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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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Cuts expected as UK Government overhauls panel process

The UK Government’s Crown Commercial Service (CCS) is consolidating two of its panels, which is expected to result in cuts. Under the new framework, the General Legal Advice Services (GLAS) and Finance and Complex Legal Services (FaCLS) panels have been brought together. The CCS says that though the procurement activity for two panels is combined, […]

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Freshfields’ client JP Morgan racks up “staggering” costs in Nigeria scrap

Legal fees are mounting in Nigeria’s $875m claim against JP Morgan, with Freshfields Bruckhaus Deringer’s client spending in excess of £3m on the disclosure of documents alone during its defence. This emerged in a preliminary skirmish in the case, during which it was also revealed that JP Morgan spent £290,000 resisting the claimant’s latest application […]

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Skadden partner joins Singapore tech giant as GC

A corporate partner in Skadden Arps Slate Meagher & Flom’s Hong Kong office has moved to one of the firm’s clients Grab as group general counsel. Christopher Betts has relocated to Singapore to take up the new in-house role. He joined the Singapore-headquartered “super app” in the same month when Grab formalised its plan to […]

Farrow & Ball

Latham picks up mandate on Farrow & Ball sale

Latham & Watkins and Macfarlanes have reprised their roles advising paint retailer Farrow & Ball, as its private equity owners decided to sell on the brand. Farrow & Ball has been bought by Danish manufacturer Hempel Group. Latham advised Farrow & Ball’s owners, Ares Management, on the sale and fielded a team led by London […]

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Gowling offers suite of flexible working options for staff

Gowling WLG is the latest firm to introduce flexible working arrangements, including the option to spend up to 50 per cent of time working from home for the long-term. The firm’s Agile+ scheme opens up a broader menu of flexible/alternative working patterns. Working patterns being trialled through a series of pilot projects include flexible start […]

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