Brains for Christmas

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Latest Briefings

Do payment processors wield too much power?

By Simon de Broise  Payment processors, as the name suggests, facilitate payments by credit and debit cards for both online and point of sale transactions. The payment processor acts as an intermediary between the merchant (e.g. a retailer or airline) and the customer’s bank, facilitating the rapid authorisation (or otherwise) of the payment and initiating (and […]

Making alterations to rented business premises in Guernsey

By Piers Dereham I want to carry out fitting-out works to my business premises but my landlords say I will have to remove them when my lease expires. They are also saying that they need to check my plans before they agree to anything. Is this correct? Yes. Most commercial leases contain clauses requiring you to […]

Ignoring Turkish law on data breaches could put you in prison

Data processors resident outside Turkey whose activities affect Turkey may also need to register by 30 September 2019. Even failing to delete expired data can be punished by one to two years’ imprisonment. As a candidate state for EU membership, Turkey aligns much of its legal system with EU law, hence its 2016 Law on the […]

Amendments to the legislation of Kazakhstan on corporate matters

By Bolat Miyatov  On 2 July 2018, the Law of the Republic of Kazakhstan No. 166-VI “On Amendments to Certain Legislative Acts of the Republic of Kazakhstan on Insurance and Insurance Activities, Securities Market” was adopted. Among other things, this legislative act has amended the Law of the Republic of Kazakhstan dated 13 May 2003 No. […]

Six weeks to go until Brexit: What’s going to happen to environmental law?

By Ben Stansfield, Lee P McBride, Andrew Litchfield One of the great beneficiaries of the European Union has been the environment. Since the very beginnings of the EU, Member States have come together and enacted a great variety of environmental laws, leading to cleaner seas, flourishing habitats and healthier citizens. With Brexit only a few weeks away, this […]

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Scottish Law Soc wants disciplinary rethink

The Scottish Parliament is debating whether to let the council of the Scottish Law Society drop its responsibility for disciplining solicitors Presently, all complaints against solicitors are handled by the 51 council members, but a new bill should allow the society to delegate to solicitors and non-solicitors on special client relations committees. The society wants […]

Opinion

Picture a restructuring: groups of bondholders, banks and leasing creditors, each with their own sets of financial and legal advisers; nervous management teams, nervous auditors – further legal advisers needed; a quoted group with some Continental European interests – you guessed it, further scope for legal advice This scenario is neither hypothetical nor exceptionally large. […]

Simpson Thacher in Singapore retreat

Singapore managing partner returns to New York; one of counsel and four associates transfer to Hong Hong Simpson Thacher & Bartlett is to close its Singapore office at the end of this month, following the decision of its managing partner Alan Brenner to return to New York.The firm also employs one of counsel and four […]

Accounting for change

Travers Symons reports on account aggregation services Account aggregation is a relatively new service made possible by recent technological advances. The idea is to allow an account holder to gather information from various financial institutions (or other sources) and to organise and display it in an aggregated format – usually on a single webpage. The […]

Accounting for change

Travers Symons reports on account aggregation services Account aggregation is a relatively new service made possible by recent technological advances. The idea is to allow an account holder to gather information from various financial institutions (or other sources) and to organise and display it in an aggregated format – usually on a single webpage. The […]

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