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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

Bird & Bird launches Düsseldorf practice

Bird & Bird has launched its first German office with eight partners from the Düsseldorf office of Andersen Luther The team is led by Ander-sen CEO Wolfgang von Meibom, who joined with a team form Wessing last year. Meibom, who will be chairman of the new office, takes with him Klaus-Juergen Michaeli, Alexander Schroeder-Frerkes, Jan […]

Deals summary

Herbert Smith (Stephen Wisking, Jonathan Scott), has obtained European Commission merger clearance for Andersen’s UK merger with Deloitte & Touche. The deal, which was entered into on 9 April 2002, was cleared by the commission on 1 July 2002. Macfarlanes (Charles Meek, Stephen Drewitt) advised 3i on a £35m funding package for Partners for Finance, […]

Deals summary

Baker Botts advised Pride Offshore, a subsidiary of Pride International, on a $250m (£163m) syndicated secured revolving credit facility. Agent bank and lender Crédit Lyonnais advised by Herbert Smith (Jason Fox) and Bracewell & Paterson (Mark Evans, Richard Rice). Herbert Smith (Jane Borrows) advised Halifax Bank of Scotland (HBOS) on the restructuring of its regulatory […]

What's the damage?

With the time looming for firms to renew their professional indemnity cover, Deborah Talbot looks at three recent cases that may have an impact on how much you pay

Wet suits

Tulkinghorn is always fascinated by what those crazy types at Slaughter and May are up to. After all, it’s nothing but a rollercoaster ride of fun in Bunhill Row at the moment. So he was particularly happy to bring you the latest instalment of the saga of the pond in reception. If you recall, this […]

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