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Latest Briefings

Amendments to the Hungarian Data Protection Act

By Dorottya Gindl The Hungarian Parliament has recently adopted legislation with the aim of harmonising the national data protection rules with the rules of the GDPR, and supplementing the national rules in areas not regulated by the GDPR. The Parliament adopted Act XXXVIII of 2018 (“Amendment“) in an extraordinary session and the new regulations entered […]

Changes to Entrepreneurs’ Relief: What do you need to know?

By Mark Braude A significant and welcome change to the Entrepreneurs’ Relief (ER) rules was announced in the Finance Bill 2019 last month. It is aimed at shareholders who would otherwise lose their entitlement to ER as a result of being diluted below the 5% required shareholding…

FCA publishes evaluation of Guaranteed Asset Protection intervention

By Alanna Tregear The Financial Conduct Authority (the FCA) said, as part of its 2018/2019 Business Plan, it wished to investigate the effectiveness and impact of its interventions into certain markets and industries. The FCA intends to conduct three pilot evaluations, the first being an evaluation of the FCA’s September 2015 intervention into GAP insurance. […]

Asset management and investment funds update

On 30 July 2018, ESMA published its final report following its peer review of the compliance and supervisory framework of six national competent authorities (NCAs) with aspects of the UCITS framework for Efficient Portfolio Management (EPM). The review covered the NCAs for Ireland, the UK, Luxembourg, Germany, France and Estonia and was limited to assessment […]

Employers: Capability procedures explained

By Michael Briggs This month, in our Breaking Down the Handbook series, we look at capability policies and why they are a useful tool for employers to have when it comes to dealing with poor performance…

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Mishcon picks five startups in second round for tech incubator

Mishcon de Reya has selected five new startups for its tech incubator programme MDR LAB, launching its second round today. The firm has opted to provide legal advice, mentorship and education to two companies based in the UK, two in the US and one in Israel. The companies are real estate startup ThirdFort, collaboration tool […]

BT panel firms to gain another year as review stalls

BT has put its global legal panel on hold yet again, in a move that looks likely to put it over a year behind schedule, The Lawyer has learned. A major reason behind the decision to delay was the appointment of new general counsel Sabine Chalmers, who came in to lead the FTSE 100 company’s […]

hellas telecoms

Norton Rose client Hellas withdraws claim after just five days in court

Norton Rose Fulbright client Hellas Telecommunications has withdrawn its claim against a raft of companies just four days into a five-week trial, The Lawyer has learned. The Greek company  had filed a claim – which was one of The Lawyer’s Top 20 Cases of 2018 – against 47 separate defendants who were represented by Clifford Chance, Latham […]

Ashurst

Ashurst carries out secretarial review with 80 jobs at risk

Ashurst is carrying out a review of its business services function, scrapping the position of executive assistants to bring in a new business services role of “practice executive”. This move puts 80 secretarial roles in London at risk. There will be 35 practice executives and four team leaders in London, covering a broader line of […]

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