Related briefings

Privacy Shield open for self-certification on Aug 1

On August 1 US organisations can finally begin to submit self-certification requests to the Department of Commerce under the new EU-US “Privacy Shield.” This opens a new era for the lawful transfer of personal data from the European Union westward across the Atlantic. The Commerce Department has published a practical guide, “How to Join Privacy Shield: Guide to Self-Certification,” […]

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Tax Issues around Brexit

Our European tax team recentlydelivered a breakfast seminar exploring the tax issues and challenges posed by the result of the EU Referendum. The team covered a range of issues, including: the European framework, including overview of the EU, EEA, Eurozone and other European groupings; the process of the UK’s withdrawal from the EU; and the […]

India shuts down Mauritius route

Time to rethink investment structures On May 10 the Indian government issued a press release announcing the signing of a protocol to amend the India-Mauritius tax treaty.1 As a result of these amendments, Mauritius tax residents will no longer be exempt from Indian capital gains tax on sales of shares of Indian resident companies that […]

Insurance: new assessment method for GSIIs

The International Association of Insurance Supervisors (“IAIS”) has published its updated assessment methodology for designating global systemically important insurers (“G-SIIs”) (the “Revised Methodology”). As part of the review cycle of the IAIS and following consultations in 2015 the Revised Methodology now comprises five phases and adopts absolute reference values for certain indicators. Additionally, the Revised Methodology incorporates a […]

Outlook in enforcement actions against foreign banks at the new NYDFS

By Matthew L. Biben, Courtney M. Dankworth, Eric R. Dinallo, Mary Beth Hogan, Gregory J. Lyons, David Sarratt, David G. Sewell, Harriet M. Antczak On June 15 Maria Vullo was confirmed as the new Superintendent of the New York State Department of Financial Services (“NYDFS”), solidifying the first permanent change in leadership at the agency. Since the departure last summer of […]

Latest Briefings

Considerations for listed companies in response to Covid-19

COVID-19 continues to cause unprecedented disruption to all business operations, which includes the annual corporate calendar for listed public companies when preparing and filing accounts, holding AGMs and making dividend payments to their shareholders. Below is a summary of the key considerations.

Mind the gap – How to effect a safe return to work

As the UK remains in lockdown as a result of the Coronavirus pandemic, uncertainty abounds about when a return to “normal” life can be expected. Government commentary suggests social distancing may continue for the rest of the year, raising questions about how to effect a safe return to work.


LIBOR claims set to continue

Walker Morris has reported previously on the high-profile litigation arising out of the 2012 London Interbank Offered Rate (LIBOR) manipulation scandal. In the latest development, the Court of Appeal was recently tasked to referee two conflicting High Court decisions in respect of LIBOR-linked loan or swap agreements where, in both cases, the borrowers sought to […]

Domestic double taxation relief applicable to capital gains derived by EU resident entities on disposal of shares in Spanish entities

Following the non-discrimination principle, in response to an appeal dated 25 October the Spanish Supreme Court has applied a tax credit to avoid double taxation, provided in the Corporate Income Tax Law for Spanish resident entities only, to capital gains derived by EU resident entities from the transfer of shares in Spanish entities. In the […]

DLA Piper at top of mergermarket’s global M&A legal adviser tables for fourth year

For the fourth consecutive year, DLA Piper has retained its number-one ranking globally for overall deal volume in 2013, according to mergermarket’s league tables for legal advisers. In addition, DLA Piper retained its number-one ranking in the UK and its fourth position ranking in the Americas, while the firm rose up the ranks to first […]

We’re all Scandinavian now — the countdown to shared parental leave

Last year, a significant number of Icelandic fathers used their entitlement to three months off work on 80 per cent of their salary. In Denmark, new parents can share a year of paid leave. In Sweden, shared parental leave was first introduced in 1974. Here in the UK, the government has now confirmed the framework for shared […]

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