Large companies to publish payment practices

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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 […]

Switzerland: Insolvency law, policy and procedure

By Daniel Hayek and Laura Oegerli Statutory framework and substantive law Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892. A number of other laws and ordinances further regulate special aspects of restructuring and insolvency proceedings, such as specific provisions according to […]

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 […]

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Plexus loses 13 travel lawyers to Kennedys following group restructure

Plexus Law has lost a team of 13 lawyers from its travel law practice to insurance firm Kennedys, including senior partner and head of the practice Claire Mulligan and partner Justin Collins. Mulligan will now head up the travel group at Kennedys in London, specialising in personal injury, after 14 years at Plexus. Collins joins […]

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Milbank’s sole London female partner Costa leaves three months after promotion

Milbank Tweed Hadley & McCloy’s only London-based female partner Laetitia Costa has left the firm, The Lawyer understands. Costa became a partner this year alongside IT and outsourcing lawyer Joel Harrison (17 November 2014). She was the only female partner in the 21-partner office following the retirement of project finance partner Cathy Marsh in 2013. Costa joined […]

No5 barristers defend Sun reporter in latest Operation Elveden trial

Tom Wells, a Sun reporter, is accused of paying public officials for stories. He has told the court that he was unaware that his contacts were classified as public officials or that his actions could be considered criminal. He is accused of paying two prison guards for information about murderer Jon Venables and an immigration […]

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