focused-Bank-Secrecy-Actanti-money-laundering-supervision www.jdsupra.com/legalnews/banking-regulators-release-statement-on-21977/ www.manatt.com/Insights/Newsletters/Financial-Services-Law/Regulators-Reveal-Secret-Sauce-on-BSA-AML-Exams www.gtlaw.com/en/insights/2019/8/joint-statement-emphasizes-risk-focused-approach-to-examinations Click to access nr-ia-2019-81a.pdf 0
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Regulatory, US

UK: Mutual and Mirror Wills

www.boyesturner.com/article/mutual-and-mirror-wills-the-same-or-similar Mutual wills: be careful what you wish for – MacfarlanesA case highlighting the danger of a mutual will (boyesturner.com)Are mutual wills a good idea? – Stewarts (stewartslaw.com) See also:hsfnotes.com/pwtd/2022/09/26/the-binding-contract-requirement-the-county-court-considers-the-test-for-mutual-wills/#page=1www.hilldickinson.com/insights/articles/undoing-mutual-wills-agreementsgatehouselaw.co.uk/when-undue-influence-and-mutual-wills-collide-naidoo-v-barton-2023-ewhc-500-ch/blog.macfarlanes.com/post/102idwh/naidoo-v-barton-undue-influence-and-the-risks-of-mutual-willsWhat is the difference between a Mirror Will and a Mutual Will? – Cooper Grace Ward (cgw.com.au)McLean v McLean...
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Australia, Estate Planning, UK, Wills Funds, Ireland, Regulatory Banking, Regulatory, US

Hong Kong: New guidance for banks on AML/CFT

www.kwm.com/en/hk/knowledge/downloads/2019/fatf-releases-2019-guidance-on-virtual-assets-0718 See also:www.onc.hk/en_US/handling-suspicious-third-party-fund-transfers/?utm_source=rss&utm_medium=rss&utm_campaign=handling-suspicious-third-party-fund-transfers 0
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Hong Kong, Money Laundring

UAE: Abu Dhabi Foundations Regime

academic.oup.com/tandt/article-pdf/25/6/594/29010862/ttz016.pdfwww.shlegal.com/insights/a-wealth-of-advice-questions-and-answers-with-the-abu-dhabi-global-market-on-adgm-foundationsbsabh.com/uae-foundations-in-adgm-difc-rak-icc/The ADGM Foundations Regime: Unlocking Financial Planning and Structuring Options in the UAE – IR Global See also:xxiv.co.uk/wp-content/uploads/xxiv.private.client.update.issue_20.pdfwww.difccourts.ae/rules-decisions/judgments-orders/court-appeal/dubai-international-financial-centre-authority-2020-difc-ca-002 0
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Foundations, UAE