-
Oct 10, 2024 | 
mondaq.com | Guy Williamson |Richard Spencer |Robert Searle
The British Virgin Islands ("BVI")
continues to strengthen its financial services sector by aligning
with international standards, including those set by the Financial
Action Task Force (FATF). The BVI Business Companies (Amendment)
Act 2024 (the "Amendment Act"), which
modifies the BVI Business Companies Act (the "Act"), was
published in the BVI Gazette on 26 September 2024. While it has not
yet come into force, it's anticipated to be implemented
soon.
-
Aug 21, 2024 | 
mondaq.com | Alan Craig |Robert Searle |Richard Spencer |Simon Thomas
Following our advisory issued on 11 October 2023,
the Beneficial Ownership Transparency Act, 2023 (the
"Act") and the Beneficial Ownership
Transparency Regulations, 2024 (the
"Regulations") were brought into force
on 31 July 2024 (the "Commencement
Date").
-
Jul 16, 2024 | 
mondaq.com | Robert Searle |Richard Spencer |Guy Williamson
Pursuant to the BVI Business Companies (Financial Return) Order,
2023 (the "Order") (available here), every BVI company is required
to file with its registered agent an annual financial return (the
"Annual Return") within 9
months of either the company's calendar year or, if
the company's financial year is not a calendar year, the
company's financial year.
-
May 9, 2024 | 
theaustralian.com.au | Richard Lloyd Parry |Richard Spencer |Cameron Stewart
All high school pupils in China will be forced to undergo military service under a new law on “defence education”. The law, which will end a nationwide debate over what is already a common practice, also proposes drills for middle school pupils – aged 12 to 15 – and says defence education should be part of the syllabus even for primary school children.
-
Apr 25, 2024 | 
theaustralian.com.au | Larisa Brown |Richard Spencer |Rebecca Williams |Bertrand Benoit
China has a new fleet of spy satellites that could be used to target warships of the US and allies such as Australia during a potential war over Taiwan, space chiefs from the United States have said. Beijing has tripled the number of its intelligence, surveillance and reconnaissance satellites in orbit to 350 in six years as it develops military capabilities in space at a “breathtaking” speed, said the head of the US Space Command.
-
Mar 26, 2024 | 
mondaq.com | Alan Craig |Richard Spencer |Simon Thomas |Robert Searle
On 11 March 2024, the Companies (Amendment) Act, 2024 was
gazetted (the “Amendment Act”). The
purpose of the Amendment Act is to make the following innovative
commercial enhancements to the Companies Act (as revised) (the
“Act”) as the Cayman Islands continues
to thrive as a globally respected financial centre of excellence in
the face of evolving market dynamics.
-
Feb 15, 2024 | 
theaustralian.com.au | Nick Evans |Roger Boyes |Richard Spencer
A Chinese court has jailed a man for 10 months for having an affair with a soldier’s wife, breaking a law that gives special protection to military marriages. The man, named only in court documents as Ma, was a former workmate of the woman, named as Yuan. They met while Yuan’s husband was away on military duty and resumed an old acquaintance, at first innocently.
-
Feb 14, 2024 | 
theaustralian.com.au | Richard Spencer |Will Glasgow |Roger Boyes
When 16th-century Portuguese explorers first sailed to Malacca they were intent on making fortunes from the spice trade, but realised soon enough that they had stumbled on a bigger prize: the gateway to mysterious Cathay. Now Cathay, still a puzzle, is modern communist China and control of the Strait of Malacca is largely in the hands of Indonesia.
-
Feb 14, 2024 | 
theaustralian.com.au | Roger Boyes |Will Glasgow |Richard Spencer
Britain’s relations with China have taken an unexpected turn for the better as a row deepens over the non-appearance by Lionel Messi, the Argentinian football star, at an exhibition game in Hong Kong. Chinese mainland citizens, who saw Messi’s relegation to the bench as a snub not only to Hong Kong but the country as a whole, have aimed their wrath at the entire Argentinian nation.
-
Feb 4, 2024 | 
theaustralian.com.au | Alistair Dawber |Samer Al-Atrus |Richard Spencer
A proposal to end the war in Gaza that was being studied by Hamas on Monday brings freedom closer for the best-known and most controversial Palestinian political prisoner, the man a recent opinion poll suggested should be the territory’s next president. Hamas has said that top of its list for any exchange of prisoners for Israeli hostages would be Marwan Barghouti, a veteran West Bank leader whose history symbolises the divide with Israel.
