Financings

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Latest Briefings

Change to response time for data subject access requests

By Jeanette Burgess, Andrew Northage On 15 August 2019, the Information Commissioner’s Office (ICO) issued updated guidance on the timescales for responding to a data subject access request (DSAR) following a recent ruling of the Court of Justice of the European Union. The general rule is that DSARs must be complied with without undue delay and at […]

Dividends subject to tax

Samuel Fernandes de Almeida, Tax partner, is quoted in an online article, published by the Angolan financial newspaper Mercado, discussing the changes in the Angolan employment income tax (IRT) code. The article details how the change introduced by Law 9/19, of 24 April, establishes that the distribution of profits to members of civil companies or […]

Alternative Investment Funds 2019 – Portugal

By Pedro Simões Coelho, Inês Moreira dos Santos What legislation governs the establishment and operation of Alternative Investment Funds? The activity involving the management, investment and marketing of Alternative Investment Funds (AIFs) is mainly regulated by the Undertakings for Collective Investment Law (Regime Geral dos Organismos de Investimento Coletivo), enacted by Law no. 16/2015 of […]

Alternative Investment Funds 2019 – Angola

By Pedro Simões Coelho, Carlos Filipe Couto  The activity involving the management, investment and marketing of Alternative Investment Funds (AIFs) is mainly regulated by the Undertakings for Collective Investment Law (Regime Jurídico dos Organismos de Investimento Coletivo), enacted by Presidential Legislative Decree no. 7/13, of 11 October (UCI Law). Law no. 10/15, of 30 June […]

Alternative Investment Funds 2019 – Mozambique

By Pedro Simões Coelho, Carlos Filipe Couto What legislation governs the establishment and operation of Alternative Investment Funds? Activity involving the management, investment and marketing of Alternative Investment Funds (AIFs) is mainly regulated by: the Undertakings for Collective Investment Law, enacted by Decree no. 54/99 of 8 September 1999 and amended by Decree no. 36/2005 […]

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Partner quits Hammonds on good terms after 21 years to boost small firm

A former partner at Hammond Suddards has chosen to move to a much smaller Leeds firm, Nelson & Co. Ian Shuttleworth, a partner at Hammond Suddards for 18 years, approached nine-partner Nelson & Co himself and joined as a partner last week. A specialist in commercial property and construction law, he plans to build up […]

HR&K puts its faith in niche team

City firm Harris Rosenblatt & Kramer has absorbed the banking and finance department of Bromley firm Hill Bailey. Under an unusual arrangement, the department will still operate in Hill Bailey’s offices as a satellite of the City firm. HR&K will gain a new portfolio of clients, mostly mortgage companies, and seven fee earners. None of […]

High Court swings to rock 'n' roll actions

Even if they have little interest in the music, it seems High Court judges can keep up-to-date with pop’s trends by the litigation coming before them. After a recent hearing before Mr Justice Rattee, counsel Gregory Banner revealed the all-out royalties battle between members of chart-topping group Oasis and their ex-drummer Anthony McCarroll is still […]

Berwins spends on full IT revamp

Alison Laferla reports City firm Berwin Leighton is completely revamping its IT system in an attempt to “leapfrog the competition”. The firm has opted to run on an Intel platform and Microsoft NT, the successor to the MS DOS operating system. The contract for upgrading the IT system, worth over half a million pounds, has […]

Charles Marquand sees problems for insider dealing charges.

Charles Marquand is a barrister at 3 New Square. Recent reports (The Lawyer 25 June 1996) suggested that the losers in the recent copper market turmoil were considering whether to start litigation under section 62 Financial Services Act 1986 for losses arising from insider dealing. They may be disappointed. Section 62 (1) of the Act […]

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