Awarding time for women

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The Cayman Islands and Luxembourg are two of the world’s leading investment funds jurisdictions. As fund structures develop it is increasingly common to see structures that include Cayman Islands and Luxembourg vehicles. This briefing focuses on the similarities and differences between the two jurisdictions in the context of subscription credit and capital call facilities. This […]

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Jersey substance proposals – the Banking and Finance perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The Law […]

The Equality and Human Rights Commission publishes damning review into the Grenfell Tower Fire

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ABA's Ramo awarded for achievements

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Malaysia takes on UN

United Nations Special Rapporteur and former Malaysian Bar council chairman, Dato Param Cumaraswamy, is facing defamation and slander writs for RM120m (about £30m) over a magazine article questioning the independence of the Malaysian judiciary. The move has been condemned by the International Bar Association, which argues that Cumaraswamy is immune from legal action because his […]

Neate moves from Slaughters

Francis Neate, head of litigation at Slaughter and May and the firm’s longest-serving partner, is leaving the firm to join Schroders as group legal director. Neate, treasurer of the International Bar Association, said that the move would provide welcome relief from the pressures of private practice. He replaces James Watkins, who left Schroders at the […]

FIDs abolition branded a 'penalty on success'

City lawyers are becoming increasingly dismayed at the Government’s confusion over foreign income dividends (FIDs). The Chancellor of the Exchequer, Gordon Brown, evidently felt that abolishing FIDs in the Budget would be a means of raising revenue in a way that would pass unnoticed by the majority of the electorate. They are due to be […]

Make child abuse pilot national, says CPS

THE CPS is to press for a pilot project that fast-tracks child abuse cases to be adopted nationally. The scheme has been running in the South West since 1995 and has seen the time it takes for cases involving child witnesses to get to court halved from 260 days to around 130. At the launch […]

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