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Latest Briefings

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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Cedel's new counsel

Luxembourg-based bond clearing house Cedel has appointed Wim Hautekiet as general counsel, with a boardroom seat on the major subsidiaries. Hautekiet was assistant general counsel at JP Morgan Securities for six years. Before that that he worked at the Brussels office of Belgian firm De Bandt van Hecke & Lagae.

Is justice being served by the Cases Review Commission?

A year ago the Home Office and the Northern Ireland office handed over their files on alleged miscarriages of justice to the Criminal Cases Review Commission. Paul Taylor examines how well the new body is performing its task. Paul Taylor is a barrister at Doughty Street Chambers. Until the Criminal Appeal Act 1995, the decision […]

Dual-qualified solicitors are suspended from the Bar

The Bar Council has written to all barristers who have become solicitors, telling them that they are suspended from the Bar and can no longer exercise rights of audience as a barrister. The letter, which was sent earlier this month from Jonathan Hirst QC, chairman of the professional standards committee, is the first communication dual-qualified […]

Clifford Chance advises Unionists

Clifford Chance advised the Ulster Unionist Party on key constitutional issues relating to the Northern Ireland peace agreement in the run-up to this month’s historical settlement. The Unionists, headed by ex-lawyer David Trimble, opted for top-notch legal advice, as they feared that changes to Northern Ireland’s status would weaken the Union. “We went to the […]

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