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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Legal Developments Worldwide

Reorganised Luxembourg law on commercial companies comes into force

January 2018 - Corporate & Commercial. Legal Developments by Chevalier & Sciales .

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A revised version of Luxembourg’s law on commercial companies, originally dating from August 10, 2015, came into force on December 19, 2017, following its publication in the grand duchy’s official gazette (Mémorial A no. 1066) on December 2015 (the “Company Law”.

The Notified AIF – Malta’s Fast Track Fund

January 2018 - Finance. Legal Developments by GVZH Advocates.

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The Notified AIF is a new fund regime offered by Malta which allows fund promoters to set up a fund within 10 working days from application to the regulator. The application is a notification submitted to the MFSA and which is spearheaded by the investment manager of the Notified AIF. The latter must be a full-compliant AIFMD manager which will be responsible for effective the monitoring of the NAIF.

Employment and Industiral Relations Law

January 2018 - Employment. Legal Developments by GVZH Advocates.

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GVZH Advocates provides an array of employment-related solutions including contracts of service, dismissals, redundancies, transfers of employees between undertakings, equal treatment on the workplace and the implementation of appropriate systems and procedures for clients’ human resources.

The Maintenance of Roofs, Floors & Ceilings under Maltese Law

January 2018 - Litigation & Dispute Resolution. Legal Developments by Mamo TCV Advocates.

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The continuous urbanization and gentrification of the Maltese landscape has augmented the importance of maintaining well-regulated neighbourly relations among residents living in densely populated areas of the Island.

The amended EuVECA and EuSEF Regulations

January 2018 - Tax & Private Client. Legal Developments by Arendt & Medernach.

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Regulation (EU) 2017/1991 amending regulations (EU) No 345/2013 on European Venture Capital Funds (EuVECAs) and (EU) No 346/2013 on European Social Entrepreneurship Funds (EuSEFs) (together, the “Regulations”) has been published today in the Official Journal of the European Union and will be applicable as of 1 March 2018.

MiFID II: are you ready?

January 2018 - Corporate & Commercial. Legal Developments by Arendt & Medernach.

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With less than 30 days to go before the new MiFID II regime will be rolled out, funds and management companies/AIFM are increasingly concerned as to how they will be impacted:

  • product governance
  • inducements and payment for research
  • increased client information requirements 
  • complex and non-complex products classification

Registers of beneficial ownership: new rules to be implemented soon

January 2018 - Finance. Legal Developments by Arendt & Medernach.

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The draft laws implementing AMLD 4 set out strict rules to allow for protection against improper access to the information on BOs.

Permanent exemption from variation margin obligation for FX forwards?

January 2018 - Finance. Legal Developments by Arendt & Medernach.

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Earlier this week, the European Supervisory Authorities (ESAs) published draft amendments to EMIR-related regulatory technical standards (RTS) that align the treatment of variation margin (VM) for FX forwards with the supervisory guidance applicable in other key jurisdictions. More specifically the draft amendments propose that the requirement to exchange VM for physically settled FX forwards shall only target transactions between institutions (credit institutions and investment firms).

MFSA - Discussion Paper on Initial Coin Offerings, Virtual Currencies and Related Service Providers

January 2018 - Finance. Legal Developments by Mamo TCV Advocates.

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The Malta Financial Services Authority launches a Discussion Paper on Initial Coin Offerings, Virtual Currencies and Related Service Providers.

Protection of Employment for those on a minimum wage.

January 2018 - Employment. Legal Developments by Mamo TCV Advocates.

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In April of last year, mandatory supplements were introduced for those earning the minimum wage, (and for those who earn slightly more than the minimum wage but less than the new minimum wage with the €3 supplement), by means of amendments to the National Minimum Wage National Standard Order (S.L. 452.71).