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Offshore trusts are opaque and unfamiliar to many practitioners but they need not be impenetrable, says Peter McMaster

Legislation is needed to encourage the growth of credit unions, says Dr Nicholas Ryder

Two recent cases clarify when communications are properly without prejudice, says Joanna Ludlam

Disclosure of confidential banking data based on suspicion of fraud will have a detrimental effect on the finance industry, says Sam Nafissi

In brief

In brief

Treasury officials say they will include a more workable definition of “beneficial ownership” in the draft money laundering regulations, following a sustained lobbying campaign by the Law Society.

A market study into personal current accounts has been launched by the Office of Fair Trading (OFT) as part of its in-depth study into retail bank pricing announced by the OFT in March 2007.

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MOVERS & SHAKERS

Jurit LLP—Caroline Williams

Jurit LLP—Caroline Williams

Private wealth and tax team welcomes cross-border specialist as consultant

Freeths—Michelle Kirkland Elias

Freeths—Michelle Kirkland Elias

International hospitality and leisure specialist joins corporate team as partner

Flint Bishop—Deborah Niven

Flint Bishop—Deborah Niven

Firm appoints head of intellectual property to drive northern growth

NEWS
Talk of a reserved ‘Welsh seat’ on the Supreme Court is misplaced. In NLJ this week, Professor Graham Zellick KC explains that the Constitutional Reform Act treats ‘England and Wales’ as one jurisdiction, with no statutory Welsh slot
The government’s plan to curb jury trials has sparked ‘jury furore’. Writing in NLJ this week, David Locke, partner at Hill Dickinson, says the rationale is ‘grossly inadequate’
A year after the $1.5bn Bybit heist, crypto fraud is booming—but so is recovery. Writing in NLJ this week, Neil Holloway, founder and CEO of M2 Recovery, warns that scams hit at least $14bn in 2025, fuelled by ‘pig butchering’ cons and AI deepfakes
After Woodcock confirmed no general duty to warn, debate turns to the criminal law. Writing in NLJ this week, Charles Davey of The Barrister Group urges revival of misprision or a modern equivalent
Family courts are tightening control of expert evidence. Writing in NLJ this week, Dr Chris Pamplin says there is ‘no automatic right’ to call experts; attendance must be ‘necessary in the interests of justice’ under FPR Pt 25
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