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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 […]

Recommended

Success fees set to soar

Lawyers can expect a massive hike in success fees as a result of government plans to include them in the costs paid by losing defendants, according to leading personal injury lawyer Martyn Day. Speaking at the first Institute of Barristers’ Clerks conference, held on 18 July, Day predicted the reform, which seems likely to be […]

Property

Gill McGreevy of DJ Freeman advised the Resolution Group in its £18m acquisition of four industrial estates from Lodestone Properties, advised by Robert Muir of Watson Farley & Williams.

Financing

John Forrester (right) and Ian Gaunt of Sinclair Roche & Temperley advised a group of lenders including lead arranger the Chase Manhattan Bank in a $425m financing facility for Stena Line

In brief: Shandwick PR scoops Bar Council contract

Shandwick Public Affairs has been awarded the Bar Council’s £200,000 a year PR contract, beating off competition from three rival bids including one from Westminster Strategy which has held the contract for the past nine years. Jon McLeod, who heads the Shandwick team, said it offered “no quick fix, but we are serious about rebuilding […]

Appeal against break clauses

A High Court ruling that notices given under break clauses in respect of two leased properties in Northampton were valid, is to be challenged in the Court of Appeal. The case will centre on the status of successors to tenants when it comes to using break clauses. In May last year, Mr Justice Rattee ruled […]

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