Latest Briefings

Channel Islands employment law update – July 2020

Jersey Tribunal rules HR advisers not protected by legal privilege The Jersey Employment Tribunal (the Tribunal) in David Slater v Consolidated Minerals[1] sought to consider an interesting question concerning discovery: whether HR consultants are protected by legal advice privilege, given their status as non-legally qualified advisers. In the context of a constructive unfair dismissal claim, […]

Borrowers experience speed bump in road to compliance – expanded scope of Cayman private funds law

By now most fund finance professionals would likely choose an afternoon in the dentist’s chair over a discussion about the Cayman Islands Private Funds Law, 2020. Borrowers unfortunately experienced a speed bump in the road to compliance this week with the introduction by the Cayman Islands Government of an amendment to the PF Law which significantly increases the number of entities which will need to register with the Cayman Islands Monetary Authority (CIMA) by 7 August 2020.

What are the benefits of employee engagement?

By Chris Shenton Reading Time: 5 minutes Employee engagement is the central topic here at Weekly10. Whether we’re talking about the latest employee engagement strategies, how to improve employee engagement or simply what exactly employee engagement is, it’s fair to say it is always a focus for us. Yet, we still often get asked the […]

BVI economic substance requirements 2020 update

The framework that the British Virgin Islands (“BVI”) government has created to enable BVI ‘legal entities’ to report prescribed economic substance information’ is now operational. New reporting and (in some cases) economic substance requirements now apply for BVI ‘legal entities’ that conduct certain defined ‘relevant activities’ under the Economic Substance (Companies and Limited Partnerships) Act, 2018 and the Rules on Economic Substance (together the “Economic Substance regime”).

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EU Time directive/termination payments. Sleight of handshake

The assumption that the first £30,000 of a termination payment to former employees will be tax-free is an important basic principle for both employees and employers. However, over the past year, this tax-free payment has been under threat. Admittedly, there have always been limitations to this basic principle. For example, it can only be made: […]

Markets guru raises profile of US firm in Hong Kong

New York-based international firm Milbank Tweed Hadley & McCloy has appointed Asian capital markets expert Anthony Root as a partner in its 12-strong Hong Kong office. Root, previously a founding partner at US rival Rogers & Wells’ Hong Kong office, declined to say whether or not he was headhunted for the post. He said: “I […]

Lawyers issue warning on Asylum Act

Immigration lawyers are warning that Government plans to create a new offence of employing people who do not have permission to work in the UK may mean employers will fall foul of the Race Relations Act. Section 8 of the Asylum and Immigration Act will be brought into force on the 27 January 1997, despite […]

Ashursts leads the pack for company flotation advice

Ashurst Morris Crisp is the country’s leading legal adviser to companies seeking a flotation, according to a league table produced by big six accountants KPMG. During the period from January 1993 to 30 September 1996, Ashursts advised 28 of the 500 companies that floated on the London Stock Exchange. Slaughter and May, Linklaters & Paines, […]

Lawyers to probe law on clawing back NHS costs

Lawyers will meet in Nottingham on Friday to discuss taking test cases against those who cause accidents, to ensure they pay for their victims’ National Health Service medical costs. Organised by East Anglia University Personal Injury and Medical Law Centre director Frederick Holding, the meeting of about 20 lawyers will examine whether existing legislation allows […]

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