Enhanced PIB module of the DFSA rulebook

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Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

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Belgian government plans to increase consumer protection

On 18 February 2013, the Belgian government approved a new package of measures (Twin Peaks II). The measures are aimed at increasing consumer protection and strengthening the powers of the Belgian financial supervisor (FSMA). The formal proposals will become publicly available at a later stage. The package includes a range of measures as outlined in […]

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Freshfields freezes associate pay as trainee salaries unchanged again

Freshfields Bruckhaus Deringer has frozen its associate pay rates following the introduction of a merit-based system, with trainee salaries kept static for the fifth year running. The news compares with figures unveiled by magic circle rivals Allen & Overy, Linklaters and Slaughter and May, which have all increased pay rates significantly. Freshfields, which moved to […]

Herbies passes round the hat

Hey you, we need to raise some money and reckon you can help us out. Send us your smackers (£200,000 will do) and we’ll sort you out a bank loan, and maybe throw in a free mag or four if you’re lucky. Hey you, we need to raise some money and reckon you can help […]

apple

Tech flight: April deals roundup

IT was the place to be in April, with Shearman involved in the sale of the ‘Chinese Twitter’ and Hogan Lovells in on the biggest corporate bond offering the world has ever seen, at Apple If there is a deals winner in April it is surely Hogan Lovells, which received a coup with its instruction […]

Gary Assim

Work Life Quiz: Gary Assim, Shoosmiths

What was your first-ever job? Butcher’s assistant. What was your worst experience as a trainee? My six months in commercial property. It’s thanks to Rosie, the partners’ PA, that I’m still a lawyer. What’s the toughest thing about your job? Inspiring young lawyers to put their clients first, be less legalistic and be more commercial. […]

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