Covid-19: Duties of Guernsey directors

As companies continue to adjust to operating under the various regimes put in place by both the States of Guernsey and governments globally in response to the COVID-19 pandemic, and even now look forward to how and when restrictions may be eased, the Guernsey Financial Services Commission (the GFSC) has issued guidance on matters they believe directors should give particular regard to when undertaking their role.

Related briefings

Channel Islands Funds Quarterly Update: Q2 2020

Contents: 1 Developments in the Channel Islands 1.1 Mandatory Disclosure Rules 2 Jersey developments 2.1 Deadline for submission of JPF annual compliance return extended 2.2 Outsourcing Notifications to be submitted online 2.3 JFSC consultation on changes to fund fee rates 2.4 JFSC Annual Report 2019 published 2.5 Migration of foreign limited partnerships into Jersey 2.6 […]

Cayman Islands private funds law – expanded scope

The Cayman Islands Government has approved an important amendment to the Private Funds Law 2020 (PF Law) that will increase the number and categories of closed-ended Cayman investment vehicles required to register with the Cayman Islands Monetary Authority (CIMA).

Rise in venture capital-backed tech in response to pandemic

The COVID-19 pandemic has destabilised global markets. However, the crisis has encouraged swift adaptations in all walks of life and the development of innovative living and working patterns as a result of lockdowns around the world.

Technology in legal transactions

The COVID-19 pandemic and the resultant lockdown have thrown into sharp relief the benefits of a robust IT infrastructure and the ability to work flexibly to provide smooth client services in times which are anything but ordinary. In this article, partner James Fox looks at the technology being used to support clients.

European Parliament adopts the Taxonomy Regulation

Another milestone on the EU’s path to achieving the goal of a climate neutral union was reached on 18 June 2020, as the EU Parliament adopted new legislation on sustainable investments, one of the key features of the European Commission’s action plan on sustainable finance in the domain of capital markets (including the ESG Disclosure Regulation and the ESG Benchmarks Regulation.

Latest Briefings

Pubs, bars and restaurants using apps – managing Covid-19 restrictions

Covid-19 restrictions on the leisure, food & drink sector were relaxed in England on the 4 July, with other nations in the UK on differing timetables, and businesses are turning to app-based solutions to aida transition back to some form of normality. This briefing covers considerations for procuring and deploying mobile apps to manage Covid-19 restrictions.

Government announces £80m investment to cut emissions from homes and industry

As part of its decarbonisation agenda the Government has announced that it will invest nearly £80 million towards reducing carbon emissions across homes and energy intensive businesses. The announcement forms part of wider efforts to ensure the UK meets its legally binding target to reach net zero emissions by 2050.

Angola: Mergers & Acquisitions 2020

Susana Almeida Brandão (Managing Associate) and Vanusa Gomes (Managing Associate of ASP Advogados – VdA Legal Partners member in Angola) write a chapter for ICLG Mergers & Acquisitons 2020, an international guide that compares legislation from around the world. The lawyers write the Angola chapter where they explain and develop the country’s mergers and acquisitions […]

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Legal roles axed as Uber reveals further job losses

Uber’s in-house legal team in the US has been affected by the ride-hailing company’s decision to cut 3,000 roles overall this week, as it faces a drop in user demand amid the Covid-19 crisis. The Lawyer understands that about 17 per cent of Uber’s US legal team headcount has been laid off, including attorneys, claims […]

Four firms secure places on Lombard International’s inaugural panel

Wealth solutions provider Lombard International has finalised its panel process, with two magic circle firms making it onto the roster. Baker McKenzie, DLA Piper, Linklaters and Allen & Overy have all landed places on the panel, which will be overseen by Lombard’s general counsel Monica Risam. She joined Lombard from Aviva at the start of 2018, […]

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