Legal

An investor’s guide to the galaxy of investment mechanisms

Conventional investment methods such as stock investing are no longer sufficient to quench the appetite of investors in emerging financial markets. Financial markets develop as a result of the emergence of new investment tools, the expansion of conventional investment tools and the emergence of different financial tools. investors, in light of rapid changes in the …

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The challenge of investing in the face of state anti-ESG legislation

August 24, 2022 – Interest in environmental, social and governance (ESG) investing has exploded in recent years and, at the same time, caught the attention of global regulators. Given the ambiguity in terminology around ESG, some global regulators are concerned that investment managers may be “greening” their investment products, or overemphasizing the ESG features of …

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New rules for overseas investments by AIF and VCF

presentation Foreign investments from Alternative Investment Funds (“AIF”) and venture capital funds (“VCFs”) are governed by the guidelines prescribed by the Securities and Exchange Board of India (“SEBI“) from time to time. Whereas the prior approval of the Reserve Bank of India (“RBI”) is not required for overseas investments, SEBI’s prior approval is required for …

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The new Tourism Law is in line with leadership directives to build a globally competitive tourism sector: Saudi official

Riyadh: The tourism ecosystem of the Kingdom of Saudi Arabia is undergoing a major overhaul with the announcement of a New Tourism Law approved this week by a Council of Ministers Resolution. The law will accelerate the development of an internationally competitive tourism sector in the Kingdom, which will boost business, innovation and investment. The …

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How is investment advice regulated in Switzerland?

In recent years, the Swiss rules on investment advice have changed significantly. This is the result of the adoption of the Swiss Financial Institutions Act (FinIA) and the Swiss Financial Services Act (FinSA), together with the relevant ordinances. Today, most of the transitional periods introduced in these acts and regulations have passed, which means that …

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Easing the burden on the board of directors: D&O liability insurance as a coping mechanism

The members of the Board of Directors face numerous decisions on a daily basis as members of the body charged with the management and representation of the company. The discretion that directors exercise in the performance of their duties carries a heavy weight as they may be liable to the company itself, shareholders or creditors …

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Money services businesses are penalized for failing to adopt strong anti-money laundering practices

Two recent federal enforcement actions – announced on the same day – have underscored the need for crypto companies to carefully consider their anti-money laundering (AML) obligations or else risk significant penalties. First, on August 8, 2022, the US Treasury Department’s Office of Foreign Assets Control (OFAC) added Tornado Cash (Tornado) to the list of …

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