Swiss bankers used to have it pretty cushty. They would loaf about in sumptuous wood-panelled offices waiting for shady characters to drop off attaché cases bulging with spondulix in multiple currencies, pop it in the safe, hand over a number and light a couple of cigars to seal the deal. Providing interest on the deposit wasn’t part of the deal; all the punters wanted was discretion and confidentiality.
Now a variety of governments are tracking down their citizens’ hidden cash and the US particularity is applying thumbscrews on the chaps in the dark suits in Geneva and Zurich. Our commentators from global law firm DLA Piper assess whether the Swiss should be sweating over the voluntary bank disclosure programme between their government and Washington. Click here for more information.
When it comes to a switched-on approach to green issues, the Persian Gulf emirate of Dubai doesn’t immediately come to mind as meriting top honours on the environmentalists’ league table. After all, the sheikhs have aimed to create a mini Manhattan in the desert requiring enough air conditioning to create a carbon footprint the size of Jupiter. They also desalinate millions of gallons of water each year – with attendant ecologically disastrous ramifications – just to keep several golf courses lush for tourists. Still, the emirate’s bid to host Expo 2020 is predicated on its green credentials. Our commentator from the local office of Taylor Wessing assesses the potential business implications. Click here for more information.
Love him or loathe him, John McCririck certainly livened up British racing through his eccentric coverage on Channel 4. He predictably did not take his recent sacking lying down when television executives decided to refocus the coverage. McCririck claimed he had been targeted because of his age; the execs said his image and antics didn’t fit the new tone. They won, and our commentator from law firm Shoosmiths walks through the employment law implications. Click here for more information.
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