President Biden has signed an executive order introducing new safeguards that seek to address the concerns raised by the European Court of Justice in the Schrems II decision on transfers of personal data to the US. The UK and European Commission will now commence the next stages of their adequacy assessment processes. In this update …
In an ever more competitive world, businesses are under increasing pressure to transform the way they operate and adopt digital delivery models for their processes and services. Indeed, a successful digital transformation project can mean the difference between a business failing and one that embraces the future and realises its potential. But such projects carry …
Deals are becoming more complex as companies increasingly use mergers and acquisitions (M&A) to pursue ambitious strategic goals and new stakeholders disrupt the market. Successful M&A lawyers must be able to combine excellent legal knowledge and process management skills with in-depth business awareness to support clients in complex transactions.
The rising tide of ESG The component parts of ESG are not new. GCs and company directors have long had climate issues in mind, and the rise of social movements such as Black Lives Matter and #MeToo have given diversity a new momentum. In recent years, however, ESG has been viewed as a whole, with …
The last two years have seen enormous growth in the legal market. With reports of record profits for many firms, particularly in the top 100, equity partners have enjoyed a considerable boost to their earnings. However, the need to resource this surge in demand for legal services has created a battle for talent and a …
No director relishes learning that their company may have engaged in misconduct such that they have to decide whether to voluntarily self-report any suspicions to an enforcement agency. Directors are fiduciaries of their companies and are legally required to put the interests of the company’s stakeholders first, including decisions whether to self-report. Misconduct can come …
Risk management is a key component of corporate governance, and boards will look to their in house legal teams for advice on where the main legal risks arise.
Monaco’s attractive tax system is commonly known for the total absence of income tax and wealth tax applicable to individuals residing in Monaco (other than French nationals), as well as the full exemption of gift and inheritance tax between spouses and in direct lines, giving rise to wealth planning opportunities for high-net-worth individuals.
Digitalisation and the transformation to service-based economies allow larger parts of the workforce to perform their work from any place in the world.