Guernsey introduces revised Handbook on countering financial crime and terrorist financing
On 12 November 2018 the Guernsey Financial Services Commission (GFSC) issued a revised Handbook on Countering Financial Crime and Terrorist Financing (the Handbook). Put simply, the Handbook is a statement of the standards expected by the GFSC of all ‘Specified Businesses’ in the Bailiwick. The Handbook now applies to both financial services businesses and prescribed […]
Carey Olsen Starting Point Employment Law Guide: Jersey Employment Law
Carey Olsen Starting Point Guides are intended as a general introduction and guide to different aspects of Jersey employment law. They are a summary of the most important issues that we come across…
Bermuda – the family office proposition
Bermuda has historically flown beneath the radar when it comes to promoting itself as the ideal location for the establishment of a family office. There are likely a number of reasons for this but one is that Bermuda was often chosen as a domicile for trusts or for the location of a physical family office […]
Coming to America: Jersey approves US-style LLCs
Jersey’s decision to allow the creation of limited liability companies (LLCs) will allow the island to attract more US-based clients and offer more flexibility than the current partnership status based on English law. Here, partner James Willmott and associate David Patterson examine the options. In a move aimed at catering to Jersey’s growing pan-Atlantic business, […]
Jersey – Practical Guide to Property Law
Jersey is the largest of the Channel Islands and is a self-governing British Crown Dependency with its own financial and legal systems and its own courts of law. Jersey property law is derived from a mixture of local statute and customary (common) law. Jersey’s customary law has evolved from Norman-French law and is primarily contained […]
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DWF grabs mandate on Flybmi’s collapse
Flybmi has become the latest airline to enter into administration, with the company citing Brexit uncertainty as one of the main reasons for its collapse. DWF is acting for the administrators BDO, with a team led by Leeds-based associate partner Matthew Brown. The airline cancelled all flights over the weekend with immediate effect. DWF is understood to […]
Taylor Wessing rules out merger talk as firm seals West Coast alliance
In a move that furthers the UK firm’s reach on the West Coast, Taylor Wessing has entered into a non-exclusive joint relationship agreement with California’s Wilson Sonsini Goodrich & Rosati. The relationship, which is not exclusive, means Taylor Wessing and Wilson Sonsini can support each other on life sciences and tech deals in particular. Some […]
Linklaters’ former CMO to destroy documents in swift end to injunction saga
Former Linklaters marketing head Frank Mellish has agreed to destroy documents shared between him and the firm, in relation to matters he said would expose “the ongoing struggle [the firm] has with women in the workplace”.
King & Spalding’s City revenue reaches all-time high after renewed focus on London
After identifying London and New York as key offices for expansion, King & Spalding has revealed that City turnover increased by 12 per cent to over $48m in 2018. King & Spalding’s City figures have been up and down in the last few years, with turnover rising 14 per cent over 2015 only to fall […]
Future of K&L Gates’ Warsaw office in doubt as firm enters strategic review
K&L Gates is considering closing its office in Warsaw, The Lawyer understands, mirroring similar strategic reviews held at other US firms with outposts in the CEE region. A management meeting is understood to have been set up for this week to discuss plans around a potential pull-out from the city. The firm declined to comment on the […]
The 60 second interview: The GC’s challenge is “doing more for less”
In our latest 60 second interview, Brewin Dolphin head of legal Alissa Foale talks to The Lawyer about her function’s biggest challenges, necessary skills to successfully manage change and how she thinks financial services will transform in the coming years ahead of her session at this year’s In-house Financial Services conference. How do you think […]