Quartet of US firms line up for Bayer’s $14.2bn acquisition of Merck division

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Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

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Allen & Overy is named Netherlands Law Firm of the Year 2014

Allen & Overy has been named Netherlands Law Firm of the Year by Chambers. It was also ranked in the highest category for 13 practice areas. The Chambers Awards honour those firms that have stood out for the excellence of their work. Chambers said of Allen & Overy: ‘This tremendous firm offers top-notch services in its core […]

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Homes & Communities Agency slashes panel from 14 to nine firms

A total of eight firms including Ashfords, DLA Piper and Eversheds have lost their places on the Homes & Communities Agency (HCA) panel, which has been slashed from a total of 14 firms to just nine.  The national housing and regeneration agency for England, in charge of the Affordable Homes Programme, has overhauled its legal […]

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BLM boss: insurance is transforming and this firm is going global

BLM’s senior partner Mike Brown is intent on leading his insurance-focused firm into the big league. Insurance-focused Berrymans Lace Mawer has been flying quietly and steadily under the radar for years. But its merger with Scotland’s HBM Sayers last week (1 May 2014) and subsequent rebrand to BLM is part of a quiet, but nonetheless […]

Further UK challenge to FTT possible, according to Ben Jones from Eversheds

Eversheds has commented on the rejection of the UK’s challenge to the proposed Financial Transaction Tax (FTT). Ben Jones, tax expert at the law firm, said: ‘The court’s rejection of the UK’s challenge was anticipated but, from the details currently available, should not prevent a further challenge being raised by the UK if necessary. ‘Reading […]

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A&O follows clients to Myanmar

Myanmar has just celebrated its new year with the Thingyan festival, when people pour water on one another as part of the cleansing ritual to welcome the new year. In the legal world, Allen & Overy is the latest firm to make a splash in Myanmar, as it becomes the first magic circle firm to […]

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