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Latest Briefings

Guernsey’s Handbook on Countering Financial Crime and Terrorist Financing revised

On 12 March 2019, the Guernsey Financial Services Commission (GFSC) published the final version of the revised Handbook on Countering Financial Crime and Terrorist Financing(the Handbook). The revisions to the rules and guidance in the Handbook, together with the revised legislation (the new Schedule 3 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, […]

Activities requiring data protection impact assessment under Luxembourg law

By Anne-Gaëlle Delabye, Bertrand Géradin, Tara Kapur The Luxembourg National Data Protection Commission (Commission nationale pour la protection des données, CNPD) has published a list of processing operations which require a mandatory data protection impact assessment in accordance with article 35 of the General Data Protection Regulation (GDPR). What is a data protection impact assessment […]

New property transfer tax law

By Branimir Rajšić As of 1 January 2019, a new Property Transfer Tax Law is applicable for the transfer of property in the capital of Bosnia and Herzegovina, Sarajevo, and the entire Sarajevo Canton (published in the Official Gazette of the Sarajevo Canton no. 28/18). The new law regulates tax issues on real estate transfers, as well […]

Contribution regulation for company managers

By Branimir Rajšić Under the new Contributions Act, mandatory insurance now covers management board members, executive directors and liquidators in companies, unless they have mandatory insurance on another basis. When appointed to those functions (even when not employed), they are obliged to pay contributions on a monthly basis. This obligation includes contributions for pension insurance […]

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Eversheds partner to expand Tite & Lewis

Ernst & Young’s law firm Tite & Lewis is branching out into private equity work and hiring a partner from Eversheds in London. `Iain Young has been heading Eversheds’ sports law group as well as focusing on private equity work.`He adds a new capability to Tite & Lewis in London, which will have 10 partners […]

Needham & James woos Manby & Steward partner

Multi-office Midlands firm Needham & James has tempted an M&A partner from Manby & Steward to head its corporate team as part of its attempt to get younger partners on board. `Colin Rodrigues will handle small and medium-sized enterprises and owner-managed businesses.`Needham & James senior partner John Hughes said: “We’ve a lot of good people […]

Harvard Law School

Harvard Law School is to pay off tuition loans for graduates who take public sector jobs. Harvard law students pay £26,000 a year for tuition fees, but if a graduate takes a job in government, a non-profit organisation or academia, the law school will meet their loan repayments.

A&O raises Hong Kong profile with £1bn Swire Pacific deal

The Hong Kong office of Allen & Overy (A&O) advised joint arrangers HSBC and Morgan Stanley Dean Witter on the establishment of a $1.5bn (£1.1bn) medium term note programme for Swire Pacific.`Although the firm is already a market leader in the medium term note programme, it is trying to develop its relationship with Hong Kong […]

Chepstow

Addleshaw Booth & Co has a longstanding relationship with Chester-based Barlows, the latest listed property company to take itself private. Barlows has been trading at 23 per cent discount to net asset value.`Corporate finance partner Richard Lee was instructed by a consortium including Richard Fildes, the chairman and managing director of Barlows, and fellow executive […]

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