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Latest Briefings

Bulgarian pension funds: New opportunities for 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 […]

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 […]

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Financial Services: Passport control

The failure of many EU states to implement Mifid hasn’t stopped the European Commission from trying to push through the new regulations, says David Heard The Markets in Financial Instruments Directive (Mifid) has been described as one of the most significant changes in the EU financial services regulatory environment. It is already clear, however, that […]

SJ Berwin in move to address retention

SJ Berwin head of real estate Bryan Pickup is stepping down from his role as departmental chief to head the firm’s graduate recruitment and retention efforts. Pickup and corporate finance partner Laura O’Neill will jointly head the new initiative, which aims to make its graduate and trainee intake processes more inclusive and boost retention rates. […]

Financial Services: Trading flaw

It’s time for the FSA to toughen its stance on insider dealing, say Richard Lissack and Farhaz Khan The perception held by some in the 1970s that insider dealing was nothing more than ‘being something in the City’ appears astonishing in today’s terms. Indeed, even in the 1970s when insider dealing was not yet a […]

Gibson Dunn gives London first promotion for four years

Gibson Dunn & Crutcher’s London office has seen its first promotion to partnership for four years. London-based litigation lawyer, Rachel Couter, is one of the 14 firmwide promotions which will be effective as of January next year. The firm which has five offices outside the US, promoted 13 lawyers in the States. Gibson Dunn managing […]

TRIC shot

Last week (5 November), The Lawyer revealed news of Norton Rose‘s new international strategy to focus on Turkey, Russia, India and China. They are the TRIC countries, apparently, rather than the BRIC countries, which comprise the same ones, but with Brazil instead of Turkey. It’s been dubbed ‘New Horizons’, which is unfortunate. It merely adds […]

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