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Results of the 2021 Canadian federal election

The Liberal Party of Canada failed to secure a majority in Parliament, but will form another minority government. Little has changed in terms of seat counts, and the composition of the House of Commons will be largely the same in Canada’s 44th Parliament as it was in the 43rd.

Payment for order flow: duty to clients

The discussion around payment for order flow (or PFOF) has been going on for some time in the UK, is nascent in the EU and rages in the US (particularly in relation to retail broking).

Q&A: Supply of goods to Saudi Arabia and GCC preferential tax treatment

Are you considering supplying goods from the Gulf Cooperation Council (GCC) to the Kingdom of Saudi Arabia? If the answer is yes, then this is a must-read to check if you qualify for GCC preferential tax treatment (including custom duty exemption), and the commercial implications you need to consider if you don’t.

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Penelope Warne, CMS

CMS makes up 49 in latest promotions round

CMS has made up 40 partners in its latest promotions round, the largest number ever. The firms scored well for gender diversity in the UK, with women making up 76 per cent of the 21 promotions in the UK. Outside the UK, however, just seven of 28 partners made up were women. In the UK, […]

yes and no

Jones Day “frat boy” claims could put off potential joiners, survey shows

Allegations of Jones Day’s ‘frat-boy culture’ could be discouraging potential new recruits, according to The Lawyer’s attitudinal survey of the US Top 50 Firms in London which lists where lawyers would most – and least – like to work for. For the third year, The Lawyer surveyed the market, including trainees, NQs and associates about […]

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