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Latest Briefings

Guernsey’s Handbook on Countering Financial Crime and Terrorist Financing revised

On 12 March 2019, the Guernsey Financial Services Commission (GFSC) published the final version of the revised Handbook on Countering Financial Crime and Terrorist Financing(the Handbook). The revisions to the rules and guidance in the Handbook, together with the revised legislation (the new Schedule 3 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, […]

Activities requiring data protection impact assessment under Luxembourg law

By Anne-Gaëlle Delabye, Bertrand Géradin, Tara Kapur The Luxembourg National Data Protection Commission (Commission nationale pour la protection des données, CNPD) has published a list of processing operations which require a mandatory data protection impact assessment in accordance with article 35 of the General Data Protection Regulation (GDPR). What is a data protection impact assessment […]

New property transfer tax law

By Branimir Rajšić As of 1 January 2019, a new Property Transfer Tax Law is applicable for the transfer of property in the capital of Bosnia and Herzegovina, Sarajevo, and the entire Sarajevo Canton (published in the Official Gazette of the Sarajevo Canton no. 28/18). The new law regulates tax issues on real estate transfers, as well […]

Contribution regulation for company managers

By Branimir Rajšić Under the new Contributions Act, mandatory insurance now covers management board members, executive directors and liquidators in companies, unless they have mandatory insurance on another basis. When appointed to those functions (even when not employed), they are obliged to pay contributions on a monthly basis. This obligation includes contributions for pension insurance […]

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Bar Council to confront cab rank rule

THE BAR Council is reviewing the controversial cab rank rule requirement that barristers must accept legal aid briefs whatever the fee. The profession’s ruling body has finally got round to tackling one of the most controversial recommendations of Lord Alexander QC’s Bar Standards Review Body. His influential 1994 report on the future of the Bar […]

Field opens up as clubs go public

Expansion at the UK’s top football clubs is providing opportunities for law firms. Edge & Ellison advised Caspian, which recently acquired Leeds United for about £50 million. Newcastle United has recruited financial advisers who will consider taking the club public via a stock market flotation. Legal advisers have not yet been officially appointed. Chelsea has […]

In brief: Legal pay survey released

The head of a legal department at a major stock market company commands a total pay package of around £95,000, according to a survey compiled by recruitment advisers Taylor Root. Remuneration for a top in-house legal averages £80,000 basic salary and £15,000 in perks and their pay has risen by 4.82 per cent. The market […]

Challenge to criminal defences

The House of Lords is deciding whether to allow a challenge over the defences open to those charged with failure to comply with enforcement notices. The Law Lords have invited the Crown to express its views on the application in the case of R v Wicks to appeal against conviction in respect of failure to […]

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 […]

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