Company Law Changes in 2016 - The Small Business, Enterprise and Employment Act 2015 Note: The requirement to keep a PSC register came into force on 6 April 2016.
In January 2016 the first UK company to be prosecuted for corruption was sentenced to a fine of just over £1.3m, had over £800k confiscated and was ordered to pay £25k in prosecution costs; with two directors being convicted and sentenced (in 2015): Christopher Smith received an 18-monthimprisonment sentence (suspended for two years) for two […]
LexisNexis Foreign Investment Law Guide 外国投资法指南 2018–2019
For an update on foreign investment practices around the world with an Asia-Pacific focus, please review the LexisNexis Foreign Investment Law Guide 2018 -2019 eBook
DFSA enhances its Collective Investment Funds Regime
Following the consultation period on a number of proposed legislative changes that were set out in Consultation Paper No. 115, the DFSA has made amendments to the Collective Investment Law 2010 and the DFSA Rulebook.
On 12 November 2018, the DIFC enacted the new companies law regime, which aims to reduce compliance requirements in order to create commercial flexibility for businesses, and seeks to clarify previously uncertain matters to ensure closer alignment with international best practice.
