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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RBS

Dentons and RPC settle multimillion-pound dispute over RBS restructuring group

Dentons and RPC have settled for their clients in a multimillion-pound dispute related to swap mis-selling. RPC’s client Morris Group had brought a £40m claim against the Royal Bank of Scotland (RBS) related to various instructions the bank gave to the construction company, including advising it on the purchase of financial instruments and providing lending […]

DWF reveals long-term remote working shift for admin staff

DWF has vowed to reduce its office real estate footprint, while its UK secretarial and admin functions will still be expected to work remotely most of the time once office restrictions subside. As revealed in its half-year results, DWF is looking to downsize its office space and the lease terms of a number of its […]

Baker McKenzie

Bakers extends voluntary flexible working and part-paid sabbaticals to 2021

Baker McKenzie is to extend the flexible working arrangements and sabbaticals introduced over the summer as a result of the pandemic to next year, as it has also found itself in a position to go ahead with bonus payments. The decision, which was announced by London managing partner Alex Chadwick during a recent town hall, […]

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