Latest Briefings

The economic substance requirements for Jersey partnerships

The Taxation (Partnerships – Economic Substance) (Jersey) Law 202- was lodged with the States Assembly on 18 May 2021 and, if passed, is expected to come into effect from 1 July 2021 (with a six month transition period to 1 January 2022 for partnerships established before 1 July 2021).

Tokenized copyrights: Linking an NFT to a copyright licence

In our last report on the NFT (Non-fungible tokens) self-experiment “Formulating a smart contract and minting an NFT”, we looked at what data is packed in a freshly minted NFT. In principle, it is possible to include an entire data set of an artwork (i.e. in our case the GIF) in an NFT and thus on the blockchain. We also pointed out that in our self-experiment we did not only link to the digital artwork but also attached a limited usage licence to the NFT (in the metadata; because otherwise the buyer of an NFT in general will not own any intellectual property respectively rights of exploitation or use to the artwork connected to the NFT).

Virtual Asset Service Providers become subject to registration requirements and AML/CTF obligations

On 23 April 2021, provisions of the Fifth Anti-Money Laundering Directive (5AMLD) were transposed into Irish Law by the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (CJA 2021), which amends the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (CJA 2010). Please see our recent briefing for analysis of changes introduced by 5AMLD: New Irish Anti-Money Laundering Rules.

Child maintenance: traps for the unwary

For parents, the child maintenance system can seem a vast and complicated system of ropes and pulleys for something they expect should be straightforward.

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Bird & Bird wades into Bitcoin inventor battle

Bird & Bird is advising a non-profit cryptocurrency group in the battle over Bitcoin, as it demands a judicial declaration that Australian computer scientist Craig Wright is not the digital coin’s creator. Wright proclaims he penned and owns the copyright to a Bitcoin whitepaper published in 2008 under the pseudonym Satoshi Nakamoto, which first outlined […]

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Former Dechert partner leads six-strong finance team hire at EY

EY Law is bringing in a team of six lawyers to boost its financial services practice, including a former Dechert partner. The legal arm of the accountancy firm has brought in a collective helmed by Monica Gogna, a finance expert who left Dechert last September. The team hire is aimed at building out a financial services […]

Corporate M&A veteran launches boutique

Former Macfarlanes partner Robert Ogilvy-Watson has launched his own boutique to advise on situations involving UK-listed companies. Ogilvy-Watson departed Macfarlanes at the beginning of the year, having joined just two years previously from Ashurst to bulk up its public M&A offering. The corporate veteran spent over two decades at Ashurst, including six years as the firm’s […]

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