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The French data protection regulator, the Commission Nationale de l’Informatique et des Liberties (CNIL), has levied a fine of €50 million against technology giant Google for breaches of the GDPR.
The perception that the world’s leading offshore financial centres are harmful “tax havens” that facilitate the avoidance of tax in onshore jurisdictions has led to intense pressure for OFCs to adopt onshore-led transparency and tax intake measures.
We are pleased to announce that KLAiM, our ground-breaking virtual defence lawyer that allows clients to take more control over litigation, is being rolled out internationally and also to new lines.
We were proud to be the official gold-level global partner of this year’s Inclusion@Lloyd’s Dive In Festival. On 15 November, in conjunction with Community Business, we will be hosting an interactive workshop in our Hong Kong office, led by a diverse pool of speakers, which will be the last Dive In event of this year’s festival.
Eleven years after relocating to legally fused Bermuda, Partner in our Hamilton office Alex Potts QC shares a typical day in paradise.
Case review 09/10/2018
On 23 April 2018, judgment was handed down by the Privy Council in the long running dispute of Investec Trust (Guernsey) Limited and another v Glenalla and others. The judgment has a number of important implications in respect of trustees' limitations of liability, but also in aspects of private international law that reach beyond trustee law.
There have been recent changes for Bermuda companies in relation to the gathering and registration of beneficial ownership details and more changes are on the horizon, following a consultation on proposed amendments to the Exchange Control Regulations 1973.
A more diverse workforce brings with it better perspectives and ideas, which is crucial as we create new products and look to transform legal services for our clients.
On 31 July 2018, the Bermuda Monetary Authority published revised BSCR models and rules for commercial insurers. The amendments represent the culmination of nearly two years of consultation on and field-testing of proposed adjustments designed to bring the BSCR more closely into line with international standards.
We are pleased to announce that we have strengthened our innovation capabilities with the opening of a new business, Kennedys Kognitive Computing, and the appointment of a nine-strong development team in India.