Cohen milstein mulls equitable life action

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Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

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Keir Starmer QC appointed DPP

Doughty Street Chambers’ joint head Keir Starmer QC has been appointed the next director of public prosecutions (DPP), the attorney general Baroness Scotland announced today (25 July). Starmer, who was called to the bar in 1987 and took silk in 2002, will take over from Sir Ken Macdonald QC, previously of Matrix Chambers, on 1 […]

Vinson & Elkins bulks up Middle East

Vinson & Elkins has underscored its dedication to its United Arab Emirates strategy by relocating key partners to the region. The US firm, which has offices in Dubai and Abu Dhabi, has relocated Texas-based capital markets partner Jim Knight to its Dubai office and corporate partner Creighton Smith to the firm’s Abu Dhabi office which […]

Power play

The Royal Court of Jersey’s ruling concerning BetOnSport.com founder Gary Kaplan’s actions has shed light on the status of protector powers. The Royal Court of Jersey has provided useful clarification on the status of protector ­powers and the doctrine of fraud on a power in its judgment in the matter of the Bird Charitable Trust […]

Shearman appoints Euro finance head

Shearman & Sterling has appointed structured and ­leveraged finance partner Clifford Atkins to head the firm’s European finance group, taking over from Anthony Ward. Ward will step down from 1 August to focus on his posts as London managing partner and member of the global policy committee.

Dosh and checks

Anti-money laundering regulations in the BVI are tightening in line with international opinion and all must comply or face the toughest criminal penalties. The common catch-cry you will hear when you speak to ­anyone involved in the British Virgin Islands (BVI) financial services industry is: “from the donkey to the SUV in 20 years.” There […]

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