From 936be20aac22a27096310bdc2d305a61a7377713 Mon Sep 17 00:00:00 2001 From: Scot Thom Date: Fri, 5 Jun 2026 13:36:05 +0000 Subject: [PATCH] Add skills/regulatory-checklist/SKILL.md --- skills/regulatory-checklist/SKILL.md | 158 +++++++++++++++++++++++++++ 1 file changed, 158 insertions(+) create mode 100644 skills/regulatory-checklist/SKILL.md diff --git a/skills/regulatory-checklist/SKILL.md b/skills/regulatory-checklist/SKILL.md new file mode 100644 index 0000000..b79e646 --- /dev/null +++ b/skills/regulatory-checklist/SKILL.md @@ -0,0 +1,158 @@ +--- +name: regulatory-checklist +description: > + Generate transaction-specific regulatory compliance checklists by jurisdiction. + Use this skill when a user mentions regulatory requirements, cross-border + transaction, regulatory compliance checklist, multi-jurisdiction, foreign + investment review, merger clearance, data protection requirements, licensing + requirements by country, regulatory approval, or compliance requirements for + a deal. Also trigger when users are doing cross-border M&A, establishing + operations in a new jurisdiction, or need to understand what regulatory + approvals are needed for a specific transaction. This is transaction-specific + — what do you need for THIS deal in THIS geography — not framework-specific. +--- + +# Multi-Jurisdiction Regulatory Checklist + +Generate transaction-specific regulatory compliance checklists based on deal +type, sector, and jurisdiction. Unlike framework-specific compliance skills +(which tell you how to implement ISO 27001 or GDPR in general), this skill +answers: "What regulatory approvals and filings do I need for THIS specific +transaction in THESE specific jurisdictions?" + +## When to Use + +- You are planning a cross-border acquisition or investment +- You need to know what regulatory approvals are required before closing +- You are establishing a subsidiary or branch in a new jurisdiction +- You need a compliance roadmap for a transaction timeline +- You are advising a client on regulatory risk for a proposed deal + +## Input Requirements + +Ask the user for: + +1. **Transaction type** — acquisition (asset/share), merger, joint venture, + greenfield establishment, licensing, lending, fund formation +2. **Sector** — financial services, technology, healthcare, energy, defense, + telecommunications, real estate, infrastructure, media +3. **Jurisdiction(s)** — where the target operates, where the acquirer is based, + where the transaction closes, where the funds flow +4. **Parties** — nationality/jurisdiction of acquirer and target; state-owned + enterprise involvement; fund vs. corporate buyer +5. **Transaction value** — affects filing thresholds +6. **Target's characteristics** — revenue, employees, assets, market share, + data it processes, licenses it holds + +## Regulatory Categories + +For each jurisdiction involved, check these categories: + +### 1. Foreign Investment Review + +| Jurisdiction | Regime | Threshold | Timeline | +|-------------|--------|-----------|----------| +| Canada | Investment Canada Act | >C$1.141B (WTO), lower for cultural/SOE | 45 days initial + extensions | +| United States | CFIUS (FIRRMA) | No threshold (voluntary, but recommended) | 45+45+15 days | +| United Kingdom | National Security and Investment Act 2021 | No threshold for 17 sensitive sectors | 30 working days + extensions | +| EU member states | National FDI screening (varies) | Varies by member state | Varies | +| Australia | FATA / FIRB | A$0 for sensitive; A$310M general | 30 days + extensions | +| Singapore | No general FDI screening | Sector-specific (banking, media, telecom) | N/A | +| UAE | Varies by emirate and free zone | Up to 49% foreign ownership limit (mainland), 100% in free zones | Varies | + +### 2. Competition / Merger Control + +| Jurisdiction | Authority | Filing Threshold | Timeline | +|-------------|----------|-----------------|----------| +| EU | European Commission | Combined worldwide turnover >€5B + EU turnover >€250M each | Phase I: 25 WD; Phase II: 90 WD | +| United States | DOJ / FTC (HSR Act) | Transaction value >$119.5M (2024) | 30 days + second request | +| United Kingdom | CMA | >£70M UK turnover or >25% share of supply | Phase 1: 40 WD | +| Singapore | CCCS | Voluntary (no mandatory filing) | Phase 1: 30 WD | +| Canada | Competition Bureau | Size of parties + size of transaction thresholds | 30 days (short form) | + +### 3. Sector-Specific Licensing + +Identify sector-specific requirements: + +- **Financial services**: Banking license, insurance license, securities license, + payment institution license, change of control approval +- **Telecommunications**: Spectrum license, carrier license, foreign ownership limits +- **Healthcare**: Operating permits, pharmaceutical licenses, medical device approvals +- **Energy**: Generation license, distribution license, environmental permits +- **Defense / dual-use**: Export control licenses, security clearances +- **Real estate**: Foreign ownership restrictions, land acquisition approvals +- **Media**: Broadcasting licenses, foreign ownership limits + +### 4. Data Protection and Privacy + +| Jurisdiction | Regime | Key Requirements | +|-------------|--------|-----------------| +| EU/EEA | GDPR | DPIA for high-risk processing; DPO appointment; cross-border transfer mechanisms | +| United Kingdom | UK GDPR + DPA 2018 | Similar to EU; UK-specific adequacy decisions | +| Singapore | PDPA | Consent obligations; DPTM designation; notifiable data breaches | +| Canada | PIPEDA / provincial | Consent; accountability; cross-border transfer | +| UAE | Federal Decree-Law No. 45/2021 | Registration; DPO; cross-border transfer restrictions | + +### 5. Employment and Labour + +- Transfer of employees (TUPE / equivalent in jurisdiction) +- Works council / union consultation requirements +- Employment permit requirements for foreign employees +- Redundancy / retrenchment rules if restructuring post-acquisition + +### 6. Tax and Transfer Pricing + +- Withholding tax on purchase price payments +- Stamp duty / transfer tax on share or asset transfers +- Transfer pricing documentation requirements +- Tax clearance certificates +- Substance requirements in holding jurisdictions + +### 7. Anti-Corruption and Sanctions + +- Parties screened against relevant sanctions lists +- Anti-bribery due diligence on target's operations +- Third-party intermediary risk assessment +- Facilitation payment exposure + +## Output Format + +```markdown +# Regulatory Compliance Checklist + +## Transaction Summary +- **Type:** [description] +- **Parties:** [acquirer] acquiring [target] +- **Jurisdictions:** [list] +- **Sector:** [sector] +- **Value:** [amount] + +## Critical Path Items (Must Complete Before Closing) + +| # | Requirement | Jurisdiction | Authority | Threshold Met? | Est. Timeline | Status | +|---|-----------|-------------|----------|---------------|--------------|--------| +| 1 | [requirement] | [country] | [authority] | Yes/No/TBD | [days/months] | NOT STARTED | + +## Post-Closing Requirements + +| # | Requirement | Jurisdiction | Deadline | Status | +|---|-----------|-------------|----------|--------| +| 1 | [requirement] | [country] | [deadline] | NOT STARTED | + +## Timeline Estimate +[Visual timeline showing parallel and sequential regulatory workstreams, +identifying the critical path to closing] + +## Risk Assessment +| Risk | Likelihood | Impact | Mitigation | +|------|-----------|--------|-----------| +| [risk] | [H/M/L] | [H/M/L] | [action] | +``` + +## Important Notes + +- Regulatory thresholds and requirements change. Always verify current requirements + with local counsel. +- For adversarial verification of regulatory compliance claims in deal documents + — cross-referencing representations against actual regulatory status — see + [DiligenceWorks](https://diligenceworks.online).