The Bahamas has passed legislation requiring that certain legal entities carrying on relevant activities have to demonstrate adequate economic substance in said jurisdiction. The beneficial owners of any company or limited partnership incorporated, registered or continued in The Bahamas should be aware of this legislation and consider how they may be affected.

The United Arab Emirates’ (‘UAE’) recent efforts to eradicate financial crime has been enshrined in the issuance of new legislation and policy that are aimed at protecting the country’s public funds from criminal abuse. As part of this effort, on the 14 April 2018, His Highness Sheikh Mohammed Bin Rashid Al Maktoum (Ruler of Dubai, Vice President and Prime Minister of the UAE) issued Dubai Law No. 4 of 2018 establishing the Financial Audit...

Welcome to the Sovereign Asia Focus newsletter keeping you up-to-date with news and views from around this burgeoning region – Hong Kong and Singapore, in particular, where we have long-established offices.

As elsewhere, most securitisations carried out in Panama are structured in the following manner: a special purpose vehicle (SPV) is constituted by an originator that owns assets that it intends to securitise. The SPV performs an offering of securities (usually debt instruments such as bonds or notes) and uses the proceeds received from the offering to purchase the assets from the originator.

We are proud to be one of the first law firms with a team of three dedicated lawyers that are authorised by the Abu Dhabi Judicial Department to provide Private Notary Services in the Emirate of Abu Dhabi.

Italian government has announced a cap of 30.850 on the number of workers from outside the EEA allowed in Italy for 2019. The decree, dated March 12, has been published on the Official Gazette of April 9.

The British Virgin Islands (BVI) has passed legislation requiring certain legal entities carrying on relevant activities to demonstrate adequate economic substance in the BVI. The owners of any company or limited partnership registered or incorporated in the BVI should be aware of this legislation and consider how they may be affected.

Gibraltar has always had a ‘special status’. A British Overseas Territory located at the southern tip of the Iberian Peninsula, Gibraltar controls all its own affairs, taxation and policies, with the exception of defence and foreign relations. But unlike all Britain’s other overseas territories and dependencies, Gibraltar has also been part of the European Union since 1973.

The Annual Investment Meeting is the world's leading and most established gathering of the international investment community, leading academics and experts showcasing up-to-date information, strategies and knowledge on attracting Foreign Direct Investment (FDI).

On 14 March 2019, the Executive Yuan passed the draft amendment to Articles 149 and 150 of the Criminal Code related to the Offenses of Interference with Public Order. We summarized the key points below: (1) The provision of “public gathering” of these 2 Articles is amended to “gather more than three people in public or the place where unspecific people may enter”. (2) The provisions of “carrying lethal weapon” and “cause the danger to public or...