Duty solicitor scheme set for shake-up in LAB review

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Latest Briefings

Bulgarian pension funds: New opportunities for banks to enter into repo transactions and derivatives

By Tsvetan Krumov The amendments provide new business opportunities to banks to enter into repo transactions and derivatives with Bulgarian pension funds. There are various types of private social security funds under Bulgarian law depending on the social security risks they cover. However, as the regime for derivatives and repo transactions is identical for all […]

Amsterdam District Court: Museum Map Foundation must provide data to tax authorities on museum visits

By Anke Holtland Yesterday, the Amsterdam District Court ruled in summary proceedings that the Museum Map Foundation must provide data to the tax authorities on museum visits by one specific museum card holder. What was going on? The Tax and Customs Administration demanded the information about museum visits from one specific museum card holder for the period 2014 to […]

Rules and weightings for 4th Dutch Offshore Wind tender (HKZ III&IV)

By Roland de Vlam, Redmar Damsma With the tender for the Hollandse Kust Zuid III & IV offshore wind sites in Q1 2019 rapidly approaching, potential contesters and other interested parties are awaiting the publication of the definitive version of the Ministerial Regulation holding the rules and weightings related to the tender procedure and criteria […]

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Budget leaves islands in flux

Robert Clifford investigates how a raft of proposals announced by the Chancellor will affect the operation of offshore trusts. Robert Clifford is a partner at Theodore Goddard in Jersey. One certainty about the Chancellor, Gordon Brown’s first full Budget was that it would do no favours for the offshore islands. As expected, offshore trusts attracted […]

New body, new regime

A new regulatory body is to police Jersey’s finance industry. Richard Syvret explains how it will work. Richard Syvret is director of Jersey’s Financial Services Department. Over the past 40 years, Jersey has become a leading international finance centre. Trustees, custodians, administrators, accountants and lawyers make up some of the 10,000 professionals employed by the […]

Trusts may face taxing times

Double-barrelled Budgets have had a varied impact on the Isle of Man and will give trustees food for thought, says Jane Bates. Jane Bates is a Scottish solicitor in practice with Isle of Man-based Mann & Partners. A double-dose of anticipation was experienced on the Isle of Man on 17 March. At 10.30am, Richard Corkill, […]

TSD extends alliance

Titmuss Sainer Dechert has announced a three-year extension to its unique transatlantic alliance with US firm Dechert Price & Rhoads. The alliance will continue until June 2001.

Who needs to know?

Daniel Hochberg says regulating trustees obligations to beneficiaries poses a number of problems. Daniel Hochberg is a barrister at 9 Old Square. Practising trust lawyers in offshore jurisdictions should not be surprised by the English Court of Appeal’s recent observation in Armitage v Nurse (1997) that there is an irreducible core of obligations owed by […]

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