Eversheds launches in Beijing with Morgan Lewis and Uria hires

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Latest Briefings

Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

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Qatar’s new Central Bank Law: key developments in banking regulation

The government of Qatar recently issued the new Central Bank Law, Law No. 13 of 2012 (the QCB Law), which came into force in January 2013. This new piece of legislation is a comprehensive overhaul of the legislation that existed previously, Law No. 33 of 2006. The Qatar Central Bank (QCB) is the primary regulator […]

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 […]

Istanbul

Edwards Wildman teams up with M&A boutique Ismen for Turkey launch

US-firm Edwards Wildman is to open an office in Istanbul through an association with Turkish M&A firm Ismen, months after the two firms worked together on a £36m deal. Los Angeles-based Ted Cominos is leading the development of the launch and will work closely with Ismentowards an office launch expected on 1 September, a date […]

index

System change

Budget tracking has become a core part of many in-housers’ roles, and delegates at our recent Portugal summit considered the hi-tech approach With price pressures hitting in-house counsel as much as private practitioners, many are looking for ways to control their budgets. The topic was one of several debated at The Lawyer’s recent General Counsel […]

Renminbi qualified foreign institutional investors (RQFII) pilot scheme expanded

The pilot scheme for RQFII was first introduced in China in December 2011, with the aim of enabling China’s financial industry to channel overseas RMB funds into the domestic market through various RMB denominated products launched in Hong Kong (such as bond-type funds and ETFs) in furtherance of the promotion of RMB internationalisation. In March […]

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