Flotations

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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 […]

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Financings

Ashurst Morris Crisp acted for Hoare Govett Corporate Finance in the private placing by Axis Genetics of £5 million worth of shares to fund further research and development. Axis was represented by Garrett & Co.

Thompsons strikes deal with trade union Unison

Thompsons has won the bulk of outside legal work from the UK’s largest union, under a recent agreement with Unison. Partner Tom Jones revealed that Unison, the public service union, has agreed to refer all its legal business outside London to Thompsons – London work will be referred to OH Parsons & Partners. The agreement […]

Power scheme finished at eleventh hour

Three City firms are celebrating winning a race against time to finish a $467m gas power financing project which could have been scuppered by an imminent Turkish Supreme Court decision. The non-retrospective ruling, which is due in the next few days, could still affect other infrastructure projects, together worth billions of pounds, which City firms […]

Roscoe takes chair at London criminal solicitors association

Robert Roscoe, partner at Victor Lissack & Roscoe and the chair of the Law Society criminal law committee, was elected president of the London Criminal Courts Solicitors’ Association last week. Roscoe had been acting president since May, following the appointment of Robert Winstanley as a circuit judge. He said that the association, which now has […]

Focus on fax

Hexar, a supplier of network fax and messaging systems, is holding a “Future of the fax in the legal profession” seminar. The free event, aimed at telecommunication managers, IT managers and senior partners, will look at the impact of computer technology on fax systems. Speakers will include Mike Shore, telecommunications manager at Herbert Smith and […]

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