Welcome to Maples and Calder's quarterly newsletter on financial services regulatory enforcement, where we provide you with updates on all hot regulatory and enforcement topics.

New legislation to regulate the activity of administering and managing loans to Irish individuals and small to medium-sized enterprises ("SMEs") was passed into law on 8 July 2015.

On 6 April 2018, CIMA released a notice (the "Notice") in which it addressed three points raised by Cayman Finance in relation to unclear provisions of Guidance Notes ...

Anyone interested in finding out more about some of the multilateral initiatives proposed and confirmed with regard to international tax should attend this special seminar hosted by Cayman Finance.

On 20 February 2014 the US Treasury and the IRS released a set of revisions to the US Foreign Account Tax Compliance Act ("FATCA") final regulations (the "FATCA Regulations").

A group of shareholders had rejected an offer of US$10 per share and exercised their dissenting rights.

As highlighted in our Tax Update in March 2016, international tax developments continue to feature prominently on the global news agenda.

On 21 July 2015 and 1 October 2015, ESMA published Q&A documents on the application of AIFMD and its implementing measures.

What action can a regulated financial service provider ("RFSP") take against an employee who has disclosed to the Central Bank ("CBI") suspicions that a colleague who performs a controlled function ("relevant person") is in breach of the fitness and probity standards ..

A key component of the effective operation and continued growth of the local financial services industry is the promotion of the Cayman Islands for what it is: a modern and sophisticated...

The BVI Commercial Court has followed the English Court of Appeal decision in Servis-Terminal LLC v Drelle [2025] EWCA Civ 62, holding that an unrecognised foreign court judgment cannot found insolvency proceedings.

On 14 July 2017, the Irish Department of Finance issued a feedback statement on its 2016 public consultation on Ireland's approach to the transposition of MiFID II.

The Cayman Islands Tax Information Authority (International Tax Compliance) (Common Reporting Standard) Regulations, 2015 (the "CRS Regulations") were issued on 16 October 2015.

The Cayman Islands Government has confirmed that the long awaited reforms to Cayman Islands restructuring laws will now come into effect on 31 August 2022.

Although not Cayman Islands law, the broad scope and extraterritorial effect of the EU Directive on Alternative. Investment Fund Managers

During the past year we have seen that the British Virgin Islands ("BVI") Financial Services Commission (the "Commission") has become increasingly strict with payment and filing deadline...

As part of the phased introduction of measures under EMIR1, a recently adopted EU Regulation2 establishes new risk mitigation requirements for trading OTC derivatives.

Asset management vehicles established in the Cayman Islands can generally be divided into two distinct groups:

On 29 November 2013, the Cayman Islands government signed a Model 1B (i.e. non- reciprocal) intergovernmental agreement with the United States of America.