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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 […]

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Pressure mounts to ease Dutch MDP rules

ERNST & Young has joined Price Waterhouse and Arthur Anderson in trying to set up multidisciplinary practices in the Netherlands. Moret Ernst & Young Tax Advisors, the largest firm of tax advisers in the Netherlands, has drawn up a contract to share profits and losses in what it calls a “strategic alliance” with Eindhoven and […]

New hope for officers after Hillsborough

Police officers who lost a damages claim for post traumatic stress syndrome contracted as a result of their involvement in the Hillsborough football disaster are hoping to benefit from last week’s out-of-court damages settlement awarded to other officers who were at the incident. Simon Allen, a partner in Russell Jones & Walker, the firm acting […]

Thumbs up for African court

The International Bar Association has agreed to back the formation of an African Court of Human Rights, to act where African state courts have failed. Nutifafa Kuenyehia, past-president of the Ghanian Bar Association, who proposed the motion at the IBA Council’s Madrid meeting on 1 June, said: “The idea for this court came from law […]

Mears asks Bogan to stand down Richard Wachman

Law Society president Martin Mears has made a dramatic eleventh-hour plea to presidential challenger Tony Bogan to reconsider his decision to stand for election. Mears told Bogan, a former political ally, he risked splitting the reformist vote and “allowing the Old Guard back to power via the back door”. Next month’s presidential election will be […]

A question of scale

Charity administration has undergone massive changes during the past few decades and this has raised questions about the role of the charity trustee. For example, should the trustee be paid for work which is, by definition, of benefit to the community? Whereas trustees would have been heavily involved in the management and implementation of policy […]

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