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Related briefings

Serbia: The registration of Ultimate Beneficial Owners

As of 31 December 2018, the Central Registry of Ultimate Beneficial Owners was established within the Serbian Business Registers Agency (the “Registry”), in line with the Law on Ultimate Beneficial Owners (“Official Gazette of the RoS no. 41/2018). In addition, the Ministry of Economy issued guidelines which provide more information on the implementation of certain aspects of this Law […]

Serbia amends tax legislation

By Branimir Rajšić The Serbian National Assembly passed amendments to the tax laws, introducing incentives for the IT sector, tax exemptions for the transfer of property under concession agreements and tax exemptions related to income from employee share plans. Additionally, the new Law on Fees for the Usage of Public Goods Governing the Payment of Fees […]

Macedonia: Changes in tax legislation

The new Law on Personal Income Tax (“PIT Law”), applicable from 01 January 2019, abandons the “flat” tax rate and introduces progressive taxation. Besides the tax rate at 10%, the new PIT Law envisages a tax rate at 18% and 15%, applicable to different types of income. On 24 December 2018, the Assembly of the […]

Geo-blocking – EU Commission fines Guess

On 17 December 2018 the European Commission fined the clothing company Guess in the amount of EUR 39.8 million for restricting retailers from online advertising and selling cross-border to consumers in other Member States – i.e. “geoblocking”. The Commission’s announcement of its fining decision complements the Regulation 2018/302 on unjustified geo-blocking (the “Regulation”), which came […]

Renewable incentives in Serbia to remain unchanged in 2019

The Government of the Republic of Serbia extended the validity of the Decree on Incentive Measures for the Production of Electric Energy from Renewable Energy Sources and High-efficiency Cogeneration of Electric Energy and Thermal Energy (Decree) until the end of 2019. It was initially valid until the end of 2018. This means that new wind […]

Latest Briefings

All aboard the bond wagon: SEBI board meeting decisions

The Securities and Exchange Board of India (SEBI) in its meeting held on 18 August 2018, besides reviewing the total expense ratio of the mutual fund schemes and agreeing to introduce united payment interface with ASBA facility for public issues, has also paved the way for further stimulating the bond market by removing the requirement […]

Brexit: What happens next?

By Trudy Feaster-Gee, Sue Harris Now that the House of Commons has overwhelmingly rejected the government’s Brexit deal, we take a look at what happens next and what it means for businesses. On Tuesday 15 January 2019, the House of Commons voted overwhelmingly to reject the Brexit deal negotiated between the government and the European Union. A […]

Implying ‘Braganza’ duties into mortgage contracts

By Christina Gill A recent High Court case has shed some light on the extent to which the courts may imply additional duties into mortgage agreements requiring lenders to make decisions by way of processes that would be “lawful and rational in the public law sense”. Banking Litigation specialist Christina Gill explains UBS AG v Rose Capital […]

The International Comparative Legal Guide to: Private Client 2019

By Philippe Pulfer, Olivier Sigg Welcome to the 2019 edition of The International Comparative Legal Guide to Private Client which I am delighted to introduce this year. The Guide covers a comprehensive and diverse range of articles that would pique the interest of any domestic or international practice client adviser. The publication is designed to provide readers […]

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Moves: 12 January 2015

Move of the week Kirkland & Ellis debt finance partner Stephen Gillespie is leaving the firm to join Gibson Dunn & Crutcher, to become the Californian firm’s fifth high-profile recruit in the last year. He makes the move after eight years at Kirkland. UK London Bond Dickinson has hired Andrew Barber as a partner for […]

Singapore

KWM to open Singapore office to better serve South East Asia clients

King & Wood Mallesons (KWM) will open a new office in Singapore this spring after being granted a foreign law practice licence by the attorney general. The firm’s Singapore practice will focus on international funds, energy and resources and China inbound and outbound work. The team, headed up by global managing partner Stuart Fuller, will […]

RBS’s deputy GC steps up as Chris Campbell retires

It’s been a torrid few years for the Royal Bank of Scotland (RBS), following its 2008 rescue by the UK Government in the wake of the financial crisis. That’s meant plenty of work for the legal team, as RBS has bought and sold assets, cut jobs and faced some hefty claims from shareholders in court. […]

Clyde & Co pursues strategy of diversification

Clyde & Co has grown 90.2 per cent from £192m to £365.1m between the 2009/10 and 2013/14 financial years, and according to senior partner James Burns is targeting revenue of more than £400m for the current financial year. In today’s leadership interview Burns reflects on his first year in command, making diversification the buzzword of […]

Ogier supports Jersey Student Business Challenge

The Jersey Student Business Challenge kicked off with a launch event for students from Grainville and JCG on Tuesday 13 January 2015.  The Challenge, which is supported by Ogier as well as by Barclays and EY, sees 10 teams of students from each school start-up and run their own businesses with an initial investment of […]

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