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Latest Briefings

Subscription Finance Cayman Islands – Luxembourg Analysis

The Cayman Islands and Luxembourg are two of the world’s leading investment funds jurisdictions. As fund structures develop it is increasingly common to see structures that include Cayman Islands and Luxembourg vehicles. This briefing focuses on the similarities and differences between the two jurisdictions in the context of subscription credit and capital call facilities. This […]

Jersey substance proposals – the fund managers’ perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The legislation […]

Jersey substance proposals – the Banking and Finance perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The Law […]

The Equality and Human Rights Commission publishes damning review into the Grenfell Tower Fire

The Equality and Human Rights Commission has now published both its research into Grenfell residents’ access to services and support and its legal submissions to the Inquiry on the human rights implications of the fire. The Commission has also invited the Chairman to make a number of recommendations, including urgent recommendations to prevent a repetition […]

Bulgaria introduces a range of derogations from the EU GDPR

March 2019 – Bulgaria has introduced a set of specific requirements relating to the processing of personal data in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such as employment, the role of data protection […]

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B&M Japanese alliance hikes global tax practice

The joint enterprise office of Baker & McKenzie and Japanese firm Tokyo Aoyama Aoki Law Office has appointed Kazuo Taguchi to its international tax practice. Previously director of the corporate tax division of Japan’s National Tax Administration (Nat), Taguchi will join the firm in September.Speaking about the appointment, Tokyo tax group practice leader Yukinori Watanabe […]

News in brief

A round up of stories from the UK and around the world Clifford Chance has finalised its annual figures and reviewed them upwards on original estimates. The firm’s turnover to April 2001 was £937m, up from an initial prediction of £915m. That means partners at the top of lockstep will take home £855,000, £10,000 more […]

Pinsents City office spirits work away from the regions

Pinsent Curtis Biddle’s regional offices are losing work to the firm’s London practice following the merger. Pinsents, which has just announced figures indicating growth of 12.5 per cent on the combined total of Pinsent Curtis’s and Biddle’s turnovers last year, now has more than half of its headline clients using the Londonbranch.Senior partner Julian Tonks […]

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