Hammonds partner profits suffer an 18% hit as loss of insurance team bites into turnover

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Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

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Cobbetts ramps up banking with double hire

Cobbetts has boosted its banking capability in Leeds with the hire of two new partners. Real estate finance expert Tracy Hall joined the firm from Eversheds’ Leeds office in April, while former Addleshaw Goddard corporate banking partner Richard Berry is set to join later this month. The hires bring the number of partners in Cobbetts’ […]

Dewey gets private equity back on track

Dewey Ballantine has poached Norton Rose corporate partner Markus Federle, who will restart its private equity push following the departure of the founder of the firm’s German practice Geza Toth. Federle, a rated corporate and private equity lawyer, has not been put on gardening leave from Norton Rose and joins Dewey’s Frankfurt office this week. […]

Ashurst to replace Freshfields on Green’s M&S bid

Ashurst is taking over Freshfields Bruckhaus Deringer’s role as Philip Green’s adviser on the bid for Marks & Spencer. The decision was made as an injunction barring Freshfields from acting for Green on the takeover due to concerns over pot… Ashurst is taking Freshfields Bruckhaus Deringer‘s place as Philip Green’s adviser on the bid for […]

Nomura looks to Wragges for new hire

Japanese investment bank Nomura has tapped Wragge & Co’s corporate team for a new addition to its asset finance group. Nick Smith, who has been a partner at Wragges for five years and with the firm for a total of 14 years, is joining Nomura in a newly created non-legal role as part of the […]

WongPartnership targets arbitration with key hire

Singapore’s WongPartnership is kick-starting its Chinese dispute resolution practice with the appointment of the former executive director of the Singapore International Arbitration Centre. Ang Yong Tong will join the firm’s fledgling Shanghai office as a partner today (1 June) and will be responsible for setting up Wong Partnership’s Chinese dispute resolution practice. WongPartnership launched a […]

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