Latest Briefings

Ireland exercises national discretions under IFD/IFR

The Investment Firms Directive EU/2019/2034 (“IFD”) and the Investment Firms Regulation EU/2019/2033 (“IFR”) (collectively the IFD/IFR regime) introduce a new dedicated prudential framework for investment firms. New classes of firm are being introduced and, as a result, most investment firms will fall outside the scope of the prudential regime that applies to banks (the CRD IV / CRR framework).

BVI trusts and private client legislative updates

The British Virgin Islands (“BVI”) have now passed, and brought into effect, significant and welcome changes to its trusts and probate legislation. This update summarises the principal features of these changes that may be of interest to private client practitioners and trustees globally.

Businesses overcoming the commercial challenges now faced worldwide require tenacity and agility

It is difficult to think of the challenges now faced across the world as anything other than unprecedented. Businesses have never had to deal with the level of disruption delivered by the Covid-19 pandemic. Working life for a large part of the workforce has radically changed. It has become quite apparent that whilst there has without a doubt been a vast improvement in the level of safety from infection, we are by no means through this complicated situation.

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White & Case

White & Case plots London office refurb in bid to stay put

White & Case has slowed down its search for new London premises, instead calling upon a property consultancy to estimate the costs of a fit-out, The Lawyer understands. The US firm is thought to be interested in staying put, after viewings of other premises went nowhere. The firm has engaged agency Gardiner & Theobald to estimate the […]

Travers Smith

Travers unveils largest promotions round in six years

Seven lawyers have been promoted to partner at Travers Smith across a range of practice areas, including dispute resolution, finance and private equity. It is the firm’s largest round since 2015, when seven lawyers also made the grade. In 2020, the firm made up five new partners. The 2021 cohort includes three lawyers in dispute […]

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