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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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Future of Financial Advice series: ASIC’s new powers

This update is intended as a general overview, targeted specifically at claims officers and underwriters of insurers of professionals required to comply with the Future of Financial Advice (FOFA) reforms. The Australian Securities and Investments Commission (ASIC) has now increased powers to protect the public and reinforce the integrity and reputation of the financial services […]

All things being equal: so far, so good — the Public Sector Equality Duty

The Public Sector Equality Duty (PSED) was brought in by the Equality Act 2010 and came into force in April 2011. It requires public bodies to have due regard to the need to eliminate unlawful discrimination; promote equality of opportunity between different groups; and foster good relations between different groups. This general duty is supplemented by […]

Conyers Dill & Pearman advises Essent Group on $335m initial public offering

Conyers Dill & Pearman has provided Bermuda legal advice to Essent Group. This was the first initial public offering (IPO) of a home mortgage issuer in nearly 20 years. Shares traded above the estimated range, valuing the Essent Group at $1.42bn (£880m). Michael Frith, Alexandra Macdonald and Chris Garrod of Conyers’ Bermuda office advised on […]

Libor litigation looms

If there’s one issue that is going to run and run for litigation lawyers it’s the cases coming out of the Libor scandal. Barclays and Deutsche failed last week in their attempt to get the Libor aspects dismissed in major financial misrepresentation claims against them. The City will be watching very closely. How’s your year […]

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