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Latest Briefings

Amendments to the Hungarian Data Protection Act

By Dorottya Gindl The Hungarian Parliament has recently adopted legislation with the aim of harmonising the national data protection rules with the rules of the GDPR, and supplementing the national rules in areas not regulated by the GDPR. The Parliament adopted Act XXXVIII of 2018 (“Amendment“) in an extraordinary session and the new regulations entered […]

Changes to Entrepreneurs’ Relief: What do you need to know?

By Mark Braude A significant and welcome change to the Entrepreneurs’ Relief (ER) rules was announced in the Finance Bill 2019 last month. It is aimed at shareholders who would otherwise lose their entitlement to ER as a result of being diluted below the 5% required shareholding…

FCA publishes evaluation of Guaranteed Asset Protection intervention

By Alanna Tregear The Financial Conduct Authority (the FCA) said, as part of its 2018/2019 Business Plan, it wished to investigate the effectiveness and impact of its interventions into certain markets and industries. The FCA intends to conduct three pilot evaluations, the first being an evaluation of the FCA’s September 2015 intervention into GAP insurance. […]

Asset management and investment funds update

On 30 July 2018, ESMA published its final report following its peer review of the compliance and supervisory framework of six national competent authorities (NCAs) with aspects of the UCITS framework for Efficient Portfolio Management (EPM). The review covered the NCAs for Ireland, the UK, Luxembourg, Germany, France and Estonia and was limited to assessment […]

Employers: Capability procedures explained

By Michael Briggs This month, in our Breaking Down the Handbook series, we look at capability policies and why they are a useful tool for employers to have when it comes to dealing with poor performance…

Recommended

Andrew Clay on whether Millennium Bug legislation is enough.

Andrew Clay is an intellectual property partner at Hammond Suddards. Two Bills are before Parliament which could have a significant impact on how businesses deal with the Millennium Bug. The Government can be applauded for what it has done to increase awareness of the problems that may be caused by the inability of computers to […]

In brief: Rowe & Maw recruits Garretts EC law head

Rowe & Maw has hired Garretts head of EC law, Philip Ruttley, as a partner. A specialist in the dispute resolution system of the World Trade Organisation, Ruttley was previously UN legal adviser on development aid and an EC adviser at HM Treasury Solicitor’s Department.

Simmons dismisses hacker threat to launch intranet first

Simmons & Simmons is set to become the first firm in the UK to link all of its IT systems and confidential information to an intranet. Simmons has emulated the BBC and NatWest Global Markets by buying the US Web-based IT system Open Text Livelink for a “significant six-figure” investment. By next summer, every document […]

In brief: Fast track pre-trial costs regime faces delay

The Lord Chancellor, Lord Irvine confirmed last week that plans to introduce a pre-trial costs regime in fast-track cases – covering actions worth up to #15,000 – will be postponed pending further investigation into the causes of high-cost litigation. But he did confirm that fixed costs for fast track trials would begin in April 1999.

OFT poised to fine UK firms ignorant of EU competition rules

British business has little or no understanding of the radical changes that will affect it if the UK adopts EU-inspired competition laws, says a Cameron McKenna survey of top companies. The survey of 100 leading companies found 57 per cent had taken no action to prepare for impending changes to the competition regime. The legislation […]

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