Executive share plans in Russia and the CIS

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Related briefings

At-a-glance guide to GDPR regulations for HR teams

As of 25 May 2018, the General Data Protection Regulation (GDPR) will reform data protection and privacy laws not only in Europe but across the Channel Islands. The new rules: • Create new responsibilities for employers about how they collect, use or store information about their staff. • Give employees new rights about how their […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

GDPR: priorities for Jersey and Guernsey funds and service providers

Data protection and privacy laws will be reformed across Europe when Regulation (EU) 2016/679, commonly known as the General Data Protection Regulation (GDPR), comes into force on 25 May 2018. The GDPR builds on existing legislation and seeks to harmonise and enhance data protection and privacy laws across the EU. It also introduces significant fines […]

Guernsey: Accessing services that cross a neighbour’s land

By Piers Dereham Virtually all properties these days are linked to a complex network of services, such as the island electricity grid, the water network, drains, gas and telecommunications, and in many cases, the services that reach your house cross neighbouring private land. How can you be sure that your neighbour cannot prevent your continued […]

Channel Islands: Two different approaches to Hastings-Bass

The rule in Hastings-­Bass gives the court discretion to set aside an exercise of power if a trustee failed to take into account relevant considerations when exercising the power, or took into account considerations which should properly have been disregarded. This rule has been at the forefront of Guernsey jurisprudence in recent months due to […]

Latest Briefings

Update on EC proposals to amend UCITS, AIFMD, EuVECA and ELTIF to facilitate cross-border distribution

On 12 March 2018, the European Commission issued a proposal for a new regulation (the Regulation) and a new directive (the Directive) concerning the cross-border distribution of collective investment funds amending inter alia UCITS (the UCITS Directive), AIFMD, EuVECA and EuSEF (the Proposals). Please find below a summary of the main changes under the Proposals. What will change under the Proposals?

MEES: What information is required to register an exemption?

By Maria Connolly Since 1 April, it has been unlawful for a landlord to let a property with an EPC rating of below E, unless an exemption has been registered on the PRS Exemptions Register. The government has released guidance on the evidence required to register an exemption on the PRS Exemptions Register…

Getting the Deal Through: Fund Management 2018, Luxembourg edition

Fund Management traces the regulatory and legislative obligations facing fund managers balancing the need to maximise investment returns whilst also ensuring adequate investor protections in an increasingly challenging regulatory environment. Topics are written by leading experts and include: authorities responsible for fund regulation; licensing processes; territorial scope of regulation; required authorisations of fund marketing activities; […]

Financial Regulatory News Updates – April 2018

The Financial Regulatory News Updates: an overview in which Loyens & Loeff’s Banking and Finance Practice Group highlights recent legislative developments and publications of supervisory authorities in the financial markets…

Dutch coal exit proposed by new draft bill

On 19 May 2018 the Minister of Economic Affairs and Climate Policy (hereinafter: ‘the Minister’) published its draft bill (in Dutch only) on the Prohibition of the use of coal by power producers for public consultation (hereinafter: ‘the draft bill’). The basis of the draft bill derives from international (the Paris Agreement in 2015) and national (the […]

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‘Last-chance saloon’ for banks on SEPA migration, says Eversheds partner

Eversheds has commented on the European Council’s approval of an agreement with the European Parliament on the proposed draft SEPA Migration Regulation relating to credit transfers and direct debits. Fiona Ghosh, partner at Eversheds, said: ‘Following increasing evidence that many European businesses were struggling to meet the 1 February 2014 deadline, it comes as no […]

Shared parental leave — further details announced

The government has announced how the new system of shared parental leave will work when it comes into force in April 2015. The announcement followed an eight-month consultation process. Under the new scheme, mothers will be able to commit to ending their maternity leave and maternity pay at a date in the future, with the intention […]

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European cybercop

The EU believes strict regulation is the path to online security, and accountants are already lining up to seize the advice work As action heroes go, the sombre-suited members of the European Commission and their hordes of faceless Eurocrats aren’t a patch on a pumped, bloodied Bruce Willis in his sweat-soaked vest. But the commission’s […]

What’s coming up in 2014: 10 legal employment issues you need to know

By Jayne Flint Every year brings with it a raft of new legislation and legal points for employers to grapple with. As we start yet another year of change to employment law, Shoosmiths looks at the 10 most important developments in the pipeline. Changes to TUPE: the proposed new regulations come into force on 31 […]

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Dundas and CMS partners agree two-year lock-in as merger terms take shape

Dundas & Wilson and CMS Cameron McKenna partners have agreed a two-year partner lock-in period as a condition of their proposed £277m merger this year, The Lawyer understands. The lock-in was agreed as part of a “high-level” package put together by the firms’ management, which guaranteed co-managing partner Caryn Penley a seat on CMS’ 15-strong […]

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