Latest Briefings

Channel Islands employment law update – July 2020

Jersey Tribunal rules HR advisers not protected by legal privilege The Jersey Employment Tribunal (the Tribunal) in David Slater v Consolidated Minerals[1] sought to consider an interesting question concerning discovery: whether HR consultants are protected by legal advice privilege, given their status as non-legally qualified advisers. In the context of a constructive unfair dismissal claim, […]

Borrowers experience speed bump in road to compliance – expanded scope of Cayman private funds law

By now most fund finance professionals would likely choose an afternoon in the dentist’s chair over a discussion about the Cayman Islands Private Funds Law, 2020. Borrowers unfortunately experienced a speed bump in the road to compliance this week with the introduction by the Cayman Islands Government of an amendment to the PF Law which significantly increases the number of entities which will need to register with the Cayman Islands Monetary Authority (CIMA) by 7 August 2020.

What are the benefits of employee engagement?

By Chris Shenton Reading Time: 5 minutes Employee engagement is the central topic here at Weekly10. Whether we’re talking about the latest employee engagement strategies, how to improve employee engagement or simply what exactly employee engagement is, it’s fair to say it is always a focus for us. Yet, we still often get asked the […]

BVI economic substance requirements 2020 update

The framework that the British Virgin Islands (“BVI”) government has created to enable BVI ‘legal entities’ to report prescribed economic substance information’ is now operational. New reporting and (in some cases) economic substance requirements now apply for BVI ‘legal entities’ that conduct certain defined ‘relevant activities’ under the Economic Substance (Companies and Limited Partnerships) Act, 2018 and the Rules on Economic Substance (together the “Economic Substance regime”).

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New body, new regime

A new regulatory body is to police Jersey’s finance industry. Richard Syvret explains how it will work. Richard Syvret is director of Jersey’s Financial Services Department. Over the past 40 years, Jersey has become a leading international finance centre. Trustees, custodians, administrators, accountants and lawyers make up some of the 10,000 professionals employed by the […]

The Lawyer Inquiry: Matthew Martin

Matthew Martin was born in 1966 in Hertfordshire. He works for Manches & Co as a corporate finance solicitor. What was your first job? Slating the roof of Kim Wilde’s barn. What was your first ever salary as a lawyer? £15,000. What would you have done if you hadn’t become a lawyer? Played right back […]

In brief: Herbert Smith appoints nine partners

Herbert Smith has appointed nine new partners with effect from 1 April. Pictured from left to right are the seven based in the firm’s London office: Carol Shutkever, corporate; Alan Watts, commercial litigation; Bradley Phillips, tax; Andrew Lidbetter, commercial litigation and public law; Ben Ward, corporate; Sophie Quayle, planning; and Chris De Pury, commercial property. […]

Duty solicitor scheme set for shake-up in LAB review

Firms without legal aid franchises may be excluded from undertaking duty solicitor police station work as part of a major shake-up of the scheme planned for the summer. The Legal Aid Board (LAB) is to embark on a three-month review of the scheme this week in response to claims from firms with criminal law franchises […]

In brief: Law Soc spending under fire from TSG

The Trainee Solicitors Group has called on the Law Society to freeze this year’s proposed increase to their Law Society contributions until it can account for how £1.2m of the £2.2m trainee solicitors contributed last year was spent. According to the group, the society’s accounts show that under half the money their members paid to […]

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