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 […]

Former CMA chair lands at DLA Piper

DLA Piper has appointed the former chair of the Competition and Markets Authority (CMA), Andrew Tyrie, as a political consultant. Tyrie joins the firm’s UK government affairs practice, where he will advise clients across a wide range of financial, public policy and corporate governance issues. The practice is led by former senior legal counsel in […]

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 […]

talent pool microscope

You have no idea how small the PE talent pool is

It can take firms years to secure a trophy private equity hire, but demand is outweighing supply across The Lawyer’s UK Corporate 50. According to data collected since 2018, 37 per cent of corporate laterals at the UK’s largest firms were PE specialists. These include Kirkland & Ellis partner Carl Bradshaw who moved to Goodwin, […]

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