Latest Briefings

Results of the 2021 Canadian federal election

The Liberal Party of Canada failed to secure a majority in Parliament, but will form another minority government. Little has changed in terms of seat counts, and the composition of the House of Commons will be largely the same in Canada’s 44th Parliament as it was in the 43rd.

Payment for order flow: duty to clients

The discussion around payment for order flow (or PFOF) has been going on for some time in the UK, is nascent in the EU and rages in the US (particularly in relation to retail broking).

Q&A: Supply of goods to Saudi Arabia and GCC preferential tax treatment

Are you considering supplying goods from the Gulf Cooperation Council (GCC) to the Kingdom of Saudi Arabia? If the answer is yes, then this is a must-read to check if you qualify for GCC preferential tax treatment (including custom duty exemption), and the commercial implications you need to consider if you don’t.

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money

Stephenson Harwood proceeds with bonus payments amid pandemic

In contrast to the trend of altered bonus payments throughout the City, Stephenson Harwood has opted to proceed as normal due to strong financial results. The firm’s chief executive Eifion Morris confirmed the move on Wednesday, with employees set to receive bonuses “without delay or deferral of any part”. However, this positive development comes as […]

Gauke heads back to Macfarlanes for new role

Following his 14-year stint in Parliament, David Gauke has today re-joined Macfarlanes as its head of public policy. The former Conservative cabinet minister was previously a solicitor at the firm from 1999 to 2005 before being elected as the member of Parliament for South West Hertfordshire. Gauke’s role will be in a non-practising role and […]

chambers

Bar Council and BSB make pay cuts and furlough staff

The Bar Council has furloughed 20 per cent of its staff and made cuts to spending, as it takes measures during coronavirus. Both the Bar Council and Bar Standards Board (BSB) have implemented a pay and recruitment freeze, which means there will be a saving of £98,000 across the Bar Council and resources group, and […]

London skyline

Kirkland alumni club: Willkie secures double-partner hire in London

Willkie Farr & Gallagher has secured its long-awaited hire of two partners from Kirkland & Ellis, as they join former colleague Claire McDaid to expand its City private equity team. Gavin Gordon and David Arnold are to join Willkie in the City, following on from the firm’s hire of Dechert tax partner Jane Scobie last […]

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