CC, Milbank, Skadden bag prisma buyout

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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 […]

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DLA Piper lands Barclays’ £138m Tragus refinance

DLA Piper Rudnick Gray Cary has acted for longstanding client Barclays Leveraged Fina-nce on a £138m refinancing for Tragus Holdings that is set to return £27m to its investors. Banking and finance partner John Cutler led the advisory team on the new funding package after its work for the bank on the original deal in […]

Freshfields, Cleary secure Gartmore sale

Freshfields Bruckhaus Deringer and New York-based Cleary Gottlieb Steen & Hamilton were the principal advisers on Nationwide Mutual Insurance Company’s sale of fund manager Gartmore to Oxford Acquisition III, a company formed by private equity fund Hellman & Friedman. Freshfields advised Nationwide Mutual, led by London corporate partner Rob Stirling. Cleary represented Oxford Acquisition III, […]

A&O’s Middle East expansion brings in Dubai International Group work

Allen & Overy (A&O) has reaped immediate benefits from its renewed corporate focus on the Middle East, closing its first mandate after sending a senior corporate partner to Dubai. Corporate partner Pervez Akhtar has been spending the majority of his time in Dubai since 1 May, with eight corporate associates set to follow him from […]

Law Soc, Bar Council asked to relax rules

As the university lecturers’ strike spills into June, pressure on the Law Society and Bar Council to relax their stringent rules and allow students unable to graduate entry onto the LPC and BVC has stepped up a gear. The chair of the Committee of Heads of University Law Schools Professor Michael Gunn has reiterated BPP […]

The wrong type for Nabarros

Nabarros corporate partner Andrew Inkester’s clients include Spirit Group, InnSpired Group, Punch Taverns and Pubmaster Group. So ha he had a few too many when typing out his website CV? Instead of ‘acting for’, he’s typed “actomg fpr”. It looks as though Inkester’s right hand had moved one key to the right to get that […]

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