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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 […]

Recommended

The Information Commissioner Elizabeth France

The Information Commissioner Elizabeth France has hired two new lawyers for her management team to cope with the impact of the 2000 Freedom of Information Act. Former chief executive of Oldham Council Graham Smith has been appointed Deputy Commissioner. Nicholas Tyler, who has been acting legal adviser to the Information Commissioner for the past year, […]

The personnelity

As you will have noticed over the past few weeks, we live in an age of opinion polls and focus groups. It seems that the guiding principle for New Labour is to keep everyone onside and to annoy as few as possible. And while opinion remains divided about how accurate polls are, what better way […]

Shakespeares

Shakespeares, the Midlands firm, has elected head of its personal injury department Gary Christianson (left) to managing partner. He succeeds Andrew Argyle who returns to full-time fee-earning. Christianson will hold the role for three years and will continue to handle client work. He currently bills more than £1m a year.

The Bigger Picture

UCI’s passion for turing unused sites into entertainment meccas sets it apart from the rest and with a growing number of European operations, the company’s legal department is always on the lookout for support. Naomi Rovnick reports Manchester-based United Cinemas International (UCI) builds multiplex cinemas. It does not gobble up high-street cinemas in the same […]

A View from the Cayman Islands

Where precisely do the Cayman Islands stand now that the dust has settled following the Organisation for Economic Cooperation and Development (OECD) and Financial Action Task Force (FATF) supranational initiatives on tax harmonisation and anti money laundering?`The short answer is that the legislative and regulatory amendments are sympathetic and, as a result, the Cayman Islands […]

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