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Latest Briefings

European Court of Justice voids European Commission’s decision to grant state aid authorisation for the UK’s capacity market scheme

By Maria Connolly The ECJ found that the Commission had granted approval in 2014 after just a month long preliminary examination and had failed to take full account of objections raised. The Commission must now undertake a full investigation of the scheme before granting state aid approval.  It may emerge that changes to the scheme […]

Bulgarian pension funds: New opportunities to banks to enter into repo transactions and derivatives

By Tsvetan Krumov The amendments provide new business opportunities to banks to enter into repo transactions and derivatives with Bulgarian pension funds. There are various types of private social security funds under Bulgarian law depending on the social security risks they cover. However, as the regime for derivatives and repo transactions is identical for all […]

Amsterdam District Court: Museum Map Foundation must provide data to tax authorities on museum visits

By Anke Holtland Yesterday, the Amsterdam District Court ruled in summary proceedings that the Museum Map Foundation must provide data to the tax authorities on museum visits by one specific museum card holder. What was going on? The Tax and Customs Administration demanded the information about museum visits from one specific museum card holder for the period 2014 to […]

Dutch Ministry of Economic Affairs and Climate and the Flanders Department of Economics, Science and Innovation enter into a MoU on personalised medicine

By Joost Dibbits On 5 November 2018, the Dutch Ministry of Economic Affairs and Climate and the Flanders Department of Economics, Science and Innovation entered into a memorandum of understanding (MoU) on personalised medicine. The parties to the memorandum refer to the definition of personalised medicine used by the Council of the EU (2015/C 421/03): […]

Rules and weightings for 4th Dutch Offshore Wind tender (HKZ III&IV)

By Roland de Vlam, Redmar Damsma With the tender for the Hollandse Kust Zuid III & IV offshore wind sites in Q1 2019 rapidly approaching, potential contesters and other interested parties are awaiting the publication of the definitive version of the Ministerial Regulation holding the rules and weightings related to the tender procedure and criteria […]

Recommended

Moderate TV?

When Clyde & Co held its seminar in the Middle East there was an unexpected attendant. Apparently music television channel MTV turned up to find out what was going on in Dubai. Tulkinghorn has heard that the channel is scoping out the opportunities of opening up in the Emirates. So what was the burning issue […]

Scotland – the rave

It appears there’s a bit of a legal ‘love-in’ going on since Baroness Scotland was appointed attorney general. Scotland, who was a founding member and former head of chambers of 1 Gray’s Inn Square, has received accolades from across the legal profession. Phrases such as ‘talented’, ‘sharp-minded’, ‘a pleasing choice’ and even ‘a great gal’ […]

BBC’s legal director promoted to worldwide COO position

The BBC’s director of business and legal affairs Sarah Cooper has been promoted to chief operating officer (COO) at BBC Worldwide. The role, which is newly created, will see Cooper become directly responsible for all of BBC Worldwide’s corporate operations, including legal and business affairs, talent accounting and corporate governance. Cooper’s former position as director […]

Linklaters’ stunning returns put CC’s crown within reach

Linklaters’ stunning returns put CC’s crown within reach” />Clifford Chance must be looking over its shoulder after arch-rival Linklaters’ revenue broke the billion-pound mark for the first time. Turnover at the UK’s second-largest firm now lags just £73m behind Clifford Chance’s. Linklaters’ fee income stands at £1.12bn, up from £935m, compared with Clifford Chance’s £1.19bn, […]

SRA to review rules on confidentiality

The Solicitors Regulation Authority (SRA) is considering updating its confidentiality code of conduct following a hard-hitting market abuse study from the Financial Services Authority (FSA). Last week (2 July) the FSA published the results of its insider dealing investigation, which scrutinised all parties involved in four major corporate deals to see how controls on sensitive […]

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