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Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

Recommended

Davis Polk plans London expansion

Davis Polk & Wardwell, one of Wall Street’s largest US firms is expanding its London practice after it moves to new buildings in the City. The firm, which has been based in 1 Frederick’s Place for the last 12 years, will move into 99 Gresham Street in the autumn. Keith Kearney, managing partner of the […]

Feeling at home with new civil procedures

The new Civil Procedure Rules came into force on 26 April, making fundamental changes to the judicial process. The date itself has been looming ominously on the horizon for many litigators, who were anticipating chaos and wholesale changes to the way they conduct litigation. Landlord and tenant litigators experienced a particularly rocky start to the […]

In-house salaries compete head-on with private practice

Lawyers fare better financially by moving in-house than staying in private practice six years into their career, according to a new survey by recruitment consultants Garfield Robbins. Traditionally, lawyers have moved in-house as a lifestyle choice and because they want to pursue a more business-oriented role. However, salaries for in-house lawyers are escalating. In-house lawyers […]

Damages case of note

In an action heading for the Queen’s Bench Division, London Philharmonic clarinettist Robert Hill is taking the management of Glyndebourne to court in a damages claim. The claim stems from a fall he suffered during a performance. He broke his wrist in the accident just 20 minutes before a performance last May and claims it […]

Morgan Cole in plan to axe 15 partners

Newly merged Morgan Cole is considering axing up to 15 partners in an attempt to increase its profit margins. In a discussion document prepared by senior management – and seen by The Lawyer – the firm admits it will have to lay off staff if it is to raise profits per partner from an “unacceptable” […]

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