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Latest Briefings

Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

Recommended

Offshore: Channel Islands

On 1 July the EU directive on the taxation of savings income will come into force. It will also become effective in the Channel Islands via agreements with individual countries within the EU. The directive allows three member states to adopt withholding tax for a transitional period, while the other 22 member states will adopt […]

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Bristol Uni kicks off Innocence Project to balance Govt stance

“It’s perhaps the biggest miscarriage of justice in today’s system when the guilty walk away unpunished,” said the Prime Minister Tony Blair in June 2002. Dr Michael Naughton, of the School of Law at the University of Bristol, is reminded of that comment as he describes the reasons for setting up the Bristol Innocence Project. […]

FFW hikes profit by a fifth after policy shift

Field Fisher Waterhouse (FFW) has boosted its profit by a massive 19 per cent, from £325,000 last year to £390,000, following a comprehensive strategy overhaul. The firm has smashed its budget: top of equity has soared past the £600,000 barrier, which is more than £100,000 up on projections. “This is genuine growth and isn’t a […]

Simmons boosts Italy with A&O raid

Simmons & Simmons is continuing to resurrect its Italian operation with the hire of Allen & Overy (A&O) partner Andrea Cristaudi. Cristaudi specialises in corporate finance, capital markets transactions and financial services regulation. He has advised a range of Italian and foreign banks, including Banca IMI, Banca Intesa, MCC and Société Générale, on corporate transactional work, […]

Letter

Your article ‘OFT forced to pay costs on Pernod’s Bacardi row’ (9 May) contained errors, including: The Office of Fair Trading (OFT) was not ordered to pay the bulk or 75 per cent of Pernod’s costs. Only on the issue of admissibility was the order for 75 per cent. In total the OFT was only […]

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