Consumers should not have to pay to claim prizes
On 18 October 2012, the Court of Justice of the European Union (CJEU), in the case of Purely Creative and Others v Office of Fair Trading, issued a judgment clarifying the interpretation of the Unfair Consumer Practices Directive (2005/29/EC).
Although the legal scope of the directive does not extend beyond the European Union (and so does not apply to the Isle of Man), Isle of Man-based promoters should still take the CJEU’s judgment into consideration when considering good practice.
The directive is intended to clarify consumers’ rights and to simplify cross-border trade by harmonising the legislation across the European Union that prevents business practices that are unfair to consumers…
If you are registered and logged in to the site, click on the link below to read the rest of the Appleby briefing. If not, please register or sign in with your details below.
News from Appleby
News from The Lawyer
Briefings from Appleby
Financial institutions in Bermuda will soon be obliged to provide information to foreign tax authorities relating to the financial affairs of US and UK resident clients.
The offshore jurisdictions are thought to be secretive, with banking secrecy being an important part of what those jurisdictions offer to businesses and individuals who use them.
Analysis from The Lawyer
The past quarter has been busy for the offshore sector as firms have looked to capitalise on globalisation, while workflow has remained high
Business is booming in the Isle of Man, a small jurisdiction that thinks big