Latest Briefings

The economic substance requirements for Jersey partnerships

The Taxation (Partnerships – Economic Substance) (Jersey) Law 202- was lodged with the States Assembly on 18 May 2021 and, if passed, is expected to come into effect from 1 July 2021 (with a six month transition period to 1 January 2022 for partnerships established before 1 July 2021).

Tokenized copyrights: Linking an NFT to a copyright licence

In our last report on the NFT (Non-fungible tokens) self-experiment “Formulating a smart contract and minting an NFT”, we looked at what data is packed in a freshly minted NFT. In principle, it is possible to include an entire data set of an artwork (i.e. in our case the GIF) in an NFT and thus on the blockchain. We also pointed out that in our self-experiment we did not only link to the digital artwork but also attached a limited usage licence to the NFT (in the metadata; because otherwise the buyer of an NFT in general will not own any intellectual property respectively rights of exploitation or use to the artwork connected to the NFT).

Virtual Asset Service Providers become subject to registration requirements and AML/CTF obligations

On 23 April 2021, provisions of the Fifth Anti-Money Laundering Directive (5AMLD) were transposed into Irish Law by the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (CJA 2021), which amends the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (CJA 2010). Please see our recent briefing for analysis of changes introduced by 5AMLD: New Irish Anti-Money Laundering Rules.

Child maintenance: traps for the unwary

For parents, the child maintenance system can seem a vast and complicated system of ropes and pulleys for something they expect should be straightforward.

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Hogan Lovells pays tribute to corporate partner Richard Diffenthal

Hogan Lovells has announced that City partner Richard Diffenthal has sadly passed away. Diffenthal, who was 40, was a homegrown Hogan Lovells corporate talent, having trained at the firm before making partnership in 2016. His wealth of experience covered the full range of corporate practices, including equity capital markets, joint ventures and corporate advisory work, […]

Ashurst brings in former Deutsche Bank GC as partner

Ashurst has brought Deutsche Bank’s former general counsel Florian Drinhausen into its corporate practice in Frankfurt. Drinhausen departed Deutsche Bank last May after serving just two years as GC & chief governance officer. Before going in-house to the bank in 2014, he had been at Linklaters for 13 years, including serving as the magic circle […]

RPC launches global insurance network with five firms

RPC is expanding its global insurance offering with the launch of a network that includes six firms from different counties. As a means of providing insurer clients access to specialists around the world, Global Access Lawyers is made up of firms from Australia, Canada, France, the Netherlands, and the USA. In order of countries, the […]

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Macfarlanes tax partner quits for Kirkland

Kirkland & Ellis is replenishing its tax team with the hire of a Macfarlanes partner, two months after securing a funds recruit from the same firm. Peter Abbott is leaving Macfarlanes’ tax group after five years as a partner. He trained at Macfarlanes and was later a visiting attorney at Wachtell Lipton Rosen & Katz. […]

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