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Latest Briefings

Innovative new law opens Guernsey up to Artificial Intelligence

By Andrew Munro The newly enacted Electronic Transactions (Electronic Agents) (Guernsey) Ordinance, 2019, which came into force on 1st March this year, signals a turning point in law for companies using Artificial Intelligence which itself represents an area of exponential growth and critical importance for future development in many areas and sectors worldwide. This exciting […]

CSSF on mandatory notifications in a no-deal Brexit context

Following the publication of Luxembourg laws of 8 April 2019 (see our previous briefing here), the Luxembourg Financial Sector Supervisory Authority (CSSF) has issued two press releases aimed at undertakings for collective investment (UCIs) and/or their managers, and certain firms currently authorised in the United Kingdom (UK) which intend to continue their activities in Luxembourg […]

Economic substance laws: the private wealth context

By Richard Laignel  Recently as part of on-going international initiatives, a large number of international finance centres (including Jersey, Guernsey, BVI and Cayman) have passed new laws requiring companies which are tax resident in such centres and also conducting certain types of activities to demonstrate that they have an adequate level of physical substance and […]

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Amex Euro legal chief jumps ship to RSA

American Express (Amex) managing counsel for Europe, Middle East and Africa has quit after just over 18 months in the role. Mark Chambers, who joined Amex in January 2003, is leaving the group to join Royal & Sun Alliance as general counsel and group company secretary with effect from October. He is replacing Jan Miller […]

Bar Council follows trend with new office move

The Bar Council is preparing to place its training, administration and investigation arms all under one roof. Over the course of August the Council will de-camp from its three long-established offices in Bedford Row and Cursitor Street in central London and move into a single building at 289-293 High Holborn. The relocation, which will take […]

Registrar slates Baker Tilly for instruction of MBR&M

A High Court registrar has launched a searing attack on City firms’ billing rates after Baker Tilly brought in Mayer Brown Rowe & Maw (MBR&M) on the administration of Cabletel Installations. Baker Tilly, the court-appointed administrator to Cabletel, was strongly criticised by Mr Registrar Baister over costs and in particular the decision to replace Cabletel’s […]

EY Italian overhaul forces mass exodus and closures

EY Law Italy is in the final throes of a strategic review, which has seen several offices close, up to 50 lawyers depart and the realignment of key practice areas. The firm is set to close its single-partner Naples employment practice, after already winding up operations in Treviso and Genoa earlier this year. At the […]

Martineaus handed NGT Gas Metering Arrangements work

Martineau Johnson has scooped its first major instruction for National Grid Transco’s (NGT) gas business since its merger with energy group Lattice. The Birmingham firm’s energy group, led by partner Andrew Whitehead, advised NGT on the successful implementation of new gas metering arrangements for England, Scotland and Wales. The instruction was a coup for Martineaus, […]

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