Moves: Mishcon hires Clydes private client partner

Mishcon de Reya has hired Clyde & Co private client partner Martin Davies. Davies was at Clydes for six years and was also responsible for liaising with the firm’s Middle East practice. Prior to joining Clydes he was head of the international team at Howard Kennedy for a decade.

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.

Recommended

Moves: 11 July 2016

Latham & Watkins has hired Dechert partner Jeremy Trinder to its City finance department. Trinder joined Dechert in 2012 after being made up to partner at White & Case in 2010. He works on real estate finance matters, representing lenders, borrowers, investors and servicers. Latham has also hired GE Capital Real Estate in-houser Quentin Gwyer, who was executive counsel for European Debt.

Moves: KWM finance head joins Cadwalader

Move of the week Cadwalader Wickersham & Taft has hired King & Wood Mallesons’ head of Europe and Middle East finance Jeremy Cross. Cross joins the firm as a fund finance partner in the City and acts for lenders, borrowers and fund sponsors. He is expected to build out Cadwalader’s European fund finance practice and […]

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