Latest Briefings

Cayman Islands: Update on automatic exchange of information and country-by-country reporting

In this advisory, we provide a round-up of recent updates to the Cayman Islands framework for automatic exchange of information (“AEOI”) and country-by-country reporting (“CbCR”), including the new universal DITC portal, the AEOI reporting deadline extension, the authorising person and principal point of contact and the CRS compliance form.

CEE legislation tracker: Czech Republic

Banking & Finance, Capital Markets Interest-free state loans and guarantees Following the first three credit and guarantee initiatives COVID I, II and COVID Prague designed for the small and medium sized enterprises, the Ministry of Industry and Trade (“MoIT”) and the Czech-Moravian Guarantee and Development Bank (“CMGDB”) are now planning a COVID III guarantee. COVID […]

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Musical heirs

The head of a Canadian recording company believes peer-to-peer file-sharing represents the future of the music industry. But not all lawyers agree. Just when it seemed as if the long-running debate over illegal peer-to-peer (P2P) file- sharing was over and the record business had begun to make real progress in its battle to protect its […]

CC awards first Indian scholarship

Clifford Chance has awarded its first scholarship to an Indian student under a scheme introduced in February this year. The scheme offers two full scholarships to Indian advocates and solicitors to sit the Qualified Lawyers’ Transfer Test (QLTT) in Mumbai or Delhi. The scholarship covers the costs of tuition and the examination, which is around […]

UK put in the shade as US firms reveal record results

More evidence that the US is where the money is: the finalised financial results are out for the top 100 US firms, and they reflect poorly on the UK. Overall the combined gross revenue for the top 100 US firms reached $50.7bn (£28.9bn) in 2005, up 10 per cent on the previous year. This compares […]

Ethnic minority students on the up at degree level

Ethnic minority students made up almost a third of students accepted to first degree law courses last year, new figures from the Law Society reveal. The statistics, published annually, show that 29.8 per cent of students starting undergraduate law degrees for the academic year 2004 in England and Wales were from an ethnic minority. This […]

Law Soc free to pursue accountants after Lords victory

The Law Society has won a House of Lords victory which allows it to pursue its fight against an accountancy firm accused of negligence. Yesterday morning (10 May) the Lords ruled that the society is able to bring its case against Sephton & Co despite having filed the claim 14 years after the actions under […]

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