Quotes of the week

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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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Lawyers at play

Law Society office-holders enjoyed wielding the axe over 48 Society committees this week. Although they have promised to radically streamline the society, it looks as though they are still some way from achieving a truly modern paperless organisation.

Law Soc can no longer hide

Write to: The Editor, The Lawyer, 50 Poland Street, London W1V 4AX, fax 0171 578 7249, e-mail lawyer.edit@chiron.co.uk, DX44700 Soho Square. I couldn’t agree more with your leader in The Lawyer, 1 December 1998, “Law Society laundering reaction does not wash”. Congratulations on breaking this story and now tying it up with the Law Society’s […]

Sultan of Brunei dissolves Bruneian Ministry of Justice

THE Sultan of Brunei has axed the Bruneian Ministry of Justice as part of a shake-up following the collapse of the international conglomerate Amedeo, which was controlled by his brother, Prince Jefri Bolkiah. The Sultan has offered no explanation for the move, which is reported to have come as a shock to Brunei’s 70-odd legal […]

SFLA chair says no win-no fee will lead to satellite litigation

Extending conditional fees to family law will lead to endless satellite court cases trying to establish who has won or lost each case, the Chairman of Solicitors’ Family Law Association (SFLA) has warned. Chairman David Salter last week joined the widespread legal opposition to the Government’s plans, pointing out that “there will have to be […]

It has been a good week for:

Richard Pearce, head of services to the profession at the Law Society, who was acquitted of stalking a female commuter on a train. Pearce admitted that he had misread the signals from the middle-aged secretary. He thought he was getting the come-on, while she thought he was doing “disgusting things” under the newspaper on his […]

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