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Latest Briefings

Draft law: Russia’s counter-sanctions against the US and other states

On 17 May 2018, the State Duma adopted in the second reading the draft Federal Law ‘On the Measures (Countermeasures) in Response to Unfriendly Actions of the USA and(or) other Foreign States’ (hereinafter – the ‘Draft Law’). Compared to the initial version introduced by a group of deputies in April this year, the Draft Law […]

Poland: Basic legal aspects of branch and representative office activity

By Łukasz Szostak Under the Polish law, a foreign entrepreneur may, based on the reciprocity principle, set up its branch in the Republic of Poland. The scope of the branch’s activity may include only the activity that is performed by the entrepreneur in the country of its incorporation…

Mongolia: Legal summary on electronic money regulation

The new law on the National Payment System, dated 31 May 2017, shall become effective from 1 January 2018. The importance of the new law is an integrated payment system launch between the Central Bank, commercial banks, legal entities, other financial institutions and individual customers. As result of the law enactment, the Central Bank will […]

Turkish law: Determination of the lease price of roofed workplace

In general, the relationship between a landlord and a tenant is governed by a contract. That contract is referred to as the lease. A lease is an agreement between the landlord and the tenant in which the landlord agrees to allow the tenant to occupy a building or a piece of property owned by the […]

Kyrgyzstan insurance market overview

Kyrgyz law identifies insurance activity as an activity of organisations that have a licence to provide services to individuals and legal entities for premium services, the subject of which are contractual specific obligations of the insurer in the event of an unknown event, with the distribution of risk among a large number of persons exposed […]

Recommended

Flotations & Financing

Corporate finance partner Andrew Mitchell led a team at Norton Rose which advised on the launch of Mercury Asset Allocator (MAA), an investment trust managed by Mercury Asset Management (MAM), to provide a tax efficient investment option to shareholders who were offered loan notes, which amount to over u200m, following the takeover of MAM by […]

White & Case hires Bakers partner

White & Case has recruited a Baker & McKenzie partner and an associate to its Hungarian practice, Reczicza Law Firm White & Case.Zsuzanna Kovacs is described as a senior Hungarian lawyer by Rob Irving, joint head of the White & Case Budapest office.Kovacs was a local partner at Baker & McKenzie and joins Reczicza as […]

SIF vote criticism 'sour grapes'

It is nonsense to suggest that the four council members who also sit on the board of SIF have a “vested interest” in the continuation of the mutual fund and should have done the “honourable thing” by abstaining from the vote (The Lawyer, 9 March). I challenge anyone to explain precisely what form this “vested […]

Bar Council in final bid to save aid in PI claims

The Bar Council is to make a last-ditch attempt to save legal aid for personal injury claims, at the very least in relation to certain vulnerable categories.It is also continuing the fight to curb the Lord Chancellor’s power to change the professional rules relating to the Bar Council, the Institute of Legal Executives (Ilex) and […]

In brief: Roger Venne

Roger Venne has been appointed the first head of the Civil Appeals Office. He will oversee the administration and management of the Court of Appeal (Civil Division). Venne will also perform certain judicial functions previously undertaken by the former Registry of Civil Appeals. Venne was previously deputy secretary of commissions at the Lord Chancellor’s Department.

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