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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Mills & Reeve dishes out reduced partner distributions

Mills & Reeve is the latest top 50 firm to begin relaxing tough financial measures introduced in the wake of the pandemic with the firm paying out reduced profit distributions. Managing partner Claire Clarke said the economic outlook had improved since lockdown was first introduced in March although uncertainty still clouds the market. “As you […]

Black History Month: Keating Chambers’ Krista Lee QC

There may not have been any doctors or lawyers among the people I grew up with, but everyone I admired shared a sense of public duty and its rewards. Many first-generation Britons will share my experience of helping older family members navigate the unfamiliar systems that surround them. I may have been a quiet child, […]

HSBC and Monzo fill interim legal chief roles

HSBC and Monzo have brought in senior temporary replacements to fill the shoes of their departing legal heads. HSBC has brought in a replacement through Allen & Overy’s flexible resourcing platform Peerpoint while it looks for a permanent new M&A associate general counsel following the exit of Graham Kirk to British defence company Cobham. The […]

Clydes trims business services headcount in Middle East

Clyde & Co has been making cuts to business services positions in the Middle East since May, it has emerged. The firm’s offices in the regions have seen a total of around 10 departures across business support teams as a result of the Covid-19 fallout. The departures happened across the firm’s offices in Abu Dhabi, […]

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