Clifford Chance in ‘doing ok in New York’ shocker

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Latest Briefings

Amendments to the Hungarian Data Protection Act

By Dorottya Gindl The Hungarian Parliament has recently adopted legislation with the aim of harmonising the national data protection rules with the rules of the GDPR, and supplementing the national rules in areas not regulated by the GDPR. The Parliament adopted Act XXXVIII of 2018 (“Amendment“) in an extraordinary session and the new regulations entered […]

Changes to Entrepreneurs’ Relief: What do you need to know?

By Mark Braude A significant and welcome change to the Entrepreneurs’ Relief (ER) rules was announced in the Finance Bill 2019 last month. It is aimed at shareholders who would otherwise lose their entitlement to ER as a result of being diluted below the 5% required shareholding…

FCA publishes evaluation of Guaranteed Asset Protection intervention

By Alanna Tregear The Financial Conduct Authority (the FCA) said, as part of its 2018/2019 Business Plan, it wished to investigate the effectiveness and impact of its interventions into certain markets and industries. The FCA intends to conduct three pilot evaluations, the first being an evaluation of the FCA’s September 2015 intervention into GAP insurance. […]

Asset management and investment funds update

On 30 July 2018, ESMA published its final report following its peer review of the compliance and supervisory framework of six national competent authorities (NCAs) with aspects of the UCITS framework for Efficient Portfolio Management (EPM). The review covered the NCAs for Ireland, the UK, Luxembourg, Germany, France and Estonia and was limited to assessment […]

Employers: Capability procedures explained

By Michael Briggs This month, in our Breaking Down the Handbook series, we look at capability policies and why they are a useful tool for employers to have when it comes to dealing with poor performance…

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CC receives post-audit profit boost

Clifford Chance has announced its audited results for the financial year 2005-06 which have adjusted its preliminary profit figures upwards. Average profit per equity partner (PEP), reported earlier this year as £810,000, now comes in at £814,000. This represents a 25 per cent rise from the previous PEP figure of £615,000. The revenue figure has […]

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SJ Berwin turns on the charm in India campaign

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Regulatory roundup

In an unprecedented move, the Court of First Instance overturned the European Commission’s decision to clear the merger between Bertelsmann Music Group (BMG) and Sony Music. The surprise decision, announced in July, was the first time clearance by the Commission has been reversed by the Court of First Instance. The move followed an application by […]

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