A term of change

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Latest Briefings

New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

Health and safety at work in Romania: What companies need to know

Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Switzerland: Insolvency law, policy and procedure

By Daniel Hayek and Laura Oegerli Statutory framework and substantive law Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892. A number of other laws and ordinances further regulate special aspects of restructuring and insolvency proceedings, such as specific provisions according to […]

Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

FOS expansion to SMEs – near-final rules published

By Paul Gair The Financial Conduct Authority yesterday released its policy statement on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper detailing proposals for increasing […]

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Law Society rejects move for women's seat on the council

The Law Society council voted last week not to give women their own seat on the council, despite the backing of the president and the Association of Women Solicitors. The proposal, designed specifically to increase the representation of women solicitors, was defeated by 33 to 31, with the six women councillors present split equally for […]

When is charity not a charity?

Is it time to change our ideas about what is and what is not a charity? More importantly, should changes in the perceptions, goals and techniques of charities be backed by changes to the law? Probably the most famous example of an institution that is a charity in law, but not in public opinion, is […]

IT is only just beginning…

Ten years ago, barely a lawyer in the land had heard of the Internet, and the World Wide Web had not yet been invented. Today, tens of thousands of lawyers across the world use the Internet for email, while a growing number of firms are setting out their stalls on the Web in the belief […]

Progress through struggle

Back in 1987 it was not possible to give any accurate statistics as to the numbers of African, Caribbean and Asian solicitors and barristers, owing to the fact there was no ethnic monitoring in either branch of the profession. It is known, however, that minority lawyers tended to choose to become barristers rather than solicitors, […]

SIF shortfall now nearly £500m

In a desperate bid to limit the damage of a hole of almost £500m in the Solicitors Indemnity Fund (SIF), the Law Society is launching a task force to examine how it can ease the pain for law firms faced with massive hikes in contributions. In a report that shocked the the Law Society’s Council […]

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