Health Alert — 13 May 2013

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Latest Briefings

Drone usage and the law

By Jane Weaver, Martin McKeague It is likely that, in the run-up to this Christmas, perhaps more online shopping will have been done than at any time ever before. Amid news stories about traffic congestion being caused by the growing numbers of delivery vans on our roads, and as technological innovations develop apace, retailers may be increasingly […]

Portugal: An introduction to Energy & Natural Resources

By Rui Amendoeira, Miguel Soares Branco In 2016, Portugal ran for four days straight on renewable energy alone. Recent investments in renewable energies mean that currently Portugal runs approximately 60 per cent on renewable energy all year round. Without relevant oil and gas developments, this European country represents the modern approach to the energy sector with […]

Channel Islands funds quarterly legal and regulatory update: Q4 2018

Jersey Developments Value of regulated funds in Jersey hits record high Figures released by the Jersey Financial Services Commission (JFSC) for Q3/2018 and reported by Jersey Finance, showed that the net asset value of regulated funds under administration in Jersey grew 14% year-on-year to stand at £301.7bn. Ogier’s commentary on this very encouraging news can […]

Serbia: The registration of Ultimate Beneficial Owners

As of 31 December 2018, the Central Registry of Ultimate Beneficial Owners was established within the Serbian Business Registers Agency (the “Registry”), in line with the Law on Ultimate Beneficial Owners (“Official Gazette of the RoS no. 41/2018). In addition, the Ministry of Economy issued guidelines which provide more information on the implementation of certain aspects of this Law […]

2019 Planning predictions

2019 is likely to be an unpredictable and turbulent year in the UK and abroad, and few will be confident enough to predict whether Great Britain and Northern Ireland will leave the European Union in March; whether we will enjoy a heatwave in the Summer; or what the nation will watch now that Big Brother […]

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Margin requirements for non-centrally cleared derivatives

In February 2013, the Basel Committee on Banking Supervision (BCBS) and the International Organisation of Securities Commissions (IOSCO) published a second consultative document on margin requirements for non-centrally cleared derivatives, setting out proposals aimed at (i) reducing systemic risk and (ii) promoting the central clearing of derivatives transactions. The consultation closed for comment on 15 […]

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Farrers and Olswang confirm redundancies

Farrer & Co and Olswang have both confirmed the results of redundancy consultations begun earlier this year, laying off fewer people than originally feared. The two firms began redundancy consultations in January. Farrers said it was in talks with 12 staff, including one fee-earner (16 January 2013) while Olswang held a redundancy consultation with six […]

FCA publishes policy statement PS 13/1 on platform service providers and rebate payments

Following the Financial Services Authority’s (FSA) June 2012 consultation paper, the Financial Conduct Authority (FCA), assuming responsibility for publishing the rules from its predecessor, has published its policy statement addressing payments from product providers, such as fund managers, to platform service providers and consumers. In summary, platform services must be funded using charges disclosed to […]

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