UK police end inquiry into cash-for-honours involving king’s charity
LONDON, Aug 21 (Reuters) - British police said on Monday they would not take any further action following an investigation...
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Global Digital Assets Digest: August 2023
Welcome to this month's Global Digital Assets Digest. In Australia, we have the release of Draft Prudential Practice Guide, which...
Ukraine government begins work on plan to implement EU funding program
In the runup to the Ukraine Recovery Conference in June 2023, the European Commission announced its Ukraine Facility, a four-year...
Evergrande seeks US court nod for $32 billion debt overhaul as China economic fears mount
Evergrande seeks protection from creditors as part of debt restructuringEvergrande to meet creditors later this month for restructuringFinancial markets hit...
UK securitisation regulation statutory instrument
Overview On 11 July 2023, HM Treasury published the Draft UK SR SI1, updating the draft statutory instrument published as...
Spotlight: real estate M&A transactions in Belgium
All questionsTransactionsi Legal frameworks and deal structuresIn deals involving Belgian PERE funds (FIIS), the regulations are extremely limited and are...
Spotlight: real estate M&A transactions in Austria
All questionsTransactionsi Legal frameworks and deal structuresIn Austria, real estate transactions are governed by various legal frameworks and there are...
Luxembourg Act to establish national screening mechanism for foreign direct investments – Commentary
IntroductionPrior notification process and screening procedureEnforcement measuresIntroductionOn 1 September 2023, the Luxembourg Act (the Act) of 14 July 2023 will...
UBS pays $1.43 bln to settle US mortgage claims as industry-wide probe concludes
The logo of Swiss bank UBS is seen at the company's office at the Bahnhofstrasse in Zurich in this July 1, 2009 file photo. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsWASHINGTON/NEW YORK, Aug 14 (Reuters) - UBS (UBSG.S) agreed to pay $1.435 billion to settle U.S. charges that the Swiss lender misled investors into buying troubled mortgage securities, concluding an industrywide probe into a root cause of the 2008 global financial crisis.The U.S. Department of Justice on Monday said it has collected more than $36 billion in civil fines from 19...
Crypto assets as things in action: a landmark ruling by the Singapore High Court
Introduction In yet another landmark decision on 25 July 2023, the Singapore High Court presided by Judge Philip Jeyaretnam (“Court”)...
