DLA Piper rejigs restructuring team

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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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Simmons’ Bonser dies, aged 45

Simmons & Simmons’ respected energy partner Andrew Bonser has died unexpectedly aged 45. Bonser only arrived at the firm from Freshfields Bruckhaus Deringer four months ago along with colleague Patrick Wallace, also a partner. During his 21-year spell at the magic circle firm Bonser led the South East Asia project finance team. Simmons managing partner […]

4

Dewey & LeBoeuf creates ‘a role for everyone’

The management structure of Dewey & LeBoeuf has been dramatically overhauled into a complex matrix of committees with the intention of placing responsibility in the hands of the partnership. The firm has abandoned managing partner roles in its larger offices, with firmwide chairman Steve Davis splitting his time between London and New York to carry […]

Guernsey: business

Guernsey is preparing itself for an overhaul of its company law, but there is still much to be ironed out. By Paul Christopher and Gemma Campbell The first Guernsey company was formed in 1883. Since that time, the fundamental legal processes in company incorporation have remained largely unchanged. However, it is now proposed to introduce […]

Iberia

As Spain’s big companies begin to invest in places such as China, India and Central Europe, so the country’s largest firms have been forced to think internationally. Spain’s legal market used to import foreign law firms, but is now turning to exports. For example, this summer saw the launch of Uría Menéndez’s Central and Eastern […]

RSP principles win legal and banking market approval

Lawyers and bankers gave a thumbs up to the recently issued principles for retail structured products (RSPs) after two feedback meetings were held last month. Both meetings, one of which was held at Clifford Chance‘s London office, discussed how the RSP principles could be further refined in order to improve the distribution of these investment […]

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