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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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Rough trade?

There is little in the Office of Fair Trading (OFT) report that should come as a surprise to the bar. Although dressed up in the language of competition and market regulation, the central question posed is whether a single business structure should continue to be the sole vehicle by which barristers are able to offer […]

Real Estate and Projects

Pearl Assurance and National Provident Life invest £65m in Covent Garden Market, the offshore investment vehicle set up by Scottish Widows to hold the assets of Covent Garden Market and Piazza. Pearl Assurance and National Provident Life advised by Nabarro Nathanson (Amanda Howard). Scottish Widows advised by Freshfields Bruckhaus Deringer (David Lewis, Mark Watterson). Fujitsu […]

WAS THE METHODOLOGY FLAWED?

In much of the press coverage surrounding the Office of Fair Trading (OFT) investigation, the report itself was often presented as the opening salvo in an attack on the fat cats that, in the words of a Government source, inhabit the “cosy, insulated world” of the professions. So if this is war, what do the […]

Gaymer wins senior partner position

Simmons & Simmons has appointed head of employment Janet Gaymer to succeed Bill Knight as the firm’s senior partner. Gaymer emerged as the firm’s most popular candidate in the first ballot, after being opposed by head of corporate finance Stuart Evans and senior commercial partner Edwin Godfrey. She becomes the only female senior partner at […]

UN Value for money?

Hammond Suddards ran a short-lived campaign last year through Saatchi & Saatchi’s corporate division, Team Saatchi. The agency was appointed after being approached by the firm in autumn 1999, with a brief to raise Hammonds’ profile outside its native area of Leeds and promote its different practice skills. Team Saatchi created a branding campaign in […]

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