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Latest Briefings

Luxembourg financial sector launches online portal for Brexit notifications

By Rebecca Mace-Balebs On 2 August 2019, the Luxembourg Supervisory Authority of the Financial Sector (CSSF) published press release 19/41 in respect of the opening of its online portal, eDesk, for the purpose of mandatory notifications in the context of Brexit. In its previous press releases (19/33 and 19/34), the CSSF announced that: firms licensed […]

Serbia tops global greenfield FDI performance index

By Petar Mitrovic, Dragan Karanovic Serbia achieved the top spot at the Greenfield FDI Performance Index for 2019 – fDi Intelligence, a Financial Times data division, placed Serbia as a number one in its annual Greenfield FDI Performance Index study. The Study, which looks at inbound greenfield investment in 2018 relative to the size of […]

Drafting employment contracts

By Martin Chitty, Siobhan Bishop In this podcast we discuss drafting employment contracts, focusing on some of the tricky issues at the start and end of the employment relationship. We cover how to avoid the pitfalls with references, contract variation, termination and bad leavers clauses. Click below to read more.

Bermuda – Open for fintech business

By Chris Garrod Bermuda has a long history of being a leading jurisdiction, quick to meet the changing needs of business. From captive insurance to alternative investments, the island has welcomed innovation, with its government and the private sector successfully working together to foster thriving, but well-regulated, new markets. Blockchain and digital assets are no […]

Bermuda – Law and Practice

By Julie E. Mclean, Angela F. Atherden 1.0 Aircraft and Engine Purchase and Sale 1.1 Sales Agreements Taxes/Duties Payable Upon Execution of the Sales Agreement No taxes or duties are payable in Bermuda as a consequence of the execution of an aircraft or engine sale agreement, unless the agreement is physically executed in Bermuda and […]

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How islands drew the short Straw

Offshore centres are angry with the Home Secretary. Philip Jeune explains why. Philip Jeune is a freelance journalist. Channel Island politicians are still reeling from the news of the Home Office review of their financial laws and regulations not so much because of the review itself but rather the manner in which it was announced […]

Budget leaves islands in flux

Robert Clifford investigates how a raft of proposals announced by the Chancellor will affect the operation of offshore trusts. Robert Clifford is a partner at Theodore Goddard in Jersey. One certainty about the Chancellor, Gordon Brown’s first full Budget was that it would do no favours for the offshore islands. As expected, offshore trusts attracted […]

CPS report on hold as Mills draws up response

PUBLICATION of the long-awaited Glidewell review into the Crown Prosecution Service has been put on hold to allow Director of Public Prosecutions Dame Barbara Mills QC to respond to the report’s findings. The Lawyer understands that the retired Court of Appeal judge Sir Iain Glidewell has conceded to a request by Mills and her senior […]

Trusts may face taxing times

Double-barrelled Budgets have had a varied impact on the Isle of Man and will give trustees food for thought, says Jane Bates. Jane Bates is a Scottish solicitor in practice with Isle of Man-based Mann & Partners. A double-dose of anticipation was experienced on the Isle of Man on 17 March. At 10.30am, Richard Corkill, […]

Mathews offers LGG bittersweet symphony. Michael Mathews' speech at the Local Government Group conference was both reassuring and disturbing for members, writes Chris Fogarty

Before Law Society vice-president Michael Mathews stood up to make his after-dinner speech, his audience at the Local Government Group (LGG) conference had been anxious over the society’s plans for local government lawyers. But by the time he sat down, they were seething with anger. The audience had been expecting Mathews to address fears that […]

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