Latest Briefings

Individual accountability moves closer – what will it mean for me?

Individual accountability in the regulated financial services sector moved a step closer with this week’s publication of the heads of bill of the Central Bank (Individual Accountability Framework) Bill 2021. We now have much greater visibility of the additional obligations that will be imposed on firms and individuals under the individual accountability framework.

Space: Amendment to the Regional Regime of Space Activities – Regional Legislative Decree No. 24/2021/A

The first amendment to the licensing regime for space activities provided that “the use of infrastructure and platforms, which integrate the development of space activities in the Region, is exercised exclusively by an administrative concession contract to be concluded with the Regional Government of the Azores, in compliance with the respective applicable legal procedure”.

Costs orders in financial remedy proceedings

Parties in financial remedy proceedings on divorce need to be alive to the implications that their behaviour may have on their final settlement by way of costs orders.

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Clifford Chance votes on further lockstep reform

Clifford Chance‘s partnership has voted on a proposal to alter the firm’s lockstep system, The Lawyer has learnt, the first such reform to be agreed in years. Sources said the firm is likely to double the number of points included in its lockstep. In the past few weeks, the partnership has accepted to extend the […]

4 New Square struck by ransomware attack

One of the City’s leading sets of commercial chambers is reassuring clients after it fell victim to a cybersecurity incident, The Lawyer can reveal. The ransomware attack, which targeted 4 New Square, affected roughly six per cent of the set’s instructing solicitors over the past five years, although its members were able to continue working […]

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