Debevoise scores HSF Asia managing partner Johnson for Hong Kong

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Privacy Shield open for self-certification on Aug 1

On August 1 US organisations can finally begin to submit self-certification requests to the Department of Commerce under the new EU-US “Privacy Shield.” This opens a new era for the lawful transfer of personal data from the European Union westward across the Atlantic. The Commerce Department has published a practical guide, “How to Join Privacy Shield: Guide to Self-Certification,” […]

Brexit - Flag of European Union

Tax Issues around Brexit

Our European tax team recentlydelivered a breakfast seminar exploring the tax issues and challenges posed by the result of the EU Referendum. The team covered a range of issues, including: the European framework, including overview of the EU, EEA, Eurozone and other European groupings; the process of the UK’s withdrawal from the EU; and the […]

India shuts down Mauritius route

Time to rethink investment structures On May 10 the Indian government issued a press release announcing the signing of a protocol to amend the India-Mauritius tax treaty.1 As a result of these amendments, Mauritius tax residents will no longer be exempt from Indian capital gains tax on sales of shares of Indian resident companies that […]

Insurance: new assessment method for GSIIs

The International Association of Insurance Supervisors (“IAIS”) has published its updated assessment methodology for designating global systemically important insurers (“G-SIIs”) (the “Revised Methodology”). As part of the review cycle of the IAIS and following consultations in 2015 the Revised Methodology now comprises five phases and adopts absolute reference values for certain indicators. Additionally, the Revised Methodology incorporates a […]

Outlook in enforcement actions against foreign banks at the new NYDFS

By Matthew L. Biben, Courtney M. Dankworth, Eric R. Dinallo, Mary Beth Hogan, Gregory J. Lyons, David Sarratt, David G. Sewell, Harriet M. Antczak On June 15 Maria Vullo was confirmed as the new Superintendent of the New York State Department of Financial Services (“NYDFS”), solidifying the first permanent change in leadership at the agency. Since the departure last summer of […]

Latest Briefings

Where the true value lies for legal self-service

Recently, BCLP hosted an informative round table discussion with panellists Michael Mills and Richard Seabrook of Neota Logic alongside Catherine Bamford of BamLegal. Use cases, opportunities and best practices for enabling legal self-service in an enterprise environment were discussed with an audience of corporate legal and compliance professionals. Here are some of the most interesting […]

Bermuda – the family office proposition

Bermuda has historically flown beneath the radar when it comes to promoting itself as the ideal location for the establishment of a family office. There are likely a number of reasons for this but one is that Bermuda was often chosen as a domicile for trusts or for the location of a physical family office […]

Data protection challenges of using AI in healthcare

By Robert Breedon, Jocelyn S Paulley AI, machine learning, deep learning, neural networks – call it what you like, there’s a lot of excitement about the ability of software to analyse a lot of data, spot patterns, learn (sometimes independently) and to make conclusions and produce insights that are entirely new. t is not unusual […]

How will virtual reality change the way we plan sustainable, smart cities?

By Dominic Conte, Joe Morris Virtual and augmented reality have come crashing into the real estate industry in the last couple of years, becoming a disruptive force in residential sales and leaving many people asking, what next? We’ve taken a look at some novel and interesting ways in which virtual reality will be used in […]

Introduction of the SEBI (settlement proceedings) regulations, 2018

The Securities and Exchange Board of India (SEBI), through a notification dated 30 November 2018, has introduced the SEBI (Settlement Proceedings) Regulations, 2018 (Settlement Regulations). The Settlement Regulations, effective from 1 January 2019, will replace the SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2014 (2014 Regulations). The Settlement Regulations have set out the terms […]

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Shoosmiths celebrates third year of partnership with local academy

Shoosmiths is urging other local companies to partner with local schools as it celebrates the Nottingham office’s third year of working with Top Valley Academy, with the support of charity Business in the Community (BiTC). Shoosmiths has offered support to staff and pupils in a range of areas through BiTC’s Business Class programme and has […]

eversheds

Eversheds appoints new London tax head

Eversheds has appointed Berwin Leighton Paisner (BLP) real estate tax partner Cathryn Vanderspar as its new London tax head following the departure of Clive Jones. Jones was reported to have left the firm with international real estate head William Naunton to set up a real estate boutique. Both are currently on gardening leave, which is […]

Singapore

Blackstone silk rebuffed in bid to fight Singapore JR battle

Blackstone Chambers silk Michael Fordham QC has failed to gain temporary admission to Singapore’s courts after a judge ruled he did not meet the criteria required for the ad hoc admission of foreign counsel. Fordham had asked the High Court of Singapore for permission to launch a judicial review for retired banker Deepak Sharma into […]

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