Latest Briefings

The economic substance requirements for Jersey partnerships

The Taxation (Partnerships – Economic Substance) (Jersey) Law 202- was lodged with the States Assembly on 18 May 2021 and, if passed, is expected to come into effect from 1 July 2021 (with a six month transition period to 1 January 2022 for partnerships established before 1 July 2021).

Tokenized copyrights: Linking an NFT to a copyright licence

In our last report on the NFT (Non-fungible tokens) self-experiment “Formulating a smart contract and minting an NFT”, we looked at what data is packed in a freshly minted NFT. In principle, it is possible to include an entire data set of an artwork (i.e. in our case the GIF) in an NFT and thus on the blockchain. We also pointed out that in our self-experiment we did not only link to the digital artwork but also attached a limited usage licence to the NFT (in the metadata; because otherwise the buyer of an NFT in general will not own any intellectual property respectively rights of exploitation or use to the artwork connected to the NFT).

Virtual Asset Service Providers become subject to registration requirements and AML/CTF obligations

On 23 April 2021, provisions of the Fifth Anti-Money Laundering Directive (5AMLD) were transposed into Irish Law by the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (CJA 2021), which amends the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (CJA 2010). Please see our recent briefing for analysis of changes introduced by 5AMLD: New Irish Anti-Money Laundering Rules.

Child maintenance: traps for the unwary

For parents, the child maintenance system can seem a vast and complicated system of ropes and pulleys for something they expect should be straightforward.

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money

Holman Fenwick Willan PEP slips by 9 per cent to £496k

Holman Fenwick Willan (HFW) has reported a a 9 per cent plunge in average profit per full equity partner (PEP) from £545,000 to £496,000, bringing it to its lowest point since 2008/09. HFW saw a reduction in its top-line figures for the first time in recent years. Its 2014/15 firmwide revenue stood at £139m, representing […]

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Simmons and Holman Fenwick named in ‘Panama Papers’ leak

Simmons & Simmons and Holman Fenwick Willan (HFW) are among a number of international law firms named in the Panama Papers document leak. The leak of millions of documents from Panama law firm Mossack Fonseca hit headlines on Sunday night (3 April) as it was revealed 12 national leaders are among 143 politicians, their families and close […]

Barristers

20 Essex Street takes Holman Fenwick commercial director for new role

20 Essex Street has hired Holman Fenwick Willan’s (HFW) commercial director James Huckle for a newly-created strategic development director post, marking a continued push towards business development at the bar. Huckle will join chambers in the New Year and work closely with co-head Duncan Matthews QC and the set’s management board to focus on growing […]

Halebury CEO: ABS’ can “flip the script” to focus on clients

Halebury CEO and founder Denise Nurse talks about the the benefits of a streamlined model and how ABS’ are bringing the focus back to clients ahead of The Lawyer’s Business Leadership Summit 2016 What is it like delivering legal services as a smaller, more agile business? It’s liberating not being confined by the overarching infrastructure […]

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