Reed Smith’s Paris office brings in Freshfields counsel

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Bulgaria introduces more detailed rules for provision of remote and online payment services

By Svilen Issaev, Denitsa Kuzeva The Bulgarian National Bank (the “BNB”) has recently adopted amendments to its Ordinance No 3 on the Terms for the Opening of Payment Accounts, Execution of Payment Transactions and Use of Payment Instruments (the “Ordinance”). The new amendments bring the Ordinance in line with the provisions of Commission Delegated Regulation (EU) 2018/389[1] (the […]

Bermuda Public Companies Update – July 2019

In the latest edition of our Bermuda Public Companies Update we recap significant transactions involving Bermuda public companies over the period H1 2019. Global market update The first half of 2019 saw a notable slow-down in global market activity from the same period last year. Capital raised in the global IPO market fell by 37%, with volume down 34% on […]

Reflecting on Reflective Loss

By Nigel K. Meeson Primeo Fund (In Official Liquidation) and Bank of Bermuda (Cayman) Limited, HSBC Securities Services (Luxembourg) SA (Cayman Islands Court of Appeal 13 June 2019) The common law principle of reflective loss has been judicially described as a “perplexing and developing area”. The most recent decision of the Court of Appeal in […]

Emerging Legal Issues in an AI-Driven World

Introduction Artificial Intelligence (“AI”) is the new marketplace reality. The increase in computing power, improved algorithms and the availability of massive amounts of data are transforming society. According to the International Data Corporation (“IDC”), the AI market is expected to hit $35.8 billion this year, which represents an increase of 44% since 2018.1 IDC has also projected global spending […]

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Daniela Baker: Honda UK

Daniela Baker’s belief in her ability helped her land the role of Honda UK company solicitor. But she is showing the company that it made the right choice. By Malar Velaigam Honda entered the motor industry in 1948, with its UK operations kicking off in London in the 1960s. The company has now grown to […]

A&O secures HSBC sexual discrimination appeal victory

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With the introduction of the Companies Act 2006, Northern Ireland is experiencing company law reform on an equal footing with the rest of the UK for the very first time. Richard Gray reports Along with the rest of the UK, company law in Northern Ireland is currently undergoing a significant overhaul with the introduction in […]

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