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Latest Briefings

Subscription Finance Cayman Islands – Luxembourg Analysis

The Cayman Islands and Luxembourg are two of the world’s leading investment funds jurisdictions. As fund structures develop it is increasingly common to see structures that include Cayman Islands and Luxembourg vehicles. This briefing focuses on the similarities and differences between the two jurisdictions in the context of subscription credit and capital call facilities. This […]

Jersey substance proposals – the fund managers’ perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The legislation […]

Jersey substance proposals – the Banking and Finance perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The Law […]

The Equality and Human Rights Commission publishes damning review into the Grenfell Tower Fire

The Equality and Human Rights Commission has now published both its research into Grenfell residents’ access to services and support and its legal submissions to the Inquiry on the human rights implications of the fire. The Commission has also invited the Chairman to make a number of recommendations, including urgent recommendations to prevent a repetition […]

Bulgaria introduces a range of derogations from the EU GDPR

March 2019 – Bulgaria has introduced a set of specific requirements relating to the processing of personal data in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such as employment, the role of data protection […]

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Isma signs Perfect deal for on-line prospectuses

Linda Tsang reports On-line information provider Perfect Information has signed an exclusive agreement with the International Securities Market Association (Isma) to provide its users with access to over 11,000 prospectuses for international securities. Perfect users will be able to access any document, which will be displayed as an image on a PC screen. The facilities […]

Irish hit back at 'negligence culture' claims

IRISH solicitors claim they have given their business community a “bloody nose” during a media scrap over ambulance chasing allegations. The Law Society of Ireland has accused the Irish business community of fostering a “negligence culture” in an effort to counter claims that no win no fee rules are encouraging spurious compensation actions. The society […]

Scottish law snubbed by Parliament, say Lib Dems

WESTMINSTER has treated Scottish law with contempt by ignoring its uniqueness, according to the Liberal Democrat Scottish leader Jim Wallace. Speaking at a lawyers’ fringe meeting during the Liberal Democrat conference in Glasgow, Wallace said a new Scottish parliament would end 300 years of neglect of its legal system. Earlier the conference had endorsed joint […]

DTI adds its voice to India licences row

THE DEPARTMENT of Trade and Industry is calling a special meeting this week to discuss the crisis facing foreign lawyers in India. Officials will meet law firms on Friday to discuss how to ease the situation for foreign firms with offices in India. The Law Society has also been invited to attend. The move comes […]

A short lesson in history

I do not wish to open a Second Front by arguing with both The Lawyer and the Bar Council but Tulkinghorn is wrong in assuming last week that I confused the military strategies of Hitler and Stalin in the battle for Stalingrad. On 23 November 1942, General von Paulus, commander of the German Sixth Army, […]

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