Related briefings

Privacy Shield open for self-certification on Aug 1

On August 1 US organisations can finally begin to submit self-certification requests to the Department of Commerce under the new EU-US “Privacy Shield.” This opens a new era for the lawful transfer of personal data from the European Union westward across the Atlantic. The Commerce Department has published a practical guide, “How to Join Privacy Shield: Guide to Self-Certification,” […]

Brexit - Flag of European Union

Tax Issues around Brexit

Our European tax team recentlydelivered a breakfast seminar exploring the tax issues and challenges posed by the result of the EU Referendum. The team covered a range of issues, including: the European framework, including overview of the EU, EEA, Eurozone and other European groupings; the process of the UK’s withdrawal from the EU; and the […]

Insurance: new assessment method for GSIIs

The International Association of Insurance Supervisors (“IAIS”) has published its updated assessment methodology for designating global systemically important insurers (“G-SIIs”) (the “Revised Methodology”). As part of the review cycle of the IAIS and following consultations in 2015 the Revised Methodology now comprises five phases and adopts absolute reference values for certain indicators. Additionally, the Revised Methodology incorporates a […]

Outlook in enforcement actions against foreign banks at the new NYDFS

By Matthew L. Biben, Courtney M. Dankworth, Eric R. Dinallo, Mary Beth Hogan, Gregory J. Lyons, David Sarratt, David G. Sewell, Harriet M. Antczak On June 15 Maria Vullo was confirmed as the new Superintendent of the New York State Department of Financial Services (“NYDFS”), solidifying the first permanent change in leadership at the agency. Since the departure last summer of […]

Market abuse regulation: significant new obligations

By James C Scoville, Vera Losonci, Dominic Blaxill, Thomas Matthews A newMarket Abuse Regulation1 (“MAR”) will apply throughout the European Union as of 3 July 2016. The Regulation imposes new obligations on share, debt and depositary receipts (ADR and GDR) issuers listed on the London Stock Exchange (“LSE”) or another EU-regulated market, and also those with securities trading on unregulated exchanges (such […]

Latest Briefings

Workplace mentorship and why it builds great organisations

Starting an entirely new job usually requires you to learn from more experienced co-workers. Even if you’ve had training beforehand, there’s often a world of difference between preparing to do a job in theory, and actually carrying it out in practice.

Video: Keeping trade moving revisited

Last October our in-house lawyer training day sought to address the question of how can we keep trade moving? We looked at issues such as: the speed of change, Brexit, collaboration and the changing customer.

COVID-19: Where now for employment tribunals?

Recent reforms to the Employment Tribunal system and a move towards virtual hearings are intended to boost hearing capacity and access to justice. We consider the developments to the pre-existing approach and what this means for employers. Justice in slow motion?

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Business city

Star legal writers: banking

Gowling WLG: Fraud update: Economic crime; TalkTalk’s cyber attack; the SFO By Andy Petherbridge By Sean O’Toole Crime of failure to prevent economic crime According to the justice minister, the Ministry of Justice has decided against introducing a new criminal offence of failing to prevent an economic crime. He stressed that the principle of corporate criminal liability […]

Allen & Overy

Allen & Overy retains 86% of smallest intake in years

Allen & Overy is to retain 36 out of 42 qualifying trainees this autumn, equating to 86 per cent of its intake. It is the first of the magic circle to release its figures for September. The firm made 38 offers to the 39 final-seat trainees who applied for a newly-qualified position, with 36 accepting.  Training […]

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