Jersey: representation of the C Trust Company

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Latest Briefings

New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

Health and safety at work in Romania: What companies need to know

Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

FOS expansion to SMEs – near-final rules published

By Paul Gair The Financial Conduct Authority yesterday released its policy statement on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper detailing proposals for increasing […]

Insurance & Reinsurance 2018: issues facing lawyers and clients today

Have there been any major changes or developments in your jurisdiction over the past 12–18 months? How have these impacted your practice? In August 2016, the Bermuda Monetary Authority (BMA) issued the Insurance Manager Code of Conduct requiring insurance managers to follow a set of procedures when carrying out their functions. In September 2017, the […]

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Schoenherr advises UNIQA in major corporate restructuring

Schoenherr has advised UNIQA Insurance Group AG in the largest corporate restructuring in the Austrian insurance industry in 2016. The restructuring of the Austrian insurer was completed precisely on schedule and recorded in the commercial register on 1 October 2016. The restructuring process was highly complex, involving several reorganisational steps intended to streamline UNIQA’s Austrian […]

Conyers advises Fantasia on senior notes issue

Conyers Dill & Pearman acted as special legal counsel in the Cayman Islands to Fantasia Holdings Group Co Limited and to its British Virgin Islands subsidiary guarantors, Fantastic Victory, Wisdom Regal and Fantasia Financial Community Group in connection with the Company’s issue of $400m 7.375% Senior Notes due 2021. Fantasia Holdings is a leading property […]

Shoosmiths advises Mabey on two major disposals

Shoosmiths has advised Mabey Group on the multi-million pound sale of properties at Chepstow, South Wales and Chatham Maritime, Kent. Shoosmiths’ real estate team advised Mabey Group on the sale of Newhouse Distribution Park in Chepstow to AluK Limited. Shoosmiths’ real estate partner Nathan Rees led on the deal, assisted by associates Laura Limpus and […]

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