Latest Briefings

Moving to the Cayman Islands

Boasting an enviable lifestyle, modern infrastructure and a highly sophisticated financial services industry and all within a short flight of Miami and other US cities, the Cayman Islands check all the boxes for individuals seeking to relocate to a tax-neutral jurisdiction. As a result, the Cayman Islands have evolved into an increasingly popular place of residence for internationally mobile “remote-workers” and high-net-worth individuals from around the world.

FCA consults on new consumer duty in retail financial markets

Following the April 2019 publication of its feedback statement on a duty of care and potential alternative approaches, the Financial Conduct Authority (FCA) is consulting until 31 July 2021 on a new Consumer Duty that would set clearer and higher expectations for firms’ standards of care towards consumers.

Tech companies: three things you should know from the 2021-22 Quebec budget

The Québec Budget 2021–2022 includes measures encouraging investment to accelerate technology adoption and strengthens several tax measures aimed at the technology sector. The three key tax measures that tech businesses and entrepreneurs should know about are discussed below.

Workplace testing and vaccinations: What employers need to know

Workplace testing has proven to be a crucial piece in the UK government’s jigsaw to get British business back on its feet. But how can businesses implement a workplace testing programme and will the vaccine roll out make a difference?

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Mipim 2020: First firms pull plug on Cannes bash as European coronavirus cases mount

A slew of firms have withdrawn from Mipim as fears mount surrounding the spread of coronavirus across Europe. Harper Macleod was among the first to announce that it will no longer be sending delegates to the annual real estate conference. It has been joined by Norton Rose Fulbright and Morrison & Foerster and most recently […]

HSF launches first office in Italy with Simmons hire

Herbert Smith Freehills (HSF) has expanded in Europe, opening its first office in Italy with a hire from Simmons & Simmons. The new Milan office, which has been described by the firm as an “IP boutique”, will launch through Laura Orlando, Simmons’ former leading IP partner in the Italian city.

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Shearman & Sterling continues push towards $1bn global revenue

Shearman & Sterling’s revenue reached $968m in 2019 as the firm continues its laboured rise towards $1bn. Last year’s turnover represents a 1.3 per cent increase on its 2018 revenue, when Shearman’s global results showed 5 per cent growth to $955.5m. Meanwhile, the firm’s average profit per equity partner (PEP) was $2.5m, a modest rise […]

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