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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City firms pile in as Arcadia declines Mike Ashley’s loan offer

Update: Deloitte was appointed as administrators on Monday evening, with Freshfields and Brown Rudnick both set to advise on the next steps. Arcadia has declined a £50m lifeline loan from Frasers Group, as Philip Green’s retail empire – advised by Freshfields Bruckhaus Deringer – continues crunch talks over its future. Freshfields’ restructuring partners Neil Golding […]

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Want to become a corporate partner quickly? Here’s how

Kirkland & Ellis is well known for promoting its new corporate talent to partner at around six years post-qualification experience (PQE), but a handful of other firms in The Lawyer‘s UK Corporate 50 are not far behind. According to research conducted on the largest set of promotions over the past five years, Slaughter and May […]

EY

EY calls in advisers ahead of potential action over NMC Health

Ahead of a potential lawsuit from the administrators of NMC Health, Ernst & Young (EY) has called on the expertise of RPC, The Lawyer can reveal. The litigation specialist has been handed the mandate by the Big Four accountancy giant, which is looking to shore up its legal defence after Alvarez & Marsal informed creditors […]

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