Making a success of UK-US cross-border estate planning

If an individual dies with connections to both the US and UK, tax and succession law rules will often clash. Ascertaining which rules will take priority can sometimes be complicated.

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Why competition law is important for business

This series aims to provide an initial guide to understand what competition law is and its importance to SMEs, the behaviours and business practices that are considered anticompetitive, their potential consequences, and practical tips to prevent these practices.

What does the collapse of Archegos mean for family offices?

The recent losses caused by Archegos Capital Management on Wall Street have shone what may be an unwelcome spotlight on the regulation of family offices. This has led to concerns, particularly in the United States, that new disclosure requirements may now be imposed on family offices.

Latest Briefings

Moving to the Cayman Islands

Boasting an enviable lifestyle, modern infrastructure and a highly sophisticated financial services industry and all within a short flight of Miami and other US cities, the Cayman Islands check all the boxes for individuals seeking to relocate to a tax-neutral jurisdiction. As a result, the Cayman Islands have evolved into an increasingly popular place of residence for internationally mobile “remote-workers” and high-net-worth individuals from around the world.

FCA consults on new consumer duty in retail financial markets

Following the April 2019 publication of its feedback statement on a duty of care and potential alternative approaches, the Financial Conduct Authority (FCA) is consulting until 31 July 2021 on a new Consumer Duty that would set clearer and higher expectations for firms’ standards of care towards consumers.

Tech companies: three things you should know from the 2021-22 Quebec budget

The Québec Budget 2021–2022 includes measures encouraging investment to accelerate technology adoption and strengthens several tax measures aimed at the technology sector. The three key tax measures that tech businesses and entrepreneurs should know about are discussed below.

Workplace testing and vaccinations: What employers need to know

Workplace testing has proven to be a crucial piece in the UK government’s jigsaw to get British business back on its feet. But how can businesses implement a workplace testing programme and will the vaccine roll out make a difference?

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counting money

CMS switches back to bimonthly profit payouts

CMS is switching partner profit distributions back to its traditional bi-monthly schedule after temporary changes adopted during the pandemic, The Lawyer has learned. It is understood the firm moved to quarterly distributions last year, when it found itself in a position to resume the rounds following an emergency hiatus in the early part of the […]

Fidal and Luther launch Franco-German alliance

Two of the Continent’s biggest legal players, French giant Fidal and German independent Luther, are launching an exclusive association under the umbrella of a Swiss Verein. The two firms, whose collective turnover approaches €500m, are vowing to remain independent but share resources under the Unyer brand to serve international clients with inbound European work. According […]

Nokia

Nokia to test panel firms with new scorecard system

Nokia is to assess six panel firms on their equity, inclusion and diversity (E, I&D) credentials through a new scorecard system. As part of the initiative, Nokia’s legal and compliance organisation will conduct quarterly and annual assessments of its key panel law firms. The initiative was presented to firms in March, with Eversheds Sutherland, Roschier, […]

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