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Latest Briefings

Guernsey’s Handbook on Countering Financial Crime and Terrorist Financing revised

On 12 March 2019, the Guernsey Financial Services Commission (GFSC) published the final version of the revised Handbook on Countering Financial Crime and Terrorist Financing(the Handbook). The revisions to the rules and guidance in the Handbook, together with the revised legislation (the new Schedule 3 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, […]

Activities requiring data protection impact assessment under Luxembourg law

By Anne-Gaëlle Delabye, Bertrand Géradin, Tara Kapur The Luxembourg National Data Protection Commission (Commission nationale pour la protection des données, CNPD) has published a list of processing operations which require a mandatory data protection impact assessment in accordance with article 35 of the General Data Protection Regulation (GDPR). What is a data protection impact assessment […]

New property transfer tax law

By Branimir Rajšić As of 1 January 2019, a new Property Transfer Tax Law is applicable for the transfer of property in the capital of Bosnia and Herzegovina, Sarajevo, and the entire Sarajevo Canton (published in the Official Gazette of the Sarajevo Canton no. 28/18). The new law regulates tax issues on real estate transfers, as well […]

Contribution regulation for company managers

By Branimir Rajšić Under the new Contributions Act, mandatory insurance now covers management board members, executive directors and liquidators in companies, unless they have mandatory insurance on another basis. When appointed to those functions (even when not employed), they are obliged to pay contributions on a monthly basis. This obligation includes contributions for pension insurance […]

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Ian Lyall of McGrigor Donald acted for Devonport Royal Dockyard Pension Trustees in Plymouth on a £3.1m investment purchase of property in Stirling from National Provident, advised by Biggart Baillie.

Partners at war

Peter Carter-Ruck and Partners are prime candidates. And the 20 or so partners who marched out of Dibb Lupton Alsop earlier this month could probably testify to the need for it. It might go against the grain, but seeking the help of external counsellors – who assess personalities, work out individuals’ values and goals and […]

Hugh James to merge with Ford Simey

WELSH giant Hugh James is to merge with the Exeter-based firm Ford Simey Daw Roberts in response to changes in the insurance sector. Ford Simey head of insurance Paul Derbyshire says: “The move is insurance-driven. We had been working alongside each other on the Commercial Union panel, and have the same litigation philosophy.” The new […]

Berrymans' Taylor takes new role

BERRYMANS Lace Mawer has changed its partnership constitution to formalise Paul Taylor’s position as national senior partner. A new post has been created for Taylor, giving him a co-ordinating role to help consolidate the firm’s recently merged northern and southern offices. Taylor says he has resigned from the management board to take up the post. […]

When partnership pitfalls are greater than the perks

Carry out a straw poll on what thrusting young things fresh out of law school dream of, and for most of them the job title “partner” would come marginally ahead of the top-of-the-range convertible. To come to the end of your career still as an assistant would, to many, be tantamount to failure, but attaining […]

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