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Latest Briefings

Jersey: The Trusts Law 2018 – An insight

By Siobhan Riley, Andreas Kistler The Trusts (Amendment No. 7) (Jersey) Law 2018 (the Amendment Law), which came into force on 8 June 2018, reÊnes and further enhances Jersey’s trusts legislation, the Trusts (Jersey) Law 1984 (the Law). Since its introduction in 1984, the Law has been amended and updated periodically, the last changes having been made […]

Trust legislation in Guernsey

By Russell Clark Much of Guernsey’s economic success over the past 50 years or so has been largely due to its adaptability and flexibility to react to changing market situations and conditions. This adaptability is no better illustrated than by the island’s willingness to amend and review legislation to ensure that it retains its position within […]

Jersey lodges the draft Taxation Law 201

Jersey has lodged the draft Taxation (Companies – Economic Substance) (Jersey) Law 201- (the “Law”). The Law, once adopted, is intended to meet the commitment made by Jersey to address certain concerns raised by the EU Code of Conduct Group on Business Taxation (the “Code Group”) in relation to the need for relevant businesses to […]

Bulgaria: Companies required to register their beneficial owners by February 2019

By Gergana Roussinova Companies have until 1 February 2019 to register their beneficial owners in the Bulgarian Commercial Register and Register for Non-profit Legal Persons (the “Commercial Register“). This obligation comes as a result of the adoption of a new Law on the measures against money laundering in March this year (the “AML Law“). Who is obligated under […]

Importance of prohibition on the collateral use of disclosed documents

By Sonia Tolaney, Sandy Phipps CPR 31.22 provides that disclosed documents may be used only for the purpose of the proceedings in which they were disclosed without the consent of the disclosing party or the Court’s permission. It is well established that this rule, known as the collateral use prohibition, applies both to the disclosed documents themselves […]

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Stibbe hires Loyens tax partner for nascent Luxembourg office

Stibbe has filled in a gap in its Luxembourg office with the hire of tax partner Ayzo van Eysinga from Loyens & Loeff. The Herbert Smith alliance firm opened in Luxembourg six months ago. Van Eysinga is the third partner in the office, joining corporate specialist Dirk Leermakers and investment management partner Gérald Origer. All […]

1

Trowers promotions rise by 75 per cent

Trowers & Hamlins has increased the number of people promoted to its partnership by 75 per cent, making up seven new partners in this year’s round compared to four in 2008. Four of the new partners are based in London, with one each in Manchester, Bahrain and Abu Dhabi. The social housing group saw three […]

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BVC students favour self-employment over partnerships

More than 70 per cent of students considering a career at the bar have said they would prefer to be self-employed, according to a new survey. The survey was conducted by the Young Barristers’ Committee last month (February) in response to the Legal Services Act (LSA), which could see barristers lose their self-employed status in […]

Wolf Theiss names new Kiev head as incumbent relocates to Vienna

Wolf Theiss has appointed Taras Dumych to replace Gennady Khareyn as managing partner of its Kiev office. Dumych has been a partner at Wolf Theiss since June 2010. Before that he was a partner at Kiev firm BC Toms & Co. His main practice areas include agriculture, energy, corporate and real estate. Khareyn, who has […]

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