Source: https://lecocqassociate.com/publications/
Timestamp: 2019-12-16 00:46:36
Document Index: 509595230

Matched Legal Cases: ['CJEU ', 'ART 4', 'ART 3', 'art. 42', 'art 2', 'art 2', 'art 1']

lecocqassociate publications covering important practice area issues
FinTech Regulation in SwitzerlandPosted at 07:18 / 28 Nov, 2019
FinTech is moving rapidly and is attracting growing regulatory responses. The list of regulatory responses to FinTech-related risks continues to lengthen. This will ratchet up over the coming years as the FinTech sector and the adoption of FinTech so.
Limited Qualified Investor Fund (L-QIF)Posted at 06:20 / 07 Nov, 2019
In June 2019, the Federal Council opened a consultation on the amendment of the Collective Investment Schemes Act of 23 June 2006 (“CISA”) to introduce a new fund category. The amendment aims at establishing an investment fund dedicated exclusively t.
Cookie Storage – CJEU confirms the requirement for an active consentPosted at 10:15 / 29 Oct, 2019
The Court of Justice of the European Union (the ‘CJEU’) has recently delivered an important judgement on the storage of cookies and the requirement of active consent from internet users. It sets an important legal precedent in the ePrivacy area. This.
AI and IP: No man’s landscape?Posted at 13:41 / 22 Sep, 2019
Technology is evolving at an incredible pace. An ordinary smartphone has thousands of time the power of calculation of the computer that allowed the Apollo 11 to land on the moon. We are living the edge of a new era and, among other things, like....
E-Sports and Gaming in MaltaPosted at 10:55 / 22 Aug, 2019
Malta’s economic sector has been booming with the government exploring innovative ideas to promote the country as a hub for digital innovation. A major sector in Malta is the gaming sector, with numerous companies choosing Malta to operate from due t.
MiFID I II and MiFIR – A More Transparent Financial MarketPosted at 10:52 / 28 Jul, 2019
The markets in financial instruments directive (“MiFID”) increases the transparency across the European Union’s financial markets and standardises the regulatory disclosures required for particular markets. MiFID has been applicable within the Europe.
Data and consumer protection in online salesPosted at 06:25 / 22 Jul, 2019
Online sales have expanded drastically over the last decade. In Switzerland, it is estimated that 90% of regular internet users have shopped online at least once[1]. In light of this societal evolution, governments and legislators have needed to adap.
Comparison Chart for the setting up of an Investment Fund in the Abu Dhabi Global Market and the Dubai International Financial CentrePosted at 12:08 / 07 May, 2019
ABU DHABI GLOBAL MARKET (ADGM) DUBAI INTERNATIONAL FINANCIAL CENTRE (DIFC) Exempt Fund Qualifying Investor Fund (QIF) Exempt Fund Qualifying Investor Fund (QIF) Regulatory Regime Regulated by the Abu Dhabi Financial Services Authority (“FSRA”). Reg.
Establishing an Investment Fund in Malta – Comparison ChartPosted at 09:49 / 06 May, 2019
The Investment Services Act , Chapter 370 of the laws of Malta (the “Act”) provides for a legal framework which regulates investment funds and services in Malta. Through the introduction of the Act, fund managers in Malta have been given the opportun.
Lump Sum Taxation vs Circular 44 of the Federal Tax Authority: What are the consequences?Posted at 14:42 / 02 May, 2019
On 28 September 2012, the Swiss Parliament adopted the Federal Lump Sum Taxation Act (“Lump Sum Act”)[1], which modifies some provisions of (i) the Federal Income Tax Act (“LIFD”)[2] and (ii) the Federal Act on the Harmonisation of Direct Cantonal an.
An Electronic Money Institution Comparison – Malta vs. LuxembourgPosted at 09:43 / 03 Apr, 2019
An Electronic Money Institution (“EMI”) ‘is a financial institution that has been licensed in accordance with the Financial Institutions Act, Chapter 376 of the Laws of Malta (the “FIA”) and authorised to issue electronic money or that holds an equiv.
Being a Full-Bank, a Light-Bank, or a Non-Bank in SwitzerlandPosted at 13:22 / 02 Apr, 2019
Conditions and Exemptions ENTITIES REGULATED BY FINMA AS A FULL OR LIGHT BANK (TAKING DEPOSITS) CONDITIONS SOURCE COMMENTS Full Banking License Anyone who is primarily active in the financial sector and professionally accepts public deposits i.
The mandatory public takeover and exemptions under Swiss lawPosted at 06:46 / 12 Mar, 2019
The concept of a mandatory public takeover for a Swiss listed company is necessary in order to ensure that minority shareholders’ interests are duly and adequately protected[1]. In this respect, a balance of interests must be established between the .
Brexit: the UK’s withdrawal from the EU and its implicationsPosted at 06:35 / 12 Mar, 2019
On 23 June 2016, after 43 years of being in the European Union (the “EU”), the United Kingdom (the “UK”) decided to officially withdraw its membership from the EU. A referendum was held within the UK whereby a vote was taken by every person or....
The EU Succession Regulation – Cross-border Successions made SimplerPosted at 14:19 / 06 Feb, 2019
Regulation (EU) No. 650/2012 of 4 July 2012 on jurisdiction, applicable law, recognition and enforcement of decisions and acceptance and enforcement of authentic instruments in matters of succession and on the creation of a European Certificate of Su.
Setting up a Corporate Advisory and/or Financial Intermediary in Switzerland, Abu Dhabi Global Market (ADGM) or Dubai International Financial Centre (DIFC)Posted at 11:30 / 04 Feb, 2019
This chart helps you to briefly compare the procedures of setting up of an corporate advisory or a financial intermediary in Switzerland and UAE. In UAE we take care of Abu Dhabi Global Market (ADGM) and DIFC in Dubai. SWITZERLAND[1] ABU DHA.
Obtaining Swiss Residency Based on a Swiss Lump Sum Tax RegimePosted at 13:28 / 03 Feb, 2019
What is Swiss Lump Sum Taxation Regime? Lump sum taxation is a special tax system, granted under certain circumstances, whereby Swiss tax is levied on the basis of expenses (amount can, to some extent, be negotiated with the cantonal tax authorities).
The Three Crypto-Currency Laws in Malta – Any Developments?Posted at 14:06 / 14 Jan, 2019
On the 1 November 2018, Malta has enacted the three laws establishing the regulatory framework governing Distributed Ledger Technology (the “DLT”), Blockchain Technology (the “Blockchain”) and Cryptocurrencies, making Malta the first country in the w.
The New FinTech LicensePosted at 13:50 / 08 Jan, 2019
From 1 January 2019, companies are able to apply to FINMA (the Swiss Financial Market Supervisory Authority) to obtain a new type of license, known as the “FinTech license” or the “light banking license”. Companies that accept public deposits of up t.
Setting up a Holding Company and a Special Purpose VehiclePosted at 12:35 / 17 Dec, 2018
A Comparison between Malta and the Abu Dhabi Global Market Holding Company (Malta) Special Purpose Vehicle (“SPV”) in Abu Dhabi Global Market (the “ADGM”) Regulatory Regime Regulated by the Registry of Companies (the “RoC”). The Companies Act,.
Citizenship by Investment Scheme under the Individual Investor Programme (‘IIP’) in MaltaPosted at 11:46 / 16 Dec, 2018
In November 2013, the Government of Malta introduced the IIP which allows a foreign individual to obtain Maltese citizenship through a certificate of naturalisation following a contribution to the economic development of Malta. Through this programme.
Genesis of a Swiss LawPosted at 09:14 / 29 Nov, 2018
How do new laws come about in Switzerland? Switzerland is a federal state: state powers (i.e. executive, legislative and judiciary) are shared between the federal government, the cantons and the communes. Federalism makes it possible for Switz.
Residency and Citizenship by Investment in Malta – are they considered as reputable high programmes?Posted at 11:10 / 31 Oct, 2018
“Malta has come a long way since the launch of its citizenship and residency programmes…we did not go chasing after numbers. We give priority to quality. So we have put in place all the necessary safeguards in order to make sure that we only...
Regulating cryptocurrencies: Analysis of the laws in Switzerland, the European Union and MaltaPosted at 12:22 / 30 Oct, 2018
With the growing popularity of decentralised ledger technology (“DLT”) and cryptocurrencies, concerns have been raised over the regulation of the industry due to possible nefarious activities stemming from cryptocurrencies, such as money-laundering, .
CDB 20 ET OBA-FINMA : LES PRINCIPAUX CHANGEMENTSPosted at 11:29 / 30 Oct, 2018
L’Association suisse des banquiers (« ASB ») a récemment publié la nouvelle Convention relative à l’obligation de diligence des banques, dont l’entrée en vigueur a été fixée au 1 janvier 2020 (« CDB 20 »). Ce texte constitue un des piliers juridiques.
The Legal Entity IdentifierPosted at 05:33 / 27 Sep, 2018
The Legal Entity Identifier (“LEI”) emerged in the wake of the financial crisis of 2008. Regulators cited the failure of risk management and controls as having played a leading role in the disaster. Of particular concern was the inability of virtuall.
The Malta Global Residence ProgrammePosted at 11:06 / 23 Aug, 2018
The Malta Global Residence Programme (the “MGRP”) is a programme regulated by subsidiary legislation 123.148 (the “Subsidiary Legislation”) designed to attract individuals who are not nationals of the EU, EEA or Switzerland and who are not long- term.
Investor and Client Protection: Upcoming Swiss Laws on Financial Services and Financial InstitutionsPosted at 02:37 / 01 Aug, 2018
BACKGROUND After the Financial Market Supervision Act (“FINMASA”) was enacted in 2009 and the Financial Market Infrastructure Act (“FMIA”) in 2016, Switzerland, with the goal of putting in place the Financial Services Act (“FinSA”) and the Fin.
General Data Protection Regulation: Data Retention, Erasure and Record KeepingPosted at 14:26 / 19 Jul, 2018
The General Data Protection Regulation (the “GDPR”), has been approved by the European Parliament on 14 April 2016 and entered into force on the 25 May 2018. The GDPR replaced Directive 95/46 EC on the protection of individuals with regard to the pro.
Payment Services Directive: Changes to the industry within the European UnionPosted at 20:13 / 29 Jun, 2018
With the development of technological aspects not covered by the original Payment Services Directive (“PSD I”), the Second Payment Services Directive – Directive (EU) 2015/2366 (“PSD II”) was introduced in order to enforce greater consumer prot.
The General Data Protection Regulation: Key ChangesPosted at 14:03 / 26 May, 2018
The General Data Protection Regulation (the “GDPR”), after years of preparation has been approved by the European Parliament on 14 April 2016 and has entered into force on the 25 May 2018. The GDPR replaced Directive 95/46 EC on the protection of ind.
Insider trading provisions under Swiss LawPosted at 12:33 / 30 Apr, 2018
With the constant increase in stock market transactions, the rules on market abuse are becoming more stringent in Switzerland. Insider trading is punishable under Swiss law, both at an administrative and criminal level. In addition, the Swiss .
GDPR Update – Compliance and Way ForwardPosted at 11:11 / 17 Apr, 2018
Coming into force from May 2018, the EU General Data Protection Regulation (the “GDPR”) will profoundly alter the way businesses and consumers look at the data they hold. Being informed about why it’s coming into play and what the regulation is solvi.
La Nouvelle Circulaire FINMA 2018/3 “Outsourcing – Banques et Assureurs”Posted at 09:18 / 08 Mar, 2018
Les premières recommandations en matière d’outsourcing en Suisse ont été mises en place en 1999 par la circulaire de la Commission fédérale des Banques : Externalisation d’activités (outsourcing). Cette circulaire a été révisée une première fois en .
Regulation of Blockchain: Issues and Legal ChallengesPosted at 08:40 / 08 Feb, 2018
Malta is set to develop a broad, national strategy aimed at embracing blockchain innovation. With the announcement of Malta’s launch of the world’s first legal framework for the creation of a regulator to oversee blockchain, artificial intelligence a.
La neutralite d’internet en Suisse et la revision partielle de la loi federale sur les telecomunicationsPosted at 11:29 / 31 Jan, 2018
Le 14 décembre dernier, la Commission fédérale américaine des télécommunications (« FCC ») a voté l’abolition du principe de la neutralité d’Internet contenue dans une circulaire adoptée en 2015 sous la présidence de Barack Obama[1]. Cette circulaire.
Transparency for Intermediaries – Mandatory Automatic Exchange of Information in the Field of Taxation in relation to Reportable Cross-Border ArrangementsPosted at 12:19 / 30 Jan, 2018
On 21 June 2017, the European Commission proposed a Council Directive amending Directive 2011/16/EU regarding mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangement (the “Proposal”). Th.
Internet Reputation – How online publishers can cause mayday?Posted at 12:44 / 26 Jan, 2018
Internet is the way of life now. You open your eyes in the morning by searching for your smartphone. The day starts right from snoozing your alarm to setting your alarm at night on your smart phone. During your 17 hours of awakening during the....
Comparison of UAE VAT with Switzerland & MaltaPosted at 07:50 / 21 Dec, 2017
On 1 February 2017, the representatives of the Gulf Cooperation Council (the “GCC”) signed the Unified Value Added Agreement for the GCC, meaning that a formal Value Added Tax (the “VAT”) system is going to be introduced in all six member states of t.
Money laundering and lack of due diligence: The Swiss Federal Tribunal decides in ATF 142 IV 207Posted at 07:29 / 21 Dec, 2017
A bank was charged for having violated the Article 305bis of the Swiss Criminal Code (“SCC”) (in connection with the Article 102 (2) SCC) and was subsequently subject to a search of its premises. During the course of the proceedings conducted by the .
The New EU Shareholder Rights Directive 2017/828 ECPosted at 08:02 / 03 Dec, 2017
The New EU Shareholder Rights Directive 2017/828 EC (the “Directive”) was adopted by the European Parliament on the 14 March 2017 and was further adopted by the European Council on the 3 April 2017. The Directive has been provided as an amendment to .
Updates on Financial Technology in the DIFCPosted at 14:19 / 31 Oct, 2017
On the 6th March 2017 the Dubai Financial Services Authority (the “DFSA”) has released its Consultation Paper (112) with guidance on how its regime will accommodate and regulate testing financial technology (“FinTech”) innovations. Since the release .
Payment Service Provider and Electronic Money Institution License in MaltaPosted at 12:36 / 28 Oct, 2017
The Financial Institutions Act, Chapter 376 of the Laws of Malta (the “Act”) which was enacted on the 15 November 1994 stipulates that no business of a financial institution shall be transacted in or from Malta except by a company which is in possess.
The Holding Company in SwitzerlandPosted at 12:47 / 16 Oct, 2017
The Swiss holding company is a company whose main purpose is to provide the consolidated management unit over a long term (for a minimum of one year) of investments in the capital (“Participations”) of one or various companies based in Switzerland an.
Collateral Securities under Swiss LawPosted at 11:03 / 08 Oct, 2017
With the exception of the “natural obligations”[1], debt obligations are always connected to a legal action which guarantees the execution of a transaction between parties to a commercial relationship. However, the creditor sometimes needs to secure .
The Malta Retirement ProgrammePosted at 13:06 / 11 Sep, 2017
The Malta Retirement Programme (the “MRP”) enacted by Legal Notice 317 of 2012 introduces a special tax status regime for EU, EEA and Swiss pensioners who become Maltese residents.
‘WATCH LIST’ FINMAPosted at 14:49 / 28 Aug, 2017
Dans le cadre de la surveillance des marchés financiers, la FINMA collecte des données sensibles potentiellement pertinentes regroupées dans un fichier couramment appelé la Watch List visant d’instrument d’enforcement afin de juger de la garantie irr.
Malta residency and Visa programme (the “MRVP”)Posted at 14:43 / 28 Aug, 2017
The Malta Residence and Visa Programme Regulations provide for investors of a good repute to receive Maltese residence depending on their contribution and investment in Malta.
INCENTIVES FOR FUND MANAGERS IN THE DIFCPosted at 13:39 / 17 Jul, 2017
The Dubai International Financial Centre and the Dubai Financial Services Authority have developed a strategy in order to encourage and support the growth of the local DIFC fund management industry.
DFSA Regulation on Financial Services involving ‘Arranging’ ActivitiesPosted at 08:15 / 12 Jun, 2017
During the process of the Dubai Financial Services Authority supervision it was found that there were some unintended gaps in the regulation, especially with regards to ‘arranging’ activities.
DATA PROTECTION IN SWITZERLAND PART 4Posted at 07:57 / 12 Jun, 2017
The nature of data protection measures inherently requires that when data is being moved from one state to another, each jurisdiction must have equivalent protections and sanctions.
The Upcoming MIFID II : Implementation Steps in MaltaPosted at 12:32 / 15 May, 2017
The Upcoming MIFID II : Implementation Steps in Malta The Markets in Financial Instruments Directive (the “MiFID”) has been a piece of legislation which was, and still is, of fundamental importance to financial markets across Europe. De.
L’IMPOSITION D’APRÈS LA DÉPENSE PRINCIPES GÉNÉRAUX ET CONDITIONSPosted at 08:55 / 08 May, 2017
Comme précité, la LIFD et la LHID constituent les dispositions de base pour le Forfait. Ces lois posent les conditions sine qua non permettant de bénéficier en Suisse du Forfait..
Financial Technology in the DIFC : Developments and regulatory provisionsPosted at 08:47 / 08 May, 2017
Driven by the United Arab Emirates National Innovation Strategy and Dubai Plan, and the Dubai International Financial Centre 2024 strategy, the emergence and developments of Financial technology is being used to transform and leverage the DIFC into .
The Base Erosion and Profit Shifting Project (the “BEPS”)Posted at 08:44 / 05 Apr, 2017
Over 80 developing countries and other non-OECD/non-G20 economies united together to develop the BEPS package in order to develop a modern and international tax framework under which profits are taxed where economic activity and value creation occur.
Implementation of the Common Reporting Standards (the “CRS”) in the UAEPosted at 08:43 / 05 Apr, 2017
Implementation of the Common Reporting Standards (the “CRS”) in the UAE Information on the CRS and how it will affect Financial Institutions in the UAE.
Tableau comparatif des sociétés commerciales suissesPosted at 08:27 / 05 Apr, 2017
Forte d’une situation économique prospère et d’un système juridique libéral, la Suisse est une place attrayante pour l’implantation d’entreprises. Le tableau, ci-dessous, compare les différentes sociétés commerciales susceptibles d’être constituées e.
LES TITRES INTERMEDIES EN DROIT SUISSEPosted at 12:37 / 06 Mar, 2017
En droit suisse, un papier-valeur est un titre auquel un droit est incorporé d’une manière telle qu’il est impossible de faire valoir ce droit ou de le transférer indépendamment du titre.
DATA PROTECTION IN SWITZERLANDPosted at 16:49 / 10 Jan, 2017
PART 3: CURRENT CHALLENGES FACING DATA PROTECTION .
LES PLANS D’OPTIONS D’ACHAT D’ACTIONS DE COLLABORATEURS OU STOCK OPTION PLANSPosted at 16:02 / 25 Nov, 2016
Les plans d’intéressement des employés de sociétés ont été mis en place depuis le début des années 1980 sous l’influence anglo-saxonne.
Awareness of Online Presence and Social Media PostingPosted at 16:08 / 24 Nov, 2016
Overview of the laws and regulations in place with regard to posting online and on social media in the UAE.
Understanding the EU Anti-Tax Avoidance DirectivePosted at 15:47 / 24 Nov, 2016
On the 28 January 2016, the European Commission (the “Commission”) released a proposal for a Council Directive laying down rules against tax avoidance practices.
SAFEGUARDING THE PAYMENT OF EMPLOYEE WAGES ON TIMEPosted at 11:12 / 08 Nov, 2016
Update for employers with regard to the proper payment of wages under the current UAE Employment Law regime.
LE NOUVEAU DROIT SUISSE EN MATIERE DE CORRUPTIONPosted at 11:08 / 24 Oct, 2016
APERCU DES MODIFICATIONS Depuis plusieurs années déjà, la corruption fait partie, à l’instar du blanchiment, des préoccupations majeures des organisations internationales sur le plan pénal. Afin de se conformer aux obligations contenues dans l.
WATCH LIST FINMA – A LA LUMIERE DE LA JURISPRUDENCE RECENTEPosted at 09:46 / 16 Sep, 2016
Les dispositions légales régissant les marchés financiers exigent que les organes les plus importants d’un assujetti présentent toute .
TRANSMISSION DIRECTE – PROJET DE NOUVELLE CIRCULAIRE FINMAPosted at 08:06 / 14 Sep, 2016
Avant l’entrée en vigueur de l’art. 42c de la Loi sur la surveillance des marchés financiers du 22 juin 2007.
Notified AIFs: A New Fund Product Launched in MaltaPosted at 12:25 / 19 Jul, 2016
The Malta Financial Services Authority (the “MFSA”) has just launched a new regime of notification of funds applicable to Alternative Investment Funds (the “AIFs”).
THE DUBAI INTERNATIONAL FINANCIAL CENTRE WILLS AND PROBATE REGISTRYPosted at 11:51 / 07 Jul, 2016
A Regulatory Update.
A Look into Iran Post-Economic SanctionsPosted at 12:13 / 20 Jun, 2016
Overview of the lifting of certain Iran-related sanctions, and the economy and business thereafter .
Updates to the Fund Regulatory Regime in MaltaPosted at 13:56 / 11 Apr, 2016
Changes in the Available Fund Regimes and Launch of Notified AIFS.
Updates to the Fund Regulatory Regime in Malta:Posted at 11:40 / 11 Apr, 2016
Comparison Chart: Requirements under the AIFM Directive vs UCITS Directive for Asset ManagersPosted at 13:55 / 19 Feb, 2016
Comparision between the two regulatory regimes.
FINANCIAL MARKET INFRASTRUCTURE ACT (FMIA)Posted at 13:55 / 15 Feb, 2016
FMIA entered into force on 1 January 2016, and aims to adjust the regulation of financial market infrastructures and derivatives trading in line with market developments and international requirements.
DATA PROTECTION IN SWITZERLAND (Part 2)Posted at 13:52 / 26 Nov, 2015
Part 2 of 4: How does banking secrecy work in Switzerland?.
THE NEW UAE COMMERCIAL COMPANIES LAWPosted at 22:55 / 02 Nov, 2015
A regulatory update regarding the UAE Federal Law No. 2 of 2015 on Commercial Companies.
Vers une transparence des actions au porteur en SuissePosted at 13:51 / 30 Oct, 2015
Dans une volonté commune de s’aligner aux recommandations du GAFI,la Suisse doit s’assurer que ses autorités compétentes disposent des informations permettant d’identifier les propriétaires de société.
The Fourth Anti-Money Laundering Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015.Posted at 11:30 / 29 Oct, 2015
On 20 May 2015, the European Parliament and the Council of the European Union (the “EU”), published the Directive (EU) 2015/849 (the “Directive”) .
VIRTUAL CURRENCIESPosted at 13:49 / 19 Oct, 2015
The Swiss regulator FINMA has recently authorised the creation of the first digital currency exchange platform headquartered in Zurich.
L’ENTRAIDE ADMINISTRATIVE INERNATIONALE EN MATIÈRE DE SURVEILLANCE DES MARCHÉSPosted at 13:48 / 27 Aug, 2015
FINMA dispose d’une compétence que lui procure...
Incorporation of a Design Firm in the Dubai Design DistrictPosted at 22:48 / 25 Aug, 2015
Formation requirements and procedure.
Obtaining a Securities and Commodities Authority Financial Consultation and Financial Analysis License in the UAEPosted at 22:43 / 20 Aug, 2015
Processes and procedures for obtaining the license from the SCA..
NEW DFSA CLIENT CLASSIFICATION RULESPosted at 22:36 / 20 Aug, 2015
A regulatory update regarding the client classification requirements of the Dubai Financial Services Authority.
Incorporation of a Management/Business Consultancy Company in the Dubai Multi Commodities CenterPosted at 22:32 / 20 Aug, 2015
Formation requirements and procedures.
Extension of Passporting Rights to third country managers under the AIFM Directive – ESMA Advice IssuedPosted at 09:57 / 01 Aug, 2015
ESMA issued its advice on the 30 July 2015. This newsletter aims to provide a general outlook on ESMAs advice and the next steps forward. .
Proposed New Rules on FX Financial Instruments under MiFID IIPosted at 11:22 / 31 Jul, 2015
Much discussion has arisen on whether or not FX spot contracts relating to currencies are to be considered as financial instruments as defined under the Mark ets in Financial Instrument Directive .
DATA PROTECTION IN SWITZERLANDPosted at 13:48 / 28 Jul, 2015
Part 1 of 4: Personal data can be considered an essential and often invaluable asset to most businesses in today’s society.
Projet de révision totale OBA-FINMAPosted at 13:47 / 29 Jun, 2015
Le 11 février 2015, la FINMA a ouvert, une procédure de consultation relative à la révision totale de l’Ordonnance de la FINMA sur le blanchiment d’argent.
Understanding the European Long-Term Investment Funds Regulation (the “ELTIFs”)Posted at 10:49 / 25 Jun, 2015
On 26 November 2014, the European Commission, the Council of Europe and the European Parliament , reached an agreement .
Foundations under Maltese LegislationPosted at 13:45 / 31 May, 2015
Structure of foundations in Malta.
MFSA Category 3 and DFSA Category 3A – Comparison Chart MaltaPosted at 13:45 / 27 May, 2015
Comparison between licenses in the two jurisdictions.
Fiscalité française des non- résidents: Détentions immobilièresPosted at 13:46 / 01 May, 2015
De nombreux changements sont intervenes au cours des derniers mois....
AIFMD: How the local implementation of AIFMD in Malta affects the ability of fund managers to work with local investorsPosted at 17:13 / 06 Apr, 2015
The AIFMD: Deadlines and Conversion from non-AIFM to AIFMDPosted at 13:44 / 06 Apr, 2015
The AIFMD sets out the rules for authorization, ongoing operation and transparency for AIFMs and the rules for managing and/or marketing AIFs within the EU.
Incorporation Process of a Company Trading in Gold in the Dubai Multi Commodities CentrePosted at 22:25 / 31 Mar, 2015
Taking up Residency in MaltaPosted at 13:43 / 20 Feb, 2015
Review of the conditions, requirements and procedures for taking up residency in Malta.
Taxation of Companies Domiciled in MaltaPosted at 13:42 / 28 Jan, 2015
Under Malta’s tax system a company is considered resident in Malta if it is incorporated in Malta.
Licensing of a Gaming Company in MaltaPosted at 12:06 / 25 Jan, 2015
Malta has a dynamic economy based on international trade and international business..
Company Formation in MaltaPosted at 16:26 / 23 Jul, 2014
Maltese company law is principally governed by the provisions of the Companies Act of 1995, which is heavily based on the provisions of the UK Companies Act.
UCITS VPosted at 16:07 / 17 Jul, 2014
On 3 July 2012 the European Commission published a proposal for regulations and administrative provisions in respect of depositary functions, remuneration policies and sanctions related to UCITS.
Ship Registration in MaltaPosted at 13:40 / 08 May, 2014
Malta has long been seen as a main transport hub in the Global Maritime Industry due to its predominant position in the middle of the Mediterranean Sea.
THE FOREIGN ACCOUNT TAX COMPLIANCE ACTPosted at 19:53 / 09 Apr, 2014
The Foreign Account Tax Compliance Act aims to improve compliance by US taxpayers who maintain foreign financial assets and offshore accounts.
Markets in Financial Instruments Regulation (MIFIR)-change and impactPosted at 16:01 / 09 Apr, 2014
On the 20 October 2011, the European Commission published two proposals: MIFID II along with MIFIR.
MARKETS IN FINANCIAL INSTRUMENTS DIRECTIVE II (MIFID II) AND THE MARKETS IN FINANCIAL INSTRUMENTS REGULATION (MIFIR)Posted at 13:38 / 01 Apr, 2014
Changes and impact.
Conducting the Financial Service of Operating a Representative Office in the Dubai International Financial CentrePosted at 22:16 / 28 Feb, 2014
Incorporation of an Offshore Company in the Ras Al Khaimah Investment AuthorityPosted at 22:09 / 06 Feb, 2014
Islamic Funds in the Dubai International Financial CentrePosted at 22:05 / 31 Oct, 2013
Formation requirements of a domestic exempt Islamic fund in the Dubai International Financial Centre.
Remuneration Policy under the Alternative Investment Fund Managers (the ‘AIFMD’) and the MFSA Investment Services RulesPosted at 13:31 / 24 Oct, 2013
Global Market Place Abu Dhabi – The First Budding Financial Free Zone Of Abu DhabiPosted at 21:59 / 09 Oct, 2013
Overview of the launch and pristine features of GMAD.
Distribution Rules to Accredited InvestorsPosted at 09:58 / 01 Mar, 2013
under the March 2013 Revision of the Swiss Collective Investment Act.
ALTERNATIVE INVESTMENT FUND MANAGERS DIRECTIVE (“AIFM Directive”)Posted at 11:53 / 28 Dec, 2012
The AIFM Directive – Directive 2011 / 61 / EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers (“AIFMs”) - lays down the requirements .
Revised Swiss Collectives Investment Scheme ActPosted at 07:44 / 11 Dec, 2012
The entry into force of the Alternative Investment Fund Managers Directive on July 2011 (“AIFMD”) resulted in new obligations for EU and non-EU fund managers. .
ISLAMIC FUNDS IN THE DUBAI INTERNATIONAL FINANCIAL CENTREPosted at 11:40 / 29 Oct, 2012
This publication will focus on the formation requirements of a domestic exempt Islamic fund.
Fund Management Companies post AIFMDPosted at 11:34 / 20 Sep, 2012
Licensing comparison.
UCITS III – Investment & Borrowing Restrictions for UCITS FundsPosted at 13:30 / 11 Sep, 2012
The following rules apply to Maltese UCITS funds, as well as their sub-funds, set-up after 1 November 2007 under the Undertakings for Collective Investment in Transferable Securities and Management.
Collective Investment Scheme for Accredited InvestorsPosted at 11:34 / 01 May, 2012
Collective Investment Schemes for Accredited Investors .
Banking in MaltaPosted at 13:27 / 09 Mar, 2012
This publication provides a synopsis of the legal requirements for authorisation to carry on the business of banking in Malta, which is regulated by the Banking Act.
SALAM Contract in ShariahPosted at 11:32 / 27 Feb, 2012
Salam is a forward sale contract for future delivery of specified goods with up-front payment of price..
SUKUKPosted at 11:20 / 19 Feb, 2012
Sukuk are asset-backed, stable income, tradable and Shariah compatible trust certificates..
MUDARABAHPosted at 13:12 / 07 Feb, 2012
This publication provides a general overview on the Mudarabah structure of finance..
MUSHARAKAHPosted at 13:13 / 26 Jan, 2012
In its literal sense, Musharakah means sharing, or Shirkah, which means being a partner.
Collective Investment Scheme for Accredited InvestorsPosted at 08:19 / 01 Dec, 2011
Collective Investment Scheme for Accredited Investors.
Investment GroupsPosted at 13:27 / 03 Aug, 2010
In today’s fast moving financial sphere not everyone likes to invest alone.
Trusts and Trustees in MaltaPosted at 13:25 / 04 May, 2010
The current legislative system of Maltese trusts and trustees is relatively new and is the result of an extensive overhaul of the trust legal system.
The Maltese Management Company PassportPosted at 13:20 / 03 May, 2010
An attractive feature of the Maltese asset management company (“ManCo”) is the ability to carry on business in other EU and EEA states through a simplified notification procedure.
RÉSULTATS DE LA CONSULTATION SUR LA LSFIN ET LA LEFINPosted at 14:15 / 13 Apr, 2010
La règlementation de la place financière en Suisse devrait connaître un remaniement important avec les deux projets de lois actuellement en discussion sur les services et les établissements financiers.
Structuring of Shariah-Compliant Funds in MaltaPosted at 13:18 / 08 Apr, 2010
Shariah-compliant investment funds are a special class of investment vehicles that operate according to the principles of Islam.
REDOMICILIATION OF INVESTMENT FUNDSPosted at 12:43 / 05 Apr, 2010
Offshore to Onshore – Re-domiciliation of Funds to Malta.
UCITS IV – New Generation of EU Compatible SchemesPosted at 09:35 / 01 Oct, 2009
The new rules of the revised UCITS Directive (UCITS IV) are set to be transposed into the national law of Member States by 1 July 2011. .
Qualified Intermediary ProgramPosted at 08:41 / 01 Jul, 2009
Impact of Contemplated Changes on the Finance Industry.
Changes to US Legislation to Curtail Tax Evasion – Impact on Financial IntermediariesPosted at 10:01 / 22 Apr, 2009
In the midst of the current financial crisis, the United States and European nations have grown less tolerant of tax havens.
Doing Insurance Overview	Business	in SwitzerlandPosted at 07:27 / 01 Mar, 2009
Social insurances schemes, including mandatory health and work accident insurance as well as pension, are subject to the supervision of the Swiss Federal Office of Social Insurance. .
Application for a BankPosted at 12:29 / 01 Jan, 2009
SWISS LEGAL FRAMEWORK.
Shariah Compliance & Investment FundsPosted at 08:38 / 01 Jan, 2008
Due to the large amount of middle-eastern assets deposited with Geneva-based banks, there has been a recent surge in demand for Shariah compliant investment schemes by Swiss portfolio managers. .