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Latest Briefings

Bulgarian pension funds: New opportunities for banks to enter into repo transactions and derivatives

By Tsvetan Krumov The amendments provide new business opportunities to banks to enter into repo transactions and derivatives with Bulgarian pension funds. There are various types of private social security funds under Bulgarian law depending on the social security risks they cover. However, as the regime for derivatives and repo transactions is identical for all […]

Amsterdam District Court: Museum Map Foundation must provide data to tax authorities on museum visits

By Anke Holtland Yesterday, the Amsterdam District Court ruled in summary proceedings that the Museum Map Foundation must provide data to the tax authorities on museum visits by one specific museum card holder. What was going on? The Tax and Customs Administration demanded the information about museum visits from one specific museum card holder for the period 2014 to […]

Rules and weightings for 4th Dutch Offshore Wind tender (HKZ III&IV)

By Roland de Vlam, Redmar Damsma With the tender for the Hollandse Kust Zuid III & IV offshore wind sites in Q1 2019 rapidly approaching, potential contesters and other interested parties are awaiting the publication of the definitive version of the Ministerial Regulation holding the rules and weightings related to the tender procedure and criteria […]

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FSB recognises Bermuda, BVI and Cayman for strong adherence to regulatory standards

The Financial Stability Board (FSB) has named Bermuda, the British Virgin Islands (BVI) and the Cayman Islands to its list of jurisdictions demonstrating sufficiently strong adherence to regulatory and supervisory standards on international co-operation and exchange. In a report released last month, the FSB provided an update on its initiative to encourage global adherence to international standards, focusing on […]

ThinkHouse podcast: September 2013 — the pros and cons of cloud services

In this ThinkHouse podcast from Wragge & Co, parter Sally Mewies talks to Michael Luckman about the pros and cons of cloud services. If you are registered and logged in to the site, click on the links below to listen to the Wragge & Co podcast or read the transcript. If not, please register or […]

Allen & Overy’s index reveals uneven recovery in M&A markets

Allen & Overy’s latest M&A Index has revealed that the recovery in M&A activity predicted at the beginning of 2013 has failed to materialise. According to the index, figures are down; however, a deeper analysis reveals new pockets of activity emerging:  The US continues to be the most active M&A market Spain shows signs of […]

Plenum of Higher Arbitrazh Court clarifies certain issues of D&O liability

On 20 August 2013, the Higher Arbitrazh Court of the Russian Federation (VAS) published Plenum Ruling No. 62 of the Higher Arbitrazh Court dated 30 July 2013 on Certain Issues Related to Indemnification by Persons who are Members of Corporate Bodies on its official website. The ruling provided the arbitrazh courts with clarifications on a […]

Barclays bags Lloyds’ legal head

Last November we pointed out that Lloyds Banking Group (LBG) had seen more bombshells than an EastEnders Christmas special. If you need reminding why, 2013 alone saw the bank look to outsource teams to legal advisers, merge other in-house functions and make a number of senior legal management moves. Order them a double shot of […]

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