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News & Knowledge

All Knowledge & Opinions

The protocol is breaking down

5th February 2018

This article by MSI's Illinois law member Levenfeld Pearlstein takes a closer look at how Morgan Stanley, UBS and Citigroup's exits from the 'Protocol for Broker Recruiting' is creating a more litigious environment.

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Data Protection: ICO gives record fines for breaches

1st February 2018

With the General Data Protection Regulation (GDPR) coming into force on 25 May 2018, the Information Commissioners Office (ICO) will be handed even greater powers than it has under existing data protection laws. From 25 May 2018, the ICO will be able to impose fines of 20 Million Euros or 4% of turnover (whichever is greater), compared with the £500,000 cap presently in place. MSI's Manchester law member Myerson provides further insight.

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The year of bitcoin: Gains subject to tax by the IRS

31st January 2018

The year 2017 could be described as the year of the Bitcoin and other “virtual currencies,” with Bitcoin having appreciated 1800% since the beginning of the year and Ethereum, at one point, having appreciated 8,000% since the beginning of the year. MSI's Massachusetts law member Bowditch & Dewey LLP takes a closer look at the virtual currency and its tax implications.

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Alternative jurisdictions to consider for UK non-domiciles wishing to move out of the UK

29th January 2018

If the decision is taken to cease to be UK tax resident, the jurisdictions of Cyprus, Guernsey, Isle of Man, Malta, Portugal and Switzerland are attractive jurisdictions to consider. They offer a number of advantages and are close to the UK. MSI's member firm Dixcart Management provides an overview.

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