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Manage DSAR Challenges through Workflow Optimisation and Automation

When the General Data Protection Regulation (GDPR) went into effect on 25 May 2018, it eliminated the cost barrier for an individual to submit a Data Subject Access Request (DSAR), potentially increasing the burden on organisations required to provide the results, and all in a tighter timeline. This has created a challenge for many organisations […]

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 […]

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Dewey loses NY team to Stroock

Dewey Ballantine has lost an eight-lawyer insolvency and restructuring team to Stroock & Stroock & Lavan in New York Partner Michael Sage led the exodus, which includes Gerald Bender and Mark Palmer, who have joined as partners, and five associates. Sage has become co-chair of Stroock’s insolvency and restructuring practice.Stroock managing partner Thomas Heftler said: […]

UK law cleaned up by soap

As most of you will be aware, the European Court of Human Rights (ECHR) last week issued a historic judgment in the case of Goodwin & I v UK. After almost 50 years of case judgments in the UK and the ECHR that have failed to protect transsexual people’s rights, the ECHR last week ruled […]

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