Kensington wins review

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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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Protection from insolvency

The collapse of the Kwelm companies has given rise to the world’s largest insurance insolvency. Through HS Weavers, their underwriting agent, the Kwelm companies underwrote insurance risks situated mainly in North America and have suffered massive losses in respect of pollution, asbestos, professional indemnity, medical malpractice and other claims. These claims have a “long tail” […]

Conference awards Mandela honorary IBA membership

THE INTERNATIONAL Bar Association has amended its constitution to appoint its first honorary member – South African president Nelson Mandela. The change to the constitution, proposed by Slaughter and May’s Francis Neate – chair of the IBA’s Section on Business Law (SBL) – was introduced following a vote at the council’s recent annual general meeting […]

In brief: Commission sets out reform programme

An extension of its study of consent in the criminal law, a systematic review of the law on limitation periods and a re-examination of third parties’ rights against insurers are among items on the Law Commission’s sixth programme of law reform issued last week. The release of the programme, which sets out most of the […]

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