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Investment management, succession planning, philanthropy: the diverse functions of the family office

Wealth is increasing exponentially among some of the world’s richest families, to the extent that, for many of these families, it makes commercial sense to have their own bespoke family office which looks after key operations and functions of the family. These services might include investment management, property management, day to day accounting and payroll […]

The limits of audit: public perceptions and legal realities

By Oliver Passmore, Alex Horsbrugh-Porter Patisserie Valerie Patisserie Valerie entered into administration at the start of this year following the discovery of fraud within the company. It is thought that inflated profit margins and sale figures and thousands of false entries in the company’s ledgers caused the company’s accounts to be overstated by approximately £94m. […]

Spotlight on Uzbekistan: Kinstellar’s regular look at the Uzbek market

By Joel Benjamin, Muborak Kambarova New Law on Tourism On 18 July 2019, the President of Uzbekistan signed a new Law on Tourism. The previous law dates from 1999 and has 22 articles. The new Law contains 45 articles. According to the Law, the State Committee for Tourism Development is an authorized state body in […]

Serbian Banks Embracing Digital Technologies

By Katarina Guduric, Kristina Pavlovic The rapid development of digital technology has brought FinTech to Serbia, and what is certain from the beginning is that it will substantially reshape the interaction between service providers and users. Customer demands for efficiency are about to bring various technological innovations into the industry, which will create new opportunities and accelerate further […]

The new Law on Personal Data Protection – Key Innovations and What you Need to Know

By Milica Filipovic, Sanja Spasenovic Karanović & Partners held a presentation about the new Law on Personal Data Protection on September 18 at our office premises. Senior Associates* Sanja Spasenović and Milica Filipović, lawyers with vast knowledge and experience in data protection matters in Serbia, talked about the key innovations the Law brings. This new piece of legislation stepped into force on 21 […]

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Norton Rose's competition head defects to Macfarlanes

Medium-sized City firm Macfarlanes has poached Norton Rose’s respected departmental head John Cook to build up its competition department. Cook, a leader in his field who founded Norton Rose’s competition department nine years ago and built it up to four partners and 12 assistants in London and Brussels, said he had decided to make the […]

Financing

Frere Cholmeley Bischoff advised Threadneedle on conversion of 18 Allied Dunbar unit trusts to Threadneedle Investment Funds ICVC an open ended investment company

Lord Irvine to bolster relationship with UK

The Lord Chancellor, Lord Irvine of Lairg QC, will become the first cabinet minister to visit the region since the transfer of sovereignty on 1 July when he visits the former colony this week. Irvine has indicated that the main purpose of his visit is to bolster the relationship between the judicial systems of Hong […]

Scottish conveyancing system for whom?

Leslie Dubow highlights some of the flaws of the Scottish conveyancing system that the Adam Smith Institute has recommended and offers some alternative solutions. Leslie Dubow is executive officer of the SPG. A report of the Adam Smith Institute on the house-selling process is said to recommend adopting the Scottish legal process whereby buyers and […]

Flotations

Jerrard Saunders Donn acted for STG Holdings on their recent introduction to the Ofex market and a two for five placing with clawback.

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