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Latest Briefings

Key changes to Bermuda funds classifications

By Sarita Ebbin The amendments were adopted under the Economic Substance Act 2018 (Substance Act) which became operational on December 31, 2018. The Substance Act has a broader mandate to address concerns raised by the European Union with respect to perceived harmful tax practices across member states as well as third countries such as Bermuda. […]

Data protection’s anniversary gift

By Richard Field, Richard Sheldon, Jennifer Rosser The Amendment Regulations came into force on 25 May 2019 and amend The Data Protection (General Provisions) (Bailiwick of Guernsey) Regulations, 2018 (the 2018 Regulations).  You’ll recall that the 2018 Regulations provided additional detail to the broad framework in the Law. Set out below is a summary of […]

Economic substance compliance deadlines draw closer in Bermuda, The British Virgin Islands and the Cayman Islands

By Cameron Adderley, Bryan Hunter, Jeffrey Kirk BERMUDA Bermuda’s Economic Substance Act 2018 (Bermuda Substance Act) and the Economic Substance Regulations 2018 (Bermuda Substance Regulations) (Bermuda ES Act) became operative on 31 December 2018. The regime became applicable immediately to new registered entities incorporated or registered after that date. For existing registered entities, there is […]

Regulatory headwinds

By David Dorgan, Sally Penrose Faced with increased scrutiny from regulators on both global and jurisdictional levels, businesses must continually assess their practices to ensure they fulfil their compliance obligations. This article outlines the key regulatory challenges which companies will face in the second half of 2019. AML/ATF The G20 met earlier this month and […]

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Slicker cities

An era of increasingly sophisticated regeneration structures is dawning to rescue inner cities from decline. Stephen Sorrell reports What do the Cornish town Redruth, Corby in the East Midlands and Barrow-in-Furness in Cumbria have in common? The answer is, in part, history. Each could be defined as being at the centre of a declining industry […]

The regeneration game

With the growth in regeneration projects, real estate lawyers are having to adapt how they work and who they work with. David Taylor reports Regeneration offers huge opportunities for real estate lawyers, but it also delivers a serious challenge to those of us schooled on traditional property development schemes – speculative ventures involving one fund […]

Maitland hit with exit on cusp of finalising merger

Maitland Chambers has been hit with a rare departure as a senior trust barrister makes a move to XXIV Old Buildings. David Brownbill is set to join his new set on 2 August. He recently acted on one of the world’s largest fraud cases, the Grupo Torras litigation, and is an attorney of the Turks […]

Latham tech expert promoted to Silicon Valley head

Latham & Watkins is ushering in a new era for its Silicon Valley office after appointing a new managing partner in the region. Ora Fisher is taking over the role as office managing partner for Silicon Valley from Peter Kerman who was recently appointed as chair of Latham’s global corporate department. Kerman has headed up […]

Exchange Chambers bags four new tenants

Liverpool’s Exchange Chambers has hired four tenants just as the set reports a 9 per cent turnover hike to £13m. Scott Redpath joins from Clifford Chance and is the first pensions barrister to join the Northern Circuit. Commercial litigator Dr Digby Jess joins from Manchester’s 8 King Street, crime barrister Rachael Woods from Manchester’s Queens […]

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