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Latest Briefings

Setting up an office in Bermuda

Now that you have incorporated in Bermuda or established your Bermuda trust, the next step is to set up an office on the island. There are many factors to take into account, including: Employment considerations (immigration, contracts) Employer responsibilities (payroll tax, social, insurance, pensions, health insurance) Premises and residential accommodation Moving family and household Employment […]

Walker Morris team explores opportunities in new entry-level exception sites and starters homes

By Richard Sagar, Karl Anders, Graham Whiteford, Josh Kitson Introduction This briefing note, prepared by the Walker Morris Planning Environment Team, explores the opportunities presented in the new National Planning Policy Framework (“NPPF2“). Specifically, the opportunities to obtain planning permission for new entry-level exception sites consisting of affordable housing for first-time buyers on previously unallocated […]

FCA published near-final rules amending the jurisdiction for SMEs and guarantors

By Paul Gair The FCA yesterday released its policy statement (PS18/21) on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper (CP18/31) detailing proposals for increasing […]

Walker Morris litigation specialists reviews regulator’s proposals for dealing with push payment fraud

By Louise Power, Rachel Elgar Banking & Finance Litigation specialists Louise Power and Rachel Elgar report on the Payment Systems Regulator’s (PSR) recent proposals for dealing with push payment fraud. What is push payment fraud? Payments are described as ‘push payments’ when the payer obtains the payee’s account details and instructs their bank to send (or push) […]

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Medartis completes IPO and listing on the SIX Swiss Exchange

Medartis Holding AG, a leading original equipment manufacturer (OEM) specialized in medical devices for internal surgical bone fixation, completed its initial public offering (IPO) on the SIX Swiss Exchange on 23 March 2018. Based on an opening price of CHF 54.00 the market capitalization of Medartis is CHF 633 Mio. Founded in 1997 by Dr. […]

Ogier advises on the listing of Safe Harbour Holdings on AIM

Ogier assisted Safe Harbour Holdings plc (Safe Harbour), a company with the objective of creating a global leader in the B2B distribution and/or business services sphere, with the admission and listing of its shares on AIM. Trading commenced on 15 March 2018. Safe Harbour intends to acquire a platform trading business with an enterprise value […]

Walder Wyss advises Cembra Money Bank on partnership with Lendico Schweiz AG

Cembra Money Bank (Cembra) signed a long term agreement with Lendico Schweiz AG (Lendico), a 100% subsidiary of PostFinance AG, to finance small business loans sourced via the Lendico online platform. Lendico is an SME loan marketplace active in Switzerland since the end of 2016, based in Zurich. Under the agreement, Cembra will be a […]

MoFo hunts for new London HQ as lease end looms

Morrison & Foerster (MoFo) is on the hunt for new office space in London as its lease nears its end. The firm’s European managing partner Paul Friedman said that the US firm is on the hunt for a new home in London, with its current lease due to end in two years. Its current office […]

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