Heikki Koivula

The European Commission has adopted seven new implementing regulations, focusing on trust services including electronic attestations. These implementing regulations were published in the official journal on 30 July 2025 and will enter into force 20 days later. Implementing regulations create the common rules that enable Member States to develop secure and privacy-enhancing EUDI wallets that are interoperable and accepted across the European Union.    👉 You can find links to each of the newly adopted implementing regulation by heading to our site: https://lnkd.in/dQxNgekD

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❗From 18 November 2025, identity verification will be required for all company directors and people with significant control (PSCs). You can verify now to avoid potential delays and disruption. Read more: https://lnkd.in/ehRaEqiV

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Special Window for Re-lodgment of Transfer Requests of Physical Shares.   SEBI has introduced a special window for the re-lodgment of transfer requests for shares held in physical form. This window is open from July 7, 2025, to January 6, 2026, providing shareholders an opportunity to resubmit transfer deeds that were originally lodged before April 1, 2019, but were returned or rejected due to deficiencies in documentation.   In line with SEBI Circular No. SEBI/HO/MIRSD/MIRSDPoD/P/CIR/2025/97 dated July 2, 2025, JK Lakshmi Cement Limited has published a newspaper advertisement in Financial Express (All Editions) on July 23, 2025, to inform investors about this initiative. This step has been taken to facilitate ease of investment and to safeguard investor rights through the special window for re-lodgment of transfer requests for physical shares. #JKLakshmiCement #InvestorUpdate #ShareTransfer #DematShares #InvestorRelations #CorporateAnnouncement #JKLakshmi

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𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 𝐯𝐞𝐫𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐛𝐞𝐜𝐨𝐦𝐞𝐬 𝐦𝐚𝐧𝐝𝐚𝐭𝐨𝐫𝐲 𝐟𝐫𝐨𝐦 𝐚𝐮𝐭𝐮𝐦𝐧 𝟐𝟎𝟐𝟓 As part of the Economic Crime and Corporate Transparency Act, Companies House will introduce its most significant reform in decades: mandatory identity verification for directors and persons with significant control (PSCs). What this means: • New directors and PSCs must verify at incorporation or appointment • More than 7 million existing directors and PSCs will need to verify within a 12-month window, tied to the annual confirmation statement • In time, the regime also extends to LLP members and RRLE officers Why it matters: Failure to comply could prevent incorporations, delay filings and create governance risks. How Langham Hall can help: As an approved ACSP, Langham Hall provides secure, efficient and discreet identity verification services — giving boards, investors and advisers confidence that compliance is in hand. Contact [email protected] or speak with Allan Jensen, Head of Financial Crime. #LanghamHallInsights #ComplianceLeadership #CompaniesHouse #ACSP

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The Commission has published clear guidelines on internal restructuring transactions, clarifying when notification is required. Designed to assist parties in understanding the Commission's approach, these guidelines highlight control considerations and specify narrow circumstances for merger notification. Click here to access the guideline: https://lnkd.in/dpYr7cis

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📢 Important Update for BVI Companies & Limited Partnerships The BVI Registrar has officially granted a 6-month extension for certain non-public statutory filings - giving entities more time to refine compliance systems and meet upcoming requirements. 🗓️ New deadline: 1 January 2026 (Previously: 1 July 2025) The extension applies to: ✔️ Register of members/directors ✔️ General & limited partner registers ✔️ Beneficial ownership information At Corpag, we help clients navigate regulatory changes with clarity and confidence. Reach out to ensure you're well-prepared ahead of the new filing timeline. #Corpag #BVI #ComplianceUpdate #StatutoryFiling #EntityManagement #BVICompanies #LimitedPartnerships #CorporateServices #FiduciarySolutions #TrustCorpag #BVIRegistrar

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⚖️ OiRA and other risk assessment tools are being used across the EU, but how and where? This OSHwiki article explores: 🔸 Their presence in national OSH strategies 🔸 The reference to OiRA or other tools in Member States’ legislation 🔸 How digital risk assessment is evolving across Europe Read the article 👉🏻 https://lnkd.in/d34wG_Cj #OiRA #RiskAssessment #OSHwiki

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𝐈𝐅𝐒𝐂𝐀 𝐧𝐨𝐭𝐢𝐟𝐢𝐞𝐬 𝐓𝐞𝐜𝐡𝐅𝐢𝐧 & 𝐀𝐧𝐜𝐢𝐥𝐥𝐚𝐫𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬, 2025: 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐛𝐚𝐜𝐤𝐛𝐨𝐧𝐞 𝐨𝐟 𝐬𝐞𝐫𝐯𝐢𝐜𝐞 𝐝𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐢𝐧 𝐆𝐈𝐅𝐓 𝐂𝐢𝐭𝐲 The International Financial Services Centres Authority (IFSCA Official) has notified the IFSCA (TechFin and Ancillary Services) Regulations, 2025, creating a unified regulatory framework for technology-enabled and support service providers in GIFT City . Replacing earlier frameworks, the new regime defines clear eligibility, registration, governance, and operational standards. 𝐖𝐡𝐨 𝐢𝐬 𝐚 𝐓𝐞𝐜𝐡𝐅𝐢𝐧 𝐨𝐫 𝐀𝐧𝐜𝐢𝐥𝐥𝐚𝐫𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐏𝐫𝐨𝐯𝐢𝐝𝐞𝐫? - A TechFin service provider is any entity offering technology-based solutions (e.g., AI/ML, cybersecurity, KYC/AML, tokenisation) to assist in delivering financial services in IFSC. - An Ancillary Service Provider is an entity offering audit, risk advisory, HR, BPO/KPO, compliance, valuation, or other support services that facilitate financial services in GIFT City. 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: 1. 𝐌𝐚𝐧𝐝𝐚𝐭𝐨𝐫𝐲 𝐫𝐞𝐠𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐭𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧 𝐭𝐢𝐦𝐞𝐥𝐢𝐧𝐞 : All such service providers must register with IFSCA. Existing ones have 12 months to transition (extendable to 24 months). 2. 𝐃𝐞𝐟𝐢𝐧𝐞𝐝 𝐬𝐜𝐨𝐩𝐞 𝐨𝐟 𝐩𝐞𝐫𝐦𝐢𝐭𝐭𝐞𝐝 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬: First and Second Schedules list permitted Ancillary Services and TechFin Services. The Third Schedule provides list of excluded services. 3. 𝐄𝐥𝐢𝐠𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐚𝐧𝐝 𝐥𝐞𝐠𝐚𝐥 𝐟𝐨𝐫𝐦 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: Must be a company/LLP in IFSC or foreign branch. Entities from FATF high-risk jurisdictions are barred. 4. 𝐅𝐢𝐭-𝐚𝐧𝐝-𝐩𝐫𝐨𝐩𝐞𝐫 𝐜𝐫𝐢𝐭𝐞𝐫𝐢𝐚 𝐟𝐨𝐫 𝐤𝐞𝐲 𝐩𝐞𝐫𝐬𝐨𝐧𝐬: Promoters, directors, principal and compliance officers must meet “𝘧𝘪𝘵 𝘢𝘯𝘥 𝘱𝘳𝘰𝘱𝘦𝘳” standards. 5. 𝐂𝐥𝐢𝐞𝐧𝐭 𝐞𝐥𝐢𝐠𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐥𝐢𝐦𝐢𝐭𝐞𝐝 𝐭𝐨 𝐧𝐨𝐧-𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐬 : Services may be provided only to non-residents, except for limited cases such as setting up an office in the IFSC or overseas. 6. 𝐆𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠: Financials and operations must be maintained in foreign currency (typically USD). IFSCA Official has powers to inspect, call for records, and impose or relax conditions. This regulation marks a strategic shift in how support and technology service providers integrate with the IFSC ecosystem. By formalising the service provider regime, IFSCA Official is establishing GIFT City as a full-service, globally compliant financial hub. The Regulations are available at https://lnkd.in/gq9qcvvJ Readers may reach out to us with comments or questions at [email protected]. #Regstreet #IFSCA #GIFTIFSC #TechFin #AncillaryServices #RegulatoryUpdate #FinancialServices #FintechLaw

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Which pillar of BCBS 239 compliance keeps you up at night? 😣 → Is it the pressure of a supervisory review? → The scramble for accurate risk aggregation during a crisis? → Or simply proving your governance framework is more than just a document? Whichever it is, the root cause of the headache is often the same: a lack of clear 𝗱𝗮𝘁𝗮 𝗹𝗶𝗻𝗲𝗮𝗴𝗲. ❌ Without the ability to trace data from source to report, you're flying blind. ✅ But with it, you gain the visibility and control needed to satisfy regulators and make better risk decisions. 𝗪𝗵𝗮𝘁 𝘄𝗼𝘂𝗹𝗱 𝗮 𝟱𝟴% 𝗿𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗶𝗻 𝘁𝗵𝗲 𝗿𝗶𝘀𝗸 𝗼𝗳 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗳𝗶𝗻𝗲𝘀 𝗺𝗲𝗮𝗻 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿 𝗶𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻? Learn the four ways lineage for BCBS 239 can get you there. → https://ow.ly/9ISt50WMyvF #BCBS239 #DataLineage #RiskManagement #FinancialServices #RegTech

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📚🌍 #OCDE #OECD #compliance OECD-OCDE published 'Companies’ assessments of anti-corruption compliance'. "In the last decade, companies around the globe have significantly invested in the development of anti-corruption compliance programmes. Assessing the effectiveness of these programmes has proven challenging and requires that companies go beyond a box-checking approach, set clear objectives, measure progress and impact, and foster a culture of integrity. This paper takes stock of methodologies and tools − such as key performance indicators, culture surveys, data analytics, audits and peer learning − that companies use to assess and enhance the effectiveness of their anti-corruption programmes." Virginie GASTINE MENOU #compliance #conformité #ethics #éthique #ue #europeanunion #management #data #complianceofficer #leadership #droit #legal #juridique #finance #bank #formation #prevention #banque #industrie #formations #aml #esg #gouvernance #prevention #corruption #duediligence #tiers #AFA #risques #risk #privateequity #terrorism #pays #blanchiment #business #europe #terrorisme #fraud #fraude #moneylaundering #lcbft #entreprises #entreprise #audit #DH #transparence #avocat #rse #anticorruption #publications #public #societe

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Managing global compliance risk is about more than policies—it’s leadership, defensible decisions and proof of continuous improvement. Here are five practical actions senior legal and in‑house teams can use now. Save for later and share with your compliance partners.   Full insights in our GIR100 article: Effective investigations and management of global compliance risks https://lnkd.in/e6YiJ5kc Connect with our experts: ➡️ UK: Christopher Wrigley (Partner, Co-head of Global Compliance), Jane Park-Weir (nee Rogers) (Partner, Head of Corporate Investigations) and Jamie Halpin (Associate Director, Disputes and Investigations) ➡️ FR: Lucie Mongin-Archambeaud (Partner, Litigation and Business Ethics) ➡️ CN: Guohua Zhang (Managing Partner, Co-founder)

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