Challenger international

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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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A View from Jersey

The Channel Islands of Jersey and Guernsey, with a track record of more than 30 years as reputable finance centres, were included on a list of harmful tax regimes produced by the OECD, alongside less regulated offshore jurisdictions, such as those in the Caribbean. It may seem a paradox, therefore, that while centres such as […]

Weil Gotshal Frankfurt wins four partners

US firm Weil Gotshal & Manges‘ Frankfurt office has recruited one of Germany’s most prominent private equity rainmakers from German firm Beiten Burkhardt Mittl & Wegener. Gerhard Schmidt, who resigned from Beiten Burkhardt last Tuesday, will take fellow corporate partners Heiner Drüke, Stephan Grauke and Uwe Hartmann with him . Schmidt is one of the […]

Sex lines, MPs and barristers

Speaking of lawyers in the news, does anyone remember a certain Mr Jerry Hayes? Hayes is the former MP for Harlow, star of a late-night TV show with that lovely man James Whale, as well as hosting a sex phone-in. Hayes is also a barrister (kinky sex and barristers – for some reason that sounds […]

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