Latest Briefings

EU Regulator Warning on Post-Brexit Financial Services EU Access Exemptions

The European Securities and Markets Association (“ESMA”) has published a statement on reverse solicitation of clients by third country firms following Brexit and the end of the UK transition period on 31 December 2020. It has identified what it calls “questionable practices” by firms in this regard, for example, using general clauses or online pop-up “I agree” […]

Dealing with Requests for Flexible Working under Jersey and Guernsey Law

There is no doubt that enforced working from home (‘WFH’) during the early stages of the pandemic has accelerated changes in the way we work. Partly motivated by the initial response to lockdown measures, partly by a need to accommodate individual circumstances, employers and employees have had to adapt to changes in where, how and […]

UK Government Announces Changes to DAC6 Post-Brexit – Impact For Ireland

EU DAC6 – Mandatory Disclosure of Reportable Cross-Border Arrangements Directive 2018/822 (DAC6) is an EU Directive requiring EU intermediaries or taxpayers to report information on certain cross-border arrangements to their local tax authorities.  Our previous client updates in relation to DAC6 can be found on our website here1 and here2. In an unexpected move on 31 December 2020, […]

Big Tech worldwide regulation: not if, but how

We appear to have reached a global consensus that it is no longer a question of if we should regulate Big Tech but how we regulate, with a flurry of legislative proposals in Europe and legal actions in the US jostling for attention in the final weeks of 2020.

Firms told to look out for domestic abuse signs

The pandemic is making employers and employees re-assess the value of the workplace. One factor, as Business Minister Paul Scully MP has pointed out, is rarely considered: are employees being subjected to domestic abuse?

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JMW posts revenue and profit rises at half-year stage

Manchester firm JMW has increased revenue by 14 per cent and profit by 24 per cent for the first half of the 2012/13 financial year, the firm said. The firm does not disclose actual figures for the half-year period but did state that in 12 months of billing up to October 2012, turnover was £13.5m, […]

An Englishman in Red Square

Despite the best efforts of many in Russia, English law continues to be the law of choice for most transactions in the country. That fact has helped many Anglo-Saxon firms succeed in Moscow over the two decades since the fall of Communism. It’s also why Russian powerhouse Egorov Puginsky Afanasiev & Partners (EPA&P) announced last […]

Get off my land, Herbies

When Herbert Smith announced it was opening a Belfast office to aid its dispute resolution practice two years ago, it probably didn’t think it would soon be using the base for lawsuits going on purely between parties in the Australian outback. But that could almost be the reality if current plans to use the Northern […]

Magnitsky Act overcomes further hurdle in US Congress

The US House of Representatives has voted overwhelmingly in favour of the Magnitsky Act, with 365 to 43 in favour of passing the bill The vote went in favour of passing the Sergei Magnitsky Rule of Law Accountability Act of 2012 and a law to grant Russian Permanent Normal Trade Relations (PNTR), a hangover from […]

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CMS’s long-haul US journey

‘Who motivates the motivator?’ It’s a question CMS boss Duncan Weston might be asking himself this morning. After revealing today that it has been a grim six months resulting in a lack of growth for CMS, Weston might be in need of an arm around the shoulder. CMS’s hunt for a transatlantic partner has been […]

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