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A new Luxembourg act on the immobilisation of bearer shares and units was published in the Luxembourg Official Gazette on 14 August 2014.
OFAC has issued revised guidance relating to the status of entities owned by individuals or entities whose interests in property are blocked under executive orders.
With a flurry of reading material and a hailstorm of new acronyms, the draft Taxation of Pensions Bill has been published for consultation.
On 29 May 2014, the presidents of Russia, Kazakhstan and Belarus signed an agreement establishing the Eurasian Economic Union.
The LCIA has published in final form its new arbitration rules, which will apply to arbitrations commenced after 1 October 2014.
In June 2014, MOFCOM and SAFE promulgated the Circular Concerning Improvement of Filing Process for Foreign Invested Real Estate Enterprises.
US banking regulators in recent weeks have given sustained attention to brewing problems they observe in banks’ weakening lending standards.
There were significant developments in relation to Ukraine last week, with both the EU and US announcing significant new measures.
The Global Law Intelligence Unit is a faculty of expert Allen & Overy lawyers dedicated to cross-border law and to helping solve the puzzles of multi-jurisdictional law.
The government has published its response to the ‘Freedom and choice in pensions’ consultation. Individuals aged 55 or over will be able to access their entire DC pension flexibly.
Extension of the sanctions relief provided for in the Joint Plan of Action between the P5+1 and the Islamic Republic of Iran
On 18 July 2014, the P5+1 (the US, the UK, Germany, France, Russia and China) agreed with Iran to extend their commitments under the Joint Plan of Action.
This year is expected to be a bumper year for pension risk transfer in the UK.
The OFAC has imposed a new set of ‘sectoral sanctions’ against two Russian energy firms and two Russian banks pursuant to Executive Order 13662.
The high number of companies eyeing acquisitions or ventures that will allow them to redomicile their business in the UK and Ireland is a major theme of this report.
The Court of Appeal has outlined the approach that should be taken by the court when a party seeks relief from a sanction that has been imposed for a failure to comply with any rule or court order.
Money purchase deconstructed: working with the new definition — a checklist for trustees and administrators
The definition of money purchase benefits is changing, as are the rules on how schemes are required to deal with any benefit that becomes classified as a ‘non-money purchase’.
Despite the progress that has been made towards launching the European unitary patent system and the Unified Patent Court, Spain continues to actively oppose the changes.
High Court allows application for permission to bring judicial review proceedings relating to the jurisdiction of the FOS
Sarah Hitchins considers the High Court’s decision to allow an application for permission to bring judicial review proceedings relating to the jurisdiction of the FOS.
A new act makes changes to the legal framework of occupational pensions for employees, self-employed individuals and self-employed company leaders.
Allen & Overy has commissioned independent research into how the delivery of legal services is changing around the world.